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REDDIT
Nike, Dicks, On Running, Lululemon, Deckers (Hoka), Adidas are ALL in the read year to date, some more than others. Do people only buy sneakers and sportswear at Ross?
What’s going on with all these retailers and manufacturers of sports shoes and sportswear? Can you believe Nike stock is down 50 % in 12 months? Half of its market cap wiped out. And, today a third of Dick’s market cap was wiped out. A week ago 20 % drop in ONON.
Is nobody doing sports anymore lol?