- 42,322
- 44,200
All you gotta do is stop buying resell, but....yea...we know.Some bull****, bout to start buying Vans.
Not really
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All you gotta do is stop buying resell, but....yea...we know.Some bull****, bout to start buying Vans.
Not really
This was never going to have much long term impact on stock price.
1 mil for all that?
damn thats a nice house may have to start looking at homes in Oregon lol
It was a personal card not company.
- let’s her son use a CC in her name
- discloses company to Nike in 2018
- uses house as a store room
- dad set up LLc for son
- son travels around to outlets buying sneakers on credit card(likely using employee discount as well)
thats what he was doing, checking out a bunch of small purchases on his bots. But the outlet **** his mom deff plugged him 100%They usually let you rock with smaller purchases. They get suspicious if you make consistent big purchases though
She oversaw SNKRS and her son hits on every release...
She started the business, kept funding it, and some people are still giving her the benefit of the doubt?
Still funny that Nike knew about it
There’s has to be a threshold for that tho. It’s not me thing to buy a couple of PS5s but it’s another to buy FULL INVENTORIES. Especially seeing how easily optics can effect a stock price. An investor sees a kid buy FSRs and think, “Damn Nike is over there printing money!”. Probably not going to happen but if someone actively pursues it, they might have something.Nah I don’t think it would. There’s nothing preventing an employee from buying a product. It’s in bad taste etc but they disclosed it to Nike. Music artists pad album sales all the time.
this is more akin to the president of Sony buying a bunch of PS5’s and selling them on eBay. Not illegal but in very poor taste because they are a commodity
1 mil for all that?
damn thats a nice house may have to start looking at homes in Oregon lol
probably one of the most succinct and reasonable takes on this issue.
The optics, especially like the post says the PERCEIVED complicity of Nike, are whats the most interesting to me.
An EXTREMELY high ranking executive at Nike (who apparently was in charge of SKNRS no less???) has been implicated as having a significant role as to how this reseller was able to operate. At this point personal cards, company cards, that splitting of hairs and argument around semantics kind of dont matter anymore at this point.
Before where Nike could literally ignore the issue, it seems like that as the story continues to grow especially at it gets more exposure in media and social media (along with more things coming to light which may or may not be true) thats not going to be the case here.
Need to book her under the queenpin (kingpin) statute. Lock her up.
Federal prison time. This up there with embezzlement.
Yeah cause Covid doesn’t existThey should do away with online orders...so these kids and homie from Champs that doesn't care about his life got to fight it out in lines for shoes every weekend.
Send both of our enemies into each other. Franklin Saint couldn't draw it up better.
Still funny that Nike knew about it