Nike Sales Grow Despite Controversial Ad, Stocks are Climbing Again Too!
Nike sales grow despite the controversy surrounding Nike’s (NYSE:NKE) new ad campaign staring Colin Kaepernick. Sales of the sporting good retailer grew by 31% over the bank holiday weekend. And just so we are aware, ... [Read]
Colin Kaepernick’s Nike Ad Causes Backlash—Even Trump’s Upset
At the start of the week, the Nike Kaepernick partnership was announced. Immediately after, critics hit the market, threatening to boycott the brand. Two days later, people are still mad about the partnership. But there’s ... [Read]
Nike Unveils Its New Colin Kaepernick Campaign and Stock Drops
Many companies and brands often attempt to avoid taking strong public positions on political issues out of fear of alienating customers and losing money, but Nike (NYSE:NKE) has just recently crushed that standard and has ... [Read]
Nike Slapped with Discrimination Lawsuit by its Own Employees
Yesterday, a Nike lawsuit surfaced. Today, the Nike stock is trading in the red zone. Coincidence? I think not. Nike Lawsuit: What We Know On Thursday, word surfaced that a group of ex-Nike employees, all ... [Read]
Nike Positive Outlook Could Continue Bullish Trend
Nike Inc. (NYSE:NKE) shares rallied 34% in the last twelve months, due to its robust financial performances, expansion in emerging markets, and innovative product launches. Nike positive outlook could continue its bullish trend. The strategy ... [Read]
Columbia Created a ‘Star Wars’-Themed Jacket Line and It Sold Out in Minutes
The Columbia Sportswear Company (NASDAQ:COLM) designed a new jacket line called the Echo Base Collection, inspired by ‘Star Wars: Episode V – The Empire Strikes Back’ and it looks awesome. Don’t get too excited though, ... [Read]
You Can Now Buy Stoneless Avocados from M&S
Save your hand the hassle (and the knife injury) and buy yourself the new stoneless avocado from Marks & Spencer (OTC:MAKSF). These new avocados, named cocktail avocados, are 5cm-8cm (2in-3in), with a smooth, edible skin, ... [Read]
Here’s Why Nike Inc Shares Plunged Today
Shares of Nike Inc. (NYSE:$NKE) fell today, and the athletic footwear juggernaut can blame Foot Locker (NYSE:$FL) for that. During Friday’s early trading, Nike shares dropped as much as 5.7%, and stood down 4.6% as ... [Read]