That has always been the case. Nike is notorious for using overseas sweat shops where children work their fingers to the bone for $0.50 an hour. It probably costs Nike a couple bucks to make a $200 shoe, if that. But they spend billions on advertising, celebrity endorsements, political bribes contributions, and yachts, so it’s not all profit.
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They will probably be overpriced compared to manufacturing costs, just like Crocs.
That has always been the case. Nike is notorious for using overseas sweat shops where children work their fingers to the bone for $0.50 an hour. It probably costs Nike a couple bucks to make a $200 shoe, if that. But they spend billions on advertising, celebrity endorsements, political
bribescontributions, and yachts, so it’s not all profit.mfg cost is nothing compared to marketing and shipping and retail channel and design and lawyers and engineering and accounting etc