When Nike released an ad featuring NFL player Colin Kaepernick, Twitter exploded with reactions. WSJ retail reporter Khadeeja Safdar breaks down #NikeBoycott, the impact it had on Nike's stock, and more. Photo Illustration: Heather Seidel/The Wall Street Journal (Originally published Sept. 17, 2018)Nike Inc. said it was “proud of its American heritage” and was committed to creating jobs in the U.S. after Arizona’s governor said he was withdrawing financial incentives the state had promised the sneaker giant to open a plant because of its decision to cancel a shoe with an early American flag. The company said Tuesday it had decided to stop distributing the shoe, which featured the Betsy Ross flag, “based on concerns that it could unintentionally offend and distract from the nation’s patriotic holiday.”...

Source: Wall Street Journal July 02, 2019 13:05 UTC