A TikTok ban is inevitable and that spells trouble for US stocks, Gene Munster says

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Hand holding a phone with a TikTok logo on the screen. Background is purple.
You can see who views your TikTok profile, but others can see you too.

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Beyoncé's time with Adidas is reportedly over

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Beyoncé and Adidas are ending their partnership, the Hollywood Reporter wrote on Thursday.
Beyoncé and Adidas are ending their partnership, the Hollywood Reporter wrote on Thursday.

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Is this the sneaker Gen Z has been asking for? Nike seems to think so.

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Nike Air Max Pulse
Nike's sneaker for Gen Z

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Nike has slowed hiring, and expects the slowdown to continue into June

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Nike Customers walk past a Nike store in Shanghai, China
Nike has slowed down hiring.

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Nike CEO highlights direct-to-consumer strategy the day after the company's big Foot Locker announcement

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John Donahoe
Nike CEO John Donahoe touted the company's direct-to-consumer efforts ahead of its earnings call.

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Foot Locker to close 400 mall stores as it shifts focus to niche shops for sneakerheads, kids, and higher-income shoppers

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A Foot Locker store in a mall
Foot Locker plans to close more than 400 stores.

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Foot Locker touts a renewed partnership with Nike — but it still won't get the hottest sneaker releases

Tech Insider : Sports
Outside of a Foot Locker store in Miami
Foot Locker expects to grow revenue from Nike sales to be between 55% and 60% of total revenue by 2026.

Universal Images Group Editorial

All the latest Nike organization changes as the company shakes up its technology, diversity, Asia, and women’s departments

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Nike has named new leaders of several business areas, including its women's business.
Nike has named new leaders of several business areas, including its women's business.

Jakub Porzycki/NurPhoto/Getty Images

Nike and Lululemon are obliterating the competition when it comes to drawing customers to stores

Tech Insider : Sports
Foot traffic at Lululemon stores increased 11% in February, according to a new report.
Foot traffic at Lululemon stores increased 11% in February, according to a new report.

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Nike is facing a PR nightmare as Kyrie Irving, Ja Morant, and now Tom Sachs face scandals – but experts say partnerships with celebs and athletes will never go away

Tech Insider : Sports
Tom Sachs on the orange Nike carpet
Tom Sachs (center) at the Nike Maxim Awards Show in 2022

Tom Hauck/Getty Images for NIKE

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