How hard is it to buy Nikes right now?
Nike had less than stellar news for sneakerheads in its earnings call on Sept. 23. Executives said the company continues to experience supply chain disruptions due to factory closures in southeast Asia and shipping delays, meaning sales during the holiday season and in the spring will be lower than originally anticipated. Matt Friend, Nike’s chief financial officer, said in the earnings call (pdf)the company was “not immune to the global supply chain headwinds” challenging manufacturers around the world.
