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Nike (NKE) Appoints New VP, GM of North America

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Bears Win Idea Dinner Debate Over Nike (NKE), lululemon athletica (LULU) and Under Armour (UA) - Wells Fargo

October 5, 2016 8:57 AM EDT

Wells Fargo analyst, Ike Boruchow, hosted an athletic apparel idea dinner pitting Bulls against Bears and the Bears seemed to win.

lululemon athletica, inc. (NASDAQ: LULU): Bears were focused on 1) decelerating comps into tougher
compares (LYs pant wall launch, pricing increases), 2) flat to negative traffic the past few quarters and 3) the inability to scale the business given the ongoing reinvestment (citing a HSD comp leverage point which seems troubling given the slowing top-line). The Bull/Bear split was roughly 30%/70% but the conversation skewed even more negatively. The analyst thinks "bears have the sexier... More

Nike (NKE) Announces Release of 2016 Nike Mag in Partnership with Michael J. Fox Foundation

October 4, 2016 10:07 AM EDT

Almost 30 years ago, Nike inspired a future vision of footwear an individually responsive shoe that senses the wearer and adapts on its own. The Nike Mag, famously worn on the silver screen by Michael J. Fox, quickly became a cultural icon.

Today, Nike and The Michael J. Fox Foundation proudly announce the release of the 2016... More