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Footwear Sector Could Be Headed For Ugly Back-To-School Season
Tuesday, August 7, 2018 - 9:08am | 902Back-to-school season could be an ugly one, according to an industry expert. Many smaller activewear brands like Reebok, Fila and Puma have been performing, but for the industry to do well as a whole, NPD Group's Matt Powell said big brands need to be showing growth. “We...
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Morgan Stanley Picks Nike Over Foot Locker, Says Brand's Growth May Not Translate To Retail Partner
Thursday, August 2, 2018 - 3:53pm | 707Following the investment mantra of brands over retailers, Morgan Stanley named Nike Inc (NYSE: NKE) a top pick this week. The Analyst Morgan Stanley analyst Lauren Cassel initiated coverage of Nike with an Overweight rating and $88 price target. The analyst initiated coverage...
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5 Analysts On Q1 Retail Earnings
Friday, May 18, 2018 - 4:01pm | 872Retailers issued a barrage of quarterly reports this week that for the most part reinforced the sell-side's prior ratings. Here are some of the analyst's reactions. JCPenney's 'Disappointing' Quarter J C Penney Company Inc (NYSE: JCP) missed Street estimates...