Can’t wait! I’ve said all along that Stuart is the one who should have had a spin off. It always made the most sense to me. Congrats!

We have no text or details from the White House on the deal (surprise!). Big question is whether the new 20% import tax is on top of existing tariffs. If so, the tariff rate on Nike shoes is now 33.6%, and Nike clothes are 38.8%.

Either way, it's a substantial hike on the cost of a lotta clothing.

And he just sent you a note, too. 😉