Nike and Adidas, the big two, each have their own difficulties. The 3rd, 4th, and 5th place in terms of market value of sports shoe brands have quietly changed their faces. Deckers, which sells HOKA, has taken the 3rd place, and On and ASICS have jumped to the 4th and 5th place. The three “new kings” are running fast and taking small steps to narrow the gap in competition.
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How does Shein, the world’s fastest growing fast fashion seller, make money?
Shein’s valuation may reach as high as 100 billion U.S. dollars. With ByteDance having 2 billion users holding Douyin and TikTok, It is on par with SpaceX and is expected to rank among the top three unicorns in the world.
What is a non-fungible token (NFT)? Any related stocks?
Because of the uniqueness of non-fungible tokens, the design method that cannot be replicated results in the rare value of non-fungible tokens. NFT (Non-fungible tokens) are equivalent to the encrypted version of rare player cards. Just like the value of the player card, people may want to collect the physical player card.
How does Nike make money? The role model of growth stocks in non-tech industry
Nike, a role model of growth stocks in non-tech industry. Since I have described in detail how to screen for super growth stocks in the book “The Rules of Super Growth Stocks Investing”, Chapter 5 of the book also mentioned that I own Nike (ticker: NKE) stock before, although I focus tech stocks on the book.