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Last published 4mo ago

4mo agoLEVI NKE MCD ADS-DE+2The brands winning with World Cup advertising may not be the sponsorsCNBCThe World Cup winners and losers in advertising may be indicative of a broader trend of how people are responding to authentic branding.
7mo agoADS-DE ONON NKESwiss sneaker maker On Holding shakes up leadership amid slowing growthCNBCCo-founders to become co-CEOs as On prepares to enter its "next growth phase," the company said in a statement Wednesday.
8mo agoDKS NKE ADS-DEDick's Sporting Goods issues weak profit guidance as Foot Locker merger weighs on bottom lineCNBCDick's Sporting Goods' merger with Foot Locker led to a 60% increase in sales but a substantial decline in companywide profits.
8mo agoNKE PBYI ADS-DE PUM-DESportswear giant Adidas drops 8% after profit guidance disappointsCNBCAdidas shares have fallen about 43% over the past year as investors remain skeptical about the growth prospects of the global sportswear industry.
8mo agoONON NKE ADS-DESwiss sneaker maker falls 11% after record sales, as guidance falls short of expectationsCNBCOn is entering thee third and final year of its strategy to double sales by 2026 in a quest to "be the most premium global sportswear brand."
1y agoAEO CL ADS-DE GAPFrom American Eagle to Swatch, why brands seem to keep getting it so wrongCNBCAmerican Eagle, Swatch and Sanex have all sparked backlash recently over their seemingly tone deaf campaigns.
1y agoADS-DEAdidas slumps 7% as sportswear giant warns tariffs to drive up U.S. pricesCNBCThe world's second-largest sports retailer said that added costs associated with tariffs could total 200 million euros ($231 million) in the second half of this year.
1y agoONON ADS-DEHow On creates its spray-on running shoesCNBCSwiss sneaker company On is on a mission to reinvent the traditional running shoe through an unconventional manufacturing process.
1y agoADS-DE NKE ONONHow On is taking on Nike and Adidas in the sneaker raceCNBCNike and Adidas have long dominated the global sportswear market, but Swiss sneaker company On is quickly gaining ground.
1y agoPUM-DE BOSS-DE F PUMA-FF+1U.S. tariff pressure has retailers evaluating their pricesCNBCHousehold brands including Pandora, Puma and Hugo Boss have all said they are evaluating their pricing strategies in the U.S.
1y agoSKX NKE ADS-DESkechers to be acquired by 3G Capital in take-private deal, shares soar 25%CNBCFootwear giant Skechers will be acquired by 3G Capital for $63 per share, a 30% premium to its current valuation on the public markets.
1y agoNKE ADS-DE SKX UAA+1Footwear giants Nike, Adidas and others ask Trump for tariff exemptionCNBCNike, Adidas and Skechers co-signed a footwear industry letter to President Donald Trump this week asking him to exempt shoes from his broad tariffs.
1y agoADS-DEAdidas warns tariffs will lead to higher costs on its U.S. productsCNBC"Higher tariffs will eventually cause higher costs for all our products for the US market," Adidas said in a statement.
1y agoVFC W AEO FNKO+6Trump's massive 46% Vietnam tariffs pummel Nike, American Eagle and WayfairCNBCThe country became a popular alternative for furniture, apparel and toymakers trying to avoid the crossfire of U.S. trade tensions with Beijing
1y agoADS-DEAdidas sales rise 19% in the fourth quarter, beating expectationsCNBCAdidas on Wednesday reported an expectation-beating uptick in fourth-quarter sales, as the retailer shakes off weakness in North America and China demand.
1y agoADS-DE NKEAdidas to cut up to 500 jobs after posting better than expected holiday profitsCNBCAdidas plans to cut as many as 500 jobs at its corporate headquarters in Germany in a bid to simplify its business — not to cut costs.
1y agoADS-DEAdidas's German headquarters raided in connection with tax investigationCNBCAdidas's German headquarters was raided as authorities investigate a years-long tax concern.
2y agoPTON PLNT CHWY SPOT+2This is why David Einhorn thinks Peloton could be worth five times what it is nowCNBCDavid Einhorn's Greenlight Capital had a $6.8 million stake in Peloton as of June 30, and he thinks the company could be worth five times its current value.
2y agoKSS NKE ADS-DE FL+3Consumers choose their favorite retailers ahead of the holidays: Nike, Kohl's top the listCNBCNike and Kohl's are expecting sales to fall this year, but they remain a top choice among consumers, indicating they must move quickly to not fall out of favor.
2y agoFL ADS-DE NKE DKS+5How Foot Locker is waging a comeback after its breakup with NikeCNBCFoot Locker, long reliant on Nike for the bulk of it revenue, is winning over other brands as it transforms its sprawling store footprint.
2y agoUAA NKE MAR ADS-DEUnder Armour sales fall after retailer cuts discounts, promotions in bid to be more premiumCNBCUnder Armour is in the midst of a broad restructuring as the company contends with a sales slowdown and a revolving door of leaders.
2y agoROST TJX M KSS+5Off-price retailers like TJX and Ross won't be slowing down any time soon — here's whyCNBCThe consumer flight to value has helped TJX Companies and Ross grow, but they've also become cooler places to shop and a destination for brands.
2y agoADS-DEAdidas warns of falling sales in North America as it continues to sell off Yeezy inventoryCNBCAdidas on Wednesday warned of a sales decline in its overstocked North American market in 2024, as the German sportswear brand continues to sell off its Yeezy inventory.
2y agoPBYI MC-FR LULU PUMA-FF+5Clothing brands failing to eradicate forced labor risk in supply chains, research findsCNBCMany of the world's major fashion brands are failing to combat forced labor in their supply chains, according to a new report.
3y agoADS-DE FL GPSAdidas CEO says Kanye West didn't mean antisemitic remarks, isn't a bad personCNBCAdidas CEO Bjorn Gulden said Kanye West didn't mean it when he made antisemitic remarks that led to the end of his Yeezy collaboration with the company.
3y agoADS-DEAdidas will sell some leftover Yeezy inventory instead of burning it, CEO saysCNBCInstead of burning excess Yeezy inventory, Adidas plans to sell some of it and donate the money to charity.
3y agoADS-DEFanatics will become the NHL's official uniform supplier, replacing AdidasCNBCThe 10-year deal marks the first time Fanatics branding will appear on official player uniforms in professional sports.
3y agoBIRD ADS-DE NKE JWN+1Allbirds admits missteps, unveils new strategy after brutal holiday quarterCNBCFootwear retailer Allbirds had a disappointing holiday quarter and failed to post year-over-year sales growth for the first time in its history.
3y agoDIS ADS-DECNBC Daily Open: Oil pops and stocks flop — the U.S. economy is back in familiar territoryCNBCAs oil pops and stocks flop. the U.S. economy returns to familiar territory. But investors want a fresh start.
3y agoADS-DE DIS PYPL5 things to know before the stock market opens FridayCNBCHere are the most important news items that investors need to start their trading day.
3y agoADS-DEAdidas says Berlin Fashion Week launch and co-CEO announcements are fakeCNBCThe Yes Men, an activist group that has a history of creating spoofs to draw attention to corporations, said it was behind the releases.
3y agoADS-DE ADS-FFAdidas employees raised concerns about Ye's conduct for years, report saysCNBCThe CEO and other senior leaders at Adidas discussed the potential fallout from its relationship with Kanye West as far back as four years ago, one report said.
4y agoPUM-DE ADS-DE ADS-DE/PUM-DE/Puma CEO Bjorn Gulden in talks to succeed Kasper Rorsted as chief of AdidasCNBCThe move comes during the aftermath of Adidas' decision to end its business relationship with the artist formerly known as Kanye West.
4y agoADS-DE NKE GPS LULUHow Lululemon built a multibillion-dollar athletic wear empireCNBCLululemon dominates the high-end athletic wear category. Demand for active wear continues to grow, and Lulu is aiming to reach $12.5 billion in revenue by 2026.
4y agoNKE ADS-DEWhy pickleball has Tom Brady and LeBron James investingCNBC
4y agoAMZN ADS-DEAmazon will let you try on digital versions of shoes you want to buyCNBCAmazon on Thursday rolled out a new virtual shopping tool that uses augmented reality technology to let users try on shoes before they buy them.
4y agoABI-BE DIS ADS-DE 7203.T-JPNBA star Damian Lillard dishes on the Blazers and his new footwear insole companyCNBCDamian Lillard says he wants to stay with the Portland Trailblazers. He's also focusing on his new business venture.
4y agoADS-DEAdidas announces new network that will allow more than 50,000 student-athletes to be paid ambassadorsCNBC
4y agoHON ADS-DE MCD AAPLHoneywell CEO says suspending business in Russia won’t be a major headwindCNBC"It has some implications, but it's the right thing to do," the Honeywell CEO said.
4y agoADS-DE SBUX MCD AAPLAdidas doesn’t know when it will resume Russian business operations, CEO saysCNBC"We will deal with the situation as the world moves on," the Adidas CEO said Wednesday.
4y agoWMT M ADS-DE LEVI+1Walmart rolls out a tech tool to help shoppers try on clothes without actually trying them onCNBCThe retailer is rolling out the high-tech feature after acquiring a virtual fitting room start-up, Zeekit.
4y agoADS-DE ONON NKE BIRDIn Allbirds, Wall Street begins to build the bull and bear case for an ESG-branded stockCNBCAllbirds' environmentally-friendly approach to sneakers has set itself apart from a competitive footwear industry, something also attracting ESG investors.
5y agoNKE ADS-DE LULU UAA+1Nike wins teen vote, but this footwear stock has an advantage, trader saysCNBCCrocs' growth story appears intact after a nearly 120% gain year to date, Inside Edge Capital Management's Todd Gordon says.
5y agoELY DKS ADS-DEGolf's growth in popularity is much bigger than a pandemic storyCNBCGolf has soared in popularity amid the pandemic, and it appears that trend will continue as golf equipment and golf course rounds played has continued to spike.
5y agoADS-DE NKEAdidas strikes deal to sell off struggling Reebok to Authentic Brands GroupCNBCThe retail conglomerate has bought other struggling brands, such as Brooks Brothers, Aeropostale and Forever 21.
5y agoADS-DEAdidas raises outlook despite falling sales in China as boycott there continuesCNBCThe German sportswear giant increased its outlook for the year, despite a drop in sales in Greater China.
5y agoAMZN WMT TGT KSS+9Amazon and Walmart go head-to-head to boost fashion reputation on Prime DayCNBCThe two retail giants have been expanding beyond basics to add more fashion-forward options.
5y agoTGT WMT GPS M+3Target unveils sustainability goals, pledging to keep its products out of landfills, create net-zero emissions by 2040CNBCTarget said it is responding to growing consumer demand for more sustainable products and practices from companies.
5y agoADS-DEAdidas CEO Kasper Rorsted says consumers will force fashion industry to be more sustainableCNBCThe scrutiny will force the fashion industry, which produces 8% to 10% of global carbon emissions, to improve, Adidas CEO Kasper Rorsted said.
5y agoELY NKE ADS-DE GOLFWhy golf club-maker Callaway is moving away from the fairwayCNBCCallaway completed its merger with golf entertainment business Topgolf in March.