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Does the retrenching at Reebok (ADDYY.PK) set up Nike (NKE) to gain market share? The momentum...
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Friday, September 21, 2012, 8:45 AM ETDoes the retrenching at Reebok (ADDYY.PK) set up Nike (NKE) to gain market share? The momentum could be going its way after it replaced Reebok as the official supplier of apparel for the NFL and the latest round of comments from Adidas execs point to a focus on margins over aggressive sales growth. Also below the radar: Nike has an association with Apple through its Nike Fuel Band that could get a shot in the arm with global iPhone 5 sales skyrocketing.
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This news story has 1 comment:
look at nike's chart- when it's so high in august as it was, it always splits.
the only reason it didn't split last year was because of the change in accounting a year or so before.
nike is a solid bet.