What Nike Earnings Tell Us About the State of Retail

This week, we have our eye on the sneaker giant Nike. The company behind the Lebron 21, Air Force 1 and Air Jordans is expected to report its first quarter earnings, and it comes at a pivotal time. Nike stock is down around 20% year to date, as it faces a glut of inventory and a rash of thefts. Ahead of the holiday shopping season, Barclays analyst Adrienne Yih explains why she thinks it’s time to Just Do It and bet on Nike stock going higher. We’re also adjusting our collars as we gear up for Paris Fashion Week. What does the semiannual designer presentation tell us about how luxury brands are doing in the market? WSJ reporter Nick Kostov will let us know. And with the release of the new movie “Dumb Money” about the GameStop saga, we’re going to talk meme stocks with WSJ’s Gunjan Banerji. Further Reading How Nike Sneakers Get Stolen at Every Turn   Nike Broke Up With Retailers. Now It’s Trying to Win Them Back.   It’s Not Your Imagination—Shopping in Person Is Getting Worse   Americans Are Buying Less Bling   The World’s Richest Person Auditions His Five Children to Run LVMH, the Luxury Empire   For more coverage of the markets and your investments, head to WSJ.com.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.