This is the opposite of Occam’s razor. Find the most absurd and far fetched explanation for what’s going on.
This is the opposite of Occams razor. Find the most absurd and far fetched explanation for whats going on.
Agreed. Tariffs are definitely bad for Nike, Apple, and Levis, but alienating a large part of your US consumers as a sort of “tribute” to America’s (and Trump’s) enemies doesn’t make it any easier to sell in the US.
Who cares if China cuts you a break on manufacturing costs? If you’re selling to far fewer US consumers, it still is a loss for both China and Nike.
Nike and Levis simply made poor decisions based on a faulty media-supported view of the US. They really need to get out of their echo chambers and do their own, objective market research.