1996 Long-Term Incentive Compensation Plan (“ LTIP”) for performance cycle VIII ( covering the 2004-2006 performance period), performance cycle IX (covering the 2005-2007 performance period) and performance cycle X (covering the 2006-2008 performance period) ( collectively, his or her “ Performance Shares”), under which payment would otherwise be expected to be made during the thirty- day period following the Effective Time, the amount (if any) set forth on Exhibit A hereto. Cinergy hereby agrees to pay to the Executive, prior to December 31, 2005, in connection with the performance share agreements, if any, that have been granted to him or her under the Cinergy Corp. Consumers who identified themselves as conservative opposed the company's decision while liberals supported it.LTIP Performance Shares a. Svezia's view is backed up by recent polling data from Harris which found that 29 percent of young men said they would buy Nike products in the future because of the Kaepernick spot, compared with 19 percent of consumers overall. "In the end, the net follower gains and possible record likes by Americans, as well as the company's consumer demographic, lead us to believe that the Kaepernick ad campaign was a positive for the brand and likely its sales," writes Svezia, who rates Nike "outperform." The Kaepernick ad could become the company's most-liked Instagram post, drawing a record number of comments, although many of those remarks were critical of the company. In a recent client note, Svezia pointed out that Nike gained around 170,000 followers on Instagram in the wake of the campaign. The Kaepernick campaign, however, is resonating with the company's core customer base, such as millennial and Generation Z men, "in a way that is authentic, culturally relevant, experiential and emotionally engaging," according to Wedbush Analyst Christopher Svezia. Subsequently, the quarterback claimed in a lawsuit that the NFL's 32 teams colluded to deny him a chance to play for another team. He opted out of his contract in 2017, although there were reports the San Francisco 49ers were preparing to cut him during the off-season. Kaepernick gained notoriety for kneeling during the national anthem to protest police shootings of unarmed African Americans. 4, nearly double the company's sales during the same period a year ago, according to Edison Trends, a digital commerce research company. Online sales of Nike gear jumped 31 percent from Sept.
Longer-term, Nike stock has surged 33 percent this year as Wall Street bet that the company would be able to ride out the negative publicity. Since Nike announced the campaign on Labor Day, shares are up about 4 percent. The company's stock rose slightly on Friday, closing at $83.49. Shares of Nike reached an all-time high Friday afternoon, rebounding from a recent dip spurred by concerns about consumer boycott after the athletic apparel maker signed a high-profile deal with former NFL quarterback Colin Kaepernick.
0 kommentar(er)
