March 5, 2021
For a brief period in the 1980s, Reebok was the biggest sneaker brand in the US.
The decade saw Reebok surge ahead of its competitors on a wave of demand for fitness and aerobics products. Reebok’s Freestyle sneaker, released in 1982 as the first fitness shoe designed specifically for women, became the hottest seller in the business. Workout guru Jane Fonda adopted them, and actress Cybill Shepherd wore a pair on the red carpet at the 1985 Emmy awards. By 1987, Reebok had surpassed Nike in the US.
But by 2005, when Adidas bought Reebok, the company was far from the force it used to be. It was still a formidable presence in the sneaker world, however, and the purchase had the potential to reshape the industry. The $3.8 billion buyout allowed Adidas, based in Germany, to roughly double its US sales and combine its strengths with Massachusetts-based Reebok. In theory, the deal gave the united companies the might to take on Nike in the valuable US market.
While the COVID-19 pandemic has led to a fall in attendance at gyms, it has given people more time to workout at home or opt for outdoor exercises, leading to a rise in demand for training shoes, running shorts and T-shirts
Lululemon also says it expects its growth rate for adjusted diluted earnings per share to now be at the high end of its earlier expectations for a result in the mid-single digits
said company, you have to ride with your people, you know what i m saying? if you re allowing them to disrespect your people, that means you have no respect for your people. after they put out this very controversial sweater which they ve apologized for. d.j. envy, this is not the first time a big international fashion brand has really disrespected a lot of the hip-hop community that supports and buys the brand. right. and, you know, at first, i didn t necessarily see it. i was like, it s a turtle neck. when you start seeing the pictures and the comparisons, you re like, wow, this is really disrespectful. angela, on your list, who needs to fall back? i was looking at a story in north carolina. a substitute teacher told students that martin luther king was not assassinated, he actually committed suicide. yikes. when one of the students, 10-year-old nathan stood up to correct the teacher, she told him he was prison bound because he had on athletic wear. who, martin luther
starbucks says roughly 10% of all purchases are made with the device. francis. thank you so much. stories making news this morning. president obama was in new york city tuesday for some heavy duty fundraisers, but found a little time to get shopping in. he stopped by the gap to buy sweaters for his daughters, athletic wear for his wife. before he got shopping done, president obama made digital waves by appearing on zach galfanakais. it helped drive traffic to health care.gov. it directly sent over 32,000 people to the health care marketplace. he stopped by the last word with lawrence o donnell last night and talked about the image of the presidency and if doing the skit damaged it in any way. i just feel that question is continually asked any time a president does any kind of comedy thing, be it slow jamming