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'90s TV Star Topanga Is A Sneaker Head: Her 5 Favorites
Friday, July 7, 2023 - 1:38pm | 776People who grew up in the 1990s will remember the hit television series “Boy Meets World.” Known for her role as Topanga, actress Danielle Fishel surprised fans Friday when she revealed that she is a sneakerhead, a phrase used for collectors of sneakers. What Happened: Fishel said she...
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Jim Cramer Wants You To Keep An Eye On 'World's Fastest Growing' Sneaker Brand Backed By Roger Federer
Friday, May 19, 2023 - 7:25am | 476Jim Cramer, the CNBC Mad Money host, weighed in on this Swiss sneaker maker that's backed by tennis legend Roger Federer. What Happened: According to Cramer, On Holding AG (NYSE:ONON), launched in 2010, is the "fastest growing sneaker company in the world." He said this on the heels of On Holding's...
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'Mona Lisa' Of Sneakers Go On Sale: What You Need To Know About The Unique Jordans
Tuesday, February 28, 2023 - 12:34pm | 348Sotheby’s, the fine art auction house headquartered in New York City, will sell six pairs of ultra-rare Michael Jordan sneakers. Jordan wore each pair of shoes to be sold in the six championships that the Bulls won in the 1990s. The shoes are the “Mona Lisa” of sneakers, ...
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Foot Locker Is In Short Squeeze Territory, Stock Is Presenting A Buy Says Analyst
Friday, January 20, 2023 - 4:23pm | 410Athletic footwear and apparel retailer Foot Locker, Inc (NYSE: FL) had a strong 2022, booking $8.96 billion in revenue along with $893 million in earnings. An analysis of Foot Locker's valuation metrics revealed the company presented a compelling investment opportunity, according to...
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EXCLUSIVE: Scottie Pippen On NFT Launch, Connecting With Fans In A New Way, Sneakers In Video Games
Monday, December 19, 2022 - 8:17pm | 1312Web3 entertainment company Orange Comet partnered with NBA legend Scottie Pippen on an NFT collection launch. Pippen shared with Benzinga his history with NFTs and why he’s excited about the launch of his collection. Getting Introduced to NFTs: Pippen told Benzinga he’s been hearing...
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Kanye West Isn't The King: Foot Locker Ditches Yeezy, Then Raises Guidance
Friday, November 18, 2022 - 4:29pm | 428Shares of Foot Locker, Inc. (NYSE: FL) jumped as much as 15% Friday after the hypebeast shoe and athletic retailer posted third-quarter results demonstrating strong consumer demand despite inflation pressure. There were no consequences to the company's bottom line after cutting ties with Ye,...
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'Welcome To 2052': Here Comes Nike's Metaverse NFT Wearables
Saturday, April 23, 2022 - 8:24am | 345Nike Inc (NYSE: NKE), along with the RTFKT, recently announced the launch of its first Ethereum (CRYPTO: ETH) NFT sneakers, called CryptoKicks. Last year in Dec, Nike acquired RTFKT, a leading brand for digital sneakers and fashion. NFT sneakers are digital wearable items that are designed...
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Sustainable Fashion: Colombian Hemp Sneakers Now Available At Macy's
Monday, February 21, 2022 - 11:35am | 762By Hernan Panessi, Via El Planteo. "It's a big challenge to position yourself in a market with so much supply," acknowledges Nicolás Vásquez, General Manager of Hemp Textiles y Co., the company behind the Colombian brand Stardog Loungewear, after signing an...
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Sneakers On Ethereum Blockchain: StockX Seeks To Bridge Gap Between Physical And Virtual Worlds With NFTs
Tuesday, January 18, 2022 - 11:37pm | 447StockX, an online sneaker and streetwear marketplace, said that it is launching an experience where customers can invest in non fungible tokens or NFTs tied to physical products such as sneakers. What Happened: On Tuesday, Scott Cutler, CEO of StockX, announced the launch of a new “VaultNFTs...
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Sneaker, Streetwear Marketplace StockX Said To Aim For IPO Within 6 Months
Thursday, January 13, 2022 - 12:44am | 385eBay Inc (NASDAQ: EBAY) rival StockX, an online exchange for sneakers and street apparel, is aiming to go public as soon as the first half of 2022, according to a Bloomberg report. What Happened: The Detroit-based company is roping in Morgan Stanley (NYSE: MS) and Goldman Sachs Group Inc (NYSE: GS...
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This Shoe Stock Has A Better 1-Year Return Than Disney, Nike, Nio And Netflix
Tuesday, January 11, 2022 - 4:18pm | 295Skechers USA Inc (NYSE: SKX) stock might not have received the most headlines in 2021, nor will the company’s shoes turn the most heads, nonetheless traders and investors were treated to nice returns over the past year. Since January 2021, Skechers stock’s one-year return has...
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Nike Down Before Earnings On Heavy Options Volume
Monday, December 20, 2021 - 4:28pm | 541Nike Inc (NYSE: NKE) is down more than 3% on the day heading into its earnings release, after the market closes today. As the COVID-19 omicron variant concerns continue to pop up in multiple countries, options traders are looking bearish on Nike, potentially over fears travel and holiday...
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BofA Bearish On Foot Locker After Nike Warns Of Supply Chain Issues
Thursday, September 30, 2021 - 4:33pm | 299Supply chain delays could continue to put Foot Locker, Inc’s (NYSE: FL) earnings at risk in the first half of 2022, according to BofA Securities. The Foot Locker Analyst: Lorraine Hutchinson reinstated coverage of Foot Locker with an Underperform rating and a price target of $45. The Foot...
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Roger Federer-Backed Sneaker Company Shoots Up Over 46% On NYSE Debut
Wednesday, September 15, 2021 - 11:53pm | 335Tennis legend Roger Federer-backed On Holding AG (NYSE: ONON) saw its share soar almost 46% in Wednesday’s trading after it made its debut on the NYSE. What Happened: The Switzerland-based company is now valued at nearly $11 billion at the end of the trading day. The running shoemaker sold 31...
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This Shoe Store Company Has A Better One-Year Return Than Amazon, Apple, Disney, Microsoft, Netflix, PayPal and Tesla
Thursday, August 19, 2021 - 2:27pm | 397Foot Locker, Inc. (NYSE: FL) always reminds me of simpler times, such as scouring the local mall for the hottest pair of new sneakers while eating a jumbo pretzel from the food court. Surprisingly, the company’s stock has been on a tear, trading up more than 90% in the last year. Since...