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☆ Eli Lilly's big GLP-1 investment — plus, what we want from 4 portfolio stock earnings
  + stars: | 2024-05-24 | by ( Matthew J. Belvedere | ) www.cnbc.com   time to read: +3 min
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Wall Street was bouncing higher Friday after, as Jim Cramer put it, a "really bad day" in the prior session. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Thursday's, Goldman Sachs, Cramer, Eli Lilly, Locker, Mary Dillon, Nike isn't, Jim Cramer's, Jim Organizations: CNBC, Nvidia, Novo Nordisk, Costco, Nike, Jim Cramer's Charitable Locations: America, Indiana
☆ Nike's biggest threat is coming from young brands like Hoka and On Running
  + stars: | 2023-07-03 | by ( Yeji Jesse Lee | ) www.businessinsider.com   time to read: +3 min
Emerging brands like Hoka and On are beginning to compete against sneaker giant Nike. Analysts say they're concerned Nike's over-distribution is leading to "lifestyle sneaker fatigue." In four years, Hoka and On spent the equivalent of what Nike spends in two weeks. "Running has been a competitive battlefield lately with more and more brands joining the market," Donahoe said, but Nike saw 10% growth for its running footwear business over the past year, he added. "There is no newness coming out of Nike," Sam Poser, an analyst at Williams Trading said earlier this year.
Persons: —, TD Cowen, John Donahoe, Donahoe, Locker, Sam Poser Organizations: sneaker, Nike, Analysts, Service, Williams Trading
☆ 3 reasons why Nike's ex-CEO is what Disney needs right now
  + stars: | 2023-01-12 | by ( Matthew Kish | ) www.businessinsider.com   time to read: +4 min
At Nike, Parker engineered the company's direct-to-consumer push. During his 14 years as Nike CEO, the company's revenue nearly tripled. In 2017, as Nike CEO, Parker introduced the Consumer Direct Offense, an aggressive direct-sales push that's been a winner with Wall Street, although frustrating some on Main Street. While he was Nike CEO, Parker frequently used the phrase "always on the offense" to describe the company's aggressive approach to growing sales and market share. The company's stock climbed more than 760% during his CEO tenure, far exceeding the market.
☆ Nike readies the physical release of its first metaverse-driven 'Cryptokicks.' Here's how to get a pair of these real-world sneakers.
  + stars: | 2022-12-05 | by ( Matthew Kish | ) www.businessinsider.com   time to read: +3 min
Nike's RTFKT on Monday announced the upcoming physical release of "Cryptokicks iRL." The NFTs can be redeemed for physical shoes. The Nike Air Mag is the futuristic Nike shoe worn in the movie "Back to the Future 2." Nike isn't the first sneaker company to release a physical shoe designed in the metaverse. Boston-based Endstate, whose cofounders include Nike design veteran Stephanie Howard, sell virtual sneakers that come with a physical counterpart.
☆ Nike execs have become some of the hottest hires in sportswear, triggering a talent war among rivals like Lululemon, North Face, and Columbia — and raising fears of a brain drain
  + stars: | 2022-11-07 | by ( Matthew Kish | ) www.businessinsider.com   time to read: +9 min
Nike alums lead numerous brands, including Lululemon, Allbirds, Columbia Sportswear, and The North Face. Tim Sheerin, the senior vice president of global wholesale at Columbia Sportswear, at an investor day event this year. The trend has accelerated in recent years, with competing sportswear companies including Lululemon and Allbirds opening offices in Portland, Oregon. While sportswear companies are a natural fit for former Nike executives, nonathleticwear companies also have hired from Nike's top ranks. Crocs, which named the former Nike vice president Emma Minto the senior vice president of the Americas in 2020, also has been on a hot streak.
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