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...
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THE FINANCE GHOST: Why Foot Locker remains a no-moat businessThis 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. FinanceGhost l have no idea on Bitcoin but I'm currently earning R67,458.67 weekly with R15,000 start up Capital, I'm happy to invest with Gabriel_FOS1 i just pulled out my profit,i highly recommend her to those interested Gabriel_FOS1 FinanceGhost You're indeed a great woman,I never expected this from you,i assure you that I will bring more clients to your crypto company because of what you've done in my life,I promise to let the word know about you. Your work speaks volumes of the kind of a woman you are GregoryLillian5
Source: FinancialMail - 🏆 20. / 63 Read more »
THE FINANCE GHOST: Why Foot Locker remains a no-moat businessThis 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. FinanceGhost l have no idea on Bitcoin but I'm currently earning R67,458.67 weekly with R15,000 start up Capital, I'm happy to invest with Gabriel_FOS1 i just pulled out my profit,i highly recommend her to those interested Gabriel_FOS1 FinanceGhost You're indeed a great woman,I never expected this from you,i assure you that I will bring more clients to your crypto company because of what you've done in my life,I promise to let the word know about you. Your work speaks volumes of the kind of a woman you are GregoryLillian5
Source: FinancialMail - 🏆 20. / 63 Read more »