FDRA | Andy Polk

26 Jul Puma’s Currency-Neutral Sales Climb 15 Percent In Q2

Posted at 12:11h in FDRA, Latest News

Puma reported earnings rose 37.8 percent in the second quarter on improving margins and continued sales momentum....

26 Jul Iconix Brand Group Announces Cooperation Agreement With Sports Direct

Posted at 12:08h in FDRA

Iconix Brand Group Inc. announced that it has entered into a cooperation agreement with Sports Direct International plc, pursuant to which Sports Direct has the right to appoint two members of the company’s board of directors....

26 Jul Reebok Partners With Danai Gurira

Posted at 11:49h in FDRA, Latest News

The global fitness brand and Gurira will together enable women of all walks of life become their own heroes, furthering Reebok’s mission of helping people around the world to Be More Human....

26 Jul Under Armour See North American Rebound

Posted at 11:48h in FDRA, Latest News

“Through the first half of 2018, we are making progress toward our transformation of running a more operationally excellent company while amplifying the power of the Under Armour brand,” said Under Armour Chairman and CEO Kevin Plank. “...

19 Jul Jefferies Downgrades Genesco To Hold

Posted at 22:58h in FDRA

Jefferies lowered its rating on Genesco Inc. to “hold” from “buy” due to expectations that Journeys’ sales will moderate in part due to expectations that Vans’ recently-robust gains will also show some moderation. The investment firm also cited risks around a Lids’ sale and the...

19 Jul Deutsche Bank Sees Momentum At Vans, Bounce Back For North Face

Posted at 22:51h in FDRA

Deutsche Bank Research initiated coverage of VF Corp. with a “Buy” rating, in part because the firm sees Vans continuing to benefit from healthy streetwear trends in the years ahead while The North Face appears ready to re-accelerate growth....

19 Jul Does 2026 World Cup Present “Open Goal” For Adidas?

Posted at 22:50h in FDRA

In a 26-page report, analysts at Macquarie Research said the 2026 World Cup, which is taking place in North America, represents a major opportunity for Adidas to increase the company’s lead in the sport of global football (soccer) and could significantly help narrow the company’s...

19 Jul Jim Baugh Discusses Possible PHIT Act Passage

Posted at 22:45h in FDRA

On Thursday, the U.S. House of Representatives Committee on Ways & Means approved the PHIT Act, bringing the bill the closest it’s come to becoming law since its inception....

19 Jul Did Adidas Or Nike Win The World Cup?

Posted at 22:43h in FDRA

Sponsoring the two finalists at the World Cup was a sign to some observers that Nike had outperformed Adidas in driving brand awareness, and likely sales, from summer’s biggest sporting event. But both brands appear to have benefited....

19 Jul Adidas Downgraded On Heightened Competition

Posted at 22:41h in FDRA

Wells Fargo Securities downgraded shares of Adidas due to renewed growth in North America at Nike, continuing explosive growth at Vans and some lackluster results from the launch of new Adidas platforms....

Author: Andy Polk