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Nike's Problems Aren't Going Away Anytime Soon

TheMotleyFool 
0 0 23.09.17
Nike's Problems Aren't Going Away Anytime SoonPhoto, wide shot, wide-angle lens, Home appliance manufacturer, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Michael Light: https://img.theapi.app/temp/5d70b6df-fa9b-4237-9702-39c36cb1d4f8.png
 
Nike's Problems Aren't Going Away Anytime Soon

Nike Inc (NYSE: NKE) has reigned over the sports world for more than a generation, but its grip on the crown is starting to weaken.

First, it failed to make the best-selling sneaker in the country for the first time in more than a decade last year as the throwback Adidas (NASDAQOTH: ADDYY) Superstar claimed the top spot. Nike filled out the rest of the top ten, but that was small consolation for a company accustomed to winning. 

Now we just learned that in August, Adidas passed Nike's Jordan Brand to become the No. 2 sneaker line in the country, according to the research firm NPD Group, behind Nike Brand itself. 

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Source: Fool.com

Under Armour Inc. A Stock

€4.61
-0.540%
The price for the Under Armour Inc. A stock decreased slightly today. Compared to yesterday there is a change of -€0.025 (-0.540%).

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