XM does not provide services to residents of the United States of America.
J
J

JD

Trade Ideas

Traders Sentiment

Technical Summary

Hourly

News

Nike to cut about 2% jobs to lower costs as demand weakens

UPDATE 4-Nike to cut about 2% jobs to lower costs as demand weakens Updates shares in paragraph 10 By Gursimran Mehar and Ananya Mariam Rajesh Feb 15 (Reuters) - Nike NKE.N will cut about 2% of its total workforce, or more than 1,600 jobs, the sportswear giant said late on Thursday to lower expenses as demand for its shoes and sneakers comes under pressure.
A
J
N
P

Cautious consumers and cold weather temper UK retail sales growth

Cautious consumers and cold weather temper UK retail sales growth By Suban Abdulla LONDON, Feb 6 (Reuters) - British retailers reported sluggish sales in January as shoppers remained cautious about spending, according to a survey published on Tuesday which underscored how high inflation and borrowing costs are weighing on households. The British Retail Consortium (BRC) said consumer spending increased by 1.2% in January compared with the same month last year, representing a fall in purchases aft
B
J

UK's JD Sports drops after Adidas profit miss

BUZZ-UK's JD Sports drops after Adidas profit miss ** Shares of JD Sports Fashion JD.L fall as much as 3% to 113.50p, stock among top losers on FTSE 100 .FTSE index ** Stock fall in line with the decline in Adidas ADSGn.DE , after the German firm projected weaker-than-expected 2024 ** Adidas forecasts op profit of ~500 mln euros ($540 mln) in 2024,
A
J
P
U

Adidas joins sportswear peers in warning of tough 2024

UPDATE 4-Adidas joins sportswear peers in warning of tough 2024 Sales and profit forecasts for 2024 weaker than expected Adidas plans to sell remaining Yeezy shoes at cost Consumer sentiment "not great", CEO says Shares down more than 5% Adds analyst comments in paragraphs 3-4, updates shares in paragraph 10 By Helen Reid LONDON, Feb 1 (Reuters) - Adidas ADSGn.DE shares fell on Thursday after the sportswear maker delivered a 2024 forecast well below analyst expectations, based on limited profits
A
J
N
P

Adidas shares rally on 'reassuring' pre-close earnings call

UPDATE 1-Adidas shares rally on 'reassuring' pre-close earnings call Updates share move, updates company response MILAN, Jan 25 (Reuters) - Adidas ADSGn.DE shares rose by 5% on Thursday with traders citing good news from a call with analysts ahead of the German sportswear maker's full-year results due in March. Analysts at Stifel said the call was "reassuring" following recent warnings from peers like Nike and JD Sports, adding that "the likelihood of a warning looks lower" for Adidas.
A
J
N
P
G

Conditions

Popular Assets

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.