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Michael Kors To Buy Jimmy Choo
Tuesday, July 25, 2017 - 8:11am | 594Read More...Luxury apparel and accessory maker Michael Kors Holdings Ltd (NYSE: KORS) confirmed early Tuesday morning it has agreed to buy the London-based and listed shoe company Jimmy Choo PLC. As part of the agreement, Michael Kors will pay Jimmy Choo's shareholders 230 pence per share, which values the...
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Skechers Shares Have Potential For 20% Upside From Here
Friday, July 21, 2017 - 1:19pm | 374Read More...Skechers USA Inc (NYSE: SKX)'s mixed earnings report on Thursday and greater than 2-percent decline in the stock isn't reason enough for Buckingham Research Group's Scott Krasik to part ways with his bullish outlook. The analyst maintains a Buy rating on Skechers' stock with an unchanged $34 price...
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Jim Cramer's Retail Picks Ahead Of A Busy Earnings Week
Monday, May 15, 2017 - 1:58pm | 446Read More...Glancing at some of the concerning headlines gives the impression that nearly every retailer is struggling to compete against the likes of Amazon.com, Inc. (NASDAQ: AMZN). To a certain extent, this may be true and retail investors looking for an "Amazon-proof" company have few options....
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A Cinderella Story: In Search For The Perfect Shoe Owner, JAB Looks For Jimmy Choo And Bally Buyers
Monday, April 24, 2017 - 12:06pm | 501Read More...The owners of JIMMY CHOO PLC (OTC: JYMHF), creators of the shoes made famous by the late Princess Diana and those stiletto-strutting sirens on “Sex and the City,” are searching for a suitor. Shares of the stock were up 10.43 percent on Monday at $2.43 and up more than 10 percent to 185....
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Teens Find 100-Year-Old Converse To Be Cooler Than Under Armour
Wednesday, April 5, 2017 - 3:23pm | 496Read More...The current fashion cycle is favoring retro styles; companies with long, storied histories are bringing back and refreshing old classics. This bodes well for adidas AG (ADR) (OTC: ADDYY), Puma and Nike Inc (NYSE: NKE)'s Converse and poses a problem for Under Armour Inc (NYSE: UAA)'s...
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Under Armour Downgraded As Nike Price Wars Intensify
Monday, April 3, 2017 - 12:10pm | 396Read More...FBR & Co. analyst Susan Anderson downgraded shares of Under Armour Inc (NYSE: UAA) from Market Perform to Underperform with a price target slashed from $20 to $14. Anderson's downgrade follows recent checks, proprietary surveys and current trends that all point to continued sales and margin...
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Retail's Latest Casualty: Payless
Wednesday, March 22, 2017 - 10:31am | 377Read More...Payless Inc., the seller of discounted shoes, could declare bankruptcy as soon as next week. According to a Bloomberg report, retail's latest casualty is expected to initially close up to 500 of its stores as part of a reorganization associated with its bankruptcy. The retailer, owned by...
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Analyst: Under Armour Isn't Cool And It Needs To Be
Tuesday, January 31, 2017 - 2:11pm | 306Read More...Sam Poser of Susquehanna has a simple theory to explain Under Armour Inc's (NYSE: UAA) woes: the company's products aren't cool anymore. Speaking as a guest during CNBC's "Halftime Report", the analyst pointed out that Nike Inc's (NYSE: NKE) line of Michael Jordan...
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Which Shoe Retailers Mirror Nike's Performance?
Tuesday, December 20, 2016 - 9:30am | 627Read More...Nike Inc (NYSE: NKE) is pressured by competition, with adidas AG (ADR) (OTC: ADDYY) and Under Armour Inc (NYSE: UA.C) (NYSE: UAA) breathing down its neck. Even as Nike fights its own frailties, Benzinga looked at the prospects of the company's performance as having a bearing on footwear...
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The Hottest Shoe Stock May Surprise You
Friday, November 25, 2016 - 10:50am | 507Read More...The best performing shoe stock over the past six months may come as a surprise for many investors. While basketball shoes are seeing some weakness, it has become clear that retro is the style right now. Puma's Pounce: Hottest Shoe Stock Puma AG Rudolf Dassler Sport has been the best...
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Finish Line's Stock Price Running Beyond Barclays' Target
Monday, September 26, 2016 - 12:01pm | 323Read More...Barclays remains on the sidelines on Finish Line Inc (NASDAQ: FINL), despite the company reporting better-than-expected quarterly EPS and improved comps. The brokerage reiterated its Equal-Weight rating on the stock and $18 price target on stretched valuation. Shares of Finish Line are trading...
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Baird Downgrades Genesco To Neutral On 'Stunning' Fall-Off In Comps
Friday, September 2, 2016 - 3:01pm | 361Read More...Baird has downgraded specialty retailer Genesco Inc. (NYSE: GCO) to Neutral citing that its thesis on the company has changed. Baird substantially reduced Genesco's price target to $53, down from its previous target of $80. The company was disappointed to step aside from Genesco post Q2 earnings,...
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How Old Sneakers Have Created A $1.2 Billion Market
Wednesday, August 24, 2016 - 9:41am | 285Read More...Old shoes are far from being "old hat," as the demand for older sneakers remains strong. The sneaker resale market is worth $1.2 billion and has existed for the past 30 years, StockX CEO Josh Luber recently told Fortune. In 2014, Nike Inc (NYSE: NKE) joined the resale market and captured major...
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3D Printing: The Next Biggest Trend In Shoes
Thursday, August 4, 2016 - 9:54am | 660Read More...Under Armour Inc (NYSE: UA) has been making significant strides in its footwear business, but its next move could be the biggest one yet. With the recent news that Michael Phelps will be wearing 3D shoes in the Olympics, this little-known industry's exposure is about to explode. Phelps will...
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4 Reasons To Add Positions Of DSW Shares
Wednesday, July 13, 2016 - 8:47am | 432Read More...DSW Inc. (NYSE: DSW) could see the benefits of its new "Kids' Footwear" initiative beginning in the third quarter and then become "meaningfully more accretive" moving into FY17 and FY18, according to a note from Buckingham Research. Kickin' Kids Shoes On July 1, DSW rolled out Kids' Footwear in 203...
















