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Insider Retail: Nike's tech playBarry's Bootcamp 101Mschf's endgame

Published by Business Insider on Thu, 01 Apr 2021

<bi-shortcode id="summary-shortcode" data-type="summary-shortcode" class="mceNonEditable" contenteditable="false">Summary List Placement</bi-shortcode><p>Happy Thursday. Welcome to another edition of Insider Retail. If this was forwarded to you, <a href="http://newsletter.businessinsider.com/join/4np/insider-retail">sign up here</a>. See more of <a href="https://www.businessinsider.com/subscription/newsletter">our newsletters here</a>.</p><p>It's April Fools' Daybut let us assure you that this newsletter is no joke (unlike <a href="https://www.businessinsider.com/vw-volkswagen-name-change-voltswagen-april-fools-prank-2021-3">Volkswagen's "Voltswagen" prank</a> gone awry). Today we're looking at the changes at Nike, the Suez Canal blockage's impact, and so much more. Let's get to it.</p><hr><p><a href="https://www.businessinsider.com/inside-nike-restructure-layoffs-dtc-resale-digitalization-2021-3"><img src="https://static4.businessinsider.com/image/6064f684daf0f10018f995db-2400/GettyImages-127639464 copy.jpg" border="0" alt="John Donahoe Nike CEO cropped" data-mce-source="Marc Bryan-Brown/WireImage/Getty Images" data-mce-caption="John Donahoe attends the 2011 Women In The World Conference at The Hudson Theatre on March 11, 2011 in New York City."></a></p><p>Nike's new Silicon Valley CEO has <a href="https://www.businessinsider.com/inside-nike-restructure-layoffs-dtc-resale-digitalization-2021-3">big plans to transform</a> the shoe giant from a marketing-first company into a technology brand. But company insiders tell us that mass layoffs and team restructuring are creating internal turmoil.&nbsp;</p><p><strong><a href="https://www.businessinsider.com/inside-nike-restructure-layoffs-dtc-resale-digitalization-2021-3">Inside Nike's big changes.</a></strong></p><hr><p><a href="https://www.businessinsider.com/suez-canal-reopened-supply-chain-issues-shipping-delays-experts-2021-3"><img src="https://static5.businessinsider.com/image/606338c3c9d73b00186e922b-2400/AP21083299768699.jpg" border="0" alt="AP21083299768699" data-mce-source="Suez Canal Authority/ASSOCIATED PRESS" data-mce-caption="The tanker is blocking the Suez Canal."></a></p><p>The Suez Canal <a href="https://www.businessinsider.com/suez-canal-reopened-supply-chain-issues-shipping-delays-experts-2021-3">has reopened</a> after a hulking cargo ship was unmooredand experts warn the impact will be seen on the supply chain for months to come.</p><p><strong><a href="https://www.businessinsider.com/suez-canal-reopened-supply-chain-issues-shipping-delays-experts-2021-3">We have the details here.</a></strong></p><hr><p><a href="https://www.businessinsider.com/barrys-bootcamp-ceo-reveals-how-the-company-beat-pandemic-slump-2021-3"><img src="https://static3.businessinsider.com/image/6064f6f76183e10019819a51-1920/Barry's_Outdoors.JPG" border="0" alt="Barry's_Outdoors.JPG" data-mce-source="Barry's Bootcamp"></a></p><p>Barry's Bootcamp <a href="https://www.businessinsider.com/barrys-bootcamp-ceo-reveals-how-the-company-beat-pandemic-slump-2021-3">had to innovate quickly</a> after the pandemic forced it to close all 75 of its studios. Now, it's developing a new app and going all in on digital fitness for the first time.</p><p><strong><a href="https://www.businessinsider.com/barrys-bootcamp-ceo-reveals-how-the-company-beat-pandemic-slump-2021-3">The scoop from the Barry's Bootcamp CEO.</a></strong></p><hr><p><a href="https://www.businessinsider.com/hu-chocolate-founder-starts-humanco-and-288-million-spac-2021-3"><img src="https://static4.businessinsider.com/image/6064f9e76183e10019819a58-2400/SnowDays8040_V2.jpg" border="0" alt="SnowDays HumanCo" data-mce-source="HumanCo" data-mce-caption="SnowDays pizza bites from HumanCo"></a></p><p>An entrepreneur <a href="https://www.businessinsider.com/hu-chocolate-founder-starts-humanco-and-288-million-spac-2021-3">sold his chocolate company</a> to the maker of Oreos for $340 million. Now he wants to help new healthy snack foods get on store shelves with $288 million in SPAC funding.</p><p><strong><a href="https://www.businessinsider.com/hu-chocolate-founder-starts-humanco-and-288-million-spac-2021-3">Here's his plan.</a></strong></p><hr><p><a href="https://www.businessinsider.com/the-lil-nas-xs-satan-shoes-mschf-nike-lawsuit-help-2021-3"><img src="https://static5.businessinsider.com/image/6064fa336183e10019819a5a-2400/625A1517_.jpg" border="0" alt="Lil Nas X Satan shoes" data-mce-source="MSCHF"></a></p><p>Getting sued by Nike for its <a href="https://www.businessinsider.com/the-lil-nas-xs-satan-shoes-mschf-nike-lawsuit-help-2021-3">Lil Nas X Satan blood sneaker</a> might just be the best thing to happen to Mschf, the Brooklyn art collective that sells memelike products in drop-style launches.</p><p><strong><a href="https://www.businessinsider.com/the-lil-nas-xs-satan-shoes-mschf-nike-lawsuit-help-2021-3">Why it's the ultimate endgame.</a></strong></p><hr><p><u><strong>Plus...</strong></u></p><ul><li aria-level="1">COVID-19 vaccines and stimulus checks <a href="https://www.businessinsider.com/macys-business-grew-stimulus-vaccines-2021-3">have been good for Macy's.</a></li><li aria-level="1">H&amp;M pledged commitment to China after its <a href="https://www.businessinsider.com/hm-china-internet-boycott-uyghurs-2021-3">web presence was scrubbed in the country.</a></li><li aria-level="1">Pizza tech startup Slice is <a href="https://www.businessinsider.com/pizza-startup-slice-adds-pos-and-slice-rewards-after-85-million-in-funding-2021-3">helping independent pizzerias beat Domino's.</a></li></ul><p><a href="https://www.businessinsider.com/insider-retail-newsletter-nike-barrys-bootcamp-mschf-2021-3#comments">Join the conversation about this story &#187;</a></p> <p>NOW WATCH: <a href="https://www.businessinsider.com/worlds-most-expensive-liquid-thoroughbred-horse-semen-2020-3">Why thoroughbred horse semen is the world's most expensive liquid</a></p>
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