1625 ET - Nike may have lost its superpower: its ability to attract shoppers of all stripes, UBS analysts say in a note. The brand has managed to gain the admiration of all age, gender, race and geographic demographic groups over its history, and could sell billions of dollars in lower-priced products and still be recognized as the most prestigious brand in the world, the analysts say. "No other brand could do this," they say. However, that could be changing, with the analysts estimating that a meaningful portion of Nike's growth is now coming from lower-end channels. "We question if Nike may be eroding its reputation as a high-end brand and losing its ability to connect with high-income consumers," the analysts say. (kelly.cloonan@wsj.com)
(END) Dow Jones Newswires
April 14, 2026 16:25 ET (20:25 GMT)
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