Shares of On continue their impressive rally after strong Q3 results. Revenue is up 30% y/y, with focus on the apparel lineup ...
Nike Inc. has lost 55% of its market cap in the last three years. From a lack of quality to leadership to a lack of ...
These issues gained attention when it was revealed that Nike was benefiting from cheap labor in countries like China, Indonesia ... labor for a pair of basketball shoes which retail for $149. ...
Adidas saw strong growth in Greater China in the third quarter, while sales in North America excluding Yeezy shoes were up on ...
Adidas also reached a settlement with rapper Kanye West, who goes by Ye, during the third quarter to end a series of legal ...
The Roger Federer-backed sportswear maker's efforts to invest in marketing by sponsoring athletes at the Paris Olympics, as ...
Puma is highly dependent on wholesale, which accounts for about 75% of its sales. Wholesale sales tend to bring lower margins than sales through full-price owned channels. Puma also risks losing share ...
However, the market is becoming problematic for Nike. Demand for its shoes was falling ... He has passed comment on everything from China to technology, as well as helping secure new executives.
Adidas sees resurgence with Q3 revenue growth, overcoming Yeezy challenges and reviving retro styles.
The drop was especially steep in the US, where sales fell 10%; and in China ... Nike’s problems stem from its own strategic missteps — like not focusing enough on making cool shoes ...
Those results came on the heels of Nike's, which had lowered its full-year guidance over the summer, blaming China's unstable economy. The sneaker giant cited "softness" in the country ...