Where Will Nike Be in 5 Years?
Nike (NYSE: NKE) has been a very rewarding investment for shareholders. Over the last five years, the stock has more than doubled. The brand is hotter than ever due to rising demand for sneakers, which is further evidence that the athleisure trend is continuing to gain momentum.
The strength of that trend is pushing Nike and other athletic wear brands to partner with stars outside of sports, such as celebrities and social media influencers, on exclusive sneaker lines, which allows the top brands to tap into the widespread following celebrities have on social media.
Here's a look at five things that should continue to drive growth at Nike.
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