American companies from appliance makers to auto parts suppliers have lined up to offer a quiet caution to President-elect Donald Trump as he considers pulling the United States from trade deals: most lost manufacturing jobs aren’t coming back, but higher costs for consumers could. Source: Sneakers show limits of trade policy in reviving jobs for…
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…
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…
Basketball sneakers became more than just shoes with the explosion of Nike and Michael Jordan. Following that rise came sneaker-related crime and violence. Former NBA All-Star Stephon Marbury is trying to change the game with a $15 sneaker. Source: The Rise Of Nike — And One Former NBA Player Trying To Change Sneaker Culture |…
The store emphasizes personalized service and is a template for future Nike retail locations. Source: Nike (NYSE: NKE) opens next-generation store in Soho (Photos) – Portland Business Journal Matthew Kish just reported on the opening of a SoHo store by Nike. Unlike any other Nike space the sneaker world has seen, this shop creates…
Adidas’s new CEO isn’t wasting his time putting an imprint on the Canton shoe retailer. Source: Five things to know about Reebok’s future – The Boston Globe The Boston Globe has put together a list of the most glaring issues with Reebok and how Adidas is dealing with its underperforming child. Recently I wrote articles…
Source: Under Armour Expands To Boston’s Back Bay With Its Largest Brand House Opening Of 2016 I’ve been waiting on Under Armour to begin their venture back from doomsday. What a way to get started. The opening of this store is important for three reasons: It shows that Under Armour understands the importance of DTC,…
In part 2 of the series we dive into two more questions with Dallas Stokes the man behind the resurgence of And1. This discussion is not the typical interview. I will ask questions and after the answers I will analyze the response and look at it from the business standpoint of brand and market potential. The…
What started as a post on Brooks Running after seeing a response on Facebook to a customer turned into an analysis of customer service. I took a few minutes to find questions from customers and took snapshots of the responses, or lack of responses from footwear companies. Why would I even stop and do this?…
Increased inventory was one reason Nike gave for declining margins in recent quarters. Here’s how Nike is combating it, and why concerns about it could lead to a buying opportunity. Source: Nike Inc.’s Inventory Challenge Isn’t as Bad as It Looks — The Motley Fool While sneakerheads are not really concerned about the stock prices…
The 10th iteration of the Jordan CP3 line, the CP3.X, is available now on Jordan.com and at select Jordan retail stores. Source: Nike News – Celebrating a Decade of Dedication with CP3 Nike is doing right by Chris Paul by dropping a celebration of its decade long sponsorship of CP3. In sneakerhead circles though, the…
Source: adidas Day One Autumn/Winter 2016 Premium capsule collection explores adidas DNA Autumn/Winter 2016 focus: running and outdoor Classic pieces with a lifestyle intention Essential pieces for the life of a modern nomad The category of casual athletic clothing and its dominance in fashion is changing daily. I could have easily just posted…
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…
Nike could be losing ground as the athletic market leader. Source: Three Factors Hurting Nike’s Business | Footwear News While browsing Footwear News this article rolled across and I had to write a few quick words. FN lists three reasons why Nike is hurting. In short they are: Competition North America Inventory and Slumping Sig…
This new silhouette combines suede with a white divided TR thermoplastic sole that gives the shoe a unique finish. Handcrafted in Portugal with premium Italian materials. Arigato logo on the side in gold. Dustbag included. True to size but if you are be Source: AXEL ARIGATO – Handcrafted Designer Sneakers for Men and Women. When…
Factory stores for athletic brands Adidas, Nike and Under Armour are the biggest drivers of overall traffic to outlets. Source: U.S. Traffic To Outlets Hits Two-Year High, Athletic Brands Soar | Footwear News DTC, DTC, DTC, I think I’ve said DTC at least 30 times in the last posts and videos I’ve done. It’s important…
Start with the shoes but move on from there. That’s the plan at Foot Locker Inc., long known for its sneakers, which is reorganizing its stores to further highlight top brands, designating areas to showcase trends, and adding more displays of full sports gear to encourage broader shopping. Source: Foot Locker looks to play up…
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?…
Nike Inc.’s market share is poised to expand, as both its processing and delivery times are faster than competitors Source: Why Nike Inc keeps winning | Financial Post As always my goal is to analyze the sneaker business and entertain so I should tell a joke right here and then get to the info, but…
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…
Next Tuesday I have to do an Insider Ties and I think what I will get into is the stream of Flagship Stores popping up from various brands and what this means to Nike. First, what is a flagship store? From Reference.com: The most successful flagship stores share common key elements. Each store is usually the…
Originally recorded by Tayib Salami of Housakicks during a Google Hangout Youtube: https://www.youtube.com/channel/UCZPK… Tayib has been working on the idea for a series of interviews about the sneaker industry. I helped Tayib develop his website: http://www.housakicks.com after he had paid several developers and gotten no where. He knew I had been involved in sneakers for…
