sports apparel

Under Armour, Inc. (NYSE:UAA) shares are trading higher on Tuesday after the company reported fourth-quarter results. The company reported: Adjusted earnings per share of 8 cents loss, in line with the analyst consensus estimate. Quarterly sales of $1.18 billion (down 11% year over year) outpaced...

Nike Inc (NYSE:NKE) is shaking up its leadership structure in a bid to reinvigorate growth, but Wall Street remains cautious. Telsey Advisory Group analyst Cristina Fernandez on Tuesday reiterated a Market Perform rating on the shares of Nike and lowered the price forecast from $80 to $70. Nike...

V.F. Corp (NYSE:VFC) reported second-quarter financial results after the market close on Monday. Here’s a rundown of the report. Q2 Earnings: VF Corp, the parent company of Vans and The North Face, reported second-quarter revenue of $2.8 billion, beating the consensus estimate of $2...

JPMorgan analyst Matthew R. Boss flagged several troubling signs for Nike Inc (NYSE:NKE), which may have investors tightening their seatbelts. Boss maintains a neutral rating with a price target of $77 for December 2025 on Nike stock. His insights from the filing reveal potential challenges that...

Skechers USA Inc. (NYSE:SKX) has filed a lawsuit against LL Bean accusing the company of illegally copying its shoe designs. The shoe company filed the complaint in Manhattan federal court. It alleges that LL Bean’s Freeport casual shoes infringe on two patented designs for “heel cups...

U.S. markets ended in the green on Tuesday as fears over liquidity crunch in the banking system ebbed and focus shifted to the Federal Reserve policy meet outcome where the bulk of the market participants expect the central bank to raise rates by 25 bps. The Nasdaq Composite closed 1.58% higher...

When legendary NBA player Kobe Bryant passed away in 2020 at the age of 41 he left a lasting legacy on and off the court. This legacy continues with several product launches and new plans to bring his brands to the metaverse. What Happened: The Kobe Bryant estate led by Vanessa Bryant has...

A new trading card giant is taking shape with an acquisition of one of the most well-known brands in the space. The acquisition comes from a company that became their biggest competitor and cost the company the opportunity to go public with a big payday. What Happened: Sports e-commerce company...

Under Armour Inc (NYSE: UAA)'s stock lost around 50 percent of its value throughout 2017 and one notable Wall Street analyst sees the stock's woes continuing in 2018. The Analyst Macquarie Research's Laurent Vasilescu downgraded Under Armour's stock from Neutral to...

Under Armour Inc (NYSE: UAA)'s stock is not only on track to end 2017 notably in the red, but on pace for its worst trading year ever. The Expert Chad Morganlander, a portfolio manager with Washington Crossing Advisors, and Boris Schlossberg, managing director of FX strategy at BK Asset...

The athletic apparel industry comes into focus as Under Armour Inc (NYSE: UAA) is set to release first-quarter earnings next week. Deutsche Bank maintains a Hold rating and a $17 price target ahead of earnings, citing mixed channel checks. Breaking Down Under Armour According to the German-based...

According to Sports Business Daily, Under Armour Inc (NYSE: UA) scored a major win, as it teamed up with Fanatics to ink a deal to produce Under Armour-branded on-field jerseys for Major League Baseball teams starting in the 2020 season. Fanatics is the largest seller of online sports apparel and...

Wednesday morning, the United States Patent and Trademark Office’s Trademark Trial and Appeal Board ruled in favor of five Native Americans in the “Blackhorse v. Pro Football, Inc." decision, canceling the trademark of the name of the Washington Redskins. Washington will be...