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Tag: reason

Jim Cramer says there’s no reason to own Under Armour stock

CNBC’s Jim Cramer on Tuesday expressed dismay at Under Armour‘s disappointing quarter, suggesting there’s little reason to invest in the athletic apparel-maker. “Maybe Nike is just too powerful,” Cramer said on “Squawk on the Street.” “This is one of the rare times where I’ve seen, [Under Armour] may have the better product but it doesn’t …

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Myntra expects End of Reason event to net 60% growth in sales, Retail News, ET Retail

BENGALURU: Flipkart-owned Myntra is expecting 60% year-on-year growth in sales during its four-daylong End of Reason Sale (EORS) that starts on December 22, even as it moves away from leveraging its sister brand Jabong to reach more customers. The firm said it expects to serve 18 million shoppers during its flagship year-end sale on its …

Myntra expects End of Reason event to net 60% growth in sales, Retail News, ET RetailRead More

Singles’ Day not a reason to buy Alibaba, market history says

China’s Singles’ Day, the world’s largest online shopping event, takes place next Monday, Nov. 11. Singles’ Day was started by e-commerce giant Alibaba a decade ago, and it’s become a sales phenomenon. In 2018 sales topped $30 billion, making it bigger than Black Friday and Cyber Monday combined. Some analysts, however, believe sales growth expectations …

Singles’ Day not a reason to buy Alibaba, market history saysRead More