Lululemon continues to report strong growth and profits from its premium wear. Yet, no one can deny how solid Nike's brand has been historically over the years. Taking all these factors into ...
Nike shares tumbled 7% on Friday after the Air Jordan maker warned of lower sales in its first half as it replaces older styles with trendier sneakers, while Lululemon Athletica sank 16% as ...
Leticia Miranda is a Bloomberg Opinion columnist covering consumer goods and the retail industry. She was previously a business reporter at NBC News and a retail reporter at BuzzFeed News.
Apple faces a antitrust lawsuit, yet Wall Street ... may turn to the corporate sector. FedEx, Nike and Apple are set to be in the spotlight, while Lululemon (NASDAQ:LULU) slumped premarket after ...
Nike's new outfit design for the U.S. women’s Olympic team has been widely criticized on social media by athletes and fans ...
While Lululemon's gloomy forecast spotlights the challenges for retailers as customers reduce discretionary spending due to sticky inflation, Nike's projection signals its efforts to battle newer ...
The tech giant is reportedly facing a lawsuit from the U.S. Department of ... ‘Must Be A Very Capable Leader’ Nike Inc. NKE Nike shares saw a slight increase of 0.55%, closing at $100.82.
The apparel and footwear sectors are active after both Nike (NYSE:NKE) and Lululemon Athletica (NASDAQ:LULU) reported earnings late on Thursday. While Nike (NKE) warned of a short-term revenue dip ...
Brands like On Running, Hoka, and Lululemon are taking market share from Nike, while a trend away from chunky basketball sneakers and towards low-profile "terrace" shoes like the Adidas Samba is ...
Wall Street has put both Nike (NYSE: NKE) and Lululemon Athletica (NASDAQ: LULU) stocks on the discount shelf this year. The retailers are down 14% and 24% in 2024, respectively, even as the S&P ...
And alongside it, we've seen Lululemon Athletica (NASDAQ: LULU) become a major industry player. For all its success over the years, Nike doesn't hold a candle to its younger rival except in one ...
FedEx, Nike and Apple are set to be in the spotlight, while Lululemon (NASDAQ:LULU) slumped premarket after the athletic apparel retailer posted weak guidance on the back of slowing growth in ...