Nike shares are experiencing a decline on Wednesday, potentially due to the underwhelming earnings reports from Foot Locker and Abercrombie & Fitch. Both companies reported mixed results, leading to pressure on the broader apparel and athletic wear sector, including Under Armour.
Nike is offering discounts of up to 30% off on select sneakers and apparel during their Fresh Sales event. The sale features popular classics like the Air Force 1, Dunk, and Jordan Deja, as well as lesser-known gems like the Killshot 2 and P-6000. Don’t miss out on these stylish and affordable footwear options.
Top Wall Street analysts have recently upgraded their ratings for several prominent companies, including Cisco Systems, Nike, Teradyne, Microchip Technology, and Illumina. These upgrades come with increased price targets, suggesting a positive outlook for these stocks.
Recent insider selling activity has been observed in several prominent companies including Starbucks, Signet Jewelers, Nike, and The Trade Desk. While insider sales don’t guarantee a decline in stock prices, they can provide insights into potential market trends and investor sentiment.
Once synonymous with Melanie Chisholm, ‘Sporty Spice’ of the Spice Girls, sporty style is making a resurgence. Inspired by runway collaborations and the WNBA’s popularity, this trend celebrates athleticism and comfort. Chisholm reflects on her role in popularizing sporty fashion and the influence of her Liverpool upbringing. As fashion cycles, she emphasizes embracing individuality and the enduring appeal of sporty attire.
In anticipation of the upcoming Euros, Liverpool FC has released a new kit that pays homage to the club’s iconic 1984 away strip. The modern twist on the classic design features sweat-wicking technology to keep fans cool and comfortable. The kit is available in authentic and replica versions, with options for personalization. The official Liverpool FC store also offers a range of gift ideas and personalized items for under £10.
The Air Jordan 3 Retro in a new colorway is now available, but be quick as select sizes are already out of stock. Boasting a classic silhouette with a leather upper, foam midsole, and rubber outsole, these sneakers are a must-have for any sneaker enthusiast. Women’s sizes 5-10 and men’s sizes 3.5-10.5 are still available at Nike.com while supplies last. Become a Nike member to enjoy free shipping on orders over $50 and an extra 20% off select Jordan styles with code FAMDAYS.
The highly anticipated L’Art de L’Automobile x Nike NOCTA capsule collection has been fully revealed, offering a range of racing-themed apparel and accessories. Key pieces include the Bala Tech Jacket with its packable hood and internal shoulder straps, and the Racing Jacket featuring co-branding throughout. Waterproof pants, a jersey long-sleeve, NOCTA Gloves, and more complement the collection. The collaboration is set to drop on NOCTA’s website on April 25th at midnight EDT, followed by a release on Nike’s SNKRS platform on April 26th. Prices range from $32 USD to $350 USD.
Iowa Hawkeyes star Caitlin Clark has turned down an eight-figure offer from Ice Cube’s Big3 league to join the Indiana Fever of the WNBA. Despite the higher base salary offered by the Big3, Clark will benefit from increased national television exposure, leading to more sponsorship opportunities. Nike has already signed Clark to a $28 million, eight-year deal, making her one of the highest-paid WNBA players.
In a bid to optimize costs, Nike has announced the layoff of 740 employees at its Oregon headquarters, representing a 2% reduction in its global workforce of over 83,000. This move is part of a three-year plan to save $2 billion in expenses. The layoffs follow a recent string of workforce reductions by other major companies navigating challenging economic conditions.
