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Nike Q2 Profit Beats Estimates for 14th Quarter in a Row

In Industry News, What's New by Jeff PrineLeave a Comment

Beaverton, OR—One analyst called it reaching “the stratosphere”. And so it seems. Nike reported late Tuesday that its second quarter profit surpassed expectations for the fourteenth straight quarter. Nike’s second-quarter earnings per share of 90 cents surged nearly 22% year over year, beating analysts’ consensus for 85 cents. The bottom-line …

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Global 100 Brands: Tech Dominates Traditional Retail, Consumer Brands

In Industry News, What's New by Accessories StaffLeave a Comment

New York—In its 16th annual Best Global Brands report, released Tuesday, Interbrand points out the 100 most valuable global brands. Technology and automotive brands dominate this year’s ranking, holding a combined 28 positions. Technology brands, in particular, dominate—collectively making up more than a third (33.6%) of the total value of …