Footwear

ON Holding AG (NYSE: ONON) shares suffered a setback despite reporting record sales for a sixth consecutive quarter.  The Zurich-based footwear company's stock was hit by currency headwinds plagued by a strong Swiss Franc, undermining an otherwise solid second-quarter performance...

Kanye West was escorted out of a Skechers USA, Inc. (NYSE: SKX) office on Wednesday after the footwear company said he arrived "unannounced and without invitation" at one of the company's corporate offices in Los Angeles. What Happened: West, also known as Ye, was...

By Patrick McKeever While there are growing concerns about record inflation, rising borrowing costs, the psychological impact of Russia’s invasion of Ukraine, and record-high gasoline prices, U.S. consumers continue to be very resilient, buoyed by broad-based labor-market strength, solid wage...

A leading sportswear company could be betting big on the growth of NFTs and the Metaverse, with several partnerships announced and hinted at over the last week. What Happened: Apparel and footwear company Adidas AG (OTC: ADDYY) has been active in the non-fungible token and Metaverse space. Adidas...

Crocs Inc (NASDAQ: CROX) shares have exceeded those of venerable names such as Apple Inc (NASDAQ: AAPL) and Tesla Inc (NASDAQ: TSLA) in terms of 1-year gains and, according to some experts, they still have more upside. Gains So Far: Crocs, which was launched in 2002 has since then sold...

Shares of Nike Inc (NYSE: NKE) hit a 52-week high Friday after reporting a strong fourth quarter that beat Street consensus. Here is the reaction from analysts on the key takeaways from the earnings report and if Nike has more room to run. The Nike Analysts: Bank of America analyst Lorraine...

Allbirds Inc, the San Francisco-based sustainable footwear and apparel brand, has been rumored to be heading towards an IPO. It now may be inching its way closer, if its recent job postings are any indication. What Happened: The company lately has been posting a notice that it is seeking an "...

Under Armour Inc (NYSE: UAA) is an "unloved" company among analysts but the company has a path to deliver upside versus expectations, according to Piper Sandler. The Under Armour Analyst: Erinn Murphy upgraded Under Armour's stock from Neutral to Overweight with a price...

Footwear and apparel retailer Foot Locker, Inc. (NYSE: FL) is entering the final weeks of 2020 with many of its stores closed, and its long-term post-pandemic outlook has its own separate headwinds, according to Piper Sandler. The Foot Locker Analyst: Erinn Murphy downgraded Foot Locker from...

Apparel and footwear VF Corp (NYSE: VFC) reported a 10% decrease in Vans brand revenue and this should prompt investors to turn bearish on the stock, according to BofA Research. The VF Analyst: Robert Ohmes downgraded VF's stock from Neutral to Underperform with an unchanged $65...

Foot Locker, Inc. (NYSE: FL) is well positioned as a strategic Nike Inc (NYSE: NKE) wholesaler and should see market share gains ahead of the holidays, according to BofA Securities. The Foot Locker Analyst: Robert Ohmes upgraded Foot Locker's stock from Underperform to Buy with a price...

Nike Inc (NYSE: NKE) announced Tuesday a handful of leadership changes, including a new CFO, COO, and president of consumer and marketplace. According to BMO Managing Director Simeon Siegel, Nike is demonstrating the strength of its management roster. What Happened Despite multiple leadership...

Under Armour Inc (NYSE: UAA) reported fourth-quarter results that prompted a big sell-off in the stock. Multiple Street analysts have weighed in to debate if investors should buy the dip. CEO 'Not Satisfied' Under Armour CEO Patrik Frisk said during the company's conference call he is...

Skechers USA Inc (NYSE: SKX) reported third-quarter results, which reinforced the case for being bullish for one Street analyst while another remains sidelined. The Analysts Wedbush analyst Christopher Svezia maintains an Outperform rating on Skechers with a $38 price target. Morgan Stanley analyst...