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Teens Find 100-Year-Old Converse To Be Cooler Than Under Armour
Wednesday, April 5, 2017 - 3:23pm | 496The current fashion cycle is favoring retro styles; companies with long, storied histories are bringing back and refreshing old classics. This bodes well for adidas AG (ADR) (OTC: ADDYY), Puma and Nike Inc (NYSE: NKE)'s Converse and poses a problem for Under Armour Inc (NYSE: UAA)'s...
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Piper Jaffray Downgrades Nike As Adidas And Others Have Hurt Its Growth
Thursday, September 8, 2016 - 10:40am | 370Nike Inc (NYSE: NKE) was downgraded to Neutral from Overweight (with a $58 price target) by analysts at Piper Jaffray. According to Piper Jaffray's Erinn Murphy, a downgrade justified following an on the ground fact finding mission across Europe, including meeting with Foot Locker,...
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Under Armour And Nike See Increase In Consumer Mindshare Due To Olympics
Friday, August 19, 2016 - 12:06pm | 349The Olympics are certainly about top global athletes coming together and competing for national pride. But the event is also a huge opportunity for a number of companies to capitalize on the massive worldwide audience. With this year’s Rio Games set to wrap up on Sunday, the latest data from...
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V.F. Corp's Contemporary Division Sale Welcomed By Canaccord Analysts
Friday, July 1, 2016 - 1:35pm | 284Canaccord Genuity reaffirmed its Buy rating on VF Corp (NYSE: VFC) and welcomed the apparel company's sale of its contemporary unit and expects similar deals in future. As part of its strategy to overhaul its portfolio, V.F. Corp agreed to sell its contemporary brands business to Israeli textile...
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Manchester United Shares Look Set to Score in New Era
Monday, June 3, 2013 - 1:50pm | 1303Global football powerhouse Manchester United (NYSE: MANU) shares could be set to perform well over the next twelve months as the self-proclaimed "world's most famous football club" reigns in a new era of management. With several catalysts set to work in the company's favor, investors would be wise...