|Bid||77.92 x 1400|
|Ask||77.93 x 1100|
|Day's range||77.31 - 78.10|
|52-week range||50.35 - 81.00|
|PE ratio (TTM)||71.94|
|Earnings date||24 Sep 2018 - 28 Sep 2018|
|Forward dividend & yield||0.80 (1.05%)|
|1y target est||81.02|
In a World Cup brimming with upsets, Nike looks on track to defeat archrival Adidas in the closely watched jersey sponsorship battle. Jane Lanhee Lee reports
France's president visited a nightclub founded by legendary Nigerian Afrobeat star Fela Kuti and announced the launch of an initiative called "Seasons of African Cultures 2020."
Shares in Uniqlo-owner Fast Retailing jumped almost 6 per cent on Friday after the company’s third-quarter operating profit beat estimates. Fast Retailing’s operating profit climbed 37 per cent to ¥68.4bn ($607m) in the three months through the end of May compared to a year earlier. Fast Retailing is working to expand its international reach in a self-described bid to become the “world’s number one apparel retailer”.
The term "fast fashion" is defined by retailers that attempt to mimic current fashion trends at affordable prices. While retailers like Urban Outfitters dominate this trend, can traditional giants like Nordstrom and Kohl's keep up? Let's take a closer look.
The advance of three unfancied teams (Croatia, Belgium and England) to the World Cup semi-finals has offered up its own test to the sportswear giants Nike Inc. and Adidas AG: How they’re coping with the shift to fast fashion. Both companies face increasing competition from upstarts who aim to cut the time it takes to conceive, design and manufacture sportswear. Nike calls it, in a wince-making sports analogy, the “Triple Double” strategy: twice the innovation, twice the speed and twice the direct connections with customers.
The 2018 FIFA World Cup in Russia is nearing its climax, with the final set to kick off this Sunday on Fox (FOXA). And although the final matchup isn't set and the victorious nation has not hoisted the trophy, Nike (NKE) already beat its rival Adidas (ADDDY) at the World Cup.
Welcome to the latest episode of the Full-Court Finance podcast from Zacks Investment Research where Associate Stock Strategist Ben Rains dives into the potential future of Gatorade rival BodyArmor, before he discusses why fast-fashion giant Uniqlo decided to spend $300 million to lure Roger Federer away from Nike (NKE). The episode then ends with a fun and quick dive into the world of publicly traded soccer teams amid all the Cristiano Ronaldo transfer speculation.
Nike (NKE) is still the athletic brand of choice for young consumers, according to new research, with Adidas second for both men and women. In a Monday note, Cowen & Co. shared the results of a monthly survey that asked consumers aged 18-34 what brand they prefer when buying athletic apparel such as running and gym clothes. In June, Nike—as it has been for many months running—was the top pick for both men and women.
‘Real women’ and social media ‘microinfluencers’ may be key to targeting a female demographic, say analystsSerena Williams alone won’t help Nike make gains with women. Nike Inc. sees opportunities to grow its business with women, but will need to change its approach to reach them, relying less on athletes and more on “real women” and “microinfluencers” to gain share. On the most recent earnings call, Chief Executive Mark Parker said over the past three months, three of the company’s shoes, priced above $125, have become the top-selling athletic footwear models for women: 270, VaporMax, and Epic React.
US president Donald Trump’s administration has begun collecting 25 per cent tariffs on $34bn in annual imports from China. Mr Trump also repeated a warning that the US had plans “in abeyance” for a further $200bn in tariffs on Chinese imports should China retaliate. The state-run China Daily, the official mouthpiece of the Communist party, accused the White House of behaving like a “gang of hoodlums”.
As Roger Federer stepped on to Centre Court at the Wimbledon tennis championships this week, scores of fans in the crowd wore hats and shirts emblazoned with the “RF” logo, his personal clothing line made ...
The headline news in its fiscal fourth-quarter report was a return to domestic revenue gains, and it outperformed on other key metrics as well.
Uniqlo, the Japanese fast fashion brand, is paying $300 million over 10 years to replace Nike Inc. as the kit sponsor for Roger Federer. Uniqlo parent Fast Retailing Co. Ltd. is enduring slowing growth in its home Japanese market, which accounts for more than half of all revenue.
It's a quiet week on Wall Street, so the Fools have some time to respond to their listeners.
FT subscribers can click here to receive FirstFT every day by email. A compromise over migration policy has kept German chancellor Angela Merkel in power. A dispute with her interior minister Horst Seehofer ...
LeBron James once again shifted the basketball world Sunday night, agreeing to a four-year, $154 million contract with the Los Angeles Lakers. The move pairs the NBA’s biggest star with its most iconic franchise and stands to improve the fortunes of more than just the team’s fans. Here are some of the biggest winners from the NBA’s biggest offseason news.