Sneaker retailers are facing a perfect storm. (pic via BI from Bennett Raglin/AP) Source: Amazon is about to claim a new victim in the retail apocalypse – Business Insider The source article fails to cover a few points I recently made in my analysis of the Foot Locker stock plunge: Foot Locker’s Stock Plunge, How…
An acquisition was authorized by private equity groups to merge DTLR and Sneaker Villa. “The combination of DTLR and Sneaker Villa will create one of the largest lifestyle retailers of street-inspired footwear, apparel and accessories in the industry, with over 230 stores in 18 states.” Memphis doesn’t have either of these stores (DTLR or Sneaker…
Unlike many platforms that only report I take the time to dig into a deeper analysis of e-commerce and retail. My thoughts on the storytelling of Foot Locker and how this has helped the company to create a stronger in-store experience have always been steady and present. Insider Ties: Why Foot Locker Is Still Killing…
Source: Foot Locker’s stock plunge drags Under Armour and Nike down with it – MarketWatch Last year I was extremely high on Foot Locker and their stock as well as their ability to cope with the growing push of DTC by Nike and the shifting loyalty of buyers to adidas. I discussed that here: Insider…
I’ve been stating that I would share more information about jobs in the sneaker industry since I created the “Sneakerhead to Boss Insider Ties: Episodes 10-19” series on YouTube. This is the second job listing I’m sharing. I hope some of you who are aspiring to enter the sneaker business beyond flipping benefit from this…
Morgan Stanley upgraded Foot Locker to overweight from underweight in expectation the shoe retailer has an edge over Amazon.com in the high-end market. pic Luke Sharrett | Bloomberg | Getty Images Source: Foot Locker can beat back Amazon, Morgan Stanley says; upgrades stock In the source article on CNBC analysts are upgrading FTL stock based…
Gateway to ASICS Company Information, Investor Relations, Corporate Social Responsibility and Sustainability, Press Releases, Career and Recruitment and more. ASICS has opened its largest store to coincide with the biggest campaign they’ve done in the last 25 years. The #IMOVEME strategy represents the shift in shopping that is happening across sportswear. Every brand is taking…
Video Breakdown 0:05 Intro to Episode 50 2:40 Topic 2:54 Reason #1 Right now the majority of shoes sold on Amazon are via 3rd party sellers (Amazon Marketplace). 5:48 Reviews 7:00 Reason #2 Amazon basically powers online search for shopping. Article The amount of data available on Nike’s sales on Amazon can be found…
Connecting to konbini (premium Japanese convenience stores) brings product to consumers with greater ease than ever before. Source: Nike News – Inside Nike.com Japan’s New Delivery Service One of the primary reasons NDC/DTC has been able to grow so rapidly for Nike is because in the US Nike’s primary shipping is done out of Memphis….
Visit NikeInc.com for more information Source: NIKE, Inc. Reports Fiscal 2017 Fourth Quarter and Full Year Results Even with the amazing growth of adidas this past year Nike hasn’t slowed down… well they have slowed down in North America, but Nike’s international sales picked up the slack and my long time discussion point DTC saw…
It seems Under Armour ($UAA) in the last year has made it routine that right before a quarterly report they make an addition to the top tier of their company. Traditionally any shake up or addition is a move to inspire confidence in a brand. Adding a former executive of VF Corp and Aldo appears…
Source: Talk of Nike selling directly on Amazon – Amazon.com, Inc. (NASDAQ:AMZN) | Seeking Alpha This morning Seeking Alpha analyst Clark Schultz posted that Nike might be looking to sell on Amazon. My immediate response was “Hell No.” My secondary response was, “Nah son!” My final response was that I’m very rarely wrong and when…
The sportswear giant, like other retailers, is adapting to rapid changes in how consumers shop (photo via PDX and Nike Inc. Source: Nike (NYSE: NKE) announces 1,400 layoffs, new corporate structure – Portland Business Journal Matthew Kish dropped this story this morning explaining what was prefaced on the last Nike conference call as a Triple…
Source: “Pastels” Pack | ASICS Tiger United States Over the last year ASICS has resurfaced as a brand that is definitely beginning to follow the adidas handbook on marketing. Nike was originally the company that made athletics, footwear and marketing synonymous, but in the last year the brand has not done a great job with…
Left to Right: Jeffrey Wong, General Manager of ASICS China, Hilda Chan, Managing Director of ASICS Greater China and Seiji Hori, Marketing General Manager, Global Lifestyle Division of ASICS Corporation attended the ribbon cutting ceremony SOURCE Sneakerheads, it’s a loaded term. In the US where sneaker culture originated on the back of Hip-Hop, it’s a term…
Foot Locker blamed delayed income tax returns for sluggish sales early in Q1 that weren’t made up later in the quarter and reported results that missed forecasts.Estimates: EPS virtually unchanged at $1.38, with revenue edging up 1.4% to $2.015 billion.Results: EPS of $1.36 on revenue of $2. Source: Foot Locker Stock Plunges As Q1 Earnings,…
Amazon acquired Zappos because the platform did not have the backend in place to sell footwear. I joined Amazon in 2011 after selling at local flea markets and in locally owned shops in Memphis. When I launched in 2011 it was late November. By December 31st I’d earned over 40,000 dollars with very little experience…
Under Armour Reports First Quarter Results Source: Under Armour Reports First Quarter Results I had the unfortunate problem of listening in to the conference call on an Android phone that dropped the connection via bluetooth every 8 seconds. This means I only caught small soundbites of the call. It will be up to listen to…
DICK’S Sporting Goods Launches Compression Brand Second Skin to Serve the Training Needs of High Intensity Athletes Building off the success of brands such as CALIA by Carrie Underwood, Field & Steam and Walter Hagen, DICK’S continues to expand its private brand offering PR Newswire PITTSBURGH, April 20, 2017 PITTSBURGH, April 20, 2017 /PRNewswire/ — DICK’S…
Shop Under Armour for Men’s UA Project Rock Delta Training Shoes in our Men’s Shoes department. Free shipping is available in US. Source: Men’s UA Project Rock Delta Training Shoes | Under Armour US It doesn’t matter if this shoe was limited in this first release. It has to be a serious confidence booster for…
Source: Under Armour Announces First Quarter 2017 Earnings And Conference Call Date After experiencing possibly the worst 3rd and 4th Quarter in the history of the company in 2016, can it get worse? I don’t think so. I think Under Armour is at the bottom of where they can go. Do I realize that they…
JCPenney released a list of stores closing. Source: JCPenney is closing 138 stores — see if your store is one of them We are in a wind blown economy. What does this mean? The wind can shift at any moment and change the landscape. The consumer is the wind. The consumer has all of the…
