[ad_1] Nike is suing Lululemon for patent infringement related to at least four of the apparel company’s shoes, extending a contentious legal history between the two companies. In the complaint,…
Tag: Nike Inc
Canada Goose and other retail stocks will see a lift from China’s reopening, according to Wells Fargo
[ad_1] Chinese shoppers are likely poised to hit the streets again during the country’s reopening, a positive tailwind for certain retail stocks, according to Wells Fargo. “With the Lunar New…
Cowen upgrades Skechers, says footwear stock could rally nearly 40% as brand gains momentum
[ad_1] Skechers has upside potential that Wall Street could be missing, Cowen said. Analyst John Kernan upgraded the stock to outperform from market perform. He also raised the price target…
Nike CEO touts strength in Gen Z China shopper as Covid disruptions dent regional sales
[ad_1] Nike CEO John Donahoe said Thursday the company is “really focused” on Gen Z consumers in China and that the athletic apparel retailer is continuing to see strong demand…
Nelson Peltz lays out his case for Disney proxy fight, slams Fox acquisition
[ad_1] Disney is facing a proxy fight as Nelson Peltz’s activist firm Trian Fund Management pushes for a seat on its board. Peltz spoke on CNBC’s “Squawk on the Street”…
Disney to make Nike’s Mark Parker chairman as it opposes activist investor Peltz’s push to join board
[ad_1] Mark Parker Chris Ratcliffe | Bloomberg | Getty Images The Walt Disney Company has named Mark Parker, the executive chairman of Nike, its next chairman of the board, while…
Under Armour picks Marriott exec Stephanie Linnartz to be new CEO after seven-month search
[ad_1] Under Armour said Wednesday that it has hired Marriott International President Stephanie Linnartz to be its next CEO, capping off a seven-month hunt for a new boss that the…