Share prices for Nike Inc have plummeted this week following Kaepernick campaign
Nike revealed former San Francisco 49ers quarterback Colin Kaepernick was to be the face of its 30th anniversary of its ‘Just Do It’ campaign.
Political Commentator and Analyst Ryan Fournier Tweeted:
Just so I’m clear: These factory workers (which are 80% female) are making NIKE’s for 20 cents an hour and working 70 to 80 hours a week, so NIKE can profit enough to pay Colin Kaepernick millions to speak out against oppression and injustice?
Share prices for Nike Inc have plummeted this week after the sportswear brand used Colin Kaepernick for a controversial new ad campaign.
The company used an image of the football quarterback for a new “Just Do It” advertisement with a quote that read, “Believe in something. Even if it means sacrificing everything.”
Nike lost $3 billion in market value following the decision to hire cop-hater Colin Kaepernick.
And since when did Nike start pushing human rights and racial justice?
Just so I’m clear: These factory workers (which are 80% female) are making NIKE’s for 20 cents an hour and working 70 to 80 hours a week, so NIKE can profit enough to pay Colin Kaepernick millions to speak out against oppression and injustice? pic.twitter.com/8NqVVxrl9G
— Ryan Fournier (@RyanAFournier) September 5, 2018
Nike is well known for running sweatshop operations in third world countries to manufacture their products.
In fact if Nike reportedly sacrificed 1% from their advertising budget, wages could be doubled.
But instead they are paying cop-hating Marxist Colin Kaepernick to push their active wear and sneakers.
The company used an image of the football quarterback for a new “Just Do It” advertisement with a quote that read, “Believe in something.
Even if it means sacrificing everything.
”The ad prompted a huge backlash from American citizens, with the hashtag #BoyCottNike quickly going viral across social media.
The stock market reacted to the response to the campaign, with $3.75 billion quickly being wiped off Nike’s value as investors dumped their shares.