Footwear makers Nike (NYSE: NKE) and Skechers (NYSE: SKX) went in opposite directions this year. Shares of Nike, once considered a stagnant market leader, rallied more than 20%. Yet shares of Skechers, once considered a high-growth underdog, tumbled nearly 20%.I compared these two stocks last August, and concluded that Skechers' superior growth, ambitious overseas expansion plans, and defensible niche in the casual footwear market made it the superior pick.
Search for Better Buy: Nike, Inc. Vs. Skechers on Bing
newsfeedback@fool.com (Leo Sun), The Motley Fool
Tue, 07/10/2018 - 10:29am
BING NEWS:
- Brazil extends Nike kit deal to 2038 and AP source says its worth $100 million per year
Brazil soccer has extended its kit deal with Nike by 12 years to 2038. A source has told The Associated Press the agreement is worth $100 million per year plus royalties on the sale of national team ...
12/6/2024 - 10:51 am | View Link - Hoop star and Minnesota native Paige Bueckers makes history with new Nike Shoe
The sports shoe giant says the Connecticut senior is the first NIL (Name, Image, Likeness) college athlete to design and launch her own Nike shoe.
12/5/2024 - 4:49 am | View Link - Foot Locker to emphasize newer Nike styles at stores amid soft demand for its shoes
Foot Locker executives said on Wednesday they are working closely with Nike to emphasize its newer styles, including Vomero and Air DT Max shoe models, amid "softness" in demand for the sneaker ...
12/4/2024 - 5:03 am | View Link - Nike x Kobe 9 Elite High Protro 'Bright Crimson and Emerald Green' sneakers: Where to buy, price, release date, and more explored
Nike wishes you a Merry Christmas with a new release - the Nike x Kobe 9 Elite High Protro 'Bright Crimson and Emerald Green' sneakers.
12/2/2024 - 9:57 pm | View Link - Nike Air Zoom Pegasus 41 'Faded Spruce' and 'College Grey' sneakers: Where to buy, price, release date, and more explored
Nike Air Zoom Pegasus collection has gained a loyal fan base, and the recent additions to the assortment, the 'Faded Spruce' and 'College Grey' sneakers, are no exception.
12/2/2024 - 7:36 pm | View Link - More
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