Nike’s Controversial Kaepernick Ad Wins Kanye West’s Approval

After a tense week, where Nike lost $4.2 billion from its market capitalization after releasing a new ad campaign featuring the controversial football quarterback-turned-activist Colin Kaepernick, the company’s share price has mostly recovered. Adidas giving me a voice and Nike giving Colin voice on a big business level makes the world a more advanced place. “I stand for giving everyone a voice,” he tweeted after market close today, referencing his own collaboration with Nike rival Adidas, which he designs top-of-the-line, limited-run Yeezy sneakers for. …read more

Source:: Yahoo Finance


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