Nike Revives Athletic Roots, Reclaims Runner Market Share - Episode Hero Image

Nike Revives Athletic Roots, Reclaims Runner Market Share

Original Title:

Resources

Resources & Recommendations

People Mentioned

  • Inti Pacheco (Colleague at The Journal) - Flew to Nike's headquarters and interviewed CEO Elliot Hill.
  • Elliot Hill (CEO of Nike) - Discussed his career trajectory at Nike and his plans for the company's turnaround.
  • LeBron James (Basketball Player) - Nike has a building named after him, and his recorded voice is used in its elevators.

Organizations & Institutions

  • Macy's - A brick-and-mortar retailer that Nike broke ties with to focus on e-commerce.
  • DSW - Another brick-and-mortar retailer that Nike broke ties with.
  • Foot Locker - A retailer Nike is re-establishing its relationship with, after previously reducing sales to them.
  • Amazon - A major online retailer that Nike is focusing on for re-establishing its retail relationships.
  • US Bank - Mentioned as a partner in a sponsored segment, offering checking and savings accounts.
  • T-Mobile for Business - Mentioned in a sponsored segment for its "Connected Workplace" solution.
  • The Wall Street Journal - Co-produces "The Journal" podcast.

Products & Brands Mentioned

  • Nike Air Jordans - A retro shoe line from Nike that was overproduced, leading to declining interest.
  • Nike Dunks - Another retro shoe line, specifically the "Panda Dunk" colorway, that became extremely popular but then oversaturated the market.
  • Hoka - A shoe company that gained market share by focusing on running shoes with thick midsoles.
  • On - Another shoe company that grew by offering running shoes with thick midsoles, competing with Nike.
  • ASICS - A shoe company mentioned as gaining market share in a fragmented market.
  • New Balance - A shoe company mentioned as gaining market share in a fragmented market.
  • Vomero Premium - A new running shoe from Nike's innovation lab, featuring a thick 2-inch midsole, designed for comfort and developed in a shorter timeframe.

Other Resources

  • Nike's NSLR (Sports Research Lab) - Located in the LeBron James Building, this is Nike's advanced R&D center where engineers, scientists, and designers work on new solutions for athletes.
  • Knee bike for your feet - A conceptual device from Nike's innovation lab, described as a motor that attaches to a specific shoe to push the feet and aid mobility.
  • Nike Mind - A new technology from Nike's innovation lab involving special bumps inside a shoe designed to massage the feet and promote relaxation and focus for athletes.

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