When it comes to athletic retailers, Nike (NKE) is a man among boys. With a market capitalization of more than $77 billion, it is nearly twice the size of its largest competitor, Adidas (ADDDF), and almost 5x bigger than Under Armour (UA). Because of this advantage, Nike’s annual revenues exceed almost $29 billion and its stock is currently trading at all-time highs of roughly $90.
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Lululemon's Tight Squeeze
Lululemon (LULU) founder Dennis “Chip” Wilson is no stranger to controversy. In fact, the man who founded the yoga pants retailer has been berated by the public for comments he's made about Lululemon customers and board members. Thus, in an effort to patch his tense relationship with Lululemon's board of directors, and shareholders, Wilson agreed to sell roughly half of his 28% stake in the company.
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World Cup Fever
In what has been one of the most exciting sporting events in recent memory, the 2014 FIFA World Cup has captivated audiences around the world. Even in the United States, where soccer is vastly overshadowed by most other professional sports, the World Cup has become the second most-watched televised sporting event, behind only the Super Bowl.
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