THE FINANCE GHOST: Why Foot Locker remains a no-moat business

📆 29/08/2022 05:23:00
📰 FinancialMail

⏱ Reading Time:
22 sec. here
2 min. at publisher
📊 Quality Score:
News: 12%
Publisher: 63%

Brasil Notícia Notícia

This temple to sneakers is increasingly menaced by players like Nike, who want to own each aspect of a shoe sale. But the company is digging in, writes FinanceGhost.

As the world’s best consumer brands focus on direct-to-consumer strategies, a Foot Locker-style business model looks increasingly like a dinosaur. This “house of brands” is a typical sneaker and apparel store that pits Nike against adidas and New Balance on the shelves. It even sells Crocs, a company whose success remains an absolute mystery to me.

Groups such as Nike don’t want you to shop at a “house of brands” — they want you to shop for Nike products only, without being tempted by a competitor’s offering. Nike prefers you to buy shoes online or on an app, so it can learn more about you and give you special offers. By capturing the wholesale and retail margin, Nike maximises profits on each sale and can give some of those back as loyalty discounts and the like...

Escrever Comentário

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

PHANTOM SHARES: The Finance Ghost: Mining, mining everywhere – and lots of cash for some, but dry news for othersInvestors in the mining and resources sector have been kept extremely busy recently, as were investment analysts who couldn’t have had much sleep. This is a whirlwind summary of the biggest releases.
Fonte: dailymaverick - 🏆 3. / 84 Consulte Mais informação »