Nike stock price plunges 20% on New York Stock Exchange on 28th of last month Puma 'Speedcat OG' sells 2,000 units in 4 days at Musinsa
As the stock price of Nike, the world's largest sports brand, recently plummeted by nearly 20% in a single day, the number of customers looking for sports shoes such as Adidas and Puma in Korea has been increasing.
Analysis suggests that while Nike has expanded into other business areas, other brands have grown in the market.
According to the fashion industry on the 2nd, Nike's stock price on the New York Stock Exchange closed at $75.37 (about 104,000 won) on the 28th (local time), down 19.98% from the previous day.
The stock price plunge is due to poor performance in the fourth quarter of this fiscal year (March to May). 슬롯사이트
Nike's sales fell short of market expectations, falling 2% year-on-year to $12.6 billion (about 17.4 trillion won).
Total sales for fiscal year 2024 were $51.36 billion (about 71.2825 trillion won).
This is the lowest annual sales growth rate in 14 years excluding the COVID-19 period. On the other hand, the domestic sneaker performance of other brands such as Adidas and Puma is growing. The sneaker transaction amount in the first half of this year at 29CM, a select shop operated by Musinsa, increased by more than 65% year-on-year. Thanks to this, 29CM opened an official Adidas brand hall on the 1st and released around 100 sneakers and clothing items. Puma also released the black and red colorways of the 'Speedcat OG' sneakers on the 29th of last month. The product also sold over 2,000 units within Musinsa. The Wall Street Journal (WSJ) analyzed that Nike has shifted its focus to other business areas such as limited edition sneakers in recent years, and has been hit by competitors rushing into the market in the meantime. 파칭코 종류
As the stock price of Nike, the world's largest sports brand, recently plummeted by nearly 20% in a single day, the number of customers looking for sports shoes such as Adidas and Puma in Korea has been increasing.
Analysis suggests that while Nike has expanded into other business areas, other brands have grown in the market.
According to the fashion industry on the 2nd, Nike's stock price on the New York Stock Exchange closed at $75.37 (about 104,000 won) on the 28th (local time), down 19.98% from the previous day.
The stock price plunge is due to poor performance in the fourth quarter of this fiscal year (March to May). 슬롯사이트
Nike's sales fell short of market expectations, falling 2% year-on-year to $12.6 billion (about 17.4 trillion won).
Total sales for fiscal year 2024 were $51.36 billion (about 71.2825 trillion won).
This is the lowest annual sales growth rate in 14 years excluding the COVID-19 period. On the other hand, the domestic sneaker performance of other brands such as Adidas and Puma is growing. The sneaker transaction amount in the first half of this year at 29CM, a select shop operated by Musinsa, increased by more than 65% year-on-year. Thanks to this, 29CM opened an official Adidas brand hall on the 1st and released around 100 sneakers and clothing items. Puma also released the black and red colorways of the 'Speedcat OG' sneakers on the 29th of last month. The product also sold over 2,000 units within Musinsa. The Wall Street Journal (WSJ) analyzed that Nike has shifted its focus to other business areas such as limited edition sneakers in recent years, and has been hit by competitors rushing into the market in the meantime. 파칭코 종류