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SPORTSWEAR STOCKS FALL
US Stocks: Nike shares fall on grim sales outlook; China woes hit turnaround plansShares of Nike fell as investors raised alarms over the slow pace of recovery with CEO Elliott Hill at the helm for nearly two years. While...- These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsThe latest escalation in the US-Iran war means that crude oil price is back as a risk for India. Although we are in a market already strugg...
- Nike shares tumble 13% as CEO Hill’s turnaround plan faces geopolitical woesNike's months-long turnaround under CEO Elliott Hill faces fresh pressure as the Middle East conflict adds to the sportswear maker's strugg...
- Why Adidas stock is falling today after Bank of America cut ADS stock price targetAdidas stock: Adidas shares tumbled over 4% after Bank of America issued a rare sell rating, citing slowing growth and intensifying competi...
- Nike stock fell 10% today after earnings: Why tariffs and falling margins spooked NKE investorsNike stock today: Nike's stock plunged over 10% as gross margins declined for a second straight quarter, impacted by tariffs and inventory ...
- Puma caught between tariff fears and weak US demand as it discounts stock, plans price hikesPuma is grappling with the consequences of its earlier strategy to front-load shipments to the U.S. to avoid tariffs. This move has led to ...
- European shares slip as auto stocks weigh, investors eye US-EU trade talksEuropean shares retreated on Friday, giving back gains from the previous session, as automobile stocks weighed and investors awaited update...
- European stocks ease from 2-month highs as Julius Baer slides, US talks in focusEuropean stocks retreated from two-month peaks on Wednesday, weighed down by a drop in Julius Baer shares after the Swiss bank revealed cre...
- Nike can’t ‘just do it’ with US tariffs on Vietnam, set to face big blow in its effort to revive brandNike faces potential U.S. tariffs on imports from Vietnam, where it produces 50% of its footwear and 28% of its apparel. Higher tariffs cou...
- European shares gain some ground as government bond yields easeEuropean shares rebound after two days of losses, led by gains in automobile and mining stocks. The pan-European STOXX 600 index rose 0.6%....
- European shares slide as tech stocks weighEuropean shares tumble as ASML's weak forecast triggers third day of losses, while fears of strict U.S. trade rules loom.
- Nike stock plunges as gloomy sales forecast fans growth concernsNike faces stock woes and market challenges, prompting a potential shift in leadership under CEO John Donahoe's digital-focused strategy. T...
- Nike sinks over 18% as gloomy sales forecast fans growth concernsNike shares slumped 18.6% in early trade on Friday as a forecast for a surprise drop in annual sales amplified investor concerns about the ...
- Page Industries Q4 Results: Firm misses earnings estimates on high inventory costs, muted demandThe company reported an inventory cost of 364.6 million rupees, compared to a negative 1.83 billion rupees in inventory value a year ago.
- UK's FTSE 100 hits record peak on weaker pound; Associated British Foods surgesThe UK's blue-chip share index cruised to record highs on Tuesday, helped by a weaker pound and positive corporate updates, while investors...
- Nike forecast cut sends sportswear stocks 12% down as spending stumblesThat sent shares of rivals Adidas and Puma down roughly 5% each, with Lululemon down 2% and Under Armour down about 6% before the bell.
- European shares lifted by US debt deal optimism, Swedish real estate stocksEuropean shares rose on Friday, as investors were boosted by the passing of the US debt ceiling bill and hints that the Federal Reserve may...
- European shares head for biggest weekly losses in two monthsThe pan-European STOXX 600 index declined 0.6% by 0709 GMT, with travel & leisure and technology stocks falling the most. Oil & gas stocks ...
- European shares hover below highs, Bayer hit by Roundup rulingThe pan-European STOXX 600 index rose 0.1 per cent to 445.76 points, just below Tuesday's record high of 447.15.
- Logitech ends earnings probe with only minor adjustmentsLogitech said it would make minor adjustments to past earnings due to erroneously booking inventories.
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