NKE | Short The Athletic Ecosystem | Inventory bloat = Athletic nuke. Nike is controlling the show, and no retailer or brand is safe. Short everything else now, buy Nike later.
Takeaway: Nike inventories = HUGE industry problem. Shorting UAA, SKX, ASO, PMMAF -- in addition to our existing shorts on ADDYY, HIBB, BGFV, FL, DKS.
