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What the doernbecher freestyle program means to the sneaker
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nike air max 90 mens cheap Inc. appears to be in investors’ good books again, after lagging both the broader market and primary rival Adidas AG for much of the past two years. But is the Swoosh moving back to the top of the cool rankings among consumers? It might not matter. Nike shares have climbed more than five per cent since Wednesday, when the sportswear giant hosted its first investor day since October 2015. Its chief executive, Mark Parker, stuck with the bullish tone that accompanied his forecast two years ago, which included a projection that sales would climb to US$50 billion by 2020. But that outlook no longer seems achievable, as the broader retail landscape is in the midst of dramatic change, and Nike faces increased competition from Adidas and others. Another way Nike is doing things differently surfaced on Wednesday, when the company revealed that it will release highly-coveted Player Edition basketball shoes worn by LeBron James to the public.

The ‘LeBron Watch’ campaign nike air max 90 womens cheap will give consumers access to the NBA star’s latest sneakers the minute he steps on court, and it will happen through Nike’s SNKRS app. Another way Nike is doing things differently surfaced on Wednesday, when the company revealed that it will release highly-coveted Player Edition basketball shoes worn by LeBron James to the public. The ‘LeBron Watch’ campaign will give consumers access to the NBA star’s latest sneakers the minute he steps on court, and it will happen through Nike’s SNKRS app. The big news out of Nike’s Investor Day is that the company expects high single-digit annualized revenue growth over the next 5 years to drive mid-teens annualized earnings growth. Those are significantly better than expected. The Street was looking at mid single-digit revenue growth and high single-digit earnings growth over the next five years.

The aggressive targets are a vote of confidence from management in the nike air max 95 cheap sale company’s new Consumer Direct Offense initiative. The initiative, which is essentially a page right out of the adidas playbook, aims to streamline global investment, accelerate product innovation, and push direct-selling channels. Listen up, leggings and sports bra lovers (so, like, everyone): Nike is stepping up its women’s athleisure game. The mega activewear brand is reportedly opening dedicated “yoga pant studios” in 5, 000 of its retail stores starting November 1, with the intention of getting more real estate in your closet and giving brands that’ve held a stronghold there, like Lululemon, a run for their money. According to Bloomberg, Nike is doubling down on creating more serious, style-driven pieces for women, that will be released next year. With Amazon also reportedly releasing its own activewear line, the one-stop-shop model for chic outfits seems to be a burgeoning trend—and for good reason.

Nike’s plans to expand into the world of yoga wear could mean trouble for other companies. At its annual investor day Wednesday, Nike announced plans to tap into the yoga and athleisure market with “pants studios. ” As part of that effort, the sportswear giant will put sections of curated yoga and other specialized sports clothing options in 5, 000 of its stores by Nov. 1. It started out as an idea from Connor Doherty, the son of Nike Creative Director and OHSU Doernbecher Foundation board member Michael Doherty. His suggestion — enabling the hospital’s young patients to engage their imaginations by designing their very own Nike sneakers — formalized in 2003 as the OHSU Doernbecher Freestyle program. Fourteen years and 85 patient-designers later, his idea has raised $17 million for the hospital, brightened the lives of countless kids and caught the attention of sneaker lovers and collectors across the nike air max 97 cheap country.
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