Our Gold Guy
No Result
View All Result
Tuesday, March 28, 2023
  • Home
  • Finance
  • Business
  • Economy
  • Politics
  • Contact Us
Our Gold Guy
  • Home
  • Finance
  • Business
  • Economy
  • Politics
  • Contact Us
No Result
View All Result
Our Gold Guy
No Result
View All Result
Home Business

Nike Abandons American Roots as CEO Declares They Are ‘a Brand of China and for China’

by The Liberty Daily
June 27, 2021
in Business
Nike Abandons American Roots as CEO Declares They Are 'a Brand of China and for China'

It wouldn’t be fair to say Nike CEO John Donahoe hates America. He just loves China a whole lot more. He declared as much during an earnings call when he told everyone “we are a brand of China and for China” while touting how big they were in the Communist nation.

“We are the largest sport brand there, and we are a brand of China and for China,” Donahoe said. “And the biggest asset we have in China is the consumer equity. Consumers feel a strong, deep connection to the NIKE, Jordan and Converse brands in China. And it’s real.”

The statement came after pressure from Beijing to walk back comments made by Nike Corporate about the Uyghur crisis. The statement was resurfaced as many nations engaged sanctions over kidnapping, torture, and murder by the government in the region. According to Fox Business:

Nike recently came under fire in China for a comment it made raising concerns about forced labor practices in the Xinjiang Uyghur Autonomous Region (XUAR). It reassured customers that it does not source textiles or products from the region, like cotton.

After the U.S. and other Western countries responded to the forced labor allegations with sanctions, its statement was resurfaced and resulted in calls among Chinese consumers to boycott the brand – as well as others like H&M.

IRA BERSHATSKY LOVES AMERICA – Most precious metals companies are run by wokesters. Ira’s is not. He is unabashedly AMERICA FIRST and can help you move wealth or retirement to physical precious metals with a gold or silver IRA, or just get metals discreetly shipped to your door. Contact him now.

The practices of the Chinese government should make Americans rethink doing business with companies that are beholden to Beijing. It isn’t just the humanitarian crisis that everyone knows about but that the Chinese Communist Party continues to deny. It’s also the fact that when we buy from companies like Nike, we’re perpetuating the type of anti-American sentiment held by people like Donahoe.

Despite the lockdowns, business is booming for Nike who just hit their highest ever stock price on Friday. Much of this can be attributed to the earnings call when Donahue noted how much sales have increased both in China and the United States. According to CNBC:

“In Greater China, sales were up just 17% at $1.93 billion. … Management said Thursday that Nike is seeing improvement in China sequentially month by month,” CNBC reported.

Likewise, the company’s earnings in the U.S. also spiked.

“In North America, Nike’s biggest market, sales more than doubled to a record $5.38 billion as the company surged from a year earlier when the Covid pandemic was hitting the retail industry the hardest. The region’s sales were up 29% on a two-year basis,” according to CNBC.

This is one of dozens of valid reasons for those of us who love America to stop doing business with such “woke companies. Nike bows to China only because they think they have American business locked up. We need to show them otherwise.

The Biden Regime and Globalists Don’t Want You Owning Precious Metals

Look around. Things aren’t the way they should be. Between Pandemic Panic Theater, Ukraine, food shortages, and a push for Central Bank Digital Currencies, everything you’ve spent your life building and protecting is in jeopardy.

Precious metals are historically the most reliable and safest hedge against economic turmoil. With the Biden regime and globalists enhancing the chaos, it’s important for patriotic Americans to take control of their financial future.

Ira Bershatsky offers consultations to those who want to invest in precious metals. During these consultations, he will match your current financial situation with the best physical precious metal purchases whether you want to rollover your IRA or have coins discreetly shipped to your home. You will not talk to a telemarketer or sales rep. You will talk to a true expert in precious metals with decades of experience helping people protect and advance their wealth.

Fill out the form here and we will schedule a precious metals consultation with Our Gold Guy, Ira.

Schedule a Precious Metals Consultation Today:

Tags: BusinessChinaJohn DonahoeNikeTop StoryUyghursWoke


Learn more about RevenueStripe...

Bypass Big Tech Censors



Our Gold Guy



MyPatriotSupply


The Fed

The Moral Hazard Emerging From the Fed’s Response to the Failures of Silicon Valley Bank and Signature Bank

March 28, 2023
Data of 14 Million Customers Stolen in Cyber Attack

Data of 14 Million Customers Stolen in Cyber Attack

March 28, 2023
Apple

Check Out This BIG List of “Woke” Companies to Boycott

March 27, 2023

Recent News

The Fed

The Moral Hazard Emerging From the Fed’s Response to the Failures of Silicon Valley Bank and Signature Bank

March 28, 2023

Search

No Result
View All Result

Site Navigation

  • Home
  • Contact Us
  • Finance
  • Business
  • Economy
  • Politics

About Our Gold Guy

This site is dedicated to helping Americans learn more about the economy, business, and politics. Our nation is in turmoil on all three fronts. We want to make a difference.

© 2021 NOQ Report

No Result
View All Result
  • Contact Us
  • Finance
  • Business
  • Economy
  • Politics
  • Contact Us

© 2021 NOQ Report

Session expired

Please log in again. The login page will open in a new tab. After logging in you can close it and return to this page.

>