77.47 0.00 (0.00%)
After hours: 6:58PM EDT
|Bid||77.49 x 2200|
|Ask||77.95 x 900|
|Day's Range||77.40 - 78.02|
|52 Week Range||50.35 - 81.00|
|PE Ratio (TTM)||71.60|
|Earnings Date||Sep 24, 2018 - Sep 28, 2018|
|Forward Dividend & Yield||0.80 (1.05%)|
|1y Target Est||81.02|
Adidas AG (xe:ads) was downgraded to market perform from outperform at Wells Fargo on concerns that increased competition will hurt the top and bottom lines. Analysts led by Tom Nikic see competition on the high end from Nike Inc. (nke) whose "reinvigoration" will put pressure on Adidas, and Vans, which "is currently the 'hot brand' in the $60-to-$100 price range, where Adidas had previously been the brand of choice via the Superstar and Stan Smith styles." Vans is a VF Corp. (vfc) brand. Adidas shares are down 12.6% for the past three months, but are up 11.5% for 2018 so far.
Unifi announced that negotiations to form a joint venture in Guatemala have ended, but will continue to seek other opportunities.
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LONDON, UK / ACCESSWIRE / July 16, 2018 / If you want access to our free earnings report on NIKE, Inc. (NYSE: NKE) ("Nike"), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=NKE. The Company reported its financial results on June 28, 2018, for the fourth quarter and full fiscal year ended May 31, 2018. The Company surpassed analysts' estimates for earnings and revenues in Q4 FY18.
Goals matter: Of the total 150 goals scored leading up to the finals, Nike cleats were worn for 94 of them. Analysts estimate Adidas likely spent close to $100 million on sponsorship in 2014 — when Germany beat Argentina 1-0 in overtime. The international soccer tournament has become a commercial dream for sportswear companies — a platform for some of the world’s biggest brands to duke it out for the estimated 1 billion fans watching the once-every-four-year championship.
A few years back, technology found its way into the retail market, and the companies that successfully infused technology with retail, like Amazon.com (NASDAQ:AMZN), soared. Also a few years back, technology found its way into the entertainment market, and the companies that successfully infused technology with entertainment, like Netflix (NASDAQ:NFLX), also soared. Technology continues to widen its reach and dip its finger tips into different markets.
Taylor Pollard remembers when her younger sister, Kheris Rogers, was in the first grade, she once asked to stay in the bathtub longer — she hoped it would make her skin lighter. The students in Rogers’ class in Los Angeles were primarily white, recall the sisters.
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 #MeToo movement has swept through corporate America, but so far investors have viewed the turmoil as little more than a buying opportunity. Take Wynn Resorts, where chief executive Steve Wynn allegedly carried on a decadeslong pattern of sexual misconduct before resigning in February, according to the Journal’s reporting. Beyond the loss of Mr. Wynn, the company has seen the resignation of its general counsel, who knew about a $7.5 million settlement Mr. Wynn reached with one of his accusers, lost a shareholder vote on executive pay and could end up selling a half-built, $2.5 billion casino resort outside of Boston if it faces pressure from Massachusetts regulators.
Aiming to bridge online and brick-and-mortar shopping, Nike Inc. has opened a new Nike Live store concept in West Hollywood that sells products chosen by local users of its NikePlus app.
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.
Jeff Henderson recently started his own company, And Them, which is self-described as a creative consultancy.
NIKE, Inc. (NKE) opens its newest store concept, Nike Live, on Thurs., July 12 as Nike by Melrose: a 4,557 square foot, single-level, cross-category Nike store located at 8552 Melrose Ave. in the heart of West LA. Powered by the insights and engagement of thousands of NikePlus members across five zip codes in LA, the store is a uniquely curated home for NikePlus Members and the style, sport and speed-obsessed consumers of the city. “Nike Live stores are specifically designed to be a service hub for local NikePlus members,” said Heidi O’Neill, President, NikeDirect.
Nike's unexplained alignment with labor and the formation of a new business association could shift the power dynamics in Oregon politics.
Soccer players were the fourth most prevalent athletes on this list. Luis Lionel Andres “Leo” Messi is an Argentinian soccer player. The FC Barcelona forward is the highest-paid soccer player, earning $111 million, taking home $84 million in salary and winnings along with $27 million in endorsements.
Despite President Trump hitting back at China — again — with more tariffs, the stock markets weren’t under as much pressure as investors would have thought. While the S&P 500 was down about 0.8%, the Nasdaq slipped just 43 basis points on the day. With the shakeup, we paid attention to what was hot, and what was not, for our top stock trades.Top Stock Trades for Tomorrow #1: Salesforce (CRM)
Cristiano Ronaldo has come a long way from the small tin-roofed home in Madeira, Portugal in which he grew up. The 33-year-old was a forward on Spain’s Real Madrid FC for nine years before signing a four-year contract with Italian Serie A club Juventus in July 2018. According to Forbes, he was the highest paid athlete in 2017, making $93 million that year.