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Nike boasts robust brand equity and holds a dominant position in an industry that is poised for sustained growth. The new CEO is prioritizing innovation through a multiyear cycle. Early indications suggest that the new management is preparing the company for a new phase of solid growth.
Major League Baseball intends to make changes to the widely ridiculed Vapor Premier uniforms designed by Nike Inc (NYSE:NKE, ETR:NKE) and manufactured by Fanatics. The designs have garnered universal hate among fans, players and the union, with perhaps only the more voyeuristic spectators seeing their appeal: Thinner materials used in the pants make them partially see-through.
Don't presume Ulta Beauty is struggling right now because it's doing something wrong, or that its problems are permanent. Its roots are basic e-commerce and cloud computing, but Amazon is becoming much more sophisticated on both fronts.
CNBC's annual stock draft is underway. Celebrities, athletes, and financial gurus join ‘Power Lunch' to make their picks.
Nike has been a terrible investment in recent years, and it's dealing with demand weakness. Lululemon regularly posts higher margins, and it has greater growth potential.
Caitlin Clark is reportedly adding to the $76,535 starting salary she'll make in the WNBA in a big way: with an eight-figure endorsement deal with Nike Inc.
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If you're looking for reliability in a crazed market, jump into safer blue-chip stocks. While they're not all the most exciting stocks on the market, they have proven themselves to be ultra-reliable in any economic environment.
Shares in Nike (NKE) will be in focus Monday after the sports apparel and equipment maker revealed via a notice filed on Friday that it plans to lay off 740 employees at its Beaverton, Oregon headquarters by the end of June, as the company forges ahead with a multi-year cost-cutting strategy.
Nike will lay off about 740 employees at its world headquarters in Oregon, a letter showed on Friday, as the top sportswear maker looks to rein in costs after warning of a revenue dip in the first half of fiscal 2025.