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Air Jordan Shoes Too Expensive? This Retailer Lets Consumers Rent To Own, 'Walk Now, Pay Later'
Wednesday, January 17, 2024 - 3:05pm | 738Over the years, Air Jordan shoes from Nike Inc (NYSE:NKE) have become popular to wear, collect and to invest in thanks to the lasting legacy of NBA superstar Michael Jordan and the popular shoe brand. While Jordan shoes may be out of reach for some financially, a retailer has a way to make things...
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'90s TV Star Topanga Is A Sneaker Head: Her 5 Favorites
Friday, July 7, 2023 - 1:38pm | 776People who grew up in the 1990s will remember the hit television series “Boy Meets World.” Known for her role as Topanga, actress Danielle Fishel surprised fans Friday when she revealed that she is a sneakerhead, a phrase used for collectors of sneakers. What Happened: Fishel said she...
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If You Invested $1,000 In Nike Stock When Air Jordan Shoes Were Released, Here's How Much You'd Have Now
Friday, June 30, 2023 - 1:01pm | 701Apparel and footwear company Nike Inc (NYSE: NKE) is one of the best-known brands in the world. The company completed an IPO in 1980 and has been publicly traded since. Here’s a look at a key event in the company’s history that helped Nike’s future and how it helped investors...
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If You Invested $1,000 In Nike Stock When Air Jordan Shoes Were Released, Here's How Much You'd Have Now
Wednesday, September 15, 2021 - 7:45am | 520Nike Inc (NYSE: NKE) is one of the most well-known brands in the world. The company completed an IPO in 1980 and has been publicly traded since. Here’s how a key event in 1985 influenced the share price rise over the last 36 years. What Happened: From 1972 to 1984, Nike’s sales...
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Here's How Long It Took Nike To Reach A $100B Market Cap
Tuesday, March 3, 2020 - 9:15am | 816In 1964, the company that would become Nike Inc (NYSE: NKE) was basically co-founder Phil Knight driving around the Pacific Northwest selling running shoes imported from Japan out of the back of his car. The "company" made about $8,000 in revenue. Then came the fitness boom of the late...
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Retro Sneakers Are The Fastest Growing Footwear Category
Wednesday, June 22, 2016 - 9:58am | 296Investors who are assuming that basketball shoes are the fastest growing footwear category need to take a closer look at the sector, at least according to a report by the Wall Street Journal. According to the Wall Street Journal, reissued or "heritage" shoes outpaced all other shoe categories last...
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Michael Jordan Still Dominates Basketball 13 Years After Retirement
Tuesday, February 16, 2016 - 11:32am | 316In a new report, analyst Kate McShane breaks down the results of Citi Research’s annual U.S. basketball footwear survey. McShane identifies the top trends in basketball footwear and which stocks are Citi’s top footwear picks. According to the report, Michael Jordan and Nike Inc (...
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Who Would You Rather… Nike vs. Adidas
Tuesday, November 12, 2013 - 2:24pm | 590The athletic apparel market is one of the largest and most profitable in the world, but that isn't news to anyone over the age of, say, 10 years old. What else is not news is the fact that Nike (NYSE: NKE) and Adidas (OTC: ADDYY) are two of the world's biggest players in the athletic apparel game...