| adidas AG (DE000A1EWWW0) | |||
206,20 EURStand (close): 01.07.25 |
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| 27.06.25 18:31:43 | Nike announces 'surgical price increase' to mitigate $1 billion hit from Trump tariffs |  |
| Nike is taking action to combat the company's estimated $1 billion hit from President Donald Trump's tariffs, including “a surgical price increase” in the U.S. set to begin this fall. The news comes after the company announced a series of price increases starting June 1, including a $5 to $10 hike in select footwear and $2 to $10 increase among adult apparel and equipment. Other retailers, including Walmart and Adidas, have also warned of higher prices due to tariffs. Federal Reserve Chair Jerome Powell on June 18 said he expects “a meaningful amount of inflation to arrive in coming months” as more companies pass along increased costs to customers. While tariffs represent a “new and meaningful cost headwind,” Nike plans to “fully mitigate” the impact over time, Chief Financial Officer Matthew Friend said during the company’s fourth quarter earnings call on June 26. In addition to price increases, Nike will also evaluate corporate cost reductions "as appropriate" and shift its supply chain. Roughly 16% of its footwear is imported from China, according to Friend, but the company plans to cut that down to the high-single-digit range by the end of fiscal 2026 as it reallocates to other countries. Stock market today: Trade deals and better vibes lift S&P 500, Nasdaq to record highs. Dow jumps, too. After reporting a 12% revenue decline for the quarter, CEO Elliott Hill said business results are expected to improve, and that “it’s time to turn the page." Nike shares were up more than 15% by midday on June 27. This article originally appeared on USA TODAY: Nike announces 'surgical price increase' to mitigate Trump tariffs View Comments |
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| 27.06.25 08:30:36 | JD Sports, Adidas, Puma shares leap on better-than-expected Nike results | |
| Investing.com -- Shares in JD Sports Fashion (LON:JD) jumped more than 7% in London trading on Friday, lifted by optimism around Nike (NYSE:NKE), the British retailer’s key supplier, as the U.S. sportswear giant signaled progress in its turnaround plan. Nike offered a more upbeat outlook than expected, projecting a mid-single-digit decline in first-quarter revenue—better than the 7.3% drop forecast by analysts, according to LSEG data. High Yield Savings Offers Earn 4.10% APY** on balances of $5,000 or more View Offer Earn up to 4.00% APY with Savings Pods View Offer Earn up to 3.80% APY¹ & up to $300 Cash Bonus with Direct Deposit View Offer Powered by Money.com - Yahoo may earn commission from the links above. The company also beat estimates for its fourth-quarter sales, which fell 12% to $11.10 billion, compared with expectations of a 14.9% decline to $10.72 billion. Nike stock soared over 10% in premarket trading on Friday. Shares in German sportswear giants Adidas AG (ETR:ADSGN) and Puma SE (ETR:PUMG) also rose between 4% and 6% in Frankfurt. On a post-earnings call, Nike executives said U.S. President Donald Trump’s latest round of tariffs could raise the company’s costs by roughly $1 billion. China, which faces the steepest tariff hikes, currently makes up about 16% of Nike’s U.S. footwear imports, according to CFO Matthew Friend. However, Nike plans to reduce that to a “high single-digit percentage range” by the end of May 2026 by shifting production to other countries. Nike posted an 86% decline in quarterly profit to $211 million, mostly due to markdowns and inventory clearance. China remained a weak spot for Nike, with executives acknowledging that a recovery in the market will take time as the company faces a tougher economic environment and heightened competition. To address the added pressure from tariffs, Chief Financial Officer Matthew Friend said Nike will “evaluate” corporate cost reductions. The company has already implemented price hikes on select products in the U.S. “We will optimize our sourcing mix and allocate production differently across countries to mitigate the new cost headwind into the United States,” Friend told investors on the call. Inventory levels held steady year-over-year at $7.5 billion as of May 31, while marketing expenses rose 15% compared to the same period last year. Related articles JD Sports, Adidas, Puma shares leap on better-than-expected Nike results Toyota shares climb as sales reach another monthly record on U.S, Japan strength Pony AI stock surges after NYT reports Uber-Kalanick talks for acquisition View Comments |
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| 27.06.25 07:33:22 | Nike Frankfurt shares rise 9% after results; lifts Adidas, Puma | |
| LONDON (Reuters) -Nike shares rose 9.2% in Frankfurt on Friday, a day after the company forecast a smaller-than-expected drop in first-quarter revenue, and said it would cut its reliance on production in China for the U.S. market to mitigate the impact from tariffs The retailer's U.S. shares rose 11% in extended trading on Thursday. Nike's results also boosted the performance of European sportswear brands on Friday such as Puma, up 4.5%, and Adidas, up 3%. London-listed sportswear retailer JD Sports rose 8%. (Reporting by Alun John) View Comments |
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| 18.06.25 13:18:00 | Zacks Industry Outlook Highlights Adidas, Birkenstock and Wolverine World Wide | |
| For Immediate Release Chicago, IL – June 18, 2025 – Today, Zacks Equity Research discusses Adidas AG ADDYY, Birkenstock Holding plc BIRK and Wolverine World Wide, Inc. WWW. Industry: Shoes & Apparel Link: https://www.zacks.com/commentary/2506174/3-shoes-retail-apparel-stocks-navigating-inflation-weak-demand The Zacks Shoes and Retail Apparel industry continues to face considerable challenges, primarily driven by rising input and logistics costs, supply-chain disruptions and elevated SG&A expenses due to digital and store reinvestments. Macroeconomic pressures such as currency volatility, geopolitical tensions, and evolving tax and tariff policies compound these challenges. A weakening consumer confidence environment and a competitive labor market threaten operating margins. High Yield Savings Offers Earn 4.10% APY** on balances of $5,000 or more View Offer Earn up to 4.00% APY with Savings Pods View Offer Earn up to 3.80% APY¹ & up to $300 Cash Bonus with Direct Deposit View Offer Powered by Money.com - Yahoo may earn commission from the links above. Despite these hurdles, companies are staying aggressive with brand-building initiatives and promotional spending to retain consumer mindshare. Robust consumer demand for activewear, footwear and wellness-driven products, fueled by a growing focus on healthy lifestyles, continues to support top-line growth. Brands are leveraging this momentum through product innovation, expansion of athleisure offerings, and enhanced investment in e-commerce and omnichannel capabilities. Continued investment in innovation, digital infrastructure and customer engagement will be key to navigating cost pressures and unlocking long-term growth potential. Players like Adidas AG, Birkenstock Holding plc and Wolverine World Wide, Inc. are well-positioned to capitalize on these trends. About the Industry The Zacks Shoes and Retail Apparel industry comprises companies that design, source and market clothing, footwear and accessories for men, women and children under various brand names. Product offerings of the companies mostly include athletic and casual footwear, fashion apparel and activewear, sports equipment, bags, balls, and other sports and fashion accessories. The companies showcase their products through their branded outlets and websites. Some companies distribute products via other retail stores, such as national chains, online retailers, sporting goods stores, department stores, mass merchandisers, independent retailers and catalogs. A Look at What's Shaping Shoes & Retail Apparel Industry's Future Cost Headwinds: Companies in the industry have been grappling with elevated costs, driven by a mix of internal reinvestments and external pressures. Commodity price inflation, ongoing supply-chain disruptions, and rising logistics expenses continue to weigh on margins. Many companies anticipate that higher transportation costs will remain near-term headwinds. Story Continues Meanwhile, stepped-up investments in marketing, digital platforms and store enhancements have pushed SG&A expenses higher. To maintain brand visibility and relevance, companies are allocating more toward promotional campaigns and tech-driven initiatives. On top of these structural challenges, businesses face persistent macroeconomic uncertainty, ranging from geopolitical tensions and trade tariffs to currency swings and shifting tax regimes. Weakening consumer confidence and a tight labor market complicate the landscape, putting additional strain on profitability across the industry. Consumer Demand Trends: Industry players have been benefiting from strong consumer demand for activewear, athleisure and footwear, a trend set to continue through 2025. Athletic brands offer diverse products, from footwear and yoga wear to jackets and running clothes. The rising focus on fashion is fueling the demand for innovative apparel and footwear in the United States. Companies in the industry are prioritizing product innovation, marketing, store expansion and e-commerce growth to gain market share. Health and wellness trends are also driving footwear brands to expand their offerings. Multi-functional shoes, blending style and versatility, remain especially popular. E-Commerce Investments: E-commerce has been a key growth driver in the athleisure market. Companies in this segment are building their customer base through websites, social media and other digital platforms. As consumers continue to shop from home, the demand for athletic-inspired apparel and digital sales is expected to be strong. Brands that expand their athletic apparel lines and strengthen e-commerce capabilities are likely to see long-term growth. Investments in faster delivery through improved supply chains and fulfillment processes will give industry players a competitive edge. Additionally, companies are enhancing stores with renovations, better checkout experiences and mobile point-of-sale options to increase their appeal. These efforts to improve the shopping experience across multiple channels are expected to boost store and online traffic, and drive sales. Zacks Industry Rank Indicates Dull Prospects The Zacks Shoes and Retail Apparel Industry is an 11-stock group within the broader Zacks Consumer Discretionary sector. The industry currently carries a Zacks Industry Rank #215, which places it in the bottom 12% of more than 250 Zacks industries. The group's Zacks Industry Rank, which is basically the average of the Zacks Rank of all the member stocks, indicates dull prospects for the near term. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. The industry's positioning in the bottom 50% of the Zacks-ranked industries is the result of a negative earnings outlook for the constituent companies in aggregate. Looking at the aggregate earnings estimate revisions, it appears that analysts are gradually losing confidence in this group's earnings growth potential. Before we present a few stocks that you may want to consider for your portfolio, let us look at the industry's recent stock market performance and valuation picture. Industry vs. Sector The Zacks Shoes and Retail Apparel industry has underperformed the sector and the S&P 500 in the past year. Stocks in the industry have collectively declined 33.6% in the past year. Meanwhile, the Zacks Consumer Discretionary sector and the Zacks S&P 500 composite have risen 16.7% and 9.1%, respectively. Shoes & Retail Apparel Industry's Valuation On the basis of forward 12-month price-to-earnings (P/E), commonly used for valuing Consumer Discretionary stocks, the industry is currently trading at 24.41X compared with the S&P 500's 21.86X and the sector's 19.45X. Over the last five years, the industry traded as high as 37.75X and as low as 20.15X, with a median of 26.76X. 3 Shoes & Retail Apparel Stocks to Watch Birkenstock: This London-based company manufactures and sells footwear, including sandals, shoes, closed-toe styles, skincare products and accessories. While renowned for its cork-based sandals, Birkenstock has expanded into higher-priced designs. It benefits from strategic pricing, a focus on high-quality products and growth in direct-to-consumer (DTC) channels. A balanced distribution strategy across B2B (wholesale) and DTC has driven its success. There is significant growth potential in Asia, the Middle East and Africa. Despite inflation and cautious consumer spending, Birkenstock has sustained strong demand, with its premium lines, such as closed-toe styles and the Big Buckle sandal, performing well. BIRK has a trailing four-quarter earnings surprise of 7.8%, on average. The Zacks Consensus Estimate for the company's fiscal 2025 sales and earnings indicates growth of 21.8% and 36.7%, respectively, from the year-ago quarter's reported figures. The consensus estimate for BIRK's fiscal 2025 EPS has moved up 2.7% in the past 30 days. Shares of this Zacks Rank #2 (Buy) company have declined 14.3% in the past year. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Adidas: This leading manufacturer and seller of athletic and sports lifestyle products in Europe, the Middle East, Africa, North America, Greater China, the Asia Pacific and Latin America is poised to gain from strong demand, compelling products and the robust performance of its online business. Adidas has been benefiting from improved sell-through of all Adidas products in the market. The company has been witnessing improved margins, driven by the recently implemented price increases and an improved channel mix. The Zacks Consensus Estimate for ADDYY's 2025 sales and earnings indicates growth of 12.3% and 86.1%, respectively, from the year-ago quarter's reported figures. The consensus estimate for ADDYY's 2025 EPS has been unchanged in the past 30 days. Adidas delivered a negative earnings surprise of 48%, on average, in the trailing four quarters. This Zacks Rank #3 (Hold) stock has dipped 1.1% in the past year. Wolverine: The company is engaged in designing, manufacturing and distributing a wide variety of casual and active apparel and footwear. It also manufactures children's footwear and specially designed boots and accessories for industrial purposes. Wolverine's focus on brand structure, increasing efficiency by removing costs, strategic review of its portfolio, improving working capital and lowering leverage bode well. The company continues to focus on strengthening its DTC business. Speed-to-market initiatives, deployment of digital product development tools, expansion of e-commerce platforms and frequent product introductions are steadily contributing to Wolverine's performance. The Zacks Consensus Estimate for WWW's 2025 sales and earnings suggests growth of 3.6% and 15.4%, respectively, from the year-ago quarter's reported figures. The consensus estimate for WWW's 2025 EPS has been unchanged in the past 30 days. The company has a trailing four-quarter negative earnings surprise of 38.6%, on average. Shares of this Zacks Rank #3 company have rallied 31.4% in the past year. Why Haven't You Looked at Zacks' Top Stocks? Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year. Today you can access their live picks without cost or obligation. See Stocks Free >> Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch/ Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@zacks.com https://www.zacks.com Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Wolverine World Wide, Inc. (WWW) : Free Stock Analysis Report Adidas AG (ADDYY) : Free Stock Analysis Report Birkenstock Holding PLC (BIRK) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research View Comments |
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| 17.06.25 14:02:00 | 3 Shoes & Retail Apparel Stocks Navigating Inflation & Weak Demand | |
| The Zacks Shoes and Retail Apparel industry continues to face considerable challenges, primarily driven by rising input and logistics costs, supply-chain disruptions and elevated SG&A expenses due to digital and store reinvestments. Macroeconomic pressures such as currency volatility, geopolitical tensions, and evolving tax and tariff policies compound these challenges. A weakening consumer confidence environment and a competitive labor market threaten operating margins. Despite these hurdles, companies are staying aggressive with brand-building initiatives and promotional spending to retain consumer mindshare. Robust consumer demand for activewear, footwear and wellness-driven products, fueled by a growing focus on healthy lifestyles, continues to support top-line growth. Brands are leveraging this momentum through product innovation, expansion of athleisure offerings, and enhanced investment in e-commerce and omnichannel capabilities. Continued investment in innovation, digital infrastructure and customer engagement will be key to navigating cost pressures and unlocking long-term growth potential. Players like Adidas AG ADDYY, Birkenstock Holding plc BIRK and Wolverine World Wide, Inc. WWW are well-positioned to capitalize on these trends. Advertisement: High Yield Savings Offers Earn 4.10% APY** on balances of $5,000 or more View Offer Earn up to 4.00% APY with Savings Pods View Offer Earn up to 3.80% APY¹ & up to $300 Cash Bonus with Direct Deposit View Offer Powered by Money.com - Yahoo may earn commission from the links above. About the Industry The Zacks Shoes and Retail Apparel industry comprises companies that design, source and market clothing, footwear and accessories for men, women and children under various brand names. Product offerings of the companies mostly include athletic and casual footwear, fashion apparel and activewear, sports equipment, bags, balls, and other sports and fashion accessories. The companies showcase their products through their branded outlets and websites. Some companies distribute products via other retail stores, such as national chains, online retailers, sporting goods stores, department stores, mass merchandisers, independent retailers and catalogs. A Look at What's Shaping Shoes & Retail Apparel Industry's Future Cost Headwinds: Companies in the industry have been grappling with elevated costs, driven by a mix of internal reinvestments and external pressures. Commodity price inflation, ongoing supply-chain disruptions, and rising logistics expenses continue to weigh on margins. Many companies anticipate that higher transportation costs will remain near-term headwinds. Meanwhile, stepped-up investments in marketing, digital platforms and store enhancements have pushed SG&A expenses higher. To maintain brand visibility and relevance, companies are allocating more toward promotional campaigns and tech-driven initiatives. On top of these structural challenges, businesses face persistent macroeconomic uncertainty, ranging from geopolitical tensions and trade tariffs to currency swings and shifting tax regimes. Weakening consumer confidence and a tight labor market complicate the landscape, putting additional strain on profitability across the industry. Consumer Demand Trends: Industry players have been benefiting from strong consumer demand for activewear, athleisure and footwear, a trend set to continue through 2025. Athletic brands offer diverse products, from footwear and yoga wear to jackets and running clothes. The rising focus on fashion is fueling the demand for innovative apparel and footwear in the United States. Companies in the industry are prioritizing product innovation, marketing, store expansion and e-commerce growth to gain market share. Health and wellness trends are also driving footwear brands to expand their offerings. Multi-functional shoes, blending style and versatility, remain especially popular. E-Commerce Investments: E-commerce has been a key growth driver in the athleisure market. Companies in this segment are building their customer base through websites, social media and other digital platforms. As consumers continue to shop from home, the demand for athletic-inspired apparel and digital sales is expected to be strong. Brands that expand their athletic apparel lines and strengthen e-commerce capabilities are likely to see long-term growth. Investments in faster delivery through improved supply chains and fulfillment processes will give industry players a competitive edge. Additionally, companies are enhancing stores with renovations, better checkout experiences and mobile point-of-sale options to increase their appeal. These efforts to improve the shopping experience across multiple channels are expected to boost store and online traffic, and drive sales. Story Continues Zacks Industry Rank Indicates Dull Prospects The Zacks Shoes and Retail Apparel Industry is an 11-stock group within the broader Zacks Consumer Discretionary sector. The industry currently carries a Zacks Industry Rank #215, which places it in the bottom 12% of more than 250 Zacks industries. The group’s Zacks Industry Rank, which is basically the average of the Zacks Rank of all the member stocks, indicates dull prospects for the near term. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. The industry’s positioning in the bottom 50% of the Zacks-ranked industries is the result of a negative earnings outlook for the constituent companies in aggregate. Looking at the aggregate earnings estimate revisions, it appears that analysts are gradually losing confidence in this group’s earnings growth potential. Before we present a few stocks that you may want to consider for your portfolio, let us look at the industry’s recent stock market performance and valuation picture. Industry vs. Sector The Zacks Shoes and Retail Apparel industry has underperformed the sector and the S&P 500 in the past year. Stocks in the industry have collectively declined 33.6% in the past year. Meanwhile, the Zacks Consumer Discretionary sector and the Zacks S&P 500 composite have risen 16.7% and 9.1%, respectively. 1-Year Price Performance Shoes & Retail Apparel Industry's Valuation On the basis of forward 12-month price-to-earnings (P/E), commonly used for valuing Consumer Discretionary stocks, the industry is currently trading at 24.41X compared with the S&P 500’s 21.86X and the sector’s 19.45X. Over the last five years, the industry traded as high as 37.75X and as low as 20.15X, with a median of 26.76X, as the chart below shows. Price-to-Earnings Ratio (Past 5 Years) 3 Shoes & Retail Apparel Stocks to Watch Birkenstock: This London-based company manufactures and sells footwear, including sandals, shoes, closed-toe styles, skincare products and accessories. While renowned for its cork-based sandals, Birkenstock has expanded into higher-priced designs. It benefits from strategic pricing, a focus on high-quality products and growth in direct-to-consumer (DTC) channels. A balanced distribution strategy across B2B (wholesale) and DTC has driven its success. There is significant growth potential in Asia, the Middle East and Africa. Despite inflation and cautious consumer spending, Birkenstock has sustained strong demand, with its premium lines, such as closed-toe styles and the Big Buckle sandal, performing well. BIRK has a trailing four-quarter earnings surprise of 7.8%, on average. The Zacks Consensus Estimate for the company’s fiscal 2025 sales and earnings indicates growth of 21.8% and 36.7%, respectively, from the year-ago quarter’s reported figures. The consensus estimate for BIRK’s fiscal 2025 EPS has moved up 2.7% in the past 30 days. Shares of this Zacks Rank #2 (Buy) company have declined 14.3% in the past year. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Price and Consensus: BIRK Adidas: This leading manufacturer and seller of athletic and sports lifestyle products in Europe, the Middle East, Africa, North America, Greater China, the Asia Pacific and Latin America is poised to gain from strong demand, compelling products and the robust performance of its online business. Adidas has been benefiting from improved sell-through of all Adidas products in the market. The company has been witnessing improved margins, driven by the recently implemented price increases and an improved channel mix. The Zacks Consensus Estimate for ADDYY’s 2025 sales and earnings indicates growth of 12.3% and 86.1%, respectively, from the year-ago quarter’s reported figures. The consensus estimate for ADDYY’s 2025 EPS has been unchanged in the past 30 days. Adidas delivered a negative earnings surprise of 48%, on average, in the trailing four quarters. This Zacks Rank #3 (Hold) stock has dipped 1.1% in the past year. Price and Consensus: ADDYY Wolverine: The company is engaged in designing, manufacturing and distributing a wide variety of casual and active apparel and footwear. It also manufactures children’s footwear and specially designed boots and accessories for industrial purposes. Wolverine’s focus on brand structure, increasing efficiency by removing costs, strategic review of its portfolio, improving working capital and lowering leverage bode well. The company continues to focus on strengthening its DTC business. Speed-to-market initiatives, deployment of digital product development tools, expansion of e-commerce platforms and frequent product introductions are steadily contributing to Wolverine’s performance. The Zacks Consensus Estimate for WWW’s 2025 sales and earnings suggests growth of 3.6% and 15.4%, respectively, from the year-ago quarter’s reported figures. The consensus estimate for WWW’s 2025 EPS has been unchanged in the past 30 days. The company has a trailing four-quarter negative earnings surprise of 38.6%, on average. Shares of this Zacks Rank #3 company have rallied 31.4% in the past year. Price and Consensus: WWW Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Adidas AG (ADDYY) : Free Stock Analysis Report Wolverine World Wide, Inc. (WWW) : Free Stock Analysis Report Birkenstock Holding PLC (BIRK) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research View Comments |
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| 12.06.25 13:22:00 | The Zacks Analyst Blog Highlights Nike, lululemon athletica and adidas | |
| For Immediate Release Chicago, IL – June 12, 2025 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Nike, Inc. NKE, lululemon athletica inc. LULU and adidas AG ADDYY. Here are highlights from Wednesday’s Analyst Blog: Nike's China Recovery Stalls: Can It Regain Its Edge in Asia? Nike, Inc. boasts a solid presence in China, which forms a cornerstone in its global growth strategy. The company has strategically invested in China to reinforce its consumer engagement and gain competitive leverage. Nike's China business, which is commonly referred to as Greater China, delivered revenues of $1.7 billion in third-quarter fiscal 2025, contributing about 15% to total revenues. However, Greater China has remained a challenging market for Nike, weighed down by a difficult operating environment and tariff-related headwinds. In third-quarter fiscal 2025, Greater China revenues plunged 17% on a reported basis (down 15% in constant currency), as Nike Direct sales fell 11%, Nike Digital revenues slid 20% and Nike-owned store revenues dipped 6%. Wholesale performance also weakened, with an 18% year-over-year decline, underscoring persistent consumer and trade pressures across the region. Despite near-term challenges, Nike remains bullish on Greater China's long-term growth potential. To reignite momentum, the company has aggressively cleaned up the marketplace—executing returns and rebates, liquidating excess inventory, and creating space for new product drops and expanded assortments. Management acknowledges China's status as a "mono-brand market," and is committed to patience and precision as it phases in its Win Now initiatives, expecting these actions to boost foot traffic and market share over time. NKE deepens its vast presence in China by customizing product innovation to local tastes, launching culturally resonant marketing campaigns, accelerating research and development activities, and forming strategic alliances with leading Chinese sports and cultural organizations. This concerted effort to embed sport and fitness into everyday life not only deepens consumer engagement but also positions Nike to outpace competitors in its broader Asian markets. NKE's Competition in Asia lululemon athletica inc. and adidas AG are the key companies competing with Nike in China. Like NKE, lululemon seeks to enhance its presence in China, which is among its key global markets. The company has been experiencing solid momentum in its international markets, especially in China. In first-quarter fiscal 2025, revenues increased 21% in Mainland China (22% in constant currency) while comps improved 8%. Story Continues The company looks forward to strengthening its physical appearance with constant store openings in the international markets, primarily in China. Amid the tariff-driven pressures, lululemon anticipates revenue growth of 25-30% in Mainland China in fiscal 2025, thanks to its distinct product and innovative solutions. Growth in LULU's customer base through its stores and diverse e-commerce platforms, coupled with product innovations and a robust omnichannel operating model, has been bolstering growth in the region. adidas is another sporting goods giant vying for a larger share of the Chinese market. The company is aggressively focused on expanding its presence in China by launching locally relevant product lines and enhancing its brand equity via collaborations and marketing campaigns. Amid a highly evolving geopolitical and macroeconomic environment, adidas has been diversifying its supply chain and adopting mitigating strategies. Initiatives like the "Future City Concept" stores highlight adidas' ongoing commitment to forward retail strategy. Such strategies are likely to offer resilience and sustainability in the long term. NKE's Price Performance, Valuation and Estimates Shares of Nike have lost around 15.5% year to date compared with the industry's decline of 14%. From a valuation standpoint, NKE trades at a forward price-to-earnings ratio of 32.5X, higher than the industry's average of 25.76X. The Zacks Consensus Estimate for NKE's fiscal 2025 and 2026 earnings implies a year-over-year plunge of 46.1% and 8.7%, respectively. The company's EPS estimate for fiscal 2025 and fiscal 2026 has been stable in the past 30 days. Nike stock currently carries a Zacks Rank #4 (Sell). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Why Haven't You Looked at Zacks' Top Stocks? Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year. Today you can access their live picks without cost or obligation. See Stocks Free >> Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@zacks.com https://www.zacks.com Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NIKE, Inc. (NKE) : Free Stock Analysis Report lululemon athletica inc. (LULU) : Free Stock Analysis Report Adidas AG (ADDYY) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research View Comments |
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| 09.06.25 18:01:19 | Kanye West Once Gifted Kim Kardashian Stocks In Apple, Netflix, Amazon And Disney — And His Financial Foresight Continues To Benefit Her Wealth | |
| Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Even though Kanye West and Kim Kardashian's relationship is a thing of the past, West’s investments in stocks for his ex-wife continue to thrive, significantly boosting her financial portfolio. What Happened: Despite their high-profile divorce, West’s financial decisions continue to influence Kardashian’s wealth. According to Forbes, her net worth currently stands at $1.7 billion. Kanye made strategic stock investments on Kardashian's behalf before their separation, many of which have seen impressive returns. Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — you can become an investor for $0.80 per share today. In 2017, Kardashian revealed that her husband, West, gave her an extraordinary Christmas gift: stock worth hundreds of thousands of dollars in major companies like Walt Disney Co. (NYSE:DIS), Netflix Inc. (NASDAQ:NFLX), Apple Inc. (NASDAQ:AAPL), Amazon.com, Inc. (NASDAQ:AMZN) and Adidas (OTC:ADDYY). If an investor had mirrored West's gift to Kardashian by investing $1,000 in each of these companies, here's how that portfolio would have performed: Disney (DIS) $104.39 $112.53 $1,077.97 +7.80% Netflix (NFLX) $189.94 $1,250.52 $6,583.76 +558.38% Apple (AAPL) $41.07 $200.63 $4,885.07 +388.51% Amazon (AMZN) $58.42 $207.91 $3,558.88 +255.89% Adidas (ADDYY) $94.26 $120.46 $1,277.95 +27.80% Note: Stock prices from 2017 are adjusted to reflect splits and dividends. Over the past five years, Disney shares have declined by 9.85%, while Netflix has surged 198.03%. Apple shares have risen 142.07%, Amazon is up 67.47% and Adidas has fallen by 19.25%, according to data from Benzinga Pro. See Also: Invest Where It Hurts — And Help Millions Heal: Invest in Cytonics and help disrupt a $390B Big Pharma stronghold. Why It's Important: Kardashian is a television personality, entrepreneur and social media icon who first gained widespread recognition in 2007 through the E! reality series "Keeping Up with the Kardashians," which chronicled the lives of the Kardashian-Jenner family. Beyond television, she has built a successful business empire with ventures like KKW Beauty, KKW Fragrance and the shapewear brandSKIMS. West, on the other hand, is an American rapper, producer, entrepreneur and fashion designer. In October 2021, he legally changed his name to Ye, citing its spiritual significance. Story continues Widely regarded as one of the most influential musicians of his generation, Ye has sold over 135 million records globally, according to People. Ye is known for his bold public statements and widely publicized personal life. In the fashion world, he founded the Yeezy brand. Read Next: In terms of getting money back, these bank accounts put traditional checking and savings accounts to shame. Maximize saving for your retirement and cut down taxes: Schedule your free call with a financial advisor to start your financial journey – no cost, no obligation. Photo Courtesy: Tinseltown on Shutterstock.com This article Kanye West Once Gifted Kim Kardashian Stocks In Apple, Netflix, Amazon And Disney — And His Financial Foresight Continues To Benefit Her Wealth originally appeared on Benzinga.com View comments |
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| 04.06.25 09:49:00 | Dr. Martens taps former Adidas exec for chief brand officer |  |
| This story was originally published on Fashion Dive. To receive daily news and insights, subscribe to our free daily Fashion Dive newsletter. Dr. Martens has named Carla Murphy as its chief brand officer, effective July 1, according to a press release last week. Murphy was most recently global senior vice president and general manager for Adidas Outdoor at Adidas AG, where she was responsible for global strategy, management and execution across the outdoor category, per the release. She succeeds Ije Nwokorie, who was recently promoted to CEO. Murphy will report to Nwokorie and join the company’s global leadership team. In her new position, she will drive brand strategy and creative direction and will oversee multiple divisions including global marketing and sustainability. Murphy will be based in the company’s London offices.A headshot of Carla Murphy. In addition to Adidas, Murphy also worked for VF as global chief brand and product officer of Icebreaker. She also held senior brand roles at Amer Sports group, which includes Nikita, Salomon, Atomic and Arc’teryx. “Our brand is our most important asset, and I’m thrilled that Carla is joining to lead the brand organisation,” Nwokorie said in the release. “Carla is an exceptional leader with a proven track record for using bold storytelling and fearless creativity to drive growth for world-renowned brands, and she will do amazing work with our immensely talented brand and creative teams.” Murphy joins a cohort of new executives at Dr. Martens. Last week, the footwear brand hired Paul Zadoff as its next president of Americas. Nwokorie took over the CEO role in January from former CEO Kenny Wilson. In the release, Murphy said she couldn’t wait to get started at Dr. Martens, which she said was an iconic brand with a loyal consumer base. “It has cultivated a passionate community and a devoted loyal consumer base, which I have long admired,” Murphy said. “Joining the team and the brand at this moment is incredibly exciting, the ambition and energy is high, and there is a tremendous opportunity in this next chapter to break new ground and connect with an even wider audience in a truly meaningful and culturally relevant way.” Since 2021, Dr. Martens has made several senior leadership hires on the brand and creative side, including Neil Cummings, creative director of global brand studio; Emma Howarth, category director; Adam Owen, global design director; and Paul Bowyer, global brand marketing director, according to the release. However, the footwear brand remains without a creative director since Darren McKoy stepped down in January. McKoy had been with Dr. Martens for 10 years. Story Continues Dr. Martens will report its 2025 fiscal year results Thursday. Recommended Reading Dr. Martens releases limited-edition 1460 boot View Comments |
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| 30.05.25 09:12:00 | Adidas ‘does not own all stripes,’ Steve Madden says in lawsuit | |
| This story was originally published on Fashion Dive. To receive daily news and insights, subscribe to our free daily Fashion Dive newsletter. Dive Brief: Steve Madden is suing Adidas for allegedly using anticompetitive efforts to monopolize “common design features” in the fashion industry, namely stripes. In court documents filed last week, Steve Madden asked the court to confirm that two of its sneaker designs, the Viento and Janos, don’t infringe on Adidas’ trademarks. Both are low-top, lace-up sneakers that feature two nonparallel stripes. Attorneys for Steve Madden said the company is “tired of being targeted by Adidas” regarding footwear that bears “no resemblance” to Adidas’ trademarked three stripe design, and further argued that no customer is likely to believe the sneakers are associated with Adidas. Dive Insight: Adidas has federal trademark protection on a three parallel stripe design in specific locations on certain items of clothing and shoes. Attorneys for Steve Madden said Adidas has complained about the designs on Steve Madden’s Viento and Janos sneakers, which include a “divergent band” design and a “K” design, respectively. Adidas filed a request in April to extend its time to oppose Steve Madden’s trademark application for the K design, and its lawyers reached out to Steve Madden about concerns over the divergent band design, per the complaint. Variations of two bands on footwear are common in the fashion industry, Steve Madden said in the complaint, which also includes images of several sneakers with two-band designs from labels including Converse, Veja, Tommy Hilfiger and Bally. “Simply put, Adidas does not own all stripes and should not be allowed to claim that it has a monopoly on all footwear that includes stripes, bars, bands or any shape having four sides — parallel, straight or not,” attorneys for Steve Madden said in the complaint.Images in a court document of two sneakers. Adidas has sued Steve Madden over stripes before. In 2002, the Germany-based company filed one complaint over a four parallel stripe design and another one over a two parallel stripe design, per the complaint. The two lawsuits were combined, and both parties reached a settlement in 2003. Steve Madden is seeking a jury trial in the latest complaint, which was filed in the U.S. District Court for the Eastern District of New York. The footwear brand also is asking for a declaratory judgment of non-infringement and ruling that states no unfair competition between the companies. An Adidas spokesperson declined to comment. Steve Madden isn’t the only brand that Adidas has targeted with litigation over its three stripe design. Adidas sued Thom Browne in yearslong litigation over the use of stripes both in the U.S. and the U.K. Ultimately, judges ruled in favor of Thom Browne in both instances. Story Continues Recommended Reading 5 fashion lawsuits and legal trends to watch in 2025 View Comments |
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| 27.05.25 14:26:04 | Hackers steal Adidas customer data in cyber attack | |
| Adidas said customers’ personal information has been stolen in a cyber attack. The sportswear giant said hackers stole “mainly” contact information of people who have dealt with its customer service desk. Passwords, credit card information and payments-related data are not affected by the breach, it said. The Adidas hack comes after Marks & Spencer, Co-op and Harrods faced massive disruption in recent weeks following cyber attacks. Marks & Spencer said last week that the hack would cost it about £300 million after being targeted around the Easter weekend. Adidas said: “Adidas recently became aware that an unauthorised external party obtained certain consumer data through a third-party customer service provider. “We immediately took steps to contain the incident and launched a comprehensive investigation, collaborating with leading information security experts. “The affected data does not contain passwords, credit card or any other payment-related information. “It mainly consists of contact information relating to consumers who had contacted our customer service help desk in the past. “Adidas is in the process of informing potentially affected consumers as well as appropriate data protection and law enforcement authorities consistent with applicable law. “We remain fully committed to protecting the privacy and security of our consumers, and sincerely regret any inconvenience or concern caused by this incident.” View Comments |
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