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Under Armour (UA) Strengthens Core Business Despite Curry Partnership Ending
Yahoo Finance· 2025-11-29 18:29
Under Armour Inc. (NYSE:UA) ranks among the best short squeeze stocks to buy right now. Telsey Advisory Group announced on November 18 that Under Armour Inc. (NYSE:UA) and basketball player Stephen Curry will part ways in 2026 after a 12-month wind-down period. The firm reiterated its Market Perform rating and $5 price target for the company’s shares. The basketball division of Under Armour, which includes the Curry brand, is expected to generate around $100 million – $120 million in revenue during the c ...
Puma Shares Surge as China’s Anta Sports Weighs Potential Bid
Yahoo Finance· 2025-11-28 01:53
Chinese sports apparel company Anta Sports Products Ltd. is among firms exploring a potential takeover of Puma SE, according to people familiar with the matter. Most Read from Bloomberg Hong Kong-listed Anta has been working with an adviser to evaluate a bid for Puma, said the people, who asked not to be identified because the information is private. The company may team up with a private equity firm if it decides to move forward with an offer, some of the people said. Puma shares surged 19% in Frankfur ...
NIKE Greater China Sales Fall 10%: Can Global Playbook Bring Balance?
ZACKS· 2025-11-27 18:51
Core Insights - Greater China is crucial for NIKE Inc.'s long-term growth, but the region experienced a 10% revenue decline in the first quarter of fiscal 2026, marking a significant setback for the brand [1][10] - Despite challenges in China, management emphasized the region's strategic importance and noted growth in specific categories like running, supported by product innovations [2] Revenue Performance - NIKE Direct and digital sales in Greater China saw a double-digit decline, while wholesale revenue decreased by 9%, attributed to softer traffic and elevated promotions [1] - North America showed a 4% revenue growth, driven by strong performance in running, training, and basketball, alongside improved wholesale relationships [3][10] - EMEA and APLA regions experienced modest revenue growth, although they faced increased promotional activities and weaker digital demand [3][10] Strategic Initiatives - The implementation of the Sport Offense operating model is yielding clearer consumer insights and faster innovation cycles, enhancing retail experiences and contributing to revenue growth [4] - NIKE plans to synchronize its global product engine and improve storytelling around key sports moments to balance performance across different regions [5] Competitive Landscape - lululemon athletica inc. reported a 25% revenue increase in Mainland China, showcasing resilience in its international strategy despite pressures in the U.S. market [7] - adidas AG achieved a 10% growth in Greater China, supported by strong direct-to-consumer momentum and a balanced global strategy [8] Financial Metrics - NIKE's shares have declined by 14.4% year-to-date, compared to a 17.1% decline in the industry [9] - The company trades at a forward price-to-earnings ratio of 30.99X, higher than the industry average of 26.74X [11] - The Zacks Consensus Estimate indicates a 24.1% year-over-year decline in fiscal 2026 earnings, with a projected growth of 54.2% for fiscal 2027 [12]
How Is NIKE's Stock Performance Compared to Other Consumer Staples Stocks?
Yahoo Finance· 2025-11-27 13:52
Beaverton, Oregon-based NIKE, Inc. (NKE) designs, produces, markets, and sells athletic footwear, apparel, equipment, accessories, and services. Valued at $94.1 billion by market cap, the company offers products under the trademarks NIKE, Jumpman, Converse, All Star, Star Chevron, and Jack Purcell, as well as operating digital platforms with fitness apps, wellness content, and retail services. Companies worth $10 billion or more are generally described as “large-cap stocks,” and NKE perfectly fits that de ...
Puma Shares Surge on Takeover Speculation
WSJ· 2025-11-27 08:54
Core Insights - The media report indicates potential takeover interest from China's Anta Sports, coinciding with the group's efforts to improve its financial performance [1] Company Summary - Anta Sports is currently attempting to turn its fortunes around, suggesting a strategic shift or restructuring within the company [1]
Puma shares pop 13% after report China's Anta Sports is looking to buy the sportswear giant
CNBC· 2025-11-27 08:07
Core Insights - Puma's shares increased by over 13% following reports of interest from China's Anta Sports in acquiring the brand [1] - Other potential suitors for Puma include Chinese apparel firm Li Ning and Japan's Asics Corp, according to unnamed sources [2] - Puma is facing challenges with excess inventory and rising marketing costs under new CEO Arne Freundt, leading to a forecast of slower profit growth [1] Company Overview - Puma's flagship store is located in Berlin, Germany, showcasing its brand presence [1] - The company is currently navigating a transition with new leadership and market pressures [1] Market Context - The interest from multiple firms, including Anta Sports, Li Ning, and Asics, indicates a competitive landscape in the athletic apparel market [2] - The potential acquisition interest reflects the strategic value of Puma in the global sportswear industry [2]
Stifel Upgrades Deckers Outdoor (DECK) to ‘Buy’ Citing Strength in Hoka, Favorable Ugg Outlook
Yahoo Finance· 2025-11-25 13:07
Deckers Outdoor Corporation (NYSE:DECK) is one of the most profitable large cap stocks to buy right now. On November 18, Stifel upgraded Deckers Outdoor to Buy from Hold, while keeping the price target unchanged at $117. This sentiment was posted after the firm hosted management meetings with investors. Stifel reported that the company’s management expressed confidence in the company’s future, specifically anticipating growth for the Hoka brand and favorable supply and demand for Ugg. Earlier in its FQ2 2 ...
NIKE, Inc. Announces Second Quarter Fiscal 2026 Earnings and Conference Call
Businesswire· 2025-11-24 22:00
BEAVERTON, Ore.--(BUSINESS WIRE)--NIKE, Inc. (NYSE: NKE) plans to release its second quarter fiscal 2026 financial results on Thursday, December 18, 2025, at approximately 1:15 p.m. PT, following the close of regular stock market trading hours. Following the news release, NIKE, Inc. management will host a conference call beginning at 2:00 p.m. PT to review results. The conference call will be broadcast live over the Internet and can be accessed at https://investors.nike.com/. For those unable t. ...
ANTAZERO X KRIS VAN ASSCHE fait ses débuts mondiaux au Dover Street Market Paris
Prnewswire· 2025-11-23 23:42
Core Insights - ANTA launched its co-created collection with Belgian fashion designer Kris Van Assche, named ANTAZERO X KRIS VAN ASSCHE, on November 21, 2025, at Dover Street Market Paris, marking a significant entry into the global fashion landscape focused on sustainable innovation [1][10]. Product Details - The ANTAZERO X KRIS VAN ASSCHE collection blends Parisian elegance with athletic innovation, redefining performance wear that transitions seamlessly from the track to the city [1]. - The collection features outerwear and knitwear made from recycled nylon, including winter down jackets, padded coats, skirts, two-piece sets, and jackets, promoting circular resource use and reducing reliance on petroleum-derived materials [4][5]. - The collection also includes vegan leather pieces made from mycelium, highlighting sustainable, low-carbon material benefits while merging high-fashion design with innovative materials [7][8]. Launch and Availability - The global launch at Dover Street Market Paris was preceded by a presentation in Shanghai in September 2025, showcasing a dialogue between Shanghai and Paris, and the intersection of sport and fashion [4][10]. - The collection will be available in ANTAZERO stores, select ANTA stores, and online platforms starting November 25, 2025, with a selection organized by B1OCK from December 1 to 14, 2025 [11]. Brand and Designer Background - ANTA Sports, founded in 1991, is a leading Chinese sportswear company committed to providing professional and technological products globally [12]. - Kris Van Assche, a Belgian designer known for his innovative work with Dior Homme and Berluti, brings a distinctive vision of modern elegance to this collaboration [14].
On昂跑大湾区最大门店揭幕,广州体育品牌开店井喷
Nan Fang Du Shi Bao· 2025-11-22 08:21
Core Insights - On has officially opened its largest store in the Greater Bay Area in Guangzhou, themed "Hello, Guangzhou!" This store aims to connect urban nature with an active lifestyle, reflecting the brand's design aesthetics and local cultural elements [2][4]. Company Strategy - The opening of the new store is part of On's strategic initiative to deepen its presence in the Chinese market and strengthen local community ties. The store is designed to cater not only to runners but also to engage with the local youth community [4][12]. Store Design and Features - The store's design draws inspiration from the running routes in Tianhe Park, featuring modern architectural elements that mimic natural landscapes. The interior showcases a festive atmosphere with a visual theme centered around oversized shoelaces, highlighting the blend of functionality and lifestyle aesthetics [5]. Financial Performance - On reported a 24.9% year-on-year revenue increase for Q3, reaching 794.4 million Swiss francs (approximately 7.09 billion RMB). The gross margin rose to 65.7%, and net profit surged by 289.9% to 119 million Swiss francs (about 1.06 billion RMB). The Asia-Pacific market was a significant growth driver, with a 109.2% revenue increase [8]. Market Context - Guangzhou's sports industry has seen substantial growth, with total sports consumption projected to reach 63.125 billion RMB in 2024. The city has introduced 999 new retail stores since 2021, with 49% located in the Tianhe District, indicating a strong trend in sports brand expansion [8][9]. Local Sports Culture - The development of running culture in Guangzhou is supported by government initiatives, including funding for community sports events. The city has implemented 66 new sports facilities, enhancing access to fitness activities and contributing to the local economy [10][12].