Insider Ties: Why Foot Locker Is Still Killing It

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Shares of Foot Locker were higher on Friday after its third-quarter earnings beat expectations. Earnings of $1.13 a share were three cents ahead of analysts’ estimates, while revenue of $1.88 billion was in-line with forecasts. Same-store sales increased 4.7% year-over-year, but were flat when compared to the second quarter. Inventory also rose by more than…

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Air.Jordan.Com: Watch Out Sneaker Blogs

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The first time Michael Jordan pumped a triumphant fist in the air to celebrate an NBA championship, he was wearing the Air Jordan VI. Twenty-five years after his first trophy, the shoe has fittingly received the Pinnacle treatment. Source: CHICAGO. THE WINNING CITY. Jordan.com Jordan Brand just launched a freaking blog. I just discovered this…

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Business Talk: Angry Sneaker Stock Dude

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If you look back through the Insider Ties and Business Talk categories of the site you will see a lot of information about Stocks. Recently, a lot of websites are saying that Under Armour and Adidas are becoming better bets for the stock market. Consider this analysis from the Motley: http://www.fool.com/investing/2016/09/29/better-buy-under-armour-inc-or-adidas.aspx While all companies hit rough patches…

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Insider Ties: Under Armour Announces Plan To Open E-Commerce Distribution House In Maryland

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Source: Under Armour Announces Plan To Open E-Commerce Distribution House In Maryland “Over one million square-foot facility will house 1,000 employees; optimize product distribution for company’s growing direct-to-consumer business.” When you’re right, you’re right and Under Armour looks to the leader for its cues and there is nothing wrong with that. What do I mean?…

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Insider Ties: Footlocker Has a GPS

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I’ve been doing a lot of analysis on the sneaker brands. The majority of my discussion has been on the push of each individual brand to gain more traction with DTC sales. I’ve also discussed how the brands are adjusting and adapting to the shift in the sneaker buying habits of the masses. What I’ve…

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