Adidas

With the height of signature athletes’ influence in decline, the question becomes: Are high paid athletic endorsements really worth it anymore? Basketball shoe sales are declining and may not come back anytime soon, yet brands continue to pony up big money to secure key basketball...

One analyst is backtracking on his call on Dicks Sporting Goods Inc (NYSE: DKS), claiming he overestimated the company's ability to achieve guidance and maintain profitability in spite of structural and cyclical headwinds. Cowen analyst John Kernan believes the price war Dicks is currently...

Foot Locker Inc (NYSE: FL) is in disaster recovery mode after missing on earnings and sales in the second quarter, causing the stock to lose nearly a quarter of its value Friday. Looking to our recent footwear industry sector recap, outside of adidas AG (ADR) (OTC: ADDYY) and Puma AG Rudolf...

With major footwear brands' second-quarter earnings reports in the books, Benzinga caught up with NPD Group’s footwear analyst Matt Powell to gauge sentiment. The second-quarter sales trend in athletic footwear was better than the first quarter, primarily due to calendar shifts, not...

When adidas AG (ADR) (OTC: ADDYY) named Mark King president of North America in 2014, the company needed to win the region if it wanted to win in the world of sports apparel. At the time, it was generally understood the company didn’t place much focus on and didn’t fully understand the...

Under Armour Inc (NYSE: UAA)'s fall from grace has really become apparent after delivering disappointing second-quarter results this week. The company lowered 2017 sales guidance and announced a restructuring plan that will see a 2 percent cut in its workforce. Under Armour recently hit a new 52-...

When it comes to the world of sports apparel, Nike Inc (NYSE: NKE) has basketball and adidas AG (ADR) (OTC: ADDYY) has soccer. On Wednesday, Adidas further solidified its association with the world’s most popular sport by extending its long-term partnership with the MLS through 2024. The deal...

Under Armour, Inc. (NYSE: UAA) shares plummeted nearly 7 percent Tuesday, despite a second-quarter earnings and sales beat. The Baltimore-based sportswear company lowered its fiscal-year 2017 sales guidance and expects the rest of the year's EPS to come in lower than consensus. 2017 revenue...

Adidas AG (ADR) (OTC: ADDYY) announced its preliminary second-quarter results on Thursday and has raised its guidance for the rest of 2017. Sales of the surging German sportswear company increased 19 percent on a currency neutral basis to 5 billion euros in the quarter. Operating profits increased...

As we gear up for the back-to-school season, a struggling footwear and apparel market is seeing significant promotional activity and discounting. "In my 17 years of doing research, this is the most promotional back-to-school I have seen,” Matt Powell of NPD Group told Benzinga. “...

Nike Inc (NYSE: NKE) may be surging after a fourth-quarter earnings beat, but its performance in North America is a cause for concern. “The continued decline of Nike’s U.S. business is disturbing. Outside the U.S. there is much greater parity between Adidas and Nike,” Matt Powell...

Nike Inc (NYSE: NKE) will release its highly anticipated fourth-quarter earnings Thursday. Investors and analysts will be looking for some key commentary regarding the company's shift in strategy and recent Amazon.com, Inc. (NASDAQ: AMZN) partnership following the news of its “reset”...

The "us vs. them mentality" is something everyone in athletics knows all about. Under Armour Inc (NYSE: UAA) CEO Kevin Plank is no different. Plank said Nike Inc (NYSE: NKE) does not fight fair, in a recent interview with NBC’s "Today Show." “Big companies do what...

With Nike Inc (NYSE: NKE) set to release its fourth-quarter earnings Thursday, analysts are looking ahead to see if the sportswear giant can reverse the negative sentiment currently surrounding the company. A Few Potential Catalysts, But No Clear Ringer With the company putting a greater emphasis...

The NBA draft often serves as one of the biggest platforms for major footwear companies. It offers these brands the opportunity to secure the next wave of talent that will be leaders in the basketball segment. Josh Jackson A Key Move For UA The most notable signing of the draft could be from...