Nobody is unknown to the giant. Nike is not just a sports apparel-making company anymore but a multimillion-dollar brand
Nike has remained an OG in the sneaker industry and outgrown most of its competitors. It undoubtedly remains every sneakerhead’s favorite.Â
Let us learn some news that is cooking inside and around Nike:Â
- Nike is about to release its third quarter fiscal 2022 reports which are keeping the analysts giving diverse opinions lately. While most of them have a lot of hope about the brand’s stocks hiking in the favor of the stockholders, few are still questioning the overall growth.Â
The doubtful ones claim that while the stocks have seen a fair growth over the first two quarters, the fact that investment in Nike stocks might still not be the best in the market. The analysts are saying that even if Nike stockholders will see a handsome increase in revenue, the entire situation is much more superficial than deep. Â
This is because the selling rate of Nike stocks still don’t seem to reach its deserved value even after a noticeable increase in sale because of the growing consumer interest that the company has seen any time in the past.Â
They blame this nonalignment on the COVID-19 pandemic mostly and the supply chain delay that followed. All this keeps the analysts questioning whether or not investing in Nike at this point is a dividend dig.Â
- The SB Dunk and Dunk lines of Nike sneakers are considered to be one of the most popular and promising when it comes to revenue return racing along with Air Max, Air Jordan 1, and Nike Blazer.
It is reported that the SB Dunk line from Nike is about to collaborate with Jarritos, a famous Mexican soft drink brand. The collaboration is yet to be announced by both companies. The collaboration is rumored to be released next year.Â
- One of the most talked about releases of Nike is their yet-to-be-released ‘Deep Royal Blue’ colorway from the SB Dunk low premium sneaker range. Nike announced the sneaker’s release on the 1st of October on its official SNKRS website.
This particular release is said to be inspired by Los Angeles Dodgers, the Baseball team, and Major League Baseball franchise in Los Angeles, California, United States.Â
The ‘Deep Royal Blue’ SB Dunk Low Premium is interesting because it is inspired by a baseball team while it is a skateboarding sneaker range itself. There is absolutely no reason why anyone wouldn’t have their eye on this exotic-looking pair of sneakers.Â
- The next celebrated collab is Nike x, LeBron James!Â
This is especially for all the LeBron James fans out there who cannot hold their excitement ever since the collab was announced. LeBron Raymone James Sr. is an American professional basketball player for the Los Angeles Lakers of the National Basketball Association Â
He is one of the biggest players in NBA history and this year marks his 20 years in the game. To celebrate our beloved player’s legacy, Nike has collaborated with the basketball legend himself with its upcoming sneaker line ‘LeBron XX’.Â
‘LeBron XX’ marks LeBron James’s 20 years in basketball. The sneakers are having their release very soon. It comes in 20 colorways. Nike has released images of a few of the colorways already. The ‘LeBron XX’ has to be Nike’s most important athlete collab after Michael Jordan.Â
- Nike Air Force 1 Low is coming up with a new colorway inspired by its sister line Nike Dunk Low. Nike Air Force 1 is celebrating its 40 years of success, releasing many new colorways.
Recently it announced the Nike Air Force 1 Low ‘Retro‘ which will be coming in all black and white inspired by Nike Dunk Low’s ‘Panda’ model. While Nike always has something new to offer, the brand knows a good black and white is a classic and never goes out of style.Â
- The recent controversy was fired when a woman from Washington pleaded guilty of sex trafficking a kid from her own family for Nike running shoes.Â
We have to give it to the sports-gear-making brand for always staying creative and relatable across the years. Nike has to be one of the most timeless brands that exist.Â