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Under Armour lifts profit forecast on cost savings, shares surge

UPDATE 4-Under Armour lifts profit forecast on cost savings, shares surge Adds CEO comment in paragraph 5 and updates shares in paragraph 1 By Ananya Mariam Rajesh Nov 7 (Reuters) - Under Armour shares UAA.N shot up 2 0 % on Thursday as the sportswear maker raised its annual profit forecast, betting on lower input costs and cost-saving strategies such as fewer discounts at its own stores and website.
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Retail stocks tumble as Trump's China tariff threat looms

BUZZ-Retail stocks tumble as Trump's China tariff threat looms Updates ** Shares of retailers with import exposure to China fall after Donald Trump elected U.S. president ** Trump said in February he would impose tariffs exceeding 60% on China , if elected ** Shares of Target TGT.N down ~3%, while Walmart WMT.N down marginally ** Online furniture retailer Wayfair W.N drops ~15% to a near year-and-a-half low, Williams-Sonoma WSM.N down 5%, RH RH.N down ~5% ** Home Depot HD.N and Lowe's LOW.N down
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Retail stocks tumble as Trump's China tariff threat looms

BUZZ-Retail stocks tumble as Trump's China tariff threat looms ** Shares of retailers with import exposure to China fall after Donald Trump elected U.S. president ** In Feb, Trump said he would impose tariffs exceeding 60% on China if elected ** Shares of Target TGT.N down nearly 3%, while Walmart WMT.N down marginally ** Shares of online furniture retailer Wayfair W.N down 10%, Pottery Barn-parent Williams-Sonoma WSM.N down 4%, while RH RH.N down nearly 6%, while high-end furniture retailer RH
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Puma CEO sees better holiday trading after Q3 sales miss expectations

UPDATE 3-Puma CEO sees better holiday trading after Q3 sales miss expectations Puma Q3 sales up 5% to 2.31 bln euros EMEA sales grow just 0.8% Weaker foreign currencies hurt sales in euro terms Puma CEO says demand for 'Speedcat' shoe is growing Adds CEO quotes in paragraphs 2, 3, 9 and 10, updates share price By Linda Pasquini and Helen Reid Nov 6 (Reuters) - German sportswear maker Puma's PUMG.DE third-quarter sales missed expectations on Wednesday due to sluggish demand and as weaker currenci
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Footwear maker On Holding gains after UBS Global Research hikes PT

BUZZ-Footwear maker On Holding gains after UBS Global Research hikes PT ** U.S.-listed shares ONON.N of Swiss sports footwear maker On Holding up ~1% at $47.13 ** Brokerage UBS Global Research raises PT on company's shares to $61 from $55, says company's ongoing sales momentum would boost sentiment around the stock ** Increased confidence in ONON's ability to drive sustainable sales growth and margin expansion - brokerage ** High-double-digit growth in ONON's U.S.
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Temu considers joining European anti-counterfeit group

UPDATE 1-Temu considers joining European anti-counterfeit group Adds Temu comment in paragraph 4, updates user numbers in 11, adds European Commission investigation in 6 By Helen Reid LONDON, Oct 31 (Reuters) - Chinese online retailer Temu is considering joining a group of ecommerce platforms and brands that collaborate to prevent the sale of fake products online in Europe, according to a meeting agenda seen by Reuters.
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Estee Lauder pulls annual forecasts on uneven China recovery, new CEO

UPDATE 6-Estee Lauder pulls annual forecasts on uneven China recovery, new CEO Company does not expect China stimulus boost in Q2 Cuts quarterly dividend by nearly half Sees Q2 EPS of 20-35 cents vs. est of $1.06 Shares set for worst day on record, last down 19% Adds CEO comment in paragraph 5 By Ananya Mariam Rajesh Oct 31 (Reuters) - Estee Lauder EL.N shares slumped as much as 27% on Thursday, after it pulled its annual sales and profit forecasts and cut its dividend as it faces an uncertain o
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Temu considers joining European anti-counterfeit group

Temu considers joining European anti-counterfeit group By Helen Reid LONDON, Oct 31 (Reuters) - Chinese online retailer Temu is considering joining a group of ecommerce platforms and brands that collaborate to prevent the sale of fake products online in Europe, according to a meeting agenda seen by Reuters. The "Memorandum of Understanding (MoU) on the sale of counterfeit goods on the internet" is a voluntary agreement facilitated by the European Commission, and signatories include online retail
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Nike Appoints Ann Miller As EVP, Global Sports Marketing

BRIEF-Nike Appoints Ann Miller As EVP, Global Sports Marketing Oct 30 (Reuters) - Nike Inc NKE.N : NIKE, INC. APPOINTS LONG-TIME LEADERS ANN MILLER AS EVP, GLOBAL SPORTS MARKETING AND ROB LEINWAND AS EVP, CHIEF LEGAL OFFICER NIKE INC - JOHN SLUSHER TO RETIRE AS EVP, GLOBAL SPORTS MARKETING AT NIKE Source text: ID:nBw41t1Rna Further company coverage
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Olympics-Nike executive Slusher named CEO of USOPP

Olympics-Nike executive Slusher named CEO of USOPP By Rory Carroll LOS ANGELES, Oct 30 (Reuters) - Longtime Nike executive John Slusher on Wednesday was named CEO of the U.S. Olympic and Paralympic Properties (USOPP), the entity charged with marketing and selling commercial assets for the 2028 Games in Los Angeles and rights to Team USA through 2028. Slusher will oversee all LA28 and USOPP revenue including domestic sponsorship, consumer products, hospitality and ticket sales, LA28 said in a sta
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Adidas sees strong sales in China as it opens more stores

UPDATE 6-Adidas sees strong sales in China as it opens more stores Q3 currency-neutral sales up 9% in Greater China North America currency-neutral sales down 7% Gross margin increases 2 percentage points Shares up 3.3% Updates shares, adds Yeezy sales, rephrases analyst quote in paragraph 6 By Linda Pasquini and Helen Reid Oct 29 (Reuters) - Adidas ADSGn.DE saw strong growth in Greater China in the third quarter, while sales in North America excluding Yeezy shoes were up thanks to improving bran
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Bricks over clicks as shops come back into fashion in Europe

ANALYSIS-Bricks over clicks as shops come back into fashion in Europe Retailers open physical stores to help fend off new competitors Europe selling space in sqm to increase to 2.7% in 2028 vs 2022 Decathlon tempts customers with areas to play sports Retailers see more online sales in areas near physical stores By Alberto Chiumento and Paolo Laudani Oct 28 (Reuters) - The rise of online shopping has led to swathes of store closures, casting doubt over the future of retail malls and high streets,
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U.S. STOCKS Nvidia, Tesla, Meta

BUZZ-U.S. STOCKS ON THE MOVE-Nvidia, Tesla, Meta Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The Nasdaq rallied to a fresh intraday record on Friday, lifted by megacaps as Treasury yields slipped from the week's high while investors looked ahead to quarterly results from some of Wall Street's biggest companies next week.
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U.S. STOCKS Intel, Colgate-Palmolive, Mohawk Industries

BUZZ-U.S. STOCKS ON THE MOVE-Intel, Colgate-Palmolive, Mohawk Industries Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The main U.S. indexes rose on Friday, as Treasury yields slipped from the week's high and relieved the pressure on megacaps, and investors awaited quarterly results from some of Wall Street's biggest companies next week.
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Deckers Outdoor jumps on raising annual sales forecast; lifts peers

BUZZ-Deckers Outdoor jumps on raising annual sales forecast; lifts peers Updates ** Shares of Hoka owner Deckers Outdoor DECK.N up as much as 13.5% at $172.57 - highest since June 17 ** Company raises its annual sales forecast and beats Q2 results on resilient demand for its Hoka shoes and UGG boots ** If gains hold, stock set for best day since Ma
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Deckers Outdoor shares dash ahead on surging demand for Hoka shoes

UPDATE 1-Deckers Outdoor shares dash ahead on surging demand for Hoka shoes Adds analyst comments in paragraph 3, 6 and 7, updates share movement to market open By Anuja Bharat Mistry Oct 25 (Reuters) - Deckers Outdoor DECK.N shares jumped about 1 1 % on Friday after the shoemaker raised its annual sales forecast betting on strong demand for its shoes and boots during the crucial holiday season.
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Deckers Outdoor jumps on raising annual sales forecast; lifts peers

BUZZ-Deckers Outdoor jumps on raising annual sales forecast; lifts peers ** Shares of Hoka owner Deckers Outdoor DECK.N up 14.1% at $173.40 before the bell ** Company raises its annual sales forecast and beats Q2 results on resilient demand for its Hoka shoes and UGG boots ** Nike NKE.N and Under Armour UAA.N shares up ~1% premarket, while Roger Fe
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Deckers Outdoor shares dash ahead on surging demand for Hoka shoes

Deckers Outdoor shares dash ahead on surging demand for Hoka shoes Oct 25 (Reuters) - Deckers Outdoor DECK.N shares jumped about 15% in premarket trading on Friday after the shoemaker raised its annual sales forecast and beat second-quarter expectations, on resilient demand. Trendy and innovative brands such as Hoka, UGG, New Balance and Roger Federer-backed On ONON.N are a hit among consumers, especially in the running category, and has eaten into the market share of giants such as Nike NKE.N .
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Deckers Outdoors raises annual sales forecast on strong demand for Hoka shoes

UPDATE 2-Deckers Outdoors raises annual sales forecast on strong demand for Hoka shoes Adds details from conference call in paragraph 8 Oct 24 (Reuters) - Deckers Outdoor DECK.N beat Wall Street estimates for second-quarter results and raised its annual sales forecast on Thursday, on the back of strong demand for its brands UGG boots and Hoka running shoes.
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Deckers Outdoors raises annual sales forecast on strong demand for Hoka shoes

Deckers Outdoors raises annual sales forecast on strong demand for Hoka shoes Oct 24 (Reuters) - Deckers Outdoor DECK.N beat Wall Street estimates for second-quarter results and raised its annual sales forecast on Thursday, as its brands such as UGG boots and Hoka running shoes continue to resonate with customers. The company's shares were up 8.5% at $164.80 after the bell, set to add to the about 35% gain so far this year.
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