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 ...
So far, the stock market is having a great 2024, at least when measured by the performance of the major indexes. The S&P 500 ...
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 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 ...
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 ...
Despite this impressive performance, the company’s stock is significantly down this year due to lower-than-expected Q1 2024 ...
We're talking handsome-improving shades from Oliver Peoples, Lululemon's sleek everyday sneakers, and Ben Sherman's layering ...
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.
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 ...
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 ...
(Reuters) -Nike shares tumbled 8% 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 17 ...