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nike collaborates with hispanic artists for the los primeros

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nike collaborates with hispanic artists for the los primeros

Postby Janita » Wed Sep 13, 2017 2:10 am

nike air max paint drip brand sentiment in North America has been a contentious topic over the past few years, but a new Bernstein report affirms that the company is still ‘Best In Class. ’Despite increasing competition in the space, Bernstein analyst Jamie Merriman believes athletic apparel and footwear remain category winners. “In the long term, our preference is for footwear, given our view that manufacturing a performance shoe is much more difficult than creating apparel and will be more consolidated and with more competitive barriers as a result, ” said Merriman. Due to the many concerns regarding Nike, Merriman acknowledged that the company’s short-term view on Nike will be controversial, but he does not believe there is a fundamental problem with the brand traction or category. Nike's recent sales slowdown in North America has largely been due to wholesale destocking, an effort the brand calls “edit to amplify. ” Nike simply has had too much product in the market and looks to slim down its offerings by focusing on the product assortment of best sellers, a strategy Adidas has been superior at executing in recent years. While sales may continue to slow in 2018 due to the “edit to amplify” effort, Merriman expects Nike’s North American sales to recover in FY19. Bernstein placed an Outperform rating on Nike with a $69 price target. The sales and profit slumps are mainly the result of unfavorable market shifts in the U. S. sports apparel industry. Customer traffic is shifting away from the specialty retailers that Under Armour relies on to move most of its merchandise. The change has been industrywide, hurting rival Nike (NYSE: NKE), too. That's a big reason why the footwear and apparel giant's stock has underperformed the market over the last year. However, nike air max 90 candy drip gets far more of its business from outside the United States, and so its operations are better protected against the disruption. In fact, Nike is forecasting steady sales and profit gains for its current fiscal year.

Under Armour's air max 90 halloween for sale plan parallels that of its larger rival. Like Nike, the company plans to attack the international markets that are showing stronger demand growth trends today. Under Armour also plans to double down on the profitable e-commerce sales channel while improving its innovation process so that its products can once again command premium prices on retailing shelves. A new report from Bernstein analysts say to buy Nike and sell Under Armour, which drew a "holy cow, " from TheStreet's founder Jim Cramer, who also manages the Action Alerts PLUS charitable trust portfolio. Speaking on CNBC's "Mad Dash" segment Tuesday, he extrapolated on the note, saying the analysts assigned an outperform rating on Nike to go along with a $69 price target, while also assigning an underperform rating on UAA stock and a $14 price target. The price targets imply about 30% upside for NKE stock and roughly 20% downside for UAA. "Don't mess with Mark Parker, the CEO of Nike, " Cramer said, adding that "he's quietly the most competitive person in business. " While Under Armour CEO Kevin Plank is no slouch when it comes to competitiveness, Cramer reasons that his company has fallen behind. This year Nike is taking cues from the origins of “Latino” culture, or “Los Primeros, ” for its LHM (Latino Heritage Month) collection. The project in turn finds the Swoosh collaborating with a number of local street artists from Latin America. Four sneakers were ultimately chosen to make up the pack, including the Air Force 1, Air Jordan 1, Air Max 1 and Cortez. Each “Los Primeros” delivery thus has a deep story that connects to the history of Latin American culture, in addition to expressing the modern identity and influence of Latino culture today. The capsule will be released one shoe at a time, each week from September 15 through October 15 in air max 90 halloween quantities.
Janita
 
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