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US equity markets soared and settled near their session highs, with the three (3) benchmark indices logging their best single session performance since 9 April after the United States and China said they had agreed to a deal to cut reciprocal tariffs - Dow rose +1,161-points or +2.81% to 42,410.10, its highest close since 26 March and closing 12.66% above its 8 April closing low (37,645.59) to exit a technical correction. Eight of the 30 index components rallied over >5%, including Nike Inc (+7.34%).
US equity markets advanced to cap as investors reacted to strong monthly employment data and news that China is evaluating the possibility of trade talks with the U.S. - Dow rose +564-points or +1.39% to 41,317.43. American Express Co (up +3.09%), 3M Co (+3.03%) and Nike Inc (+3.22%) all climbed over >3%. Nvidia Corp rose +2.59% a report in The Information that the artificial intelligence (AI) chipmaker is working to design semiconductors to sell in China that would comply with U.S. trade restrictions. Microsoft Corp rallied +2.32%, lifting its market capitalisation to ~US$3.235 trillion and pushed passed Apple Inc (down 3.74%, market capitalisation ~US$3.067 trillion) to become the largest company in the U.S. by market capitalisation as investors responded to the latest quarterly results from the technology giants last week. Apple CEO Tim Cook said Trump administration tariffs could cost the iPhone maker US$900M this quarter. Meanwhile, Microsoft closes Skype tonight AEST, the pioneering video-calling service it acquired for US$8.5B 14 years ago.
US equity markets advanced to cap as investors reacted to strong monthly employment data and news that China is evaluating the possibility of trade talks with the U.S. - Dow rose +564-points or +1.39% to 41,317.43. American Express Co (up +3.09%), 3M Co (+3.03%) and Nike Inc (+3.22%) all climbed over >3%. Nvidia Corp rose +2.59% a report in The Information that the artificial intelligence (AI) chipmaker is working to design semiconductors to sell in China that would comply with U.S. trade restrictions. Microsoft Corp rallied +2.32%, lifting its market capitalisation to ~US$3.235 trillion and pushed passed Apple Inc (down 3.74%, market capitalisation ~US$3.067 trillion) to become the largest company in the U.S. by market capitalisation as investors responded to the latest quarterly results from the technology giants last week. Apple CEO Tim Cook said Trump administration tariffs could cost the iPhone maker US$900M this quarter. Meanwhile, Microsoft closes Skype tonight AEST, the pioneering video-calling service it acquired for US$8.5B 14 years ago.
US equity markets resumed trading following the Good Friday holiday with steep losses, with the so-called ‘Magnificent Seven' cohort of large capitalisation technology stocks under particular pressure - Dow shed -972-points or -2.48%, extending its decline into a fourth consecutive session. UnitedHealth Group Inc (down -6.34%) was the worst performing Dow component overnight, extending the health insurer's two-day decline to -27.3% - the stock's worst two-day performance since 7 August, 1998 – after releasing its first quarter result last Thursday (17 April) and lowering its annual profit forecast on expectations of high medical costs for the rest of the year. Nvidia Corp lost -4.51% after Reuters reported that Huawei Technologies planned to begin mass shipments of an advanced artificial intelligence (AI) chip to customers in China as early as next month. Meanwhile, Chief Executive Officer (CEO) Jensen Huang met Japanese Prime Minister Shigeru Ishiba on Monday (21 April), following a meeting with Chinese leaders in Beijing last Thursday (17 April). Nike Inc (up +0.65%) was the only Dow component to advance overnight.
US equity markets resumed trading following the Good Friday holiday with steep losses, with the so-called ‘Magnificent Seven' cohort of large capitalisation technology stocks under particular pressure - Dow shed -972-points or -2.48%, extending its decline into a fourth consecutive session. UnitedHealth Group Inc (down -6.34%) was the worst performing Dow component overnight, extending the health insurer's two-day decline to -27.3% - the stock's worst two-day performance since 7 August, 1998 – after releasing its first quarter result last Thursday (17 April) and lowering its annual profit forecast on expectations of high medical costs for the rest of the year. Nvidia Corp lost -4.51% after Reuters reported that Huawei Technologies planned to begin mass shipments of an advanced artificial intelligence (AI) chip to customers in China as early as next month. Meanwhile, Chief Executive Officer (CEO) Jensen Huang met Japanese Prime Minister Shigeru Ishiba on Monday (21 April), following a meeting with Chinese leaders in Beijing last Thursday (17 April). Nike Inc (up +0.65%) was the only Dow component to advance overnight.
US equity markets retreated, handing back a portion of the huge gains logged in the previous session's near record breaking rebound. Losses accelerated after the White House confirmed that the cumulative tariff rate on China would actually total 145% (consisting of the new 125% duty on goods, on top of the 20% rate levied in response to the fentanyl crisis), overshadowing cooler-than-expected inflation figures.Dow fell -1,015-points or -2.50% Nike Inc (down -8.29%) was the worst performer in the 30-stock index, Nvidia Corp fell -6.79% after soaring +18.72% in the previous session. A report from NPR said the White House has paused plans to put additional restrictions on sales of Nvidia's H20 artificial-intelligence chips after CEO Jensen Huang attended a dinner hosted by Trump and promised more investment in U.S.-based AI data centres. Separately, Morgan Stanley analyst Joseph Moore kept Nvidia as a top pick, reiterating his Overweight rating and price target of $162. Walt Disney Co fell -6.79%, with China said it would reduce the number of U.S. movies it imports. Amazon.com Inc (-5.17%), American Express Co (-5.9%), Goldman Sachs Group Inc (-5.24%), and Merck & Co Inc (-5.32%) all dropped over >5%.
Marilyn Tam is a Speaker, Author, Consultant, Board Certified Executive & Corporate Coach. Formerly CEO Aveda Corp., President Reebok Apparel and Retail Group; Vice President Nike Inc. and successful entrepreneur of four companies. Top 3 Value Bombs 1. Happiness is an overall sense of well being of a person and of feeling that there is balance in your life. 2. We need connections to thrive. It takes time and dedication to build relationships. 3. Recognize that we are a member of a community , working together collaboratively to create abundance, health, joy and fun in line with the greater good. When we have that altogether, we are definitely happy and will create more happiness in the world. Give your team the inspiration and tools to advance performance, morale, productivity and leadership. Check out Marilyn's website - Marilyn Tam Sponsors ThriveTime Show Become the next success story, schedule a free consultation and request tickets to join Football Star, Tim Tebow and President Trump's Son, Eric Trump at Clay Clark's next business conference today at ThrivetimeShow.com/eofire ZipRecruiter Enjoy the benefits of speed hiring with new ZipIntro. Only from ZipRecruiter. Post jobs today, talk to qualified candidates tomorrow. Try ZipIntro for free at ZipRecruiter.com/fire Northwest Registered Agent Protect your privacy, build your brand, and set up your business in just 10 clicks in 10 minutes! Visit NorthwestRegisteredAgent.com/fire and start building something amazing
A late session slide erased earlier strong gains on US equity markets to cap another volatile session after Beijing vowed to "fight to the end" in response to President Trump's threat of imposing new 50% tariffs unless China rapidly removed its retaliatory measures - Dow settled -320-points or -0.84% lower, having been up as much as +1,461-points or +3.85% at its session peak – marking the biggest erased percentage gain since April 2020. Apple Inc (down -4.98%) extended its decline into a fourth straight session, with White House press secretary Karoline Leavitt saying that President Trump “absolutely” wants iPhones to be manufactured in the U.S. (the company currently assembles a large majority of its products in China). The Times of India reported that Apple transported five planes full of iPhones and other products from India to the US in just three-days during the final week of March to avoid a 10% reciprocal tariff that took effect on 5 April. Nike Inc (-4.21%) also fell over >4%. Nvidia Corp (fell -1.37%)
A late session slide erased earlier strong gains on US equity markets to cap another volatile session after Beijing vowed to "fight to the end" in response to President Trump's threat of imposing new 50% tariffs unless China rapidly removed its retaliatory measures - Dow settled -320-points or -0.84% lower, having been up as much as +1,461-points or +3.85% at its session peak – marking the biggest erased percentage gain since April 2020. Apple Inc (down -4.98%) extended its decline into a fourth straight session, with White House press secretary Karoline Leavitt saying that President Trump “absolutely” wants iPhones to be manufactured in the U.S. (the company currently assembles a large majority of its products in China). The Times of India reported that Apple transported five planes full of iPhones and other products from India to the US in just three-days during the final week of March to avoid a 10% reciprocal tariff that took effect on 5 April. Nike Inc (-4.21%) also fell over >4%. Nvidia Corp (fell -1.37%)
Friday (4 April) marked another brutal session for US equity markets as China responded in kind to the Trump administration's tariff measures and further fanned recession fears - Dow dropped -2,231-points or -5.50% , with Boeing Co (down -9.49%) and 3M Co (-9.18%) both fell over >9% to lead all 30-index components lower with the exception of Nike Inc (up +3%). The latter was buoyed by a friendly social-media post from President Trump about Vietnam, a country Nike relies on heavily to manufacture their products. China's finance ministry announced its own 34% tariff on all US imports, effective 10 April. The levy matches the 34% import duty the White House said it would impose on Chinese products slated to go into effect no later than 9 April. Beijing said Trump's tariffs were "inconsistent with international trade rules, seriously undermines China's legitimate rights and interests, and is a typical unilateral bullying practice." In addition to the tariffs, China imposed export bans on select rare earth materials and added two US drone manufacturers to its "unreliable entities" list, effectively restricting their access to Chinese components. It also expanded its “unreliable entity list” by 11 American companies and launched an anti-dumping investigation into imports of medical CT tubes from the U.S. and India.
Friday (4 April) marked another brutal session for US equity markets as China responded in kind to the Trump administration's tariff measures and further fanned recession fears - Dow dropped -2,231-points or -5.50% , with Boeing Co (down -9.49%) and 3M Co (-9.18%) both fell over >9% to lead all 30-index components lower with the exception of Nike Inc (up +3%). The latter was buoyed by a friendly social-media post from President Trump about Vietnam, a country Nike relies on heavily to manufacture their products.China's finance ministry announced its own 34% tariff on all US imports, effective 10 April. The levy matches the 34% import duty the White House said it would impose on Chinese products slated to go into effect no later than 9 April. Beijing said Trump's tariffs were "inconsistent with international trade rules, seriously undermines China's legitimate rights and interests, and is a typical unilateral bullying practice." In addition to the tariffs, China imposed export bans on select rare earth materials and added two US drone manufacturers to its "unreliable entities" list, effectively restricting their access to Chinese components. It also expanded its “unreliable entity list” by 11 American companies and launched an anti-dumping investigation into imports of medical CT tubes from the U.S. and India.
US equity markets settled with modest gains on Friday (21 March) following a late-session rally, erasing earlier losses after comments from U.S. President Trump provided hope that previously announced tariffs expected to begin in early April may not be as burdensome as feared - Dow edged +32-points or +0.08% higher, with Boeing Co rising +3.06% after the Trump administration awarded the plane maker a contract to build the U.S. Air Force's most sophisticated fighter jet (to be called the F-47), beating out rival Lockheed Martin Corp (down -5.79%). While financial details were not disclosed, The Wall Street Journal estimated that research, development, and acquisition costs could exceed >US$50B. Nike Inc fell -5.42% and was the worst performing Dow component after posting its fiscal third quarter result after the close of the previous session and projected a sharper decline in fourth-quarter revenue than analysts had anticipated.
US equity markets settled with modest gains on Friday (21 March) following a late-session rally, erasing earlier losses after comments from U.S. President Trump provided hope that previously announced tariffs expected to begin in early April may not be as burdensome as feared - Dow edged +32-points or +0.08% higher, with Boeing Co rising +3.06% after the Trump administration awarded the plane maker a contract to build the U.S. Air Force's most sophisticated fighter jet (to be called the F-47), beating out rival Lockheed Martin Corp (down -5.79%). While financial details were not disclosed, The Wall Street Journal estimated that research, development, and acquisition costs could exceed >US$50B. Nike Inc fell -5.42% and was the worst performing Dow component after posting its fiscal third quarter result after the close of the previous session and projected a sharper decline in fourth-quarter revenue than analysts had anticipated.The broader S&P500 inched +0.08% higher, with Communication Services (up +1.0%) leading just three of the eleven primary sectors higher. Real Estate (down -1.03%) and Materials (-1.0%) both fell ~1%. Economic bellwether FedEx Corp fell -6.45% to be the worst performer in the S&P 500 after the package delivery giant reported a solid quarter result after the close of last Thursday's (20 March) session but cut its full-year profit and revenue forecasts, citing continued weakness and uncertainty in the U.S. industrial economy.
US equity markets weaker as investors digested the latest monetary policy pronouncements from the Federal Reserve and awaited some major technology earnings after the closing bell - Dow fell -137-points or -0.31% Nvidia Corp fell -4.10% to be the worst performer in the 30-stock index, extending its recent volatile ride as the chipmaker warned that it may not be able to meet demand for its latest graphics cards set to be released tonight AEST. Nike Inc gained +2.94% on solid volume to be the leading Dow component overnight.
30-stock index, while Home Depot Inc (-1.65%), Nike Inc (-1.13%), Sherwin-Williams Co (-1.37%) and Nvidia Corp (-1.41%) all fell over >1%. The broader S&P500 lost -0.54%. Consumer Discretionary (down -0.84%) and Health Care (-0.83%) both fell over >0.8% to lead ten of the elven primary sectors lower. Consumer Staples (up +0.18%) Eight stocks in the S&P 500 hit fresh 52-week highs Adobe Inc -13.69% after the software giant provided disappointing first quarter and full-year revenue guidance as part of its fourth quarter results release after the close of the previous session. Warner Bros Discovery jumped +15.43% after the group behind HBO and CNN said it would split its television networks and streaming and studios businesses into two “distinct operating divisions”, in a move that sets a path towards the company's eventual break-up.
US equity markets advanced after the latest inflation data cemented expectations for a quarter-point interest-rate cut by the Federal Reserve next week - Dow eased -99-points or -0.22% , with Johnson & Johnson (down -1.74%) and McDonald's Corp (-1.53%) down over >1.5%. Apple Inc lost -0.52% after scaling a record intra-day high (US$250.80) earlier in the session. Nvidia Corp gained +3.14%, while Amazon.com Inc (up +2.32%) and Nike Inc (+2.75%) climbed over >2%.
In this episode of Talk With a Doc, we delve into a remarkable story of resilience and innovation. Howard "H" White, the man instrumental in building the iconic Jordan Brand at Nike, Inc., is now championing a new cause--the Howard "H" White Center for Cardiac Amyloidosis. Join host Jennifer Semenza as she speaks with Dr. Jacob Abraham, section head for advanced heart failure, and Dr. Jenna Kay, medical director of the new Howard “H” White Center for Cardiac Amyloidosis, both from the Providence Heart Institute. They are joined by center namesake, Howard "H" White, Vice President for NIKE Inc.'s Jordan Brand, and heart transplant recipient. The Howard “H” White Center was established in honor of White, who relied on the expert care at Providence Heart Institute in 2017 when he was diagnosed with cardiac amyloidosis—a progressive disease that hampers the heart's ability to pump effectively. This often under-diagnosed condition deserves significant attention, prompting Providence to launch this new center to support early detection, research, and treatment.With NBA legend Michael Jordan donating $1 million in support – along with donations from many patients and leaders in entertainment, sports and business – the center aims to improve healthcare equity, particularly as cardiac amyloidosis disproportionately affects the Black community.Tune in as our panel of experts shines a light on this vital health issue and the new initiatives at the Howard "H" White Center for Cardiac Amyloidosis.To learn more about the Howard "H" White Center for the Cardiac Amyloidosis, visit: Providence Heart Institute: Howard White Center
Voy a contarte una historia que cuando la descubrí no me la podía creer. Se trata de la historia de la marca española de perfumes Nike que no tiene nada que ver con la marca de deportes que conoces. Y es que Nike Cosmetics fue fundada en 1929, mucho antes que la marca americana de deportes. Cuando Nike llegó a España en los años 80, se encontró con un problema inesperado: el nombre Nike ya estaba registrado por la marca española de perfumes y cosmética.Esto provocó una disputa legal entre ambas empresas que acabó ganando la empresa española. Y como resultado Nike Cosmetics podría seguir vendiendo perfumes y Nike Inc. productos deportivos pero no perfumes. Nike Cosmetics ahora se aprovecha del marketing y la marca del gigante americano para facturar millones gracias a tener el registro de su marca y a ser capaz de enfrentarse al mismísimo Nike. ¿Conocías la historia? La próxima vez que vayas a Mercadona y veas los perfumes ya sabes que no tienen nada que ver con la empresa de deportes (¿o un poco sí?)Https://borjagiron.com/clubhttps://borjagiron.com/curso-emprender/Conviértete en un seguidor de este podcast: https://www.spreaker.com/podcast/los-ultimos-dias--2659766/support.
US equity markets advanced, underpinned by a fresh outperformance for industrial and small capitalisation names - Dow rose +426-points or +0.97% to a record closing high of 44,296.51. Boeing Co +4.10% was the leading Dow component on Friday (22 November). Nike Inc rose +3.06% Nvidia Corp -3.22% was the worst performer in the 30-stock index and one of just five (5) Dow components to settle in the red on Friday (22 November). Amazon.com Inc lost -0.64%
US equity markets advanced after logging their worst weekly performance since early September last week - Dow slipped -55-points or -0.13%. Nike Inc (down -2.31%) was the worst performer in the Dow overnight amid concerns that overall athletic apparel trends softened further in October. Walt Disney Co fell -1.34%, snapping a nine-session winning streak. Nvidia Corp fell -1.29%, with after The Information reporting over the weekend that the company's new Blackwell chips have faced overheating issues. The chip giant is slated to report its third quarter result after the close of Wednesday night's AEST (21 November) session. Boeing Co (up +2.63%) was the leading performer in the 30-stock index overnight.
In episode 106, Erin shares how conversations have shaped their brand and how she turns those insights into empathetic action. It was after decades in the industry at big-name brands like Nike, Converse, and Nordstrom that Erin and her co-founder realized just how hard it is for plus-size women to find clothes that fit after an elevator conversation with a co-worker. That conversation sparked others that began Erin and Yi's entrepreneurial journey as the founders of See ROSE Go. Accomplished Chief Merchandising Officer with over 20 years of industry experience leading innovative strategies across fashion and retail, Erin's career began as a Nordstrom buyer. It was with Nordstrom that Erin discovered her passion for enhancing the customer experience, through empathy and an in-depth understanding of the customer's point of view. Nike Inc. recruited Erin to lead an Outlet division for Men's, Women's, and Kid's Apparel and Accessories. She was quickly promoted to direct Men's Apparel Merchandising for the Asia Pacific / China region. More recently, she drove significant growth in women's apparel, optimizing product lines and achieving exceptional GM% as the Global Women's Merchandising Director. In these roles, Erin remained consumer-centric, leading insight strategy and product creation to enhance the overall customer experience through superior products. In 2018, Erin co-founded See ROSE Go, a plus-size fashion brand with an ethos in intentional design, innovation, and mindful sustainability. Leading merchandising strategy, omni-channel distribution, and business development, Erin also successfully secured VC funding as a new founder with a newborn at home. In 2021, See ROSE Go received an honorable mention in Fast Company's Innovation by Design Awards for the proprietary tech/lifestyle fabric, CoolROSE™. In 2023 Erin received a U.S. Patent for this fabric. CoolROSE™ was invented as a direct response to issues women deal with but seldom speak about - body heat, sweat, and pilling from friction between body parts. Erin and See ROSE Go have been recognized by Forbes, CBS Money, and WWD for challenging industry norms. She was recently featured with her Co-Founder, Yi Zhou, in Authority Magazine as female disruptors shaking up their industry. It is the See ROSE Go mission to see women embrace their power and “go”. To Erin, style isn't just how a woman looks, it is how she moves and feels and the impact she makes while wearing See ROSE Go. Get to know more about Erin and See ROSE Go at, https://seerosego.com/blogs/meet-the-founders In this episode, you'll learn: How co-founders Erin and Yi start and continue conversations with women in their target market How Erin organizes the insights from each conversation and breaks them down into actionable information How Erin's Nike background gives her a performance-focused product perspective The market gap that See ROSE Go fills and the revelation that started it all The process of developing and patenting their CoolROSE fabric How Erin stays connected with the See ROSE Go community How Erin and Yi have funded the brand and why they've changed approaches over the years What Erin is most proud of People and resources mentioned in this episode: See ROSE Go website (Erin shared a 20% discount with How Fitting listeners! Use code SMILE.) See ROSE Go Instagram Erin's LinkedIn Do you want fashion business tips and resources like this sent straight to your inbox? Sign up for the How Fitting newsletter to receive new podcast episodes plus daily content on creating fashion that fits your customer, lifestyle, and values.
As we approach the end of the year, Nike have really embodied their new direction ‘Winning Isn't For Everyone' and the announcement of Elliot Hill becoming CEO and Frank Cooke coming back into the fold leads TheStockroom to believe Nike are about to turn up the heat!Bolu, Eman and Michael also touch on recent and upcoming collabs such as the Places + Faces x Reebok Classics, Syna World x Air Max 95, New Balance x Jack Harlow's 1906 Rose Runner and much more! As well as a surprise announcement from Griselda's Westside Gunn as he partners with Saucony!Be sure to let us know your thoughts!For all enquiries email us on:thestockroompod@gmail.comFollow our personal platforms too!:Eman: https://www.instagram.com/emansgram_Michael: https://www.instagram.com/them1showBolu: https://www.instagram.com/boluthebear00:00 - Host Intros11:34 - What's On The Table? - Saucony x Jae Tips ‘To Do List' Pro Grid Omni 9's16:27 - Griselda's Westside Gunn Joins Saucony's Ranks As A New Collaborator22:40 - Jack Harlow's ‘Rose Runner' 1906 Has Finally Dropped!26:23 - Places & Faces Dropped A Multi-Layer Video Campaign To Launch Their Reebok Classics28:01 - What's On Foot?30:10 - Nike Are Cleaning Up Shop - Elliot Hill Becomes CEO of Nike Inc.40:29 - Franck Cooke Is Back At Nike To Restore The Feeling49:40 - New Balance 740 Are Making A Big Come Back54:03 - Central Cee's Syna World x Nike Air Max 95 Swept The Streets!58:18 - Corteiz Flew Drones To Make The Corteiz x Nike Logo1:06:06 - It's A Ma Maniere x Nike Air Max 95 O'Clock
US equity markets settled modestly weaker amid a deluge of quarterly earnings and fresh economic data and with investors eyeing third quarter results from two of the so-called ‘Magnificent Seven' cohort after the closing bell - Dow slipped -92-points or 0.22% unwinding an earlier rally of almost +225-points. International Business Machines Corp (down -2.63%), Intel Corp (-2.62%) and Nike Inc (-2.49%) all fell ~2.5% to be the worst performers in the 30-stock index overnight. Visa Inc rallied +2.94% after reporting a stronger-than-expected fiscal fourth quarter result after the close of the previous session.
US equity markets settled little changed on the second trading day of the fourth quarter, with investors in a generally cautious mood against the backdrop of rising tensions in the Middle East and a strike at U.S. East Coast and Gulf ports - Dow added +40-points or +0.09%, advancing for the eight time in the past ten sessions. Salesforce Inc rallied +3.18% to be the leading performer in the 30-stock index, buoyed by a broker upgrade. Nike Inc -6.77% after the sporting apparel and equipment giant after reported a decline in fiscal first quarter earnings per share (EPS) and sales and did not provide full year guidance after the close of the previous session. Apple Inc added +0.25%, with Bloomberg reporting that the company is working on new versions of a number of its products, including the low-cost iPhone SE, with plans to release them over the next year.
US equity markets ended a strong week on a mixed note, with trading relatively subdued despite Friday's (20 September) session being a “triple witching” event - the simultaneous expiration of stock options, stock index futures, and stock index options contracts that saw option contracts tied to more than >US$5 trillion in tradeable stocks expire - Dow edged +38-points or +0.09% higher to a fresh record closing high of 42,062.81. Nike Inc rallied +6.84% to be the leading Dow component on Friday (20 September) after announcing after the close of the previous session that chief executive John Donahoe will retire next month and will be succeeded by company veteran Elliott Hill, an abrupt leadership change punctuating a period of dour economic performance at the world's largest sportswear maker. Initial sales data for Apple Inc's (down -0.29%) iPhone 16 will be released tonight AEST after the new device went on sale for the first time last Friday (20 September). The technology giant's AI model, Apple Intelligence, won't be available immediately but will come later as a free software update.
US equity markets ended a strong week on a mixed note, with trading relatively subdued despite Friday's (20 September) session being a “triple witching” event - the simultaneous expiration of stock options, stock index futures, and stock index options contracts that saw option contracts tied to more than >US$5 trillion in tradeable stocks expire - Dow edged +38-points or +0.09% higher to a fresh record closing high of 42,062.81. Nike Inc rallied +6.84% to be the leading Dow component on Friday (20 September) after announcing after the close of the previous session that chief executive John Donahoe will retire next month and will be succeeded by company veteran Elliott Hill, an abrupt leadership change punctuating a period of dour economic performance at the world's largest sportswear maker. Initial sales data for Apple Inc's (down -0.29%) iPhone 16 will be released tonight AEST after the new device went on sale for the first time last Friday (20 September). The technology giant's AI model, Apple Intelligence, won't be available immediately but will come later as a free software update.
Retail sales shows the consumer is still spending August retail sales were expected to decline 0.2% in the month, but the consumer was more resilient than anticipated as they actually grew 0.1% compared to the month of July. Compared to last August, retail sales were up 2.1%. Gas stations were the biggest negative in the report as lower prices for oil and gasoline lead to a 6.8% decline compared to the prior year. If this volatile category was excluded from the headline number, retail sales would have climbed by a more impressive 2.9%. Areas of strength included nonstore retailers (+7.8%), healthcare & personal care stores (+3.5%), food services & drinking places (+2.7%), and electronics & appliance stores (+1.9%). Two areas that continued to bring down retail sales were furniture & home furnishing stores (-0.7%) and building material & garden equipment & supplies dealers (-0.1%). While this report doesn't point to a booming consumer, it definitely doesn't show an economy that is in recession. What should investors do after the Fed's rate cut? What should investors expect going forward when interest rates decline? Going back 50 years, when the Fed begins its interest rate cuts, 16 out of 23 times 6 months after the first cut the stock market was higher. Could this be like one of those seven times it is not higher six months from now? Investors have to realize that valuations for the market are very high and this could lead investors holding those high valuation equities to sell the news. I do believe if you were a strong investor and have watched what you have paid for the earnings and cash flow of what you have invested in, you should be OK. But if you do hold in your portfolio equities trading at 25 to 35 times forward earnings, this could be a buy the rumor, sell the news situation. At our firm, Wilsey Asset Management, I know our portfolio has an average forward P/E ratio of around 12. I believe this is a very comfortable place to be in this crazy time. I would advise you to analyze your portfolio to be sure it is not overvalued. Why you should be careful investing in the S&P 500! People continue to shift towards index investing and have a desire to invest in the S&P 500 index fund because they believe it is a good diversified investment. I continue to worry that people do not realize how risky this index has become with the overconcentration in just a few expensive stocks. The S&P 500 currently has a forward P/E of around 22-23x, which is well above the historical average of around 16-17x. The reason for this elevated figure is the outsized weight of the expensive growth stocks. If you look at the 10 largest stocks, which are Apple, Microsoft, Nvidia, Amazon, Alphabet (Google), Meta (Facebook), Berkshire Hathaway, Eli Lilly, Broadcom, and Tesla they now occupy over 35% of the entire index and their average forward P/E is lofty at nearly 40x. People believe they are getting a diversified portfolio, but Apple (6.86%), Microsoft (6.72%), and Nvidia (6.24%) all have larger weights than the entire sectors of real estate (2%), materials (2%), utilities (2%), energy (4%), and consumer staples (6%). Communication services has a weighting of 9%, but Meta and Alphabet make up a combined 43% of the Communication Services SPDR ETF. Consumer discretionary has a weighting of 10%, but Amazon and Tesla make up over 38% of the Consumer Discretionary SPDR ETF. While the performance of the S&P 500 has been great over the last decade, if the performance of these mega cap stocks turn so will the index. With these expensive valuations, I just don't see exciting returns over the next decade. I definitely don't believe they will even be close to what we saw over the last 10 years. Just for reference, the remaining sectors of the S&P 500 are industrials (8%), healthcare (12%), financials (13%), and technology (31%). How will dividends impact the stock market's return? People may not realize that stock dividends historically have accounted for around 40% of the total return in the stock market. However, because of the unbalanced market over the last 10 years, dividends have accounted for just 16% of the total return. I believe over the next decade as markets adjust to more normalcy, dividends should once again play a larger role in the total return and I wouldn't be surprised to see it return to a similar rate of around 40%. Places you can look for dividends would include real estate investment trusts, utilities, energy, along with financial stocks and healthcare. But as always, when investing, be sure to make sure the investment is not overpriced and is fundamentally strong based on the financial statements. How Much of a Rate Reduction is Needed to Refinance? With interest rates coming down, more people are starting to wonder if refinancing makes sense, but how much of an interest rate reduction do you need to be worth it? Half a percent, one percent, more? A lot of people get hung up on the interest rate alone, but you must also factor in the costs associated with getting the loan. When you get a new mortgage there are three types of costs- fees paid to originate the loan like points and underwriting fees, prepaid expenses like interest and homeowner's insurance, and other 3rd party fees like title and recording fees. When deciding on a refinance, the prepaid fees are irrelevant because they will still be paid whether you refinance or not. That leaves the origination and 3rd party fees as the actual cost it takes to get a new loan. It is important to differentiate the two because mortgage companies often advertise no point or no cost refinances, but they are generally referring to the origination fees. As the borrower you still have to pay the other miscellaneous fees, you just aren't paying them to the lender. Most people are familiar with points which are upfront fees in exchange for a lower interest rate. Over time the interest savings makes up for the points but only if you keep the same loan. You would not want to pay points if you expect to refinance again or sell in the foreseeable future. Since most people agree that interest rates are at least slightly coming down, most borrowers should not be paying points as there will likely be an opportunity to refinance at a lower rate. Instead of paying points, you can do the opposite and accept a higher interest rate in exchange for “lender credits”. These credits can then be used to pay the fees which results in a true “no-cost” refinance. Consider a situation where you have a mortgage at 7% and the ability to refinance into a 6% loan but at a cost of $15,000 in fees. Instead, it would likely make sense to refinance into a higher 6.5% loan using credits to cover the cost and then refinance again in 6 months assuming rates will be lower. In other words, you wouldn't want to spend an extra $15,000 to save $1,500 in interest over the next 6 months. With this logic, even the smallest rate reduction at no cost would still make sense. Companies Discussed: Nike Inc. (NKE), Snap Inc. (SNAP) & Lululemon Athletica Inc (LULU)
US equity markets retreated ahead of the much anticipated release of chip giant Nvidia Corp's second quarter result after the close, and with a batch of US retailers cutting outlooks amid a challenging consumer environment - Dow fell -159-points or -0.39%, paring an earlier decline of more than >400-points. Nike Inc (down -2.93%) was the worst performer in the 30-stock index.
US equity markets retreated ahead of the much anticipated release of chip giant Nvidia Corp's second quarter result after the close, and with a batch of US retailers cutting outlooks amid a challenging consumer environment - Dow fell -159-points or -0.39%, paring an earlier decline of more than >400-points. Nike Inc (down -2.93%) was the worst performer in the 30-stock index.
US equity markets rallied following the release of a fresh batch of economic data that eased concerns about the health of the economy and some further robust corporate earnings releases - Dow gained +555-points or +1.39%, rising for the fifth time in six sessions. Cisco Systems Inc jumped +6.8% to be the leading performer in the 30-stock index after the software and networking company posted better-than-expected adjusted earnings per share (EPS) and revenue for its fiscal fourth quarter and outlined a restructuring plan that will see its worldwide workforce shrink by ~7% after the closing bell of the previous session. Intel Corp rose +3.87% despite the Financial Times (FT) reporting that talks with Japan's Softbank Group Corp (+2.16%) to manufacture chips rivalling those made by Nvidia Corp (+4.05%) fell apart in recent months. SoftBank blamed Intel for the collapse of the talks due to its inability to meet demands for volume and speed, and has now held talks with Taiwan Semiconductor Manufacturing Co (down -0.53%), according to the FT. Boeing Co rose +4.69% after El Al Israel Airlines confirmed a US$2.5B deal to buy up to 31 of the aerospace giant's 737 Max planes. Nike Inc gained +5.07% after Bill Ackman's Pershing Square Capital Management disclosed a new stake in the company. A U.S. Securities and Exchange Commission (SEC) filing recorded that the hedge fund investor bought just over 3M shares in the athletic apparel major.The broader S&P500 rallied +1.61% to 5,543.22 and now sits +0.34% higher for August after booking its worst start to a month in eight years. The index also settled ~2.1% below its record closing high of 5,667.2 recorded on 16 July. Consumer Discretionary climbed +3.38% to lead nine of the eleven primary sectors higher following stronger-than-expected retail sales figures for July and strong earnings from sector bellwether Walmart. Ulta Beauty Inc soared +11.17%, with a regulatory filing from Warren Buffett's investment vehicle Berkshire Hathaway Inc (up +0.61%) recording that the firm had acquired an ~US$266M stake in the cosmetics retailer. Lithium producer Albemarle Inc rebounded +8.63% after being the worst performer in the broader index on both Monday (August) and Wednesday (August) of this week. Paramount Global jumped +7.14% following multiple reports that media executive Edgar Bronfman Jr. is set to make a bid for the entertainment giant. Last month, Paramount agreed to the terms of a merger with production company Skydance Media after prolonged talks.
Join us in the BreakLine Arena for a conversation with John Donahoe, President & CEO of NIKE, Inc., world's leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment, and accessories for a wide variety of sports and fitness activities. John dove into his own career transitions and the deeper sense of purpose that guides him. He shared some of the inner challenges he has navigated throughout his career, insights from “wisdom conversations” he had with peers and mentors during a sabbatical, how he and his wife, Eileen, built a dual-career family, and so much more.This podcast was recorded on Wednesday, Dec. 6, 2023. References to events or facts are true up to that point but might have changed between the recording and release of this episode.Please like, rate, subscribe, or review our show if you've liked what you've heard! We'd love to hear your thoughts. If you're interested in joining our community, please visit www.breakline.org. If you're interested in exploring partnerships with BreakLine, please visit https://breakline.org/partners/partner-signup/.
Oral Arguments for the Court of Appeals for the Third Circuit
22-1484_Lontex Corp v. Nike Inc
Nike Inc's Q2 2023 earnings call, unedited
Andrew M Jones PhD DSc is Professor of Applied Physiology in the Department of Sport and Health Sciences at the University of Exeter. He's internationally recognized for his research in the control of, and limitations to, skeletal muscle oxidative metabolism; causes of exercise intolerance in health and disease; respiratory physiology, particularly the kinetics of pulmonary gas exchange and ventilation during and following exercise; and sports performance physiology and nutrition, particularly in relation to endurance athletics. Prof Jones has authored more than 350 original research and review articles (>38K citations) and is co-Editor of three books. He is a Fellow of the American College of Sports Medicine, the British Association of Sport and Exercise Sciences, the European College of Sport Science, and the Physiological Society. Jones is Editor-in-Chief of Medicine & Science in Sports & Exercise and serves on the Editorial Board of six other international journals in sports medicine and exercise science. Prof Jones has acted as a consultant to a number of governing bodies of sport or commercial companies including UK Athletics, the English Institute of Sport, Gatorade Sports Science Institute and Nike Inc. He's been an advisor and consultant to the Breaking 2 and INEOS projects with Eluid Kipchoge and professional endurance athletes including Paula Radcliff. Professor Jones gives his understanding of the evidence of the performance effect of the so called “super shoes” and whether they explain the recent pro marathon runner excess performance and if so, by how much. Amateur marathon runners may find interesting our exchange about the Boston Marathon and how it is getting harder to get into, and what amateur marathoners must do to enhance performance in order to qualify and get into the Boston Marathon today. Professor Jones gives his perspective on the popularized notion that when it comes to marathon training “volume is king” and if not, what would be the alternative. We talk about distance runners that are getting older, and how Professor Jones recommends changing training, if at all, for those looking to remain competitive. Finally, we talk about science and evidence-based nutrition protocol throughout the training cycle and pre-race and race nutrition. About Andrew Jones https://sshs.exeter.ac.uk/staff/profile/index.php?web_id=Andrew_Jones Twitter/X https://twitter.com/AndyBeetroot Find Us:Facebook: https://Facebook.com/EventHorizon.TvTwitter: https://twitter.com/EventHorizonTvInstagram: https://instagram.com/eventhorizon.tvYouTube: https://youtube.com/c/EventHorizonTvSupport Us:https://Patreon.com/Endurancehttps://paypal.me/EnduranceExperience
Delano Hunter is the Acting Director of the DC Department of General Services. Director Hunter is a long-serving member of the Bowser Administration, serving in senior leadership roles in four different agencies. During his tenure at the Department of Parks and Recreation (DPR), Director Hunter managed a comprehensive recreation system with a combined operating and capital budget of $218 million, more than 1,000 employees, and a diverse portfolio of 104 recreation facilities, 930 acres of green space, and 212 fields and playgrounds. DPR served more than 2 million visitors annually through expanded programming and facility access and was ranked the best park system by Trust for Public Land in 2021 and 2022. Before serving at DPR, he served as Chief Service Officer of the Mayor's Office of Volunteerism and Partnerships (Serve DC). During Director Hunter's time at Serve DC, the agency's federal grant funding increased by nearly 40%, and over 12,000 residents and stakeholders were engaged each year, participating in innovative emergency preparedness trainings, including Active Shooter Response, First Aid/CPR/AED, and the Community Emergency Response Team (CERT). Throughout Director Hunter's tenure, Serve DC's oversight of AmeriCorps DC was an essential agency responsibility. The nationwide service program addresses critical community needs, including increasing academic achievement, combating poverty, providing mentorships, and sustaining national parks. Before his public service career in the District government, Mr. Hunter worked within the Retail Development Program for Nike Inc. in Beaverton, Oregon. While at Nike, Mr. Hunter co-founded the Nike Product Creation Experience (NPCE). The mentoring program enabled high school students to gain exposure to product development and marketing from industry professionals. In 2008, Mr. Hunter was recognized as the Nike Black Employee Network Person of the Year. Mr. Hunter is a native Washingtonian and Spingarn Senior High School graduate. He attended Delaware State University, where he graduated summa cum laude with a degree in Business Management. Mr. Hunter went on to earn his MBA from the Johns Hopkins University Carey School of Business. --- Send in a voice message: https://podcasters.spotify.com/pod/show/dreamsbyanymeans/message
NIKE, Inc., Q1 2024 Earnings Call, Sep 28, 2023
NIKE, Inc., Q4 2023 Earnings Call, Jun 29, 2023
Talk Python To Me - Python conversations for passionate developers
Think about the different APIs and databases your application works with. Every one of them requires either an API key or a database connection string that itself contains a password. How do you let your application access this sensitive information without storing it in source code or putting in other compromising locations? We have Glyph Lefkowitz on the show to share his security fable as well as just good advice for keeping secrets out of Python code. Links from the show Glyph on Mastodon: @glyph@mastodon.social ShhGit: github.com Encrust: github.com GitHub Security Alerts: github.com CIA Triad: fortinet.com pinpal: github.com XKCD Authorization: xkcd.com Tokenring: github.com AWS Vault: github.com Gimme-AWS-creds: github.com Secrets in GitHub Actions: github.com Python Client for HashiCorp Vault: python-hvac.org Pomodouroboros app: github.com DateType: pypi.org Haveibeenpwned: haveibeenpwned.com PEP 541: peps.python.org Glyph's security talk at PyCon: us.pycon.org Watch this episode on YouTube: youtube.com Episode transcripts: talkpython.fm --- Stay in touch with us --- Subscribe to us on YouTube: youtube.com Follow Talk Python on Mastodon: talkpython Follow Michael on Mastodon: mkennedy Sponsors PyCharm RedHat Talk Python Training
"Who ever loved that loved not at first sight?"- Bill Shakespeare AG doesn't remember a lot of his childhood (probably for the better), but he will never forget his first pair of Air Jordans. Jordan III black and cements size 5, which he still has in the Shoedio to this day. Join us as AG takes us through the evolution of Nike Inc. From Phil Knight and his old college track coach starting Blue Ribbon Sports, to signing the biggest athlete endorsement ever, to being the current day king of athletic wear.
Tim Gobet is an accomplished and dynamic professional with a remarkable career in product management and brand marketing. As a former Product Director at both Nike Inc. and Jordan Brand, Tim consistently demonstrated exceptional leadership skills and keen business acumen. Leading the Nike Athletic Training division, he successfully generated over $600M in revenue, establishing it as an industry powerhouse.Additionally, Tim continued to shine at Brand Jordan, where he designed the first Jordan Apparel Training line, oversaw Jordan Basketball, and played a key role in the launch of Jordan Football. His visionary approach and deep understanding of consumer behavior have consistently positioned him as a driving force in the industry.Recently, Tim co-founded Aktiiv alongside Jeffrey Jordan, son of Michael Jordan, redefining the women's activewear landscape. Aktiiv has revolutionized sustainable activewear by combining plant-based materials with uncompromising style, performance, and durability, all while ensuring biodegradability within five years or less. Industry leaders are applauding Aktiiv as the "Tesla" of activewear, with Tim's visionary guidance propelling the brand to innovate within the market.What you will learn:The difference between IQ and EQ and how it can separate you from the crowdThe impact of commitment and how it can change your circumstancesThe fruit that comes from having a relentless pursuitHow to find resources (it's not that hard...but it's not that simple either)The beauty of adversity and how to use it to growA different perspective on what makes a good teamConnect w/Tim:IGLinkedInWebsiteLet's connect:My book (The Ultimate Playbook for High Achievement) LinkedInIGFacebookwebsiteHigh Achievers Academy*Get your gut in order w/Nudora!! Use coupon code Sharkeffect25 for 25% off!!**Get stronger w/Frog Fuel!! Use coupon code Sharkeffect20 for 20% off of your 1st order!
This week we welcome Jarvis Sam founder a leading voice in the world of diversity, equity & inclusion (DE&I), CEO & founder of The Rainbow Disruption, and former head of DEI at Nike. In a thought-provoking and wide-ranging conversation we discuss the business imperative behind being more welcoming to various communities and the range and contours of diversity. We touch both on the theoretical frameworks and well as the practical realities of driving meaningful change through strategy, operations and optimization. It's a veritable Masterclass in one of the most important leadership issues of our time.But first we open with the latest retail news with a discussion of the continued volatility and uncertainty in the wake of gyrations in the banking industry. Then we dip into earnings reports from Nike, Williams-Sonoma, On Running, and Chewy, before turning out attention to Foot Locker's just announced “Lace Up Strategy.” The latest news from Bed, Bath & Beyond is decidedly mix as their stock sinks below $1, but they are having success re-leasing many of the stores they've closed. We wrap up with news from the Great White North as Zeller's is relaunched and tidbits are released from Nordstrom Canada's bankruptcy filing.About JarvisJarvis Sam is the CEO and Founder of the multi-services DEI firm Rainbow Disruption and the former Chief Diversity, Equity, and Inclusion Officer at Nike Inc. He was recently named Forbes 30 Under 30 in Sports class of 2021 as well as Portland Business Journal's 40 Under 40. In his previous role, he oversaw a team of people focused on driving diverse representation, inclusive leader and social justice education, professional development and the ecosystem of promoting and creating a culture of belonging inside and outside of Nike.Prior to being named CDEIO at Nike, Jarvis held various roles focused on acquiring new talent capabilities for the company and driving large programs, partnerships and initiatives aimed at impacting representation and accelerating the flow of Nike's diverse talent pipelines. Additionally, he led Nike's candidate experience and talent attraction/ employer branding efforts – driving best in class approaches and strategies to amplify the company's employment voice and obsess the candidate.Jarvis frequently liaised with the sports marketing function and product teams to execute on key initiatives with signature Nike athletes like Serena Williams and League partners like the WNBA and NFL. Prior to Nike, Sam worked as the first Head of Diversity & Inclusion at Snap, Inc., (Snapchat) where he was accountable for building the company's first ever D&I strategy, all whilst driving key technology recruiting approaches to scale the company 6x through IPO. Before that, Sam worked at Google as a Diversity Program Manager and led part of the diversity recruitment practice.Jarvis began his career as a strategy and operations consultant with Deloitte Consulting in Houston, primarily focused on clients in the oil & gas industry. Jarvis is a graduate of Rice University where he studied History, Public Policy, and Sport Management with emphasis in race and gender rhetoric. Jarvis received his MBA from Brown University and IE School of Business.He is an adjunct faculty member at Brown University and has lectured at numerous universities and institutions of higher learning around the world. Sam has given more than 400 public speeches, fireside chats, keynotes and panels and is considered an expert in the space.In his spare time, Jarvis does musical theater, most recently acting as Jimmy Early in a production of Dreamgirls. He loves concerts, film, sports, karaoke, and can be frequently seen doing a rendition of Tina Turner's greatest hits around Portland, OR, where he currently resides. About UsSteve Dennis is an advisor, keynote speaker and author on strategic growth and business innovation. You can learn more about Steve on his website. The expanded and revised edition of his bestselling book Remarkable Retail: How To Win & Keep Customers in the Age of Disruption is now available at Amazon or just about anywhere else books are sold. Steve regularly shares his insights in his role as a Forbes senior contributor and on Twitter and LinkedIn. You can also check out his speaker "sizzle" reel here.Michael LeBlanc is the Founder & President of M.E. LeBlanc & Company Inc and a Senior Advisor to Retail Council of Canada as part of his advisory and consulting practice. He brings 25+ years of brand/retail/marketing & eCommerce leadership experience, and has been on the front lines of retail industry change for his entire career. Michael is the producer and host of a network of leading podcasts including Canada's top retail industry podcast, The Voice of Retail, plus Global eCommerce Leaders podcast, and The Food Professor with Dr. Sylvain Charlebois. You can learn more about Michael here or on LinkedIn. Be sure and check out Michael's latest venture for fun and influencer riches - Last Request Barbecue, his YouTube BBQ cooking channel!
NIKE, Inc., Q3 2023 Earnings Call, Mar 21, 2023
Dean Lloyd Minor welcomes NIKE Inc.'s Chief Human Resources Officer Monique Matheson for a conversation about how the pandemic changed the employee-employer relationship, how businesses can build high-functioning teams, and the power of speaking out for social justice from the platform of an international brand. They also discuss how sports principles can enhance employee synergy, the importance of supporting mental health and wellness, and why accountability is critical for making meaningful progress in workplace diversity, equity, and inclusion.
Join us for a fun episode featuring one of the only liquid supplement lines that has been proven to help with glowing skin from the inside out! Bassima Mroue is the CEO and co-founder of SkinTē, the first-ever collagen sparkling tea positioned at the intersection of beauty, food and wellness. The brand is experiencing rapid growth, was Finalist for Best Ingestible 2 years in a row by IBE, and has been recognized by media including the New York Times, Wall Street Journal, Inc, Allure, Goop, US Weekly, Entrepreneur, PopSugar and WWD. Prior to SkinTē, Bassima helped drive Ecosystem strategy for Spanx, the beloved brand that revolutionized shapewear. She also served as President of the Sara Blakely Foundation and currently sits on the Board. In 2014, she founded BHM Consulting to partner with organizations poised on the edge of business and social transformation. Bassima also spent a decade at Nike Inc., working in various roles such as IT, Supply Chain and Strategy which gave her broad experience and ignited her passion for building purpose-driven brands. Bassima is Lebanese-American and grew up in West Africa and Canada. She considers herself a global citizen and is a big believer in the empowerment of women as embodied by her TEDx Portland talk in 2012 about the power of the Girl Effect. Bassima is often invited to speak about female empowerment, the entrepreneurial journey, beauty and leading with purpose. --- Send in a voice message: https://anchor.fm/skincareanarchy/message Support this podcast: https://anchor.fm/skincareanarchy/support
Dr. Ian D. Brooks, the CEO and founder of Rhodes Smith Consulting - a Personal and Professional Development firm specializing In behavioral transformations - and the Author of Intention: Building Capabilities to Transform Your Story. For over 24yrs, Dr. Brooks' career has taken him from working in a clinical ward to organizations and people - with the goal of helping individuals build skills toward achieving new heights. His clients include Netflix, Shondaland, Bank of America, Guitar Center, Nike Inc. Sony, and Warner Brothers. His passion for working with individuals seeking expansion and leaders within organizations to develop key skills toward navigating their organization and working with their teams is built on the mastery of intentions and consistency of capabilities.At the time of this recording, we were just kicking off 2022 and this 100% still applies as we now head into 2023! Let's set those Intentions as we head into the new year! Interested in joining Dr. Brooks in his group coaching? Visit: https://www.rhodessmith.comConnect with Dr. Brooks: https://twitter.com/DrB_Intentionhttps://www.instagram.com/drb_intention/https://www.facebook.com/ian.brooks.501https://www.linkedin.com/in/ian-brooks-phd-ms/
Bassima Mroue is the CEO and co-founder of SkinTē, the first-ever sparkling wellness soda with collagen that benefits skin, mood and immunity. The brand, positioned at the intersection of beauty and beverage, is experiencing rapid growth, and has been recognized by media including the NYT, WSJ, Allure, Goop, US Weekly, Entrepreneur, PopSugar and WWD. Prior to SkinTē, Bassima helped drive Ecosystem strategy for Spanx, was President of the Sara Blakely Foundation and spent a decade at Nike Inc. in various rolesLaurel Mintz, founder and CEO of award-winning marketing agency Elevate My Brand, explores some of the most exciting new and growing brands in Los Angeles and the US at large. Each week, the Elevate Your Brand podcast features an entrepreneurial special guest to discuss the past, present and future of their brand.
Every Monday Kevin Matthews II from Building Bread and I talk about what is happening on Wall Street! Tesla CEO Elon Musk and other leaders from the automaker's AI and hardware teams spoke at the company's 2022 AI Day. Shares of Nike Inc. plunged after the athletic-gear giant's executives said price-cutting efforts to flush off-season clothing from warehouses in North America. Millions of Starbucks customers have preloaded money onto Starbucks cards making Starbucks essentially a bank.
On this day in 1971, with its first shipment of shoes set to go out the next day, the Blue Ribbon Sports company changed its name to Nike, Inc. See omnystudio.com/listener for privacy information.
Show #1445 Good morning, good afternoon and good evening wherever you are in the world, welcome to EV News Daily, you trusted source of EV information. It's Sunday 24th April, it's Martyn Lee here and I go through every EV story so you don't have to. WHY THE F-150 LIGHTNING LAUNCH IS A PIVOTAL MOMENT FOR FORD AND EVS - Ford Motor Co. will become the first legacy automaker to launch a mainstream electric pickup — a pivotal moment for the automaker that potentially could accelerate the push to electrify America's vehicle fleet given F-150's profitability and popularity. - But being early also makes it that much more important for Ford to pull this off without any major hitches, experts say — even as the company attempts to ramp up production volumes amid myriad supply-chain disruptions, an ongoing pandemic, rising commodity costs and geopolitical tensions - It's difficult to overstate the importance of the F-Series lineup to Ford's business. - In a typical year, the truck franchise nets sales of roughly 900,000 trucks. It's been the best-selling truck in the U.S. for 45 consecutive years. And it is Ford's cash cow, generating more revenue than the major U.S. sports leagues combined, as well as Fortune 100 companies like Nike Inc. and the Coca-Cola Co., according to a 2020 Boston Consulting Group study commissioned by Ford. - Ford now is moving to boost annual Lightning production to 150,000 units by next year. Overall, the company is investing $50 billion in electrification through 2026 and eyeing annual production of more than 2 million EVs globally by then. - The company has said that the majority of Lightning reservations have come from customers who are new to Ford — not the automaker's truck base. Original Source : https://eu.detroitnews.com/story/business/autos/ford/2022/04/24/ford-f-150-lightning-electric-truck-launch-ev/7382547001/ FORD PATENTS TANK TURN, POSSIBLY FOR F-150 LIGHTNING - Rivian made quite a splash with its viral video portraying one of its R1T electric pickups essentially turning on the spot, like a tank, by driving the wheels on one side forward, while the others are going in reverse. However, the feature is not currently present in its production vehicles, and Ford also patented its own version - The patent drawing below shows what appears to be an F-150 Lightning but text makes no direct mention of that truck - unlike the Rivian R1T and R1S, the Ford F-150 Lightning doesn't come with a quad-motor setup, with one motor driving each individual wheel. So far, Ford has only announced dual-motor versions, and in order for those to be able to perform a tank turn, the manufacturer will need to resort to reversing one side and not the other via gears, or just applying lock to all four wheels. Original Source : https://insideevs.com/news/581678/ford-patent-tank-turn-f150-lightning/ MORE AMERICANS VIEW ELECTRIC VEHICLES AS A PRIMARY CAR - A new consumer survey conducted by MINI USA reveals various shifts in American consumers' sentiment toward electric vehicles (EVs) over the last three years. The survey, which repeated the same set of questions used in a 2019 questionnaire carried out by MINI USA, indicates that more Americans – and particularly younger and female consumers – view electric vehicles as a primary car in the household more than any other use case. This represents a shift from 2019 where more respondents selected “commuting car” and “city car” as preferred uses. Commissioned by Engine's CARAVAN®, the survey further explores consumers‘ level of knowledge about the EV infrastructure in their regions, as well as personal attitudes toward EV ownership and travel needs. - A point that has remained consistent from both surveys is daily travel distance, as 76% of respondents say that 75 miles of battery range is sufficient for everyday driving. Only a 3% increase over the course of three years, consumers' daily driving distances continue to remain well below the current range of all new electric vehicles on the market today. - About 63% of all respondents in 2022 still consider EV owners to be early adopters, which is only 3% lower over the last three years. While this pioneering connotation may sound complimentary to some, it highlights a need for more mainstream awareness of the accessibility, daily usage, and convenience of electric vehicles today. - Greater visibility for charging stations is needed, though some progress has been made. About 35% of consumers now know where their nearest EV charging port is located, a slight improvement from 26% in 2019. Original Source : https://www.press.bmwgroup.com/usa/article/detail/T0383394EN_US/new-consumer-survey-from-mini-usa-shows-more-americans-view-electric-vehicles-as-a-primary-car-in-the-household-as-average-daily-driving-distances-remain-well-within-ev-range KEMPOWER TO DELIVER DC CHARGERS "AT SCALE" TO MER IN NORWAY - Norwegian charge point operator Mer says it has opted for Kempower from Finland to deliver fast-charging equipment to Mer in Norway. They have signed a framework agreement and say they will roll out the DC infrastructure “at scale.” - Mer Norway (formerly Grønn Kontakt) was founded in 2009 and has since built over 300 fast-charging stations throughout Norway. Owned by Statkraft, the company also has a foothold in Sweden, Germany, Austria, and the UK. - Kempower has a range of DC charging stations delivering 40 to 320 kW. The company did not state which type of hardware Mer will use in Norway. Original Source : https://www.electrive.com/2022/04/24/kempower-to-deliver-dc-chargers-at-scale-to-mer-in-norway/ KEMPOWER - S-SERIES CHARGING SATELLITE SYSTEM - Kempower S-Series charging satellite system is an electric vehicle fast charging system for large and widespread fleets. The system is especially ideal for electric buses and parties offering fast charging for electric passenger cars. The need for simultaneous and frequent fast charging is easily fulfilled with S-Series charging satellite posts. Due to the modular structure, the standard Kempower charging system offers power from 40 kW to 600 kW. - The S-Series charging satellite system consists of a C-Series charging power unit and 4 double satellites or 8 single satellites, with a maximum total of 8 charging outputs. Inside the cabinet, there are Kempower power modules that each provide 40 kW of charging power. 1 to 4 modules can be installed in a single C-Series cabinet whereas one charging power unit can have 1 to 3 cabinets. All in all up to 12 modules can be installed in a charging power unit. You can start with one module and acquire more when needed. The charging power can be distributed dynamically into each charging output. Original Source : https://kempower.com/charging-solutions/products/s-series-charging-system/ China Electric Car Market Reaches 26% Plugin Market Share In March Original Source : https://cleantechnica.com/2022/04/24/china-electric-car-market-reaches-26-plugin-market-share-in-march/ ELECTRIC VEHICLES: EV CHARGING NETWORK WILL BE 99 PERCENT RELIABLE Original Source : https://www.express.co.uk/life-style/cars/1600371/electric-vehicles-charging-network-new-law-UK ELECTRIC CAR COST ADVANTAGE OVER PETROL GROWS AMID ENERGY MARKET TURMOIL Original Source : https://www.theguardian.com/business/2022/apr/24/electric-car-cost-advantage-petrol-grows-energy-market-turmoil-ukraine SKODA DROPS ENTRY-LEVEL ENYAQ 60 MODEL IN UK Original Source : https://cardealermagazine.co.uk/publish/skoda-drops-entry-level-enyaq-60-model-as-electric-suv-is-hit-by-high-demand-and-component-shortage/260752 DOCUMENTARY 'ELON MUSK'S CRASH COURSE' TO TAKE HARD LOOK AT TESLA SAFETY Original Source : https://www.cnet.com/culture/entertainment/new-doc-elon-musks-crash-course-to-take-hard-look-at-tesla-safety/ EV INDUSTRY: SALARIES HEAD NORTH AT ALL LEVELS AS EV COMPANIES RACE FOR TALENT Original Source : https://economictimes.indiatimes.com/jobs/salaries-head-north-as-ev-companies-race-for-talent/articleshow/91082732.cms QUESTION OF THE WEEK WITH EMOBILITYNORWAY.COM What cables should or shouldn't come with a new or used EV? Email me any feedback to: hello@evnewsdaily.com It would mean a lot if you could take 2mins to leave a quick review on whichever platform you download the podcast. And if you have an Amazon Echo, download our Alexa Skill, search for EV News Daily and add it as a flash briefing. Come and say hi on Facebook, LinkedIn or Twitter just search EV News Daily, have a wonderful day, I'll catch you tomorrow and remember…there's no such thing as a self-charging hybrid. PREMIUM PARTNERS PHIL ROBERTS / ELECTRIC FUTURE BRAD CROSBY PORSCHE OF THE VILLAGE CINCINNATI AUDI CINCINNATI EAST VOLVO CARS CINCINNATI EAST NATIONAL CAR CHARGING ON THE US MAINLAND AND ALOHA CHARGE IN HAWAII DEREK REILLY FROM THE EV REVIEW IRELAND YOUTUBE CHANNEL RICHARD AT RSEV.CO.UK – FOR BUYING AND SELLING EVS IN THE UK EMOBILITYNORWAY.COM/ OCTOPUS ELECTRIC JUICE - MAKING PUBLIC CHARGING SIMPLE WITH ONE CARD, ONE MAP AND ONE APP