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Telsey Advisory Group Reaffirms Buy Rating for Nike
2015-10-16 21:11:00| Footwear - Topix.net
's stock had its "buy" rating reissued by analysts at Telsey Advisory Group in a note issued to investors on Friday, MarketBeat.com reports. Nike traded up 0.57% on Friday, hitting $129.52.
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How Nike will fend off Under Armour and Adidas in digital
2015-10-16 19:08:21| Footwear - Topix.net
Nike is the biggest sportswear brand globally, but rivals Under Armour and Adidas have invested heavily in digital to try and snatch that crown. But Nike this week came out fighting fit, announcing plans to increase online sales seven-fold from $1bn in fiscal 2015 to $7bn by 2020.
Nike pushes security, wants employees to 'Keep It Tight'
2015-10-16 15:03:17| Footwear - Topix.net
This has been a pivotal year for Nike. Co-founder and chairman Phil Knight set a plan in motion for his eventual departure, a massive construction project forged ahead at the company's headquarters campus near Beaverton, its share price bounced at historic highs and this week Nike boldly predicted it would have annual revenue of $50 billion by 2020.
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Nike Shares Hit All-Time High On Promise Of $50 Billion Revenues By 2020
2015-10-16 08:49:05| Footwear - Topix.net
Nike shares raced to a new high on Thursday as the sportswear king promised to hit revenues of $50 billion by 2020. If Nike can deliver on its promise, the company's guidance for $50 billion in revenue would reflect a 63% increase over the last fiscal year.
Nike 'Will Be' Part Of Apple Watch: CEO Mark Parker
2015-10-16 00:15:35| Footwear - Topix.net
"I'm excited about where the Apple Watch is going," Parker said. "I know it's a huge priority for the company.
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