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News
Nike tries to remake image
January 30, 1998: 6:18 p.m. ET

Athletic giant drops 'Just Do It' for a kinder, gentler, more attainable 'I Can'
From Correspondent Donald Van de Mark
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NEW YORK (CNNfn) - Nike this week threw itself into a major sports controversy, strongly endorsing disabled professional golfer Casey Martin in his battle to overturn the Professional Golf Association's "no cart" policy. Meanwhile, Nike is fighting an even bigger battle of its own -- trying to remake its image.
     logoWinning the sneaker wars just is not what it used to be. Nike is still winning, but sneaker sales have been so weak that Nike stock has lost almost half its value the past year.
     Nike has other battle scars, as its take-no-prisoners image may have backfired with consumers. This is why Nike is dumping its advertising slogan "Just Do It" for the softer, more supportive, "I Can."
     "I think it allows Nike to show a kinder, gentler face to the public," said Sue Rodin, president of Stars & Strategies. "'I can' is a much more inclusive, general, attainable slogan, if you will."
     Analysts say Nike was badly in need of an image make-over, as allegations of unfair treatment of Asian workers continue to dog the company.
     Nike is also a victim of its own success, facing the same kind of anti-bigness backlash that companies like Microsoft and AT&T often confront.
     "It's almost like these companies are suffering from 'It's lonely at the top syndrome' -- that being a number one brand, when you have such a large margin in terms of dominant market share, it's very difficult for consumers to have the sort of empathy that they might have with a number two or a number three brand," said Dottie Enrico, an advertising reporter for USA Today.
     Nike's new marketing strategy coincides with a fundamental broadening in its retail focus. With sneaker sales still in a slump, Nike is making a big push into selling sports apparel --and equipment. Back to top

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.