Good news: Nike is trying to turn itself around. Bad news: Nike really needs a turnaround.Shares of shoes and sportswear company Nike (NKE -2.49%) gained 1.4% on Thursday before turning tail and losing nearly twice that much Friday. As of 12:45 p.m. ET, the stock is down 2.7%.Believe it or not, both the gain and the loss may have the same cause. Converse's new CEO laces upAs Retail Dive reported yesterday, Nike has decided to release Jared Carver from his role of Converse CEO. In an internal memo, the compa ...

More than half of Nike’s shoes are made in Vietnam, a country that’s become a key manufacturer for thousands of American companies. Now, it’s a focus of Trump’s trade war. Bloomberg Originals explains why https://t.co/RpZpWgHe6S https://t.co/9cNc5WD5KR ...

A land once devastated by American bombing now accounts for half of Nike’s global shoe production. Hundreds of other American companies and their suppliers have manufacturing bases in Vietnam too. As the Southeast Asian country’s annual GDP climbed, exports to the US grew.Now, Vietnam is one of the countries most dependent on American trade. The United States is Vietnam’s largest export market. Vietnam’s massive trade surplus with the US has made it a key target for Donald Trump.The problem is they charge u ...

18 Of Our Favorite Jelly Shoes For Peak Summer Vibeshttps://t.co/2PNyOJNvD9 https://t.co/GAxN7Fr8pH ...

Key Takeaways Wolverine's Q1 adjusted gross margin hit 47.3%, up 80 bps, on mix, pricing and supply savings. Saucony, Merrell and Sweaty Betty drove gains through premium pricing and reduced promotions. Diversified sourcing and targeted price hikes help Wolverine counter cost pressures and tariffs.Wolverine World Wide, Inc. (WWW) began fiscal 2025 with strong momentum, highlighted by a record gross margin and clear progress on operational efficiency. In the first quarter, adjusted gross profit rose 7.3% y ...

RT ForbesWomen (@ForbesWomen)Catarina Macario, a midfielder for the U.S. national team, will be one of the highest-paid players in women's soccer thanks to a new shoe and apparel deal with Nike. (Photo: Robin Alam/ISI Photos via Getty Images) https://t.co/alRRhcZlSO https://t.co/a8788gDgVW ...

Key Takeaways Tapestry's omnichannel approach boosts revenues, profitability and customer connections. Q3 digital sales grew in mid-teens and store sales saw a mid-single-digit rise, digital being 30% of revenues. Creative retail formats and marketing boost traffic, retention and purchase levels.Tapestry, Inc.’s (TPR) omnichannel strategy is a significant competitive advantage, strengthening customer engagement while driving revenue growth and profitability. The seamless integration of digital and physica ...

Key Takeaways URBN's Q1 sales hit $1.33B, up 10.7% y/y, with all brands posting positive comparable sales gains. Free People grew 11% y/y on retail, wholesale and FP Movement strength; Nuuly revenues jumped 59.5%. Anthropologie posted a 6.9% comp and 10th straight profit rise; Urban Outfitters showed U.S. recovery.Urban Outfitters Inc. (URBN) began fiscal 2026 with record first-quarter sales of $1.33 billion, up 10.7% year over year. All five brands in the portfolio delivered positive comparable sales, fu ...

Core Viewpoint - The current stock market cycle is heavily influenced by the popularity of artificial intelligence and semiconductor sectors, while the retail sector, particularly On Holding, presents significant investment opportunities due to its recent performance and growth potential [2][10]. Group 1: Market Performance - The SPDR S&P Retail ETF (XRT) has experienced a rally of up to 24% over the past quarter, indicating bullish momentum in the retail sector [2]. - On Holding's stock trades at approximately 85% of its 52-week high, while competitors like Lululemon and Nike are at 59% and 82% of their respective highs [5][6]. Group 2: Company Comparison - On Holding has a market capitalization of $17.1 billion, significantly smaller than Nike's $112 billion, which offers a better risk-to-reward ratio for growth potential [6]. - On Holding's price-to-book (P/B) ratio is at 20.0x, compared to Nike's 8.0x, suggesting that the market is willing to pay a premium for expected outperformance [8]. Group 3: Financial Performance - On Holding reported a 43% annual growth in revenue, attributed to its increasing market share [10]. - The company's gross profit margin reached 59.9%, one of the highest in the industry, with its wholesale division contributing 38.1% to net revenue [12]. - Despite a reported net loss due to currency exchange rates, On Holding would have delivered a significant earnings beat on an adjusted basis, leading to a positive market reaction [13][14].

Core Insights - Deckers Outdoor Corporation (NYSE: DECK) has reported strong financials but has seen mediocre stock performance since its Q3 earnings release at the end of January, which included guidance that was lower than Wall Street expectations [1] Financial Performance - The company posted its Q3 earnings at the end of January, indicating robust financial health [1] Market Reaction - Following the Q3 earnings report, the stock price has not performed well, attributed to the lower-than-expected guidance provided by the company [1]