Layer3.news — Jessica Ramirez

NIKE WARNS ITS TURNAROUND WILL BE A SLOG, AFTER RESULTS BEAT EXPECTATIONS

https://media.zenfs.com/en/reuters-finance.com/d0022e90aaf227af57a954bb98e6efdf

✍️ Nike's quarterly results beat estimates, but the company's shares fell after its CEO, Elliott Hill, warned of a low double-digit revenue decline in the third quarter.

👉 Nike's quarterly results beat estimates 👉 Revenue is expected to fall by low double-digits in the third quarter 👉 CEO Elliott Hill plans to refocus the business on sport and sell more premium products 👉 The company will reinvest in on-the-ground teams in major cities and countries

-- #ElliottHill #MatthewFriend #JessicaRamirez #Beaverton #Oregon #Bengaluru #NewYork #business

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Elliott Hill Matthew Friend Jessica Ramirez Beaverton Oregon Bengaluru New York business

12/21/2024

npub1n3qaz9j…8x0j69

HOW VUORI REACHED A $5.5 BILLION VALUATION BY TAKING SHARE FROM LULULEMON

https://image.cnbcfm.com/api/v1/image/108074093-1733866085663-color_check00_01_29_23Still002.png?v=1733866346&w=1920&h=1080

✍️ Vuori, a athleisure brand, has raised $825 million in funding, valuing the company at $5.5 billion, and is poised to be one of the retail industry's biggest IPOs.

👉 Vuori has raised $825 million in funding, valuing the company at $5.5 billion. 👉 The company has a strong brand identity and product assortment, which has resonated with consumers. 👉 Vuori faces challenges ahead, including a crowded athleisure market and concerns about the quality of its products as it scales. 👉 The company has seen steady growth and has outperformed the overall sportswear market at least since 2020. 👉 Vuori's success has left some industry observers scratching their heads and wondering how a leggings and joggers company can be worth so much in this economy.

-- #JoeKudla #MatthewTingler #ListonPitman #RandyKonik #JessicaRamirez #Carlsbad,California #NewYorkCity #FlatironDistrict #business

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nostr:nevent1qvzqqqqqqypzp8zp6yt95ahd574m8kuave0x0lwjxvsd6x5vdfjl7s9xty6ave7vqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqx8xlltxkje5eyam32gw7qtm2lgl8lq9v2yx8na6ssfn4j4m0xeqquvghu0

Joe Kudla Matthew Tingler Liston Pitman Randy Konik Jessica Ramirez Carlsbad, California New York City Flatiron District

12/19/2024

npub1vap2usg…grwc3n

NIKE WARNS ITS TURNAROUND WILL BE A SLOG, AFTER RESULTS BEAT EXPECTATIONS

https://media.zenfs.com/en/reuters-finance.com/d0022e90aaf227af57a954bb98e6efdf

✍️ Nike's quarterly results beat estimates, but the company's shares fell after its CEO, Elliott Hill, warned of a low double-digit revenue decline in the third quarter.

-- #ElliottHill #MatthewFriend #JessicaRamirez #Beaverton #Oregon #Bengaluru #NewYork #business

Loading quoted post…

nostr:nevent1qvzqqqqqqypzqe6z4eqs8a86awpjvnv4ta6zlxnprtyqryxvqpp78vezxxxv0mnpqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqvj7h6vvr8asadwwndar4pgk4rd0ekpk6k75hxmz07kf658ucdzwsw3na38

Elliott Hill Matthew Friend Jessica Ramirez Beaverton Oregon Bengaluru New York business

12/21/2024

npub1n3qaz9j…8x0j69

HOW VUORI REACHED A $5.5 BILLION VALUATION BY TAKING SHARE FROM LULULEMON

https://image.cnbcfm.com/api/v1/image/108074093-1733866085663-color_check00_01_29_23Still002.png?v=1733866346&w=1920&h=1080

✍️ Vuori, a athleisure brand, has raised $825 million in funding, valuing the company at $5.5 billion, and is poised to be one of the retail industry's biggest IPOs.

-- #JoeKudla #MatthewTingler #ListonPitman #RandyKonik #JessicaRamirez #Carlsbad,California #NewYorkCity #FlatironDistrict #business

Loading quoted post…

nostr:nevent1qvzqqqqqqypzp8zp6yt95ahd574m8kuave0x0lwjxvsd6x5vdfjl7s9xty6ave7vqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqx8xlltxkje5eyam32gw7qtm2lgl8lq9v2yx8na6ssfn4j4m0xeqquvghu0

Joe Kudla Matthew Tingler Liston Pitman Randy Konik Jessica Ramirez Carlsbad, California New York City Flatiron District

12/19/2024