Source: Under Armour Reports Fourth Quarter and Full Year Results; Announces Outlook for 2017 There is so much information here to be considered that I will take the time to break down each section over the next few days. My overall assessment still remains that the Stock market overreacted to the announcement in October that…
When Under Armour signed UCLA to a 15-year, $280 million outfitting deal last year, the company’s thinking — like that of a prospective homebuyer — centered largely on location, location, location. Source: With university deals, Under Armour aims to fill in its U.S. map – Baltimore Sun This article from the Baltimore Sun discusses UA’s…
LeBron James’s debut signature shoe, the Nike Air Zoom Generation, returns on January 25. Source: Nike News – Shoe Stream In 2002 I was in my third year as a young basketball head coach. Like my players I watched the game for entertainment and when the hype behind LeBron James lead to multiple games on…
Thirteen years after Michael Jordan’s retirement, his sneaker brand still dominates the secondhand market. To try to boost sales of LeBron James’s shoes, Nike is using a reseller. (photo from StockX) Source: With LeBron 14 Release, Nike Is Bypassing the Shoe Store – The New York Times This article from the New York Times explains…
The Paul George and Kyrie Irving Signature series from Nike are low end items with high end value. The same with the Adidas Lillard Signature line. These models cost 100-120 dollars. Which is still an expensive shoe, but when you consider the production, design, marketing, and endorser, the 120 dollar price point makes these signatures…
The online retailer is going to be competing with Nike and Under Armour in the activewear market. by Jason Del Ray Source: Amazon plans to sell its own line of workout clothes – Recode @IBD_Low (Elaine Low) shared this article from Recode and it immediately caught my eye and reminded me of something I heard…
Originally posted on Housakicks This has been a pretty hectic week for the Arch X Housakicks AHN network; we are dealing with a gang of returns from customers who don’t seem to know their shoe sizes. Today alone, I have received three returns request and each read the same ( too small, too large). Every now…
Champions and Olympians dominate the list of 2016’s most marketable athletes, who almost all rate high on awareness and likability. (Photo by Elsa/Getty Images) Source: The 10 Most Marketable Athletes Of 2016 The top ranked athlete wears what brand? Before you click through I challenge you to write your top 5 athletes down just to see…
Sneaker companies must distinguish the winners from the losers, and stay ahead of quickly changing fashion trends. Source: Why Michael Jordan Still Dominates The Basketball Shoe Market NPD’s Sneaker Guru shares some great insider info on how the basketball market works in this Forbes interview. Very cool stuff especially the insight that New York makes…
December 20th Nike held it’s Fiscal Year 1Q 2017 conference call and report and as I’ve been discussing for a few years when I began seeing the disappearance of mom and pop accounts, they pushed off the worst year on the stock market they’ve ever had by leaning heavily on their path to DTC. Their conference…
Yesterday Nike held it’s Fiscal Year 1Q 2017 conference call and report and as I’ve been discussing for a few years when I began seeing the disappearance of mom and pop accounts, they pushed off the worst year on the stock market they’ve ever had by leaning heavily on their path to DTC. Their conference…
I typically don’t want to get so specific on a post, but today is a very important day for Nike. This afternoon at the close of the market Nike will report on its Fiscal First Quarter 2017. This will be the first year the report will not place an emphasis on Futures. The report will…
One of the guys I most admire in kicks lives in Memphis. When some people talk about collectors today it’s about guys who have a collection that reflects recent hype. Sneakerking of Memphis though… M. Morgan is hands down one of the dopest collectors in the country. He’s not hyped on websites or on YouTube with…
One of the guys I most admire in kicks lives in Memphis. When some people talk about collectors today it’s about guys who have a collection that reflects recent hype. Sneakerking of Memphis though… M. Morgan is hands down one of the dopest collectors in the country. He’s not hyped on websites or on YouTube with…
Fears surrounding sales of its famed basketball sneakers has weighed in Nike (NKE) in 2016. Next week, the iconic sports apparel company will unveil fiscal second quarter financial results, and analysts will be looking closely for signs that Nike continued to lose share to rivals Under Armour (UA) and Adidas (ADDYY).Last week, Barron’s cautioned investors…
Originally posted on Housakicks You all remember what happened last year when the UA Curry 2 Low Chef released; the shoes became the subject of mockery, and the internet erupted with all types of ridiculous memes satirizing them. Whoever released the official pictures of the Curry 2 Low chef did an awful job- they literally looked like…
Under Armour Inc. struck another blow in the fight for exposure by inking a sponsorship deal with Major League Baseball that will put its logo on the chest of every jersey. Source: Under Armour Inks Deal to Place Logo on Front of MLB Jerseys – Bloomberg Matt Townsend wrote a very cool article on the…
Originally posted on Housakicks Every time I hear the word “uptempo” , I get goose bumps; it takes me back to my childhood , the early 90’s, the golden era. I remember coveting my friend’s Air More Uptempo so much and was very upset because I couldn’t afford them. I grew up in Togo, and shoes like…
Source: Nike+ SNKRS. Release Dates & Launch Calendar There is something I like to do every few days when preparing to write a Should You Buy To Flip? I browse the SNKRS site to see if I was right or wrong about my predictions. What does browsing help me with? Nike is very good about…
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 updated Pro Leather enhances an iconic silhouette with Nike technology, contemporary shape and “sport classic” colors. Source: Nike News – Converse Launches The Pro Leather ‘76 in “Vintage Suede” In 2013 I was able to pick up the Pro Leather for 19.99 plus tax at Hibbett Sports. I bought over 100 pair and sold them…
Under Armour’s “Speedier” sneakers due out early next year are definitely weird to look at, but telling as to how the athletic wear maker plans to grow its footwear business in the years ahead. The Speedtire, which TheStreet got its hands on ahead of a scheduled February 1, 2017 release date, is a shoe meant…
