[ad_1] New York CNN — The Walt Disney Company has named Nike executive chairman Mark Parker as its new board chair, replacing longtime director Susan Arnold, whose term limit is expiring. Parker, a Disney board member since 2016, takes over Disney’s board at a time of transition for America’s largest …
Read More »Nike (NKE) Q2 earnings 2023
[ad_1] People walk past a store of the sporting goods retailer Nike Inc. at a shopping complex in Beijing, China March 25, 2021. Florence Lo | Reuters Nike on Tuesday reported quarterly results that easily topped Wall Street’s expectations, even as higher costs squeezed the company’s margins. Shares of Nike rose …
Read More »5 things to know before the stock market opens Monday, December 19
[ad_1] A trader works on the trading floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 14, 2022. Andrew Kelly | Reuters Here are the most important news items that investors need to start their trading day: 1. Holiday blues U.S. stock markets are on …
Read More »Earnings, data should give clues on Fed moves
[ad_1] CNBC’s Jim Cramer on Friday looked ahead to next week’s earnings and economic data calendar, which will provide fresh insights on Wall Street’s primary worry: whether the Federal Reserve’s interest rate-hiking campaign will tip the U.S. into a recession. “We want the Fed to talk a big game, without …
Read More »Nike, Kyrie Irving split up after antisemitism controversy
[ad_1] BROOKLYN, NY – DECEMBER 2: Kyrie Irving #11 of the Brooklyn Nets prepares to shoot a free throw during the game against the Toronto Raptors on December 2, 2022 at Barclays Center in Brooklyn, New York. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or …
Read More »Goodwill helps bring thrifting into the mainstream with online store
[ad_1] Whether consumers are looking to save or are hunting for a buried treasure, the resale business is booming. During the Covid pandemic, secondhand stores such as eBay, the RealReal and ThredUp thrived online. So-called recommerce grew nearly 15% in 2021 — twice as fast as the broader retail market and …
Read More »Cano Health is a buy
[ad_1] Hasbro Inc: “I actually don’t even like the toy companies right now. … Let’s wait for now.” Viatris Inc: “I don’t like those guys. I do think that [Johnson & Johnson] is going to spin off its consumer product company, and that’s going to be very, very good.” IAC …
Read More »Inflation to dampen holiday spending, retail trade group forecasts
[ad_1] Shoppers ascend and descend an escalator at the Willow Grove Park Mall in Willow Grove, Pennsylvania, November 14, 2020. Mark Makela | Reuters Getting shoppers to spend this holiday season won’t be easy. The National Retail Federation said Thursday that it expects holiday sales during November and December to …
Read More »Buy this resilient sports retailer with strong Nike ties, Bank of America says in upgrade
[ad_1] Hibbett ‘s strong relationship with Nike should help boost share gains for the sporting goods company going forward, Bank of America said. Analyst Alexander Perry upgraded shares of Hibbett to buy from neutral and upped the bank’s price target on the stock to $75 from $66 share in a …
Read More »How Lululemon competes against Athleta, Alo, Gymshark, Nike and Adidas
[ad_1] Lululemon is a multibillion-dollar leader in the high-end active wear category that owns and operates 600 stores, 40 of which are located in Europe. Its roots date back to 1998 when it opened as “Lululemon Athletica,” a yoga-wear brand geared toward women and yoga enthusiasts. With in-store services, a …
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