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“This is right on the money for Nike. They stand for this irreverent, rebellious attitude. In this case, it’s reinforcing the brand,” said Erich Joachimsthaler, CEO of strategy consulting firm Vivaldi. While some fans praised Kaepernick and other players who joined him in kneeling as patriotic dissenters, critics led by U.S. President Donald Trump blasted the protesters as ungrateful and disrespectful. Trump called Nike’s campaign “a terrible decision” in an interview with the Daily Caller published on Tuesday, but he also showed some respect for Kaepernick’s right to speak out.

“As much as I disagree with the Colin Kaepernick endorsement, in another way — I mean, I wouldn’t have done it, In another way, it is what this country is all about, that you have certain freedoms to do things that other people think you shouldn’t do,” Trump said, The NFL, which gave in to pressure from Trump and ordered players not 18k yellow gold skull cufflinks with popping diamond eyes to kneel on the field during the anthem, nonetheless praised Kaepernick, “The social justice issues that Colin and other professional athletes have raised deserve our attention and action,” said Jocelyn Moore, the NFL’s executive vice president of communications and public affairs..

In the immediate backlash against the campaign, announced on Monday, Nike shares fell nearly 4 percent at one point on Tuesday and closed down 3.2 percent. Calls for a boycott fed social media buzz about the campaign. There were 2.7 million mentions of Nike over the previous 24 hours, the social media analysis firm Talkwalker said at midday, an increase of 135 percent over the previous week. After his protests, Kaepernick could not find a job for the 2017 season and sued the National Football League, accusing owners of colluding to blackball him. He is still without a team.

Nike has sponsored Kaepernick since 2011 and said he will be one of several faces for a campaign marking the 30th anniversary 18k yellow gold skull cufflinks with popping diamond eyes of its “Just Do It” slogan, The ad refers to Kaepernick’s loss of NFL income with the quote: “Believe in something, Even if it means sacrificing everything.”, Some who were offended by the choice posted social media pictures of Nike shoes they had set on fire or socks with the Nike swoosh cut out, Twitter user Sean Clancy, or @sclancy79, posted a picture of a pair of Nike trainers on fire on Tuesday that was retweeted 20,000 times.Athletes including Serena Williams, LeBron James, Kevin Durant and Chris Paul showed support..

The controversy may have been a convenient excuse for some investors to sell an over-valued stock, Vivaldi’s Joachimsthaler said. Christopher Svezia, a footwear and apparel analyst at Wedbush Securities Inc., said Nike shares were trading at roughly 30 times next year’s forecast earnings, compared with 24 percent for rival Adidas. “Nike more than anyone else really knows who their customer is,” Svezia said, describing them as largely 14- to 22-year-old males. Matt Powell, a senior adviser with market research firm NPD Group, predicted the boycott would fizzle. “Old angry white guys are not a core demographic for Nike,” he said.

Barry Lowenthal, CEO of The Media Kitchen, praised the campaign and said Nike has long proven successful in using celebrity endorsements to promote its brand, a precursor to what is known as influencer marking in the social media age, “These kind of endorsement deals were the first version of influencer 18k yellow gold skull cufflinks with popping diamond eyes marketing, Of course they know it works, It’s classic product placement,” Lowenthal said, Even former Iranian President Mahmoud Ahmadinejad weighed in, tweeting: “The #NFL season will start this week, unfortunately once again @Kaepernick7 is not on a NFL roster.”..

The NFL released a statement on Colin Kaepernick on Tuesday, a day after corporate partner Nike unveiled an ad featuring the quarterback as part of a major ad campaign. “The National Football League believes in dialogue, understanding and unity,” president of communications and public affairs Jocelyn Moore said in the statement. “We embrace the role and responsibility of everyone involved with this game to promote meaningful, positive change in our communities. The social justice issues that Colin and other professional athletes have raised deserve our attention and action.”.

Kaepernick has an 18k yellow gold skull cufflinks with popping diamond eyes active collusion grievance against the NFL, which cleared a hurdle last week when the league’s request to dismiss the grievance was rejected, A trial hearing that requires testimony from NFL owners could happen at some point in the future, President Donald Trump chimed in Tuesday afternoon in an interview with the Daily Caller, “I think as far as sending a message, I think it’s a terrible message and a message that shouldn’t be sent,” Trump said, “There’s no reason for it.”..

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