News Formal

Nike is launching a shoe-subscription program for kids in a move to capitalize on a $10 billion market

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

The Nike Adventure Club subscription service will allow parents to pay a monthly fee in exchange for new kids' shoes multiple times a year.

Nike is launching a subscription program for kids' shoes this week, the company announced Monday. The Nike Adventure Club will allow parents to pay a monthly fee in exchange for new shoes multiple times a year. The kids' sneaker market is estimated to be worth an annual $10 billion, Reuters reported. Kids' feet are constantly growing. Now, Nike has a solution.

Nike is launching a subscription program for kids' shoes this week, the company announced Monday. The Nike Adventure Club will allow parents to pay a monthly fee in exchange for new shoes multiple times a year. The kids' sneaker market is estimated to be worth an annual $10 billion, Reuters reported. Kids' feet are constantly growing. Now, Nike has a solution.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Sergiev Posad .made Moscow

as tientzuo & gabeweisert said, everything can be a subscription business. justdoit

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nike aims sneaker subscriber scheme at $10 billion U.S. kids marketNike Inc will launch a new subscription service for kids sneakers this week that... Screw Nike! With that age group, perhaps a 'Build Your Own' kit would be more on brand. Where can i subscribe,i'm just in my forties.
Source: Reuters - 🏆 2. / 97 Read more »

Nike is entering the subscription business with a kids' sneaker clubParents enrolled in the Nike Adventure Club can order shoes for their kids ages 2 to 10 either on a quarterly, bimonthly or monthly basis, paying monthly fees of $20, $30 or $50, respectively. なんでもサブスクの時代になってきたな。
Source: CNBC - 🏆 12. / 72 Read more »

Nike aims sneaker subscriber scheme at $10 billion U.S. kids marketNike Inc will launch a new subscription service for kids sneakers this week that... Screw Nike! With that age group, perhaps a 'Build Your Own' kit would be more on brand. Where can i subscribe,i'm just in my forties.
Source: Reuters - 🏆 2. / 97 Read more »