Matt Powell

Golf is back, and that's not a reference to the 2019 PGA Tour. After years of doom and gloom in the industry, golf has received some of the best news it has in a while short of Tiger Woods' resurgence last year. After facing declines in the previous year, the U.S. golf retail business...

Amid the rise of sportswear and the fall of performance apparel, Puma AG Rudolf Dassler Sport (OTC: PMMAF) the quintessential casual sportswear brand, is properly positioned for the trend, according to Cowen.  The Analyst  Analyst John Kernan initiated coverage of Puma's...

British fashion retailer Asos PLC/ADR (OTC: ASOMY) shares are down 44 percent since Friday after the company released a profit warning. Asos CEO Nick Beighton said the drop is due to an staggering amount of discounting items, according to The Guardian.  “In fashion we are seeing an...

Nike Inc (NYSE: NKE) looks promising ahead of its earnings report next week, according to Wedbush. The Analyst Analyst Christopher Svezia maintains an Outperform rating on Nike with a $90 price target. The Thesis Ahead of the Nike second-quarter report scheduled for Dec. 20, Svezia said underlying...

Nike Inc (NYSE: NKE), the world’s largest footwear brand, might be one of the companies least affected by potential future tariffs. Self-proclaimed "Tariff Man" President Donald Trump and Chinese President Xi Jinping agreed to a temporary trade truce Saturday, with the U.S...

Its popularity may be declining, but Michael Kors Holdings Ltd (NYSE: KORS) is still far and away the preferred handbag among teens. Thirty percent of female respondents said that Michael Kors is their preferred handbag brand, according to Piper Jaffray's latest "Taking Stock With...

With the NBA season officially underway, all eyes will be on LeBron James and the new-look Los Angeles Lakers. Many have called James' decision move to the West Coast as much of a business decision as it was a basketball decision, as the superstar looks to expand his media empire and compete...

Tiger Woods' historic comeback win at the Tour Championship leading into this week's Ryder Cup has given new life to golf and has been a dream for networks — but will it help golf sales? Woods removed "the weight off his shoulders" by winning a tournament, media analyst...

Nike Inc (NYSE: NKE) cemented its relationship with Colin Kaepernick as a brand ambassador after doubling down on the controversial ex-NFL star by featuring him in an upcoming commercial. What To Know The advertisement is a part of a greater campaign celebrating the 30-year anniversary of "...

Nike Inc (NYSE: NKE)'s decision to enlist Colin Kaepernick among others in a powerful advertising campaign has captivated many. Both #Nike and #BoycottNike were trending by Tuesday morning. Some called it one of the most controversial decisions Nike has ever made, a bold claim for a...

The sales data more than halfway through the 2018 back-to-school season has been disappointing, according to a report from retail sales tracker NPD Group.  From June 3 through July 28, sales of athletic footwear in the U.S. were essentially flat year-over-year, said NPD analyst Matt Powell....

The resurgence in interest in luxury goods in North America is boosting the luxury resale market. Not only are sales of secondhand luxury items growing, the luxury resale market can offer a window into what consumers deem are the hottest items of the moment — and combats the excessive waste...

Burberry Group plc (OTC: BURBY), the iconic British fashion brand has largely been left out of the luxury fashion renaissance in the U.S. Notably, it has been Generation Z’s appetite for luxury goods that drove competitors LVMH Moet Hennessy Louis Vuitton SA (OTC: LVMUY) and Gucci owner...

Back-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...

Retro apparel and footwear trends continue to be a source of strength for large apparel brands, but the market's appetite for vintage styles has also given rise to several nostalgia brands that were once nearly forgotten. Brands like Iconix Brand Group Inc (NASDAQ: ICON)-owned Pony, K-Swiss...