Analyst Says Nike Will No Longer Sell to Some Stores
Footwearnews.com says Nike is cutting ties with DSW, Urban Outfitters, Shoe Show and more retailers as it doubles down on its Consumer Direct offense strategy, according to analyst Sam Poser.
Poser, an analyst at Williams Trading, said that the Swoosh also is dropping Big Five Sporting Goods, Dunham’s Sports and Olympia Sports. It will no longer sell apparel to Macy’s, the analyst said, but the footwear relationship with Macy’s (via its Finish Line partnership....