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Nike's Warning Shakes European Footwear Stocks
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Financial Times - Business
Nike shares tumble 20% as sales warning rattles retailers
Sportswear maker says it is taking aggressive action to reorganise inventory after weaker than expected quarter -
The Guardian - World
Far-right advance in France prompts warnings from European leaders
Donald Tusk warns of politicians advocating for Putin while Marine Le Pen’s allies celebrate RN’s gains. Mainstream European politicians have warned about the advance of the far right, after Marine Le Pen’s National Rally (RN) made historic gains ... -
MarketWatch - Business
Stocks are headed for a ‘summer squall,’ Citi warns
Citigroup equity strategist Scott Chronert has a list of reasons why a pullback this summer could be triggered in the stock market -
Financial Times - Business
Now everyone is worried about France, is it time to buy European stocks?
Macron madness rings my contrarian bells -
CNBC - Business
Nike shares plunge after retailer says quarterly sales will fall 10%, warns on China weakness
Nike has found itself in a rough patch as the sneaker giant has worked to claw back market share it's ceded to upstarts like On Running and Hoka.China -
The Wall Street Journal - World
Puma, Adidas and JD Sports shares fell after U.S. peer Nike warned that sales for fiscal 2025 are expected to fall.
Puma, Adidas and JD Sports shares fell after U.S. peer Nike warned that sales for fiscal 2025 are expected to fall. -
MarketWatch - Business
Don’t mix politics and portfolios: stock market reacts to presidential debate
History indicates that investors should work to separate any partisan enthusiasm or disdain from their portfolio choices, particularly as the battle for the presidency goes through its usual twists and turns. -
MarketWatch - Business
Nike’s stock sees biggest drop ever as some analysts question company’s leadership after downbeat forecast
As Nike shares ended Friday with their biggest drop ever following the sneaker maker’s pessimistic outlook a day earlier, Wall Street analysts were retrenching — with some even questioning the company’s management. -
CNBC - Business
Nike CEO John Donahoe comes under fire as stock sees worst day on record
Nike's CEO John Donahoe has helmed the sneaker giant for nearly five years, but under his watch, its stock has underperformed and its lost market share.
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