The last time I wrote about Nike was in February of 2012, in this article, when the price was $52 per share (adjusted for a stock split in Q4 2012). I have since purchased the stock on a pullback ($43) and it has performed admirably, now at a price of $67.
It's got to be the shoes! Those famous words mean anything to you? They should. The infamous Mars Blackmon uttered this phrase many times in referring to the monumental achievements that one Michael Jordan was able to accomplish in his epic shoes.
Any followers of the sportswear apparel industry have undoubtedly noticed the incredible resurgence of adidas (OTCQX:ADDYY). The stock has skyrocketed from 52week lows of $36.12 to its current price of $85.47.
The ASTM has allowed for manufacturers to continue to produce footwear using existing inventory tags with the ANSI rating system. The ANSI rating of 75 falls under the ANSI Z75, Standard for Personal Protection Protective Footwear, which has been replaced by the new ASTM International standards entitled F241205 Standard Test Methods for Foot Protection and F241305 Standard Requirements for Protective Footwear.
I'm you know 21 year old in college and I'm still a http://www.goldengoosesale.com/ virgin I feel like I'm the only one. And in reality they're not the only one.
They're making tennis shoes out these and entering the fashion world. Environme environmentally friendly.
She goes Reporter: And while modeling is a fun summer job, sailor says photography, her first love, Golden Goose Sneakers is what she's passionate about. Nothing else really excites me.
I still think there are short opportunities in the mall space; I'm short GPS and have been trying to find the right time to do the same with Finish Line (NASDAQ:FINL) despite the enthusiasm in the sneaker industry. [That does step a bit outside the "destination" argument, but with FINL a clear second to Foot Locker (NYSE:FL) and Nike (NYSE:NKE) building out its DTC business, I see that "destination" benefit fading, and FINL's valuation is dearer than most of its mallheavy peers.] Because there doesn't appear to be a catalyst to reverse declining mall traffic.