8:48 ET -- Nike fans are cold on classic footwear but curious about new segments such as running and women's apparel. Penetration of the retailer's classic Air Force 1, Air Jordan 1 and Dunk shoe lines are expected to be down 10% in 4Q, Truist analysts led by Joseph Civello say. Meanwhile, new running and training product launches drove sales in 3Q, and Nike plans to scale some of those items. For example, running shoes Nike Shox are particularly popular in Europe and revenues grew more than 10 times over the past three quarters, analysts say. Nike's 24/7 apparel line for women exceeded expectations in its first month and the retailer is optimistic about its partnership with Kim Kardashian's Skims brand. katherine.hamilton@wsj.com)
(END) Dow Jones Newswires
March 21, 2025 08:48 ET (12:48 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。