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Alexandre Arnault joins the board after helping revive heritage brands Rimowa and Tiffany as Nike fights to restore growth and cultural relevance
Nike's (NKE) fiscal first-quarter earnings could miss Wall Street's projections amid deteriorating g
Shares of the sneaker maker are trading around $36, the lowest by far for the 30 stocks in the price-weighted average.
On September 4, 2026, Reuters reported that lululemon athletica inc. (NASDAQ:LULU) cut its full-year revenue and profit forecasts for the second time this year, days before incoming CEO Heidi O’Neill, a former Nike executive, takes over on September 8. The company now expects fiscal 2026 revenue of $10.35 billion to $10.5 billion, down from a […]
On September 15, Telsey Advisory Group cut its price target on NIKE, Inc. (NYSE:NKE) from $47 to $44 and maintained its Market Perform rating on the stock. The research firm noted that the company’s turnaround is moving slowly and even as the company is taking steps in the right direction by focusing more on sports […]
Lululemon Athletica (LULU) has fallen about 22% since late August and now trades at its lowest price in the past year. Is that a chance to buy? Its own record says dips here have paid off more often than not. The catch is that the recent ones have not. And Lululemon's own women's leggings sales, in a category it leads, fell about 20% in fiscal Q2 2026.
Investing.com -- UBS has warned of a negative catalyst ahead for Nike, saying in a note Thursday that the sportswear giant's first-quarter results are likely to bring weak guidance and downward earnings revisions.
Nike (NYSE:NKE) faces renewed scrutiny over its position in the Dow Jones Industrial Average following confirmation that it will be removed from the S&P 100 later this month. S&P Dow Jones Indices announced that Nike will leave the S&P 100 before trading begins on 21 September 2026 as part of its quarterly rebalancing, ending an 18-year period in the index.
Adobe has globally launched Student Spaces in Acrobat for free, providing students a trusted, AI-driven study platform that leverages decades of Adobe's document expertise. Initially released in beta in April 2026, the platform rapidly gained traction with more than 1 million monthly users, offering tools like adaptive flashcards, citation generation, and study guide creation to optimize learning. The latest features aim to enhance learning efficiency, ensure information authenticity, and...
Nike (NYSE:NKE) appointed Alexandre Arnault to its Board of Directors, bringing in the LVMH executive as a new outside voice. Arnault joins after senior roles at LVMH brands, where his work included brand refreshes, digital projects, and technology-focused partnerships. Nike signaled that Arnault will focus on product, communication, and digital strategy as it works to strengthen direct consumer connections. This board appointment of Alexandre Arnault is only one piece of the broader story...
The brand is releasing a line of strength training products inspired by Michael Jordan, even as Nike says it is overindexed with its classic footwear franchises.
Alexandre Arnault, deputy CEO of Moët Hennessy, has “a reputation for helping iconic global brands evolve, innovate and grow,” Executive Chairman Mark Parker said.
Alexandre Arnault joins Nike's board with a CryptoPunk in hand, nine months after the brand dumped its NFT studio.
There was already blood in the water.
Nike looks cheap, but the turnaround still needs proving.
Arnault’s appointment adds luxury-brand expertise to Nike’s leadership as the company faces declining sales and a prolonged stock slump.
Nike (NKE) closed the most recent trading day at $35.78, moving 1.21% from the previous trading session.
He currently serves as the deputy chief executive officer of Moët Hennessy.
Wrapping up Q2 earnings, we look at the numbers and key takeaways for the consumer discretionary - footwear stocks, including Nike (NYSE:NKE) and its peers.
Lululemon stock has shed nearly a fifth of its value in a single month, but figuring out how much of that damage belongs to Lululemon specifically and how much spilled across the whole athletic-apparel sector changes the calculus for anyone deciding whether to hold or walk away.
With a record yield of 4.5%, is Nike stock a great buy right now?
Stocks that are most closely tied to the health of the US consumer have trailed the broader market badly this year. A potential Federal Reserve interest-rate hike Wednesday may add to the segment’s stress.
Housing weakness, a prolonged athleticwear turnaround, and rising cruise fuel costs weighed on investor sentiment.
Nike (NKE) closed the most recent trading day at $36.22, moving 2.25% from the previous trading session.
Telsey believes that Nike’s strategic changes have yet to produce a broad sales recovery, according to The Fly.
NKE's wholesale recovery is uneven, with North America improving while international weakness and promotional pressure challenge its broader turnaround.
Anthony Katz developed the first Hyperice to soothe his aching knees after years of basketball wear and tear. He never imagined the homemade solution would become the foundation for a billion-dollar recovery company, backed by the world’s biggest athletes and now partnered with Nike.
Brockman's stake in OpenAI made him the 45th-wealthiest American, ahead of his boss Sam Altman, who did not make the list
Deckers Outdoor has stumbled relative to the broader consumer discretionary sector over the past year, but Wall Street remains cautiously bullish, with analysts seeing room for the stock to rebound.
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