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This basket consists of stocks gaining popularity from health and wellness.
Lululemon Athletica Inc.
Under Armour, Inc.
Herbalife Nutrition Ltd.
DICK'S Sporting Goods, Inc.
Foot Locker, Inc.
GNC Holdings, Inc.
A sturdy labor market, rising income and improving confidence certainly encouraged consumers to spend more. While bargain hunters did hit the streets, enthusiasm for online shopping was palpable.
The 2019 holiday season mirrors gains from increased investments and opportunities in the retail sector. The online channel continues to be the preferred shopping medium for customers.
Tractor Supply (TSCO) is set to launch Triple Crown premium horse feed products. The move is likely to aid the top line and revive the stock's performance.
Dentsply (XRAY) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
The FDA recently authorized diabetes care companies to start pairing their medical devices for diabetes management, by combining insulin pumps and glucose monitors.
DICK'S Sporting (DKS) benefits from its decision to eliminate the hunting category from its stores and reallocating merchandise to improve athlete experience. This is bolstering its comps and margins.
Hanesbrands (HBI) has long been struggling with sales decline at its Innerwear segment. Also, international presence has exposed it to currency headwinds.
(Bloomberg) -- Reports that Nike Inc.’s acclaimed running shoes may be banned from competition by World Athletics might displease elite athletes, but could be good news for rival Japanese footwear makers.Shares in Japanese sneaker maker Asics Corp. surged as much as 8% Thursday before paring gains to 4.7% as of 11:41 a.m. in Tokyo, after the Times of London and others reported that World Athletics was mulling a ban for Nike’s Vaporfly shoes in professional competition. Mizuno Corp., another Japanese maker of running equipment, rose as much as 1.6%.Nike’s Vaporfly Next% sneakers have been hailed as a “super-shoe” and helped elite runners shatter records since their release. Kenyan runner Eliud Kipchoge ran the first sub-2 hour marathon while wearing the shoes, while Brigid Kosgei used them to break the women’s marathon record.The sneakers have also gained popularity with Japanese athletes, which sent shares in Asics tumbling at the start of this year after the Vaporflys played a starring role in one of the country’s most-watched road races.But the shoes have also attracted controversy for their thick soles that incorporate carbon-fiber plates, said to give runners more bounce. The Times reported that Vaporfly sneakers may be banned from competition when World Athletics introduces new rules on running shoes, though that was disputed by a report in the Guardian saying the issue remains under discussion, with a wholesale ban unlikely. The international governing body has yet to announce the details.“The market had concerns that Nike could take Asics’s share of the athletic sneakers segment, absent a ban,” said Masami Nakanaga, an analyst at Iwai Cosmo Securities Co. in Tokyo. “If the reports are correct, the concerns over sales, as well as the advertising impact that comes from in-competition use, would be relieved.”But while the reports are supporting Asics shares today, a prohibition would bring more attention to Nike’s footwear, which could serve as good advertising for the U.S. maker, said Tim Morse, senior director at Asymmetric Advisors in Singapore.“It could be a Pyrrhic victory for Asics,” Morse said.(Updates with share moves in second paragraph. An earlier version corrected misspelling of company name in headline)To contact the reporters on this story: Shoko Oda in Tokyo at firstname.lastname@example.org;Toshiro Hasegawa in Tokyo at email@example.comTo contact the editors responsible for this story: Lianting Tu at firstname.lastname@example.org, Gearoid Reidy, Naoto HosodaFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
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The Fitbit on your wrist can not only track your exercise habits, but it can also help tell if you're coming down with the flu - and warn health authorities to get ready to help you recover. A study in the U.S. found that heart rate and sleep data from the wearable fitness trackers, can predict and alert public health officials to real-time outbreaks of the flu more accurately than current surveillance methods. Data from more than 47,000 Fitbit users in five American states revealed that predictions of flu outbreaks in those areas were better - and faster. Traditional surveillance reports can take up to three weeks, meaning response measures, such as deploying vaccines or anti-virals, and advising patients on when to stay home, can take longer. Previous studies using crowd-sourced data, such as Google Flu Trends and Twitter have experienced variable levels of success. Experts say that's because it's impossible to separate people with flu from people who search online about it - due to the media and public attention present during outbreaks. The World Health Organization estimates that as many as 650,000 people die worldwide of respiratory conditions linked to seasonal flu every year.
The running world is awaiting a decision by governing body World Athletics over what to do about Nike's Vaporfly shoe, a sneaker that has played a starring role in two of the biggest distance-running achievements last year. A sub two-hour marathon by Eliud Kipchoge and a record-breaking run by Brigid Kosgei. Their stunning performances have sparked heated debate over whether their shoes gave them an unfair advantage. And now, a group at World Athletics is examining what to do about the high-tech sneakers. Among the options facing the organization is to impose a wholesale ban on the shoes or take more limited measures to deal with their carbon plate and foam sole technology. Independent studies have concluded that the shoes improve metabolic efficiency by 4%, though that does not necessarily mean a runner will be 4% faster. All Nike says on its website that the shoe, which will run you $250, has a "built-in secret weapon." But despite all the controversy, analysts tell Reuters the publicity could actually boost sales, especially among amateur runners looking for more spring in their step, since they wouldn't be affected by any ban.