Is Nike Abandoning Foot Locker As It Tests Jordan-only Stores?
Nike is making a bigger move into DTC despite public declarations of support for Foot Locker.
Source: thestreet.com
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Stocks Edge Higher, Hawkish Powell Comments Lift Treasury Yields
U.S. stocks moved higher Tuesday, while Treasury bond yields extended their recent gains and the dollar consolidated its strength on foreign exchange markets, as investors continue to recalibrate growth and rate hike expectations while tracking developments in Russia's war on Ukraine.
Source: thestreet.com
Nike Made a Big Change. It Appears to be Working.
The sneaker giant's new approach to consumer sales is a hit online.
Source: thestreet.com
Stocks Higher, Powell Hawkish, Nike, Tesla, Apple-5 Things To Know
Stock futures higher as markets re-set to hawkish Powell, growth risks; Nike shares surge on Q3 earnings beat, upbeat outlook; Tesla set to deliver first Model y from Berlin gigafactory; Alibaba unveils record $25 billion share buyback and Apple resolves app system, Apple Music outage
Source: thestreet.com
Nike Earnings Preview: China, Inflation, Russia To Test Forecasts
Nike shares moved higher Monday ahead of its third quarter earnings report, with investors focused on the impact of supply chain disruptions, China's Covid surge and the fastest U.S. inflation rates in forty years on the the sports apparel giant's full-year outlook.
Source: thestreet.com