Yeah, there's Under Armor (overpriced and unable to crack 70). And there's Crocs, which got raided and plummeted from 75 to 40. lululemon athletica is carving its niche in the apparel sector, as well. At the end of the day, though, Nike rules the world.
China is a battleground Nike will not lose. Basketball continues to grow in popularity there. I just saw a high school team from China play in a local tournament, and every player wore Nike gear from top to bottom. Nike is what Nike is, and it shows no signs of softening up. Nike kicks ass. That should be its REAL slogan.
Pupule's Top 25 (Dec. 25)
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