Nike CEO Mark Parker Promises "Cheaper" Shoes In 2019

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Sneakerheads world wide rejoice. Nike is seeking to carry the noise in 2019 and a part of that noise is cheaper, extra reasonably priced sneakers. According to Business Insider, Nike CEO Mark Parker hopped on an earnings name Thursday and defined how he hopes to carry extra “reasonably priced” sneakers to shoppers.

The announcement comes after Nike boosted its gross sales within the second quarter by 10%. Parker defined how basic Nike fashions that individuals already love, just like the Air Max and React will see cheaper fashions. He added that new silhouettes will likely be created at these extra reasonably priced worth factors.

Nike CEO Mark Parker Promises "Cheaper" Shoes In 2019

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“As we broaden platforms throughout classes, we’re additionally broadening them throughout worth factors to carry them to extra individuals,” Parker defined. “We see larger alternatives for reasonably priced footwear from Nike proper now.”

For now, it appears as if these extra reasonably priced sneakers will likely be coming to North America. Although Parker did clarify that if the abroad market exhibits a need for these sneakers, they’ll carry them the world over. 

Parker additionally mentioned Nike plans to launch a Yoga clothes line for males which can compete with the likes of Lululemon. 

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