Three months ago I wrote a post about Foot Locker,
Foot Locker Is Stubborn
Foot Locker’s business model of serving as the middle man to sneaker manufacturer is total opposite to Nike’s future strategy of direct to consumer shoe seller.
More importantly, the digital commerce push has allowed Foot Locker to announcement of its first digital entry to mainland China, along with a presence in Hong Kong and Singapore.
The issue with the expansionary moves is that it’s expensive and will squeeze margins. The trade war tariffs may also hurt Foot Locker’s margins and impeded their expansion in China.
If price breaks to the upside,
Add your Scripsio!
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