Why Wall Street Is Restless for a Nike Rebound

It was a cruel summer for Nike. The company’s stock is down 43% so far this year, and it was recently delisted from the S&P 100. Dick’s Sporting Goods chairman Ed Stack told Wall Street that “brown shoes” like Uggs and Birkenstocks are selling better these days than casual sneakers. And to top it off, […]

Source: www.sportico.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.