The Nike ($NKE) all-time chart is basically Cristiano Ronaldo’s career performance curve.
Insane multi-decade rally, hit its absolute ATH right around 2021, and has been in a steep correction ever since.
Gravity always wins in the end.
@VolaTim Would you put ON in that category based on share price? Getting Henry and Mbappe on board is a big sign of intent in getting serious into football. However, adidas really is the dominant brand for a few years now
@BosnianGenius Won’t disagree because part of my family did prosper from trading with the serbs in that time, but imo the horror that followed is not worth it. We helped who we could when they were bombed, innocents i mean. It was a dark time for the entire region
@Fink_Money 100%. However, i think they will get away with it, probably with a huge slap on the wrist. Prem wouldn’t recover easiy from a scandal where they strip them of titles and/or relegate them and they know that. Calciopoli is a prime example of that
I explained that so many times also using Nike example. MCD is a derivative of condition of the bottom 90% of society.
If bottom 90% is dying (or being removed from the economy), yes MCD is a dying brand just like Nike.