Nike Inc. Q1 FY2019 Report | Important Transcribed Notes From Conference Call

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(My thoughts are placed in the parenthesis) Nike’s unrivaled scale allows for over indexing, while delivering expanded profitability. CDO is redefining shareholder value. Nike Inc increased 10% due to acceleration in North America Nike Direct grew 12% and Nike Digital grew 34% Digital outpaced all channels. Tax rate 14% As of August inventory is flat….

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At Any Moment KITH Could Rock the Retail World | KITH Launches Extended Global Experience with Women’s Designers

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  Kith Women is excited to extend our curated shopping experience globally with several designer labels across apparel, accessories, and lifestyle. We are offering a unique and elevated assortment worldwide with a one-of-a-kind selection of products – some of which are exclusive to kithwomen.com. Source: Women’s Designers A few years ago I wrote this: Why Kith Going…

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Q4 Sports and Brands Like Li-Ning, Peak, Anta and even Puma, Need A Serious Grassroots Approach | Business Talk

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Source: Basketball Shoes Q4 has done the easy part, they made kicks. While most people think that the hardest aspect of creating a sneaker company is designing and getting the product from the assembly to the warehouse, the reality is that’s the fun part. The brand has also made inroads with professional athletes which gives…

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Nike Live Concept Los Angeles Brings More Investor’s Day Announcements To Reality

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Nike by Melrose is the first Nike Live concept store, built for and inspired by LA-based NikePlus members. More neighborhood-specific locations will open in other cities around the globe, including Tokyo, next Spring and beyond. Source: Nike’s New Store Was Located And Stocked By You, Los Angeles When I transcribed the Investor’s Day last year…

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Under Armour Makes Moves to Solidify International Structure With New Executive Appointments

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Under Armour Strengthens Regional Structure With New Executive Management Appointments And Asia Pacific Headquarters In Hong Kong Source: Under Armour Strengthens Regional Structure With New Executive Management Appointments And Asia Pacific Headquarters In Hong Kong Under Armour has seen considerable improvement in the international market. At one point I condemned the focus of the brand…

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How Will the Supreme Court Sales Tax Ruling Shape the Online Sneaker Market? 

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The Supreme Court handed states broad authority Thursday to require online retailers to collect sales taxes, overturning a pre-Internet court precedent that had effectively exempted many merchants from collection duties. Source: US Supreme Court Rules States Can Require Online Merchants to Collect Sales Tax The third party marketplace remains a growing and disruptive force in…

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Is a Timberland x Altra Running Collab On The Way? | VF Corporation Completes Acquisition of Altra®

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While analysts continue to speak of the demise of performance running and espouse that brands should move towards a more casual line of footwear, one of the most powerful groups in footwear and apparel has acquired a technical performance running company and added it to their portfolio. VF Corp owns Vans, North Face and Timberland…

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