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In a curious turn of events, a single failure of a sportsman’s shoe has set back the Nike Air Max 270 Womens sportswear giant Nike by a whopping $1.1 billion in m-cap. How, you ask? Here’s all that happened:
In an NCAA basketball contest between Duke and North Carolina, Duke freshman Zion Williamson, a promising candidate in his sport, ripped open his shoes Nike Air Max TN Damen and suffered a knee sprain injury. His ripped Nike PG 2.5 shoes were immediately brought to notice by former US president, Barack Obama himself, who exclaimed that Williamson’s shoes broke. All that happened after is Nike’s nightmare.Along with the sports Nike Air Max Tavas Damen star who had to go out of the game because of the injury, Nike faced the brunt of his fall on the field, as its stock fell 89 cents to $$83.95, leading to a market cap erosion of $1.1 billion. The company had said that it is investigating the shoe mishap and Nike Air Max Command Womens wished Williamson a speedy recovery. It added that the event was an “isolated Nike Air Presto Mujer occurrence”.
However, the damage that the company incurred is unprecedented. People questioned the sturdiness of their own Nike pair on Twitter. A user said: “@Nike I’m afraid to wear my Nikes now that I know they explode,Nike’s M2K Tekno helped push Adidas Deerupt Mujer the “dad shoe” trend into the mainstream, and now the popular chunky silhouette has surfaced in a new combo of bone, olive, and orange. Seemingly a modified take on the popular Miami Hurricanes color palate, the shoe’s artful jumble of overlays and underlays mainly calls upon the aforementioned bone color for order, but the upper is also resplendent with bold orange and contrasting olive accents. A dark black gets in on the fun as well — appearing on the midfoot and towards the heel — while multiple Swoosh Nike Air VaporMax Womens graphics provide branding. The look is then completed by a chunky Air Monarch midsole, a style that’s cemented the Tekno’s place as the Monarch’s “cool cousin.” Check out these chunky Nike shoes below — and head over to Eastbay now if you’re looking to pick up a pair for $100 USD.The sneakers, called “Fi” for “Fit Intelligence,” are training shoes that can adapt to a wearer’s foot with the swipe of a module on top of the shoe’s tongue. A micromotor pulls a pair of blue cables that run through the sneaker, and tightness can be adjusted through a smartphone app or an Apple WatchThe Nike Air Force 1 Damen shoes are the successor to Puma’s first wirelessly connected self-lacing sneakers from 2016, the AutoDisc. They can be charged via a Qi wireless charging pad, and they last around five days. Like Nike’s self-lacing shoes, the Fi don’t have any tracking Adidas Stan Smith Womens capabilities to do things like log steps or measure calories burned, which is a bit of a disappointment. Even Puma’s (recently re-released) RS-Computer shoes from 1986 could record distance, time, and calories, but they came at the cost of a chunky heel.