Author: Thomas J. Ryan

Nike, Air Jordan And Lululemon Stand Out In Cowen’s Gen Z/Millennial Survey

Nike, Air Jordan And Lululemon Stand Out In Cowen’s Gen Z/Millennial Survey

Cowen's fourth annual Gen Z and Millennial survey found that Nike, Air Jordan and Lululemon have solid traction by preference in the active lifestyle space among the younger demographic. The North Face and Amazon also ranked high by preference, and the overall survey suggested ESG and social commerce gained greater momentum in 2021. (Read More)

Nike Scores “Buy” Rating From Goldman Sachs

Nike Scores “Buy” Rating From Goldman Sachs

In initiating coverage of Nike Inc. with a "buy" rating, Goldman Sachs noted that sportswear giant is facing more macro headwinds, including weakness in China, supply chain disruption and cotton inflation, "than it has in some time." However, analyst Kate McShane said Nike’s underlying fundamentals remain solid, and the recent pullback offers some stock upside. (Read More)

Inside The Call: Levi’s Eyes Multiple Growth Opportunities From Beyond Yoga Acquisition

Inside The Call: Levi’s Eyes Multiple Growth Opportunities From Beyond Yoga Acquisition

In his first comments to the investment community on Levi Strauss’ acquisition of Beyond Yoga, Chip Bergh, Levi’s president and CEO, cited opportunities to expand the Los Angeles, CA-based yoga brand into retail, men’s and international as well as take advantage of growth momentum in the overall performance athletic category. (Read More)

Wall Street Reacts: Nike’s Q122

Wall Street Reacts: Nike’s Q122

Shares of Nike Inc. fell 6.2 percent on Friday after the athletic giant slashed its growth outlook for the current year due to COVID-19-driven port congestion and factory shutdowns in Vietnam. A few analysts remained cautious on Nike’s stock given the uncertainty around the supply chain and China growth but Wall Street remains bullish on the brand’s long-term growth prospects. (Read More)

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