Saucony, Inc. was the big winner in 1998
as well as 1999. Saucony Class A
stock went up a surprising 92.9% during 1999. NOTE: Historical interest only;
Saucony is now a division of Stride Rite.CAUTION: Investments in the stock market can and do lose money; they can also provide significant dividend income and rewarding increases in share value. The companies I list here manufacture athletic shoes, a product whose sales are relatively unpredictable and subject to the whims of consumer demand. Past performance is no guarantee of future performance. This data is historical... using historical information is akin to running backwards (it can be a good exercise but be very careful about running into the unexpected). Potential investors should examine all available data about a given stock, including but not limited to Securities and Exchange Commission filings, before investing.
For those who have asked, I Just Did It: bought about $1000 of adidas Group (made enough to buy almost any pair of sneakers they sell) and about $1000 of Nike (made enough to buy five pairs of Chucks). On the other hand, but if you want to buy stock to make money: also consider Boeing, Dr Pepper Snapple Group, or EADS NV.
There are a number of athletic shoe companies (as indicated by their Standard Industrial Codes) that are represented in the various stock markets in the United States (NASDAQ, NYSE, or the "over the counter" market).
In 1999, athletic shoe companies have been either big winners or big losers. None of them have had a change less than 20% over the year.
Saucony, Inc. was the big winner in 1998
as well as 1999. Saucony Class A
stock went up a surprising 92.9% during 1999. NOTE: Historical interest only;
Saucony is now a division of Stride Rite.
VANS
stockholders finished in the black, with a 78.2% gain during the year. (NOTE:
VANS is now owned by VF Corporation, a major apparel maker.)
Global Sports, Inc., former owner of the Ryka brand, went up by 75.2% during the calendar year 1999. However, they left the athletic shoe business during calendar year 2000 to become an order fulfillment house. Global Sports, now known as GSI Commerce, handles Internet orders for a number of brick and mortar retailers.
FILA
stock rebounded almost as well as Grant Hill, going up 45.0% during the year...
but the FILA ADR is no longer traded.
During
1999, Nike investors weren't too blue. They
had a 21.4% price increase over the year.
The stock of
Deckers Outdoor Corporation, makers of the Teva
sport sandal, floated along with the winners. It went up 20% over the year.
If
you have to be a loser, don't lose as much as your competitors.
K-Swiss, Inc. went
down by 30.2% during the year.
Stride Rite, maker of
the Keds brand, lost out with a 34.1% price decrease.
Red
seems to be the Converse color in the stock
market, except for a fantastic performance during 1996. Converse stock lost
another 42.1% over
the year. As of March 2000, Converse went from the New York Stock Exchange to
the "over the counter" market... and now, Converse is a division of
Nike.
Reebok
shareholders were blue... with a 46.6% decrease during 1999. Only of historical
interest, Reebok is now owned by adidas.
Skechers USA - doesn't have a full year of
data, so no comparisons.
Continue onward to
2000's results...
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Last Updated: 18 April 2012 11:32
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copyright 1995-2012 by Charles L. Perrin.
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nomenclature used by the manufacturer and recognized by the reader.