, opens new tab shares tumbled 8% on Friday after the Air Jordan maker warned of lower sales in its first half as it replaces older styles with trendier sneakers, while Lululemon Athletica (LULU.O ...
Leticia Miranda is a Bloomberg Opinion columnist covering consumer goods and the retail industry. She was previously a business reporter at NBC News and a retail reporter at BuzzFeed News.
Lululemon continues to report strong growth and profits from its premium wear. Yet, no one can deny how solid Nike's brand has been historically over the years. Taking all these factors into ...
Nike shares tumbled 7% on Friday after the Air Jordan maker warned of lower sales in its first half as it replaces older styles with trendier sneakers, while Lululemon Athletica sank 16% as ...
Is premium athletic apparel entering its flop era? Despite the booming success of industry darlings like HOKA and On Cloud — two sneaker brands with a cult-like consumer following — top ...
Lululemon has pricing power and is growing quickly thanks to its popularity. Nike, on other hand, has faced more challenges with no obvious solution. Both businesses have warned about slowing ...
It's been just a few days since JD Sports (JDSPY) Chief Executive Régis Schultz lambasted Nike (NKE) for its failure to innovate and bring in new customers through the doors. JD Sports ...
Investing.com -- FedEx surprised with strong earnings growth, while Nike warned of a revenue dip, resulting in differing stock performances. Apple faces a antitrust lawsuit, yet Wall Street looks ...
With $51.6 billion in trailing-12-month sales and an iconic, globally recognized brand, Nike (NYSE: NKE) is certainly familiar to most investors. Its dominance in the sports apparel and footwear ...
Wall Street has put both Nike (NYSE: NKE) and Lululemon Athletica (NASDAQ: LULU) stocks on the discount shelf this year. The retailers are down 14% and 24% in 2024, respectively, even as the S&P ...