BoA Daily Highlights: No Yeezys, Pharrell gets a sneaker, Nike, Inc. earnings, Under Armour and Lulu stock assessments

Business of Athleisure, Athleisure

Sadly, no Yeezy release for March (Footwear News)

“There is no #YEEZYBOOST release this month. Official information on all @KanyeWest and adidas Originals drops will be announced here first.”

Pharrell though gets his own sneaker (HipHopWired)

“Pharrell took to Instagram to announce the creation of the Adidas PW ZX333 Cork and demonstrated just how well they hold up when cutting a rug in the way that only the N.E.R.D. frontman can.”

Check out this preview to the Nike earnings report (Market Realist)

“Nike (NKE) had two good quarters in fiscal 2016, propelled by a higher demand for its premium products. The company’s revenue grew 4.8% YoY (year-over-year) to $16.1 billion in the first six months of fiscal 2016.”

What investors should pay attention to in Nike’s earnings report (Fool)

“[I]nvestors should also keep an eye on gross margin, which management warned will decline around 50 basis points. According to CEO Mark Parker, this is primarily a product of Nike’s efforts to clear “high-quality but excess inventory” in North America, while at the same time allowing them to sustain their innovative product pipeline for the remainder of the fiscal year.”

Why you should be bullish on Under Armour stock (Profit Confidential)

“By the end of 2015, Under Armour says that “Connected Fitness,” its health and fitness division that includes its suite of fitness apps, had approximately 160 million unique registered users that logged nearly eight billion foods and two billion activities during the year. Its user growth is still exploding. Plank said that the connected community is adding about a million users every eight days.”

The competition heats up for the Lululemon stock (Seeking Alpha)

“While Lululemon (NASDAQ:LULU) is not dealing with this phenomena right now, it has been witnessing more and more competitive threats in the last few years.”

Zen and success after Lululemon (Business Insider)

“[F]ormer Lululemon exec changed everything after she collapsed from exhaustion — now she works for herself and her company earns $50,000 a month.”

Aimee Laurel

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