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Adidas (OTCMKTS:ADDDF), Nike Inc. (NYSE:NKE) and Capri Holdings (NYSE:CPRI) Feeling The Effect Of Coronavirus outbreak In China

The coronavirus outbreak has become a major concern for fashion brands such as Adidas (OTCMKTS:ADDDF), Nike Inc. (NYSE:NKE), and Capri Holdings (NYSE:CPRI) which owns Michael Kors, Jimmy Choo, and Versace. The companies have warned that sales could slow as the virus spreads. Companies concerned about the impact of coronavirus outbreak on sales This comes as […]

Long Distance Runners Request IAAF For Investigation Into Nike Inc (NYSE:NKE) ‘s Vapor Fly Sneakers To Detect Unfair Advantage In Marathon

Several long-distance runners requested the International Association of Athletics Federations (IAAF) to investigate whether Nike Inc (NYSE:NKE) ‘s Vapor Fly sneakers offer any undue advantage to athletes. It is on the backdrop Nike sneaker wearers showing an excellent performance in Marathons. Eliud completes a 26.2-mile race in less than two hours Eliud Kipchoge, who wore […]

3D Printing Technology May Not Be Common, But It will Get A New Face

The use of 3D printing technology is no longer common perhaps as a result of its high cost and slow pace. In fact, a lot of companies that have invested in it have hit real blocks including lack of manufacturing expertise which is very prevalent. But apparently, many people are interested in the technology according […]

What Is The Buzz Surrounding adidas AG (ADR)(OTCMKTS:ADDYY)?

In an article on Seeking Alpha, the writer stated that in September 2014 he covered German sports apparel firm adidas AG (ADR)(OTCMKTS:ADDYY). At that time, he was of view that it was appropriate time to invest in company’s undervalued stock. Since the release of that article in 2014, Adidas’ stock price is up 28.6% calculated […]

Nike Inc. (NYSE:NKE) Massive World Cup Investment Pays Off as Sales Soar by 15%

Boston, MA 09/29/2014 (wallstreetpr) – Nike Inc. (NYSE:NKE) was one of the biggest beneficiary of the FIFA World Cup, seen by a 23% increase in net income, mostly attributed to sales made during the event. Net income soared to a high of $962 million or $1.09 a share, from a low of $779 million reported a […]

Finish Line Inc. (NASDAQ:FINL) Stumbles on earnings as Nike Inc. (NYSE:NKE) Beats Estimates

Boston, MA 09/29/2014 (wallstreetpr) – Poor demand for basketball shoes continues to be the biggest headwind for mall-based retailer Finish Line Inc. (NASDAQ:FINL), which is experiencing the wrath of Wall Street after reporting poor second-quarter results. The effects of poor results that missed expectations continue to be felt far and wide, seen by the stock plummeting […]

Nike Inc (NYSE:NKE) 1Q Gross Margin Improves 1.7 Percentage Points On Product Mix

Boston, MA 09/26/2014 (wallstreetpr) – Footwear maker, Nike Inc (NYSE:NKE) disclosed that its gross margin recorded significant 1.7 percentage points improvements during the first quarter primarily on product mix of higher margin products. This apart, increased average prices and the continuous uptick in the high-margin DTC unit has allowed the company to report strong financial […]

Twitter Inc (NYSE:TWTR) Slumps From The List Of Top 20 Coolest Brands Of Britain; Apple Inc. (NASDAQ:AAPL) Remains #1 For 3rd Straight Year

Boston, MA 09/22/2014 (wallstreetpr) – CoolBrands, which prepares its list of Top 20 Coolest Brands of Britain annually, revealed that Apple Inc. (NASDAQ:AAPL) continues to enjoy a #1 position in Britain for third consecutive year. However, Twitter Inc (NYSE:TWTR) fell from list to let Instagram, its biggest rival enjoy that platform. In fact, according to […]

Dicks Sporting Goods Inc. (NYSE:DKS) Restructuring Golf Business

Boston, MA 08/20/2014 (wallstreetpr) – Dicks Sporting Goods Inc. (NYSE:DKS) reported better than expected Q2 results that beat consensus estimates, despite incurring a 17% drop in profits. The company’s stock was up by 1.61% on Tuesday trading session closing the day at a high of $44.21 as a result of its financial results. Dick’s Sporting […]

Nike Inc (NYSE:NKE): Adding New Colors to Existing Face

Boston, MA 06/05/2014 (wallstreetpr) – To further strengthen its leadership and global reach Nike Inc (NYSE:NKE) has announced important changes in its management verticals. Doing this, Nike expects to focus on growth opportunities and elevation of leadership that drives the business. Some of the key people who were given leadership positions are Mark van Pappelendam, […]

Nike Inc (NYSE:NKE)-Apple Inc (AAPL) Deal In The Making?

Boston, MA 05/28/2014 (wallstreetpr) – Speculations are widespread that Nike Inc (NYSE:NKE) and Apple Inc (NASDAQ:AAPL) could be working towards a tie-up in the wearable electronics market. The recent developments come as clear pointers that the companies could indeed be interested in working together in developing a device that would offer more than just tracking of […]

Nike Inc. (NYSE:NKE) Improving Software Quality

Boston, MA 05/13/2014 (wallstreetpr) – It was recently reported by CNET, technology based website, that Nike Inc. (NYSE:NKE) had no better options, but to exit from their existing divisions of the hardware operations of the Fuelband section. This became apparent after the company started a series of layoffs in its hardware segment. The company was gradually […]

Nike Inc (NYSE:NKE) Abandons Hardware Over Software Plans

Boston, MA 05/06/2014 (wallstreetpr) – Two years later to launching its most prospective wearable gadget FuelBand bracelet, Nike Inc (NYSE:NKE) is turning away from the hardware to activity tracking software such as fitness apps. Nike wants to replicate the way Apple and Amazon have used digital entertainment to get consumers to buy high-end electronics, by alluring […]

TV’s, watch out for Apple’s iWatch – AAPL, FOSL, GOOG, MOV, SWGAY, NKE & MSFT

Boston, MA 03/05/2013 (wallstreetpr) – Apple Inc (NASDAQ:AAPL)’s Cook dropped hints that his innovative company is working on a television to spur company growth, but by the looks of it there is a possibility that the iWatch, which is a wrist-watch style computer device may prove to be a frontrunner. The global watch industry is […]

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