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Major League Baseball intends to make changes to the widely ridiculed Vapor Premier uniforms designed by Nike Inc (NYSE:NKE, ETR:NKE) and manufactured by Fanatics. The designs have garnered universal hate among fans, players and the union, with perhaps only the more voyeuristic spectators seeing their appeal: Thinner materials used in the pants make them partially see-through.
Don't presume Ulta Beauty is struggling right now because it's doing something wrong, or that its problems are permanent. Its roots are basic e-commerce and cloud computing, but Amazon is becoming much more sophisticated on both fronts.
Markets were scared to wake up to the Federal Reserve (the Fed) pulling the rug. After pricing in the proposed interest rate cuts for 2024, which were set to be implemented by March, then May, and now September, according to the CME's FedWatch tool, markets retraced on the thought of no more cuts coming this year.
The Dow Jones Industrial Average is America's longest-running major stock index. Founded in 1896, the Dow Jones serves as a trusted gauge of America's leading companies.
Nike has been a terrible investment in recent years, and it's dealing with demand weakness. Lululemon regularly posts higher margins, and it has greater growth potential.
JD Sports Fashion has proposed to buy American athletic fashion retailer Hibbett Inc for about $1.08 billion, the companies said on Tuesday, as Britain's biggest sportswear retailer looks to expand across the southeastern U.S.
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