How Footwear Companies Are Changing
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CNBC Marathon digs into how the footwear market is evolving as retailers like Nike and Crocs stage a comeback amid new retail industry entrants like On Running. Nike is the world’s largest sportswear brand but the company is on a mission to regain its stride. A series of poor earnings reports eventually wiped out $28 billion from the company’s market cap. In June 2024, the company experienced its worst trading day ever as a publicly traded company.
Courtesy of CNBC on YouTube. Watch on YouTube ↗
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