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Nike's New 'Dream Crazy' Ad Is Narrated By Colin Kaepernick
Wednesday, September 5, 2018 - 4:39pm | 407Nike 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 "...
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What The Kaepernick Campaign Means For Nike
Tuesday, September 4, 2018 - 4:52pm | 889Nike 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...
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NPD Group: Vans A Winner In Weak Back-To-School Season
Tuesday, August 28, 2018 - 2:46pm | 554The 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....
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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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Puma Takes Over NBA Draft Conversation With Basketball Footwear Push
Wednesday, June 20, 2018 - 2:03pm | 965When Puma AG Rudolf Dassler Sport (OTC: PMMAF) announced a comeback attempt in basketball earlier this year, it turned heads in the industry. Why is the brand that has had a really strong run in sportswear over the past few years entering a struggling performance basketball footwear market? A...
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Take Solace, Soccer Fans: US Will Host The 2026 World Cup With Mexico, Canada
Wednesday, June 13, 2018 - 4:25pm | 661The 2018 FIFA World Cup kickoff Thursday serves as another painful reminder that the United States failed to qualify for the world’s biggest sporting event. U.S. Soccer just received a huge boost, though, after being named a 2026 World Cup Host alongside Mexico and Canada. What Happened...
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Retail Expert: A Lululemon Footwear Business Could Surpass Apparel Business If Done Right
Tuesday, June 5, 2018 - 11:16am | 621Coming off a stellar first-quarter report, Lululemon Athletica, inc. (NASDAQ: LULU) has emerged as a clear winner in the athleisure era. Shares of the apparel brand are up nearly 59 percent year-to-date and have more than doubled over the past year amid several PR missteps and the resignation of...
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Will Legal Sports Betting Force The NCAA To Pay Its Athletes?
Thursday, May 31, 2018 - 8:33am | 935With states now free to pursue legal sports betting, the NCAA will likely face even more pressure to finally compensate its players with more than scholarships. The National College Athletic Association is perhaps the most vulnerable to potential corruption among players in the wake of the Supreme...
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Gen Z's Appetite For Luxury Drives LVMH, Kering To All-Time Highs
Friday, April 13, 2018 - 3:18pm | 921The shares of French luxury fashion houses LVMH Moet Hennessy Louis Vuitton SE (OTC: LVMHF) and KERING S A/ADR (OTC: PPRUY) hit all-time highs this week in a resurgence of luxury brands in the retail sector. LVMH noted in its first-quarter report this week that organic growth reached 13...
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Tiger Woods Still Has 'Halo Effect' On TV Ratings
Monday, April 9, 2018 - 5:19pm | 843Tiger Woods may not have been in contention to win his fifth Green Jacket at Augusta National on Sunday at the Masters, but the Tiger halo effect on TV ratings is still very real. It had been 1,089 days since Tiger Woods had played Augusta National before the opening round Thursday and,...
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JD Sports' $588-Million Finish Line Purchase Is Positive For Both Companies
Tuesday, March 27, 2018 - 4:44pm | 641After several months of speculation, Finish Line Inc (NASDAQ: FINL) announced it has been acquired by a U.K. retailer, but not the one that was previously named. JD Sports, known as one of the premier footwear retailers in the U.K., has purchased the Indianapolis-based footwear retailer for $588...
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Puma Delivers A Record 4 Billion Euros In Sales In 2017
Monday, February 12, 2018 - 4:35pm | 629Puma AG Rudolf Dassler Sport (OTC: PMMAF) capped a successful 2017 after announcing it has delivered sales of over 4 billion euros in 2017, a record for the German sportswear company. Every geographic region contributed to more than double-digit sales growth in fiscal 2017, and footwear continued...
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Nike Back On Top With Best-Selling Shoe Of 2017
Sunday, February 11, 2018 - 1:46pm | 844NPD Group has released their annual list of the top 10 best-selling shoes. Benzinga spoke with NPD’s sports industry analyst Matt Powell about 2017's top sellers. No. 1: Nike Tanjun Nike Inc (NYSE: NKE)'s mid-market favorite topped the list this year, replacing the Adidas...
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In Sports Retail, Expect A Challenging Year
Sunday, January 14, 2018 - 11:43am | 848For sports retail, 2018 will likely be remembered as a year of transition. What does that mean? Expect slow or stagnant growth as the industry addresses key issues. Plagued by significant markdowns, shifting consumer tastes and an oversupply of off-trend products, 2017 was a...
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Your End-Of-Year Guide To Apparel, Footwear, Fitness Stocks
Wednesday, November 29, 2017 - 9:19am | 708Baird Equity Research is encouraged by improving retail sales and is advocating for investors to maintain exposure to cold-weather brands and vendors — while steering clear of brick-and-mortar retailers. With colder year-over-year weather in the Midwest and Northeast over the holidays...