Co-founder Jodie Fox on how losing a deal with Nordstrom led her company to succeed with mass-customized, on-demand footwear.
Morgan Stanley believes Nike's sales growth will improve due to its new products such as the Air VaporMax.
June 29- Nike Inc, the world's largest footwear maker, reported quarterly revenue and profit that topped Street estimates as the company kept a lid on costs and saw greater demand in Western Europe, China and emerging markets. Sales in Western Europe, Nike's second-largest market, were up 4 percent in the fourth quarter ended May 31. Nike's net income rose to $1...
June 29- Nike Inc, the world's No. 1 footwear maker, reported quarterly revenue that beat analysts' estimates, helped by higher demand in Western Europe, China and emerging markets. Shares of the Dow component were up 3.2 percent at $54.87 in after-market trading on Thursday. Nike's net income rose to $1 billion, or 60 cents per share, in the fourth quarter ended May 31,...
June 27- Activist investor Marcato Capital Management on Tuesday warned Deckers Outdoor Corp that it seeks to shake up management and the board by replacing all directors unless the footwear maker sells itself at an attractive price. In a letter to the board, the San Francisco- based hedge fund said Deckers management has long ignored shareholders'...
June 27- Activist investor Marcato Capital Management on Tuesday warned Deckers Outdoor Corp. that it seeks to shake up management and the board by replacing all directors unless the footwear maker sells itself at an attractive price. In a letter to the board, the San Francisco- based hedge fund said Deckers management has long ignored shareholders'...
JPMorgan lowers its rating on Nike shares to neutral from overweight, saying the company will miss earnings expectations next year.
Citi Research recommends Skechers shares, saying its new products will drive earnings above expectations next year.
CNBC's Sara Eisen reports the highlights of Adidas' quarterly earnings and her interview with CEO Kaspar Rorsted.
HERZOGENAURACH, Germany/ NEW YORK, April 7- Adidas launched a new sneaker on Friday with a 3 D-printed sole that it plans to mass-produce next year, part of a broader push by the German sportswear firm to react faster to changing fashions and create more customized products. That's because traditional 3 D printers are slower, more expensive and often create an...
Rick Helfenbein, American Apparel & Footwear Association (AAFA) president and CEO, discusses the impact of a border adjustment tax on the retail industry.
Rick Helfenbein, American Apparel & Footwear Association (AAFA) president and CEO, discusses the industry's hopes for trade out of the meeting between U.S. President Donald Trump and China President Xi Jinping.
Susan Anderson, FBR Capital Markets, discusses the call to downgrade Under Armour to "underperform" on competition and innovation pressures.
Shares of footwear company Skechers dropped Wednesday after the stock was downgraded by Susquehanna Financial Group.
Discussing Nike's quarterly earnings and growth trajectory with Scott Krasik, Buckingham senior equity research analyst, and Matthew McClintock, Barclays analyst.
March 21- Nike Inc, the world's largest footwear maker, reported lower-than-expected quarterly revenue on Tuesday amid intense competition from a resurgent Adidas AG and Under Armour Inc in North America. Shares of the Dow component were down 1.7 percent at $57.00 in after-market trading on Tuesday. Nike's net income rose to $1.14 billion, or 68 cents per share,...
Justin Schneider, Wolf & Shepherd founder, discusses the technology of sports footwear for the office.
Adidas CEO Kasper Rorsted talks about the success of the company's collaboration with Kanye West.
Adidas CEO Kasper Rorsted speaks to CNBC's Sara Eisen about the company's business and the Trump administration's "America First" policies.
Dick Johnson, Foot Locker chairman & CEO, discusses the retailer's new Times Square megastore and his outlook for footwear and athletic apparel.