• bitcoinBitcoin(BTC)$76,733.00-1.94%
  • ethereumEthereum(ETH)$2,288.72-3.10%
  • tetherTether(USDT)$1.00-0.03%
  • rippleXRP(XRP)$1.39-2.41%
  • binancecoinBNB(BNB)$622.95-1.64%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$84.55-2.62%
  • tronTRON(TRX)$0.3256720.45%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.041.65%
  • dogecoinDogecoin(DOGE)$0.097874-1.35%
  • whitebitWhiteBIT Coin(WBT)$54.27-2.10%
  • USDSUSDS(USDS)$1.00-0.01%
  • HyperliquidHyperliquid(HYPE)$41.720.18%
  • leo-tokenLEO Token(LEO)$10.340.51%
  • cardanoCardano(ADA)$0.245750-2.79%
  • bitcoin-cashBitcoin Cash(BCH)$448.43-0.95%
  • moneroMonero(XMR)$380.42-3.59%
  • chainlinkChainlink(LINK)$9.24-2.66%
  • zcashZcash(ZEC)$356.15-0.68%
  • CantonCanton(CC)$0.148255-1.45%
  • stellarStellar(XLM)$0.164817-3.52%
  • MemeCoreMemeCore(M)$3.94-9.24%
  • daiDai(DAI)$1.000.00%
  • USD1USD1(USD1)$1.00-0.01%
  • litecoinLitecoin(LTC)$55.30-1.56%
  • avalanche-2Avalanche(AVAX)$9.18-3.42%
  • hedera-hashgraphHedera(HBAR)$0.089794-3.40%
  • Ethena USDeEthena USDe(USDE)$1.00-0.02%
  • suiSui(SUI)$0.93-2.25%
  • shiba-inuShiba Inu(SHIB)$0.000006-1.77%
  • RainRain(RAIN)$0.007378-0.98%
  • paypal-usdPayPal USD(PYUSD)$1.000.02%
  • the-open-networkToncoin(TON)$1.29-0.80%
  • crypto-com-chainCronos(CRO)$0.069480-1.07%
  • Circle USYCCircle USYC(USYC)$1.120.00%
  • tether-goldTether Gold(XAUT)$4,673.16-0.70%
  • Global DollarGlobal Dollar(USDG)$1.000.00%
  • BittensorBittensor(TAO)$246.88-0.98%
  • World Liberty FinancialWorld Liberty Financial(WLFI)$0.072650-3.24%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • pax-goldPAX Gold(PAXG)$4,673.98-0.69%
  • mantleMantle(MNT)$0.63-3.38%
  • polkadotPolkadot(DOT)$1.22-3.81%
  • SkySky(SKY)$0.088004-0.73%
  • uniswapUniswap(UNI)$3.22-2.43%
  • Pi NetworkPi Network(PI)$0.182000-0.84%
  • Falcon USDFalcon USD(USDF)$1.000.01%
  • okbOKB(OKB)$83.51-1.29%
  • nearNEAR Protocol(NEAR)$1.35-2.57%
  • HTX DAOHTX DAO(HTX)$0.0000020.65%
TradePoint.io
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop
No Result
View All Result
TradePoint.io
No Result
View All Result

Nike’s John Donahoe backs Disney’s Bob Iger over Ron DeSantis

May 25, 2023
in Business
Reading Time: 16 mins read
A A
Nike’s John Donahoe backs Disney’s Bob Iger over Ron DeSantis
ShareShareShareShareShare

Nike’s top executive praised Disney CEO Bob Iger for his handling of the Mouse House’s ongoing war with Florida Gov. Ron DeSantis — just weeks after the apparel giant came under fire for its marketing partnership with transgender social media influencer Dylan Mulvaney.

“I think Bob’s doing a great job at this,” Nike CEO John Donahoe said of Iger on Monday.

YOU MAY ALSO LIKE

United Airlines ends pursuit of rival American after merger approach rebuffed

$2.67B Blue Cross Blue Shield settlement to finally start payouts soon – here’s how to know if you’re eligible

Days before Mulvaney began promoting Bud Light to her millions of followers on TikTok and Instagram, she also posted images of her wearing Nike sports bras.

The Nike partnership also sparked boycott calls.

But Donahoe told CNBC that Nike will adhere to its track record of promoting racial and social justice causes.

When asked by CNBC if he was worried that DeSantis would come after other “woke” corporations such as Nike if the Republican governor manages to get elected president next year, Donahoe said companies should “stand up for your values.”

“If it’s core to who you are and your values, then no, you stand up for your values,” Donahoe said during the CNBC CEO Council Summit in Santa Barbara, Calif.

“If it’s commenting on some political issue that’s in someone else’s backyard, then we may have that personal feeling, but we don’t comment on it with our brand and publicly.” 


Nike has also been the subject of boycott calls over its partnership with transgender social media influencer Dylan Mulvaney.
Dylan Mulvaney/Instagram

“I think Bob’s doing a great job at this,” Nike CEO John Donahoe said of Iger on Monday.
“I think Bob’s doing a great job at this,” Nike CEO John Donahoe said of Iger on Monday.
Getty Images

Disney has sued DeSantis, accusing the Florida governor of violating the company’s First Amendment rights by stripping the Mouse House of its semi-autonomous status in response to its opposition to the law dubbed by critics as “Don’t Say Gay.”

Earlier this month, Iger slammed DeSantis for his takeover and dissolution of the Reedy Creek Improvement District, the Disney-dominated tax district that gave the company control over the land on which its theme parks are built.

“This is about one thing and one thing only: them retaliating against us,” Iger said.


Disney CEO Robert Iger was praised by his counterpart at Nike for his handling of the company's feud with Florida Gov. Ron DeSantis.
Disney CEO Robert Iger was praised by his counterpart at Nike for his handling of the company’s feud with Florida Gov. Ron DeSantis.
AFP via Getty Images

Iger has accused DeSantis and his GOP allies of retaliating against the company for its political positions.
Iger has accused DeSantis and his GOP allies of retaliating against the company for its political positions.
Getty Images

Nike inked an endorsement deal with Colin Kaepernick, the controversial former San Francisco 49ers quarterback who led the national anthem kneeling protests that roiled the NFL in 2016.

The sneaker giant has also entered into partnership with Lacey Baker, the first openly queer woman to join Nike’s skateboarding team.

Donahoe said that Nike’s strategy is to appeal to its “core consumer” in “urban black and brown communities.”

“And so, we listen to our athletes and to our consumer about what they care about and they care about racial and social justice and so we view that as core to who we are, core to our identity…so it gives us a little more courage to speak out,” he said.


DeSantis, who declared his candidacy for president on Wednesday, has lashed out at "woke" Disney.
DeSantis, who declared his candidacy for president on Wednesday, has lashed out at “woke” Disney.
Ron DeSantis

Nike CEO John Donahoe praised Iger during a conference hosted by CNBC on Monday.
Nike CEO John Donahoe praised Iger during a conference hosted by CNBC on Monday.
REUTERS

Disney, Anheuser-Busch, and Target are among the companies that have recently paid a price for running afoul of GOP-leaning consumers.

Disney’s ongoing feud with DeSantis has caused the Mouse House to plummet in a key gauge that measures the reputation of the most visible brands in America.

The Post has sought comment from DeSantis.

The Florida governor on Wednesday declared his candidacy for the GOP nomination for president in 2024.

Mulvaney’s social media posts touting Bud Light triggered outrage among conservatives who began calling for a boycott of the Anheuser-Busch brand.

Target has lost $9 billion in market value since angry social media users called for a boycott of the Minneapolis-based retailer over its rollout of the “PRIDE” collection featuring LGBTQ-friendly clothing for children.

Bud Light has seen its sales drop for some six consecutive weeks — down 25% versus a year ago in the most recent week — since boycott calls erupted in response to its controversial marketing campaign with Mulvaney.

Credit: Source link

ShareTweetSendSharePin

Related Posts

United Airlines ends pursuit of rival American after merger approach rebuffed
Business

United Airlines ends pursuit of rival American after merger approach rebuffed

April 27, 2026
.67B Blue Cross Blue Shield settlement to finally start payouts soon – here’s how to know if you’re eligible
Business

$2.67B Blue Cross Blue Shield settlement to finally start payouts soon – here’s how to know if you’re eligible

April 27, 2026
How US investors should think about tariffs as Trump braces for a fresh round of haggling
Business

How US investors should think about tariffs as Trump braces for a fresh round of haggling

April 27, 2026
Elon Musk and OpenAI CEO Sam Altman head to court in high-stakes showdown over AI
Business

Elon Musk and OpenAI CEO Sam Altman head to court in high-stakes showdown over AI

April 27, 2026
Next Post
Pepsico Reports Earnings on Thursday; Here’s What Jim Cramer Expects

Pepsico Reports Earnings on Thursday; Here's What Jim Cramer Expects

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
SpaceX and Cursor strike partnership that might end in a  billion acquisition

SpaceX and Cursor strike partnership that might end in a $60 billion acquisition

April 21, 2026
My Wife’s Spending Scares Me

My Wife’s Spending Scares Me

April 23, 2026
Why Trump Wants to Close The Strait of Hormuz and the Fight with Pope Leo XIV – April 13

Why Trump Wants to Close The Strait of Hormuz and the Fight with Pope Leo XIV – April 13

April 25, 2026

About

Learn more

Our Services

Legal

Privacy Policy

Terms of Use

Bloggers

Learn more

Article Links

Contact

Advertise

Ask us anything

©2020- TradePoint.io - All rights reserved!

Tradepoint.io, being just a publishing and technology platform, is not a registered broker-dealer or investment adviser. So we do not provide investment advice. Rather, brokerage services are provided to clients of Tradepoint.io by independent SEC-registered broker-dealers and members of FINRA/SIPC. Every form of investing carries some risk and past performance is not a guarantee of future results. “Tradepoint.io“, “Instant Investing” and “My Trading Tools” are registered trademarks of Apperbuild, LLC.

This website is operated by Apperbuild, LLC. We have no link to any brokerage firm and we do not provide investment advice. Every information and resource we provide is solely for the education of our readers. © 2020 Apperbuild, LLC. All rights reserved.

No Result
View All Result
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop

© 2023 - TradePoint.io - All Rights Reserved!