US president Donald Trump has criticised Nike Inc for its new advertising campaign featuring Colin Kaepernick, the NFL quarterback who sparked controversy by kneeling during the national anthem.
Trump, without offering evidence, said in a post on Twitter on Wednesday that the sportswear company was "getting absolutely killed with anger and boycotts". He also continued to blast National Football League players for their protests over racial and social injustice. Representatives for Nike could not be immediately reached for comment on Trump's tweet.
Shares of the company were up less than 1 per cent in midmorning trade on Wednesday; the stock had dropped nearly 4 per cent at one point on Tuesday. The footwear and apparel maker’s campaign this week further stoked a national debate over social justice that Kaepernick and other NFL players sparked with their protests aimed at addressing police brutality against minorities, racial injustice, and reforming the criminal justice system.
Political cause
Trump has embraced the issue as a political cause, frequently criticising players for taking a knee at games and questioning their patriotism. Critics have defended their protests as a fundamental American right to free speech. On Tuesday, Trump criticised Nike’s decision but also appeared to defend the right for such movements. Marketing experts predicted that the brand recognition sparked by the ads would be successful in the long run, despite current calls for boycotts on social media. NFL players and the league are continuing to negotiate over the issue of protests.
(Writing by Susan Heavey; Editing by Bernadette Baum)
