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2023-04-14 23:45:00 ET Summary ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers. A crisis-driven rotati...
2023-04-14 03:05:00 ET Summary ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers. A crisis-driven rotati...
2023-04-13 06:12:57 ET Summary Puma brand momentum is a positive catalyst and better supports the company's inventory management. In China, the company managed to outperform Adidas as well as Nike. Puma is still trading at a depressed valuation vs its closest peers. Our buy ra...
2023-04-03 16:23:09 ET Summary On is revolutionizing running — makes you feel like you're running on clouds. On is building a culture — igniting the power of the Human Spirit through movement. On is creating circular systems — Cyclon could produce near-100...
2023-03-29 11:17:27 ET Summary Lululemon Athletica Inc. is my top pick in the apparel clothing sector as it shows very impressive margins, brand strength, and has a long runway of growth ahead of it. Q4 2022 results were above the Wall Street consensus as growth remained strong, d...
2023-03-28 06:55:49 ET German footwear and apparel giant Adidas AG ( OTCQX:ADDYY ) has lost a partnership with another American music star, according to reports on Tuesday. Per the Wall Street Journal, the two parties have agreed to end their partnership following disapp...
2023-03-22 11:30:00 ET Summary Nike, Inc. delivered an excellent third quarter earnings report that easily outperformed both my own and analyst estimates. Nike looks like it has its inventory better under control with a sequential decline. Strong growth across all regions look...
2023-03-08 13:36:09 ET adidas AG (ADDYY) Q4 2022 Earnings Conference Call March 8, 2023 9:00 a.m. ET Company Participants Sebastian Steffen - Head of Investor Relations Bjorn Gulden - Chief Executive Officer Harm Ohlmeyer - Chief Financial Officer Conferenc...
Summary New CEO Bjorn Gulden kicks off his tenure with a major reset of adidas' FY23 guidance. While the size of the writedowns at Yeezy and the 'strategic review' allocation indicate conservatism, the new CEO's turnaround plans could still entail more P&L disappointments ahead. ...
Adidas ( OTCQX:ADDYY ) shares slumped on Friday after the company warned about an outsized impact on the bottom line resulting from the company’s severed ties with Kanye West. According to a company statement, the company’s decision not to sell existing Yeezy stock i...
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SAN DIEGO, Nov. 07, 2023 (GLOBE NEWSWIRE) -- The Shareholders Foundation, Inc. announced an update in the lawsuit that is pending for certain investors in shares of adidas AG (OTC: ADDYY, OTC: ADDDF). Investors, who purchased adidas AG (OTC: ADDYY, OTC: ADDDF) shares long-term and continue to...
Famed jeweler and luxury retail brand %Tiffany & Co. is selling non-fungible tokens ( %NFTs ) for 30 %Ethereum ($ETH) each, which is equivalent to about $50,000 U.S. apiece. Tiffany is launching its own NFT collection, called %NFTiff . The collection features 250 NFT...
Adidas (OTCMKTS: ADDDF) revealed Thursday that it had reached an agreement to sell its Reebok brand to Authentic Brands Group for a sum of USD2.5 Billion, in a majority cash deal. “Reebok has been a valued part of Adidas, and we are grateful ...