Bloomberg's Romaine Bostick speaks to Nike's CEO Elliott Hill and Chief Design Officer Martin Lotti about how the company is relaunching its outdoor performance brand - ACG. They speak exclusively in Milan, Italy.

China Universal Asset Management Co. Ltd. raised its position in NIKE, Inc. (NYSE: NKE) by 258.0% during the undefined quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 38,366 shares of the footwear maker's stock after purchasing an additional 27,648 shares during the quarter. China

BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its holdings in shares of NIKE, Inc. (NYSE: NKE) by 21.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,502,547 shares of the footwear maker's stock after acquiring an additional 265,287 shares during the period.

Nike shares have shed 64% of their value in just over four years. Its earnings per share are expected to drop 28% this fiscal year as tariffs add to its costs.

New Balance sales grew 19% to $9.2 billion in 2025, as its growth beat the global sneaker market and heavyweights like Nike. CEO Joe Preston attributed New Balance's success to being focused on the consumer, regardless of how, where and when they want to shop.

Nike and Costco quietly launched a limited sneaker at a small number of locations in January. It was a hit on social media, and resale prices are through the roof.

Sentiment is flipping on these stocks, as they are discounted winners that can rip higher. International growth is a hidden story with these stocks.

Nike (NKE) closed the most recent trading day at $65.55, moving +1.13% from the previous trading session.

"Slop fest" is how @Theotrade's Don Kaufman describes the current market environment, urging caution as the market finds its footing on Wednesday's session. As for today's Big 3, he tilts bearish on the SPDR S&P 500 ETF (SPY) and NextEra Energy (NEE), though he's bullish on Nike (NKE).

NKE launches broad innovation reset, doubling down on performance tech and retail basics to reignite growth and fend off rising athleticwear competition.