Reported 3 days ago
Ashley Owens from KeyBanc Capital Markets asserts that Nike's current struggles are not indicative of the entire athleisure market's health. While Nike faces challenges, including leadership changes, the overall industry remains strong, with emerging competitors like On Holding and Deckers thriving through innovation and product diversity. Owens encourages investors to focus on Nike's potential recovery rather than its current difficulties.
Source: YAHOO