Who's to Blame for Nike's Problems? Also Sneaker Companies Partnering with Gambling Companies

In this episode, I talk about layoffs at Nike, their stock at a 10-year low, and who's to blame for their problems? What's going on at Complex and Sneaker Media companies? I also take a look at sneaker companies getting into bed with gambling / prediction markets. Plus a lot more!Timestamps00:00 - Intro03:52 - On Feet05:01 - Pickups10:18 - Misses13:06 - Sockjig Sneaker Media Insider13:30 - What's Going on at Complex?17:40 - Sneaker Gambling: StockX and Kalshi21:58 - Sneaker Gambling: Complex Bets23:27 - RIP Sole Collector24:30 - Place Your Bet on Who Wins Sneaker of the Year27:01 - Alleged Rug Puller and Gimmick Infringer Sneaker News Has an Ugly Bape Collab36:58 - Who's to Blame for Nike's Problems?41:33 - Nike Stock at 10 Year Low42:39 - Brian Windhorst, Signature Athletes and Media Literacy44:59 - Bad Leadership, Poor Corporate Strategy46:05 - DTC Opened the Door for Competitors49:32 - Nike Lost the Chinese Consumer51:35 - What are the Defining Products of the Elliott Hill Era?