We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
NIKE (NKE) Launches Next-Gen Multi-Sport Store in Miami
Read MoreHide Full Article
NIKE Inc. (NKE - Free Report) is geared to take its leadership status in the sporting goods space a step further with the launch of its new Nike Miami store. This store, which promises to demonstrate the future of sport retail, is slated to open doors on Jan 19, 2017.
Spread in an area of more than 31,000 square feet, the new Miami store will be a next-gen outlet that will be well connected digitally. The two-story, multi-sport store will be located at the heart of the City of Miami Beach’s shopping district, at 1035 Lincoln Road.
This store will offer the best of NIKE products, services and experiences, all under one roof. The store is suitably designed with unique spaces for each of NIKE’s products and services. These unique spaces will include Nike+ Running Trial Zone, Nike+ Soccer and Nike+ Basketball Trial Zones, each of which are interactive destinations where customers can try the brand’s newest products. Further, the store will feature The Lounge, which will be a women’s boutique inside the store featuring a treadmill, expanded and enhanced fitting rooms and personal styling services. Others in list are the Nike+ Service Station for interaction with sports experts, and The Stands where customers can connect with each other and experience a live in-store programming.
Coming to product offerings, the Miami store will showcase Nike’s exclusive products and re-stocks, such as the recently launched HyperAdapt 1.0, which is currently available on request alone. Additionally, the racks will feature some of Nike’s premium products, like Kobe Fade to Black Pack, Kyrie 3 “What The,” Air Force 1 Ultraforce Mid, Zonal Strength Tights and the Apple Watch Nike+.
Beaverton, OR-based NIKE leads in the U.S. footwear and athletic apparel industry. The company’s strong portfolio of globally recognized brands, Nike, Converse and others, along with its focus on innovation has helped in further strengthening its leadership position. These attributes also provide Nike with a competitive edge over its peers.
NIKE currently carries a Zacks Rank #3 (Hold). However, shares of NIKE have declined about 9.8% in the past one year, substantially underperforming the Zacks categorized Consumer Discretionary sector’s growth of nearly 20.8% in the same period.
Francesca's Holdings, with a long-term earnings growth rate of 13.8%, has surged nearly 9.8% in the past one year.
Adidas, with a long-term earnings growth rate of 21%, has returned 60.7% in the past one year.
Caleres has jumped nearly 25.6% in the past one year. The stock has a long-term earnings growth rate of 11%.
Zacks’ Best Private Investment Ideas
In addition to the recommendations that are available to the public on our website, how would you like to follow all Zacks' private buys and sells in real time?
Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors. Starting today, for the next month, you can have unrestricted access. Click here for Zacks' private trades >>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
NIKE (NKE) Launches Next-Gen Multi-Sport Store in Miami
NIKE Inc. (NKE - Free Report) is geared to take its leadership status in the sporting goods space a step further with the launch of its new Nike Miami store. This store, which promises to demonstrate the future of sport retail, is slated to open doors on Jan 19, 2017.
Spread in an area of more than 31,000 square feet, the new Miami store will be a next-gen outlet that will be well connected digitally. The two-story, multi-sport store will be located at the heart of the City of Miami Beach’s shopping district, at 1035 Lincoln Road.
This store will offer the best of NIKE products, services and experiences, all under one roof. The store is suitably designed with unique spaces for each of NIKE’s products and services. These unique spaces will include Nike+ Running Trial Zone, Nike+ Soccer and Nike+ Basketball Trial Zones, each of which are interactive destinations where customers can try the brand’s newest products. Further, the store will feature The Lounge, which will be a women’s boutique inside the store featuring a treadmill, expanded and enhanced fitting rooms and personal styling services. Others in list are the Nike+ Service Station for interaction with sports experts, and The Stands where customers can connect with each other and experience a live in-store programming.
Coming to product offerings, the Miami store will showcase Nike’s exclusive products and re-stocks, such as the recently launched HyperAdapt 1.0, which is currently available on request alone. Additionally, the racks will feature some of Nike’s premium products, like Kobe Fade to Black Pack, Kyrie 3 “What The,” Air Force 1 Ultraforce Mid, Zonal Strength Tights and the Apple Watch Nike+.
Beaverton, OR-based NIKE leads in the U.S. footwear and athletic apparel industry. The company’s strong portfolio of globally recognized brands, Nike, Converse and others, along with its focus on innovation has helped in further strengthening its leadership position. These attributes also provide Nike with a competitive edge over its peers.
NIKE currently carries a Zacks Rank #3 (Hold). However, shares of NIKE have declined about 9.8% in the past one year, substantially underperforming the Zacks categorized Consumer Discretionary sector’s growth of nearly 20.8% in the same period.
Stocks to Consider
Better-ranked stocks in the same industry include Francesca's Holdings Corporation , sporting a Zacks Rank #1 (Strong Buy), Adidas AG (ADDYY - Free Report) and Caleres Inc. (CAL - Free Report) , both carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Francesca's Holdings, with a long-term earnings growth rate of 13.8%, has surged nearly 9.8% in the past one year.
Adidas, with a long-term earnings growth rate of 21%, has returned 60.7% in the past one year.
Caleres has jumped nearly 25.6% in the past one year. The stock has a long-term earnings growth rate of 11%.
Zacks’ Best Private Investment Ideas
In addition to the recommendations that are available to the public on our website, how would you like to follow all Zacks' private buys and sells in real time?
Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors. Starting today, for the next month, you can have unrestricted access. Click here for Zacks' private trades >>