The Rise and Fall of the Sneaker Giants
In this segment from Market Foolery, host Chris Hill and Motley Fool Hidden Gems' Abi Malin discuss the changing landscape in the sneaker and athletic apparel business. Adidas, which just a few years ago was in the doldrums, has surged to the No. 2 sneaker maker spot thanks to new leadership and a better strategy, while Nike (NYSE: NKE) and Under Armour (NYSE: UA) (NYSE: UAA) were both recently downgraded by analysts. But Nike's troubles are focused on one segment of its business, while Under Armour's woes look more broad-based.
A full transcript follows the video.
Source: Fool.com