BoA Daily Highlights: Tinker wants Curry, a look at the Under Armour and Lululemon stock, adidas and Sketchers pull up

Business of Athleisure, Athleisure, Tinker Hatfield

Tinker Hatfield wants to design a show for Curry (Quartz)

““I would love to design a shoe for Steph Curry,” he said in a recently published interview with GQ. “I think he’s an amazing player and I love watching him perform, and certainly he would be right up there in the top of my list as someone I’d love to work with.””

A look at UA stock (Profit Confidential)

“Let’s not forget that despite its recent downturn, Under Armour stock still skyrocketed a mind-boggling 404% in the past five years. And it’s not even a tech company! The key to UA stock’s success is obvious—growth. The company didn’t come to existence until 20 years ago. Back then, Nike, Adidas, and Reebok were the go-to choices when consumers wanted to purchase gym clothes and running shoes.”

A quick look on how gross margins and inventory plays a factor on Lululemon stock (24/7 Wall St)

“Back in December, Lululemon was suffering from a backup in inventory, a concerning problem for sure, and one that could have indicated a fundamental lack of demand for its products, or else minor balancing issues caused by unforeseen logistical problems. In this case it was the latter. Analysts were concerned with declining margins due to deep discounts the clothing retailer was forced to enact at the time.”

Sketchers and adidas are pulling up (Irish Independent)

“The world’s largest athletic gear maker reported yet another quarter of stellar earnings during the week – its 22pc year-over-year growth in adjusted EPS flew past Wall Street’s 9pc estimate and marked seven consecutive quarters of double-digit earnings growth. But its stock dropped by more than 4pc in after-market trading.”

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Aimee Laurel

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