Nike’s Shares Fall After Sneaker Explosion
Business Wars Daily
Audible
4.6 • 717 Ratings
🗓️ 4 March 2019
⏱️ 5 minutes
🧾️ Download transcript
Summary
Today is Monday, March 4, and we’re looking at Nike vs. Adidas.
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Transcript
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| 1:05.6 | Thank you. McMillan Online Community. From Wondering, I'm David Brown, and this is Business Wars Daily on this Monday, March 4th. |
| 1:11.5 | It happens to everybody now and then. A piece of clothing gets torn. A shoe falls apart. No big deal. |
| 1:17.5 | Unless you happen to be basketball star Zion Williamson and your shoes made by Nike, and it blows out during a big game. |
| 1:25.3 | A blowout that public can cost a company billions of dollars in value. |
| 1:29.3 | Indeed, it did. After Duke University basketball star Zion Williamson's Nike shoe exploded |
| 1:36.7 | during a highly anticipated game against North Carolina. Williamson is said to be one of the |
| 1:42.0 | NBA's top draft picks, one of the reasons why the game was one of the most watched of the season. |
| 1:47.8 | Within the first minute, Williamson moved right, then spun quickly left and landed hard on his left foot. |
| 1:54.6 | The sole of his shoe tore away from the fabric and his foot went straight through the shoe. |
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