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Kuminga wants to make Africa great

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Martenzie johnson

As Jonathan Kuminga was growing up in DR Congo, the 2021 NBA Draft prospect had minimal access to American basketball, with the exception of 30-minute (or hour-long, if he had strength) sessions. luck that day) at the local cybercafé where he could load up highlights. by Kobe Bryant and LeBron James on YouTube.

When the combo forward, who averaged 15.8 points and 7.2 rebounds in the NBA Development League this season, wanted to play basketball in his home country – a sport that has him taken from a war-torn Congo that has been in one form of conflict or another for nearly three decades to the precipice of NBA stardom – there was rarely access to indoor courts or adequate basketball shoes to play. Not to mention the level of training needed for elite basketball talent like him.

Those years in the Congo, and the last five years he has spent playing high school and professional basketball in America since (Kuminga moved to the United States in 2016), made the 18-year-old grateful for the opportunity he earned by being a top-10 prospect in Thursday’s NBA Draft, and determined to ensure he isn’t the last Congolese player to qualify for the league.

“I want to do well. I want to be awesome, ”Kuminga told The Undefeated last week. “If I get out of it. I want Africans to be like, ‘If he did it, we can do it too.’ “

Until recently, Africa was not a hotbed of basketball talent.

Sport comes second behind football on the continent, in part due to the accessibility of the latter. To play football, all you need is a ball and almost any surface to play on. Basketball requires not only a ball, but also a court and basket to play, as well as proper sneakers.

But the selections of Nigerian center Hakeem Olajuwon (1984), South Sudanese great man Manute Bol (1985) and Congolese center Dikembe Mutombo (1991), and investment in the continent by the NBA at the turn of the century, opened. the valves. for the African talents of the last 20 years, illustrated by the MVP candidacy of Cameroonian Joel Embiid last season.

Kuminga’s parents played basketball, and Kuminga’s older brother, Joel Ntambwe, played three games for Texas Tech last season before leaving the program for personal reasons. Emmanuel Mudiay, who last played in the NBA for the Utah Jazz in the 2019-20 season, is Kuminga’s cousin.

“I have parents who have played basketball my whole life,” Kuminga said. “So basically I got the chance to touch a basketball at an age that I can’t really remember when I first did it.”

Congo lags behind other African countries, namely Nigeria, when it comes to uncovering NBA-ready talent. There have been four Congo-born drafted players – Mutombo, Christian Eyenga (2009), Bismack Biyombo (2011) and Mudiay (2015) – along with seven other players, including Atlanta Hawks center Clint Capela (2014), with at least a relative from Congo who have been selected. For comparison, nine players of Nigerian descent were selected in the 2020 draft alone.

While the Milwaukee Bucks and Miami Heat first-round playoffs featured nine players of Nigerian descent, and the Bucks and Phoenix Suns NBA Finals featured players with ties to Nigeria, Guinea, Senegal and Egypt, a player born in Congo. has appeared in only one playoff series in the past four years (Mudiay).

And internationally, the Congo Men’s National Team has never qualified for the Olympics or the FIBA ​​World Championships but has participated in the FIBA ​​AfroBasket on several occasions, including this summer.

Kuminga, who was born in Goma, located in the western region of Congo near the Rwandan border, said the country was lagging behind due to a lack of basketball infrastructure.

“People are playing basketball, but it’s not really big, because we don’t have some people going out there and helping organizations there,” he said. “So a lot of people are not following.”

Even something as simple as having access to basketball shoes is a struggle for young people. Kuminga has spoken in the past of having to play in damaged sneakers throughout his childhood, which resulted in many slips and falls on the outdoor courts.

“You’re playing games in two weeks, your toes are sticking out of the shoes,” said Kuminga, whose mother tongue is French. “I will continue to play, but I have no other shoes. It’s going to take me a lot longer to get other shoes, because these are my only shoes that I could use for basketball, and other shoes that I will use to go to the games, to go to the school.

“If we had a better organization, people who really help, I think we would produce a lot of players. And that’s the thing we’re really trying to focus on …

But if Kuminga were to be selected in the top six in Thursday’s draft (he was slated to be eighth overall in the most recent fictional draft from ESPN NBA analyst Jonathan Givony), he would overtake Mudiay (seventh in the overall standings). overall, 2015) as the highest- Congo-born player since Mutombo was selected fourth overall in the 1991 Denver Nuggets draft, and would become Congo’s second active player in the league, joining the Charlotte Hornets’ Biyombo . (Patrick Mutombo, who played in the NBA Development League in the 2009-10 season, is the head coach of the Toronto Raptors G League branch.)

In addition to helping develop basketball in his home country, Kuminga also wants to use his now-enhanced platform as an NBA rookie to speak out against human rights violations in Congo and the United States.

Kuminga was born in a country that was still grappling with the fallout from the genocide in neighboring Rwanda and the Congo’s first war. The Second Congo War, which claimed more than 5 million lives, ended just one year after Kuminga was born in 2002. Civil strife has ravaged the country since then.

While Kuminga never went into details of what he witnessed as a young boy growing up in Congo during this time, last spring he compared the protests following the police murder of George Floyd to the “atrocities” he witnessed in the Congo, inspiring him to “stand up against all types of prejudices, discrimination and racism that we still suffer all over the world”.

Meanwhile, Kuminga was well aware of which college coaches recruiting him, including those from Duke and Kentucky, spoke about anti-black racism in America. (Kuminga eventually left college completely and played for the G League Ignite, a development team designed specifically for NBA Draft prospects, last season.)

“Growing up, I had a situation. My parents really tried to help me and provide for me and stay away from that stuff, ”Kuminga said. “I’m not really talking about that, but, like, things that were going on before are not right, so it makes people feel bad. And especially as Africans – not just from the Congo, African children – and all coming to the United States, it’s like the dream has come true.

“Every time you walk away from this stuff, thank goodness I have. And that’s why we keep working hard. We try to change things in Africa. We try to make Africa great. .

Kuminga hopes his selection on Thursday will lead to more investment and engagement in Congo so that one day there are more Mutombos, Biyombos, Mudiays – and Kumingas – playing in the NBA. one day, they will talk about this kid from the Congo, ”he said. “And then, when they talk about this kid from the Congo, it will bring a lot to the Congo that they want to know who else will be next. What does the Congo need? What kind of help do they need to produce more children like this? That’s what it’s about. – The Undefeated


NBA Cloth Talk: Focus on “Classic Edition” NBA Uniforms for the 75th Anniversary Season | NBA.com Canada

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Welcome to Cloth Talk! An ode to the phrase coined by DJ Khaled, Gilbert McGregor and Kyle Irving of NBA.com delve into everything NBA style. From uniform reveals to sneaker choices and everything in between, the two experts give their opinion and shed some light on concepts that are impossible to ignore.

In the latest edition, the two discuss the three new “Classic Edition” jerseys, unveiled for the 75th anniversary season of the NBA.

Gilbert McGregor (@ GMcGregor21): It’s the offseason, but the fabric conversation doesn’t end, man.

Honestly, the 2021-22 season will be here before we know it, and it’s a very special season, because it’s the 75th anniversary season of the NBA. On draft night, the league announced that “Nike will celebrate NBA 75 with diamond-embellished jersey details and new Classic Edition and City Edition uniforms across the league. “

Well, we’ve got our first look at the new Classic Edition uniforms for this season.

Designed exclusively for the league’s three original franchises – the Boston Celtics, Golden State Warriors, and New York Knicks – these take you back a few decades (we’ve yet to get you to see “Back to the Future”, either. passing) and are the first uniforms to feature the retro Nike Sportswear lock logo, as highlighted by Boardroom on Twitter.

Do you feel them, or what?

Kyle Irving (@KyleIrv_): It is a categorical yes on my part. It wasn’t a situation where I was like, “huh, they’re fine, but they’re going to grow on me,” and now that they’ve been out for a week, I’m on them.

I’ve been on them since the second I saw them. The current play on retro jerseys is a cool concept overall, but there’s something about this retro Nike logo that really brings the theme together.

The New York Knicks’ ones are a bit simple, but simple can be good. The Warriors really have that retro vibe. Those of the Celtics … ** cleared his throat ** THE SHORTS. You gotta cop. I will stop there.

What you say?

McGregor: It’s funny, as if Nike didn’t even exist back when these uniforms were introduced, but something about the retro Swoosh makes it feel like it was meant to be there from the start.

A + execution in my eyes.

I’m with you on the Knicks, they’re straightforward, but they’re exactly what they need to be. Fits, as the Knicks went for a similar “Fauxback” look when the league celebrated its 50th season 25 years ago, so it was only right that they did.

For the Cs, I think the execution was pretty good, given that I think the uniforms they’re based on actually had sleeves. Maybe that’s why something seems a little out of proportion, but again, I’m the one nitpicking.

In fact, I think the Warriors are my favorite of the bunch. They had to make a slight adjustment, as the original uniforms read “PHILA” for their time as the Philadelphia Warriors, but the incorporation of the blue, red, and yellow really makes a photo in black and white just came to life for me.

The rollout on social media was also pretty good.

Irving: Haha, man. Let’s go with more Back to the Future references. I understand, I need to catch up with my pop culture. (edited)

No, but really, the deployment was perfect there. The Chuck Taylors getting out of the car. These viral photos of Klay Thompson are too good. Side note: I can’t wait to see him on the pitch again next year.

But overall I’m a huge fan of what Nike has done with it. Probably a bigger fan than most.

McGregor: Lol, you see, I left that one to interpret.

Supposed after you mentioned it once (twice if you count the first time I mentioned it in a previous “Cloth Talk”) you would see the vision haha.

That makes both of us big fans, though. Overall, simple designs kept them from overdoing it which, in my opinion, is the best way to celebrate such an occasion. I also want to highlight the waistband of the shorts, not sure if you noticed the color and / or fabric deviations, but I think it’s a super cool nod to emulate when the basketball shorts once had belt loops

Also… it’s crazy that basketball shorts need belts.

Irving: Wow, that’s a great eye from you. I certainly noticed it (especially on the Celtics shorts, because, how could you not?), But I didn’t know there was a meaning behind it. Just another intricate detail of these uniforms that makes me love it even more.

I wonder what else Nike has in store for the NBA’s 75th anniversary season. We’ve seen some teams report drug returns last year, but I feel like there must be something big in store for this pivotal year.

McGregor: You stole the thought from my brain.

Based on the NBA’s statement that new City Edition uniforms will make their league debut, I’m preparing for what’s to come. Before we end here, is there anything specific that you would like to see in this new set of City uniforms? Maybe from any team.

Irving: Nike always does a fantastic job paying homage to the little things that make every NBA city unique through the City Edition uniforms, so hopefully they will continue to do so even with new uniforms launched in the league.

On the 75th anniversary front, one thing I’d love to see is retro warm-ups for every team at all levels. I have the Larry Bird 1988 3-point Contest shooting jersey in mind when I say that.

Nameplates on the back and everything. I think it would be a nice tribute to honor the 75th season with some retro jerseys that I expect.

McGregor: This is not where I expected you to be speaking at all.

But I love this.

You reminded me of an honorable mention of the Pistons adopting elements back to their warm-ups with the name on the chest, kind of like a mechanic, honestly.

Suitable for Motor City, where warm-ups with “Cade” on the chest might be a popular item among the next generation of hoops.

But my real choice would be for the Pelicans to integrate the Hornet era brand. I know the nickname is back in Charlotte, but 11 years of New Orleans Hornets history remains with this franchise.

It might just be me, but seeing Zion Williamson, Brandon Ingram, and Jonas Valanciunas (always feels weird to type) in teal, purple, and gold would be awesome. Or maybe they’re just incorporating stripes, but they have to do something about it.

No matter what it is… I’m on top of it. And I can’t wait to come back here and talk about our favorite City Edition uniforms for the 2021-22 campaign.

The opinions on this page do not necessarily reflect those of the NBA or its clubs.


The market for children’s shoes could see a big movement | Geox, Clarks, Crocs, Adidas, Nike

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Global Children’s Footwear Industry: With Significant CAGR Growth in 2021-2026

New research report on Children’s Footwear Market which covers market overview, future economic impact, competition by manufacturers, supply (production) and consumption analysis

Understand the influence of COVID-19[feminine sur le Marché des chaussures pour enfants avec nos analystes surveillant la situation à travers le monde. Demander maintenant

Le rapport d’étude de marché sur l’industrie mondiale des chaussures pour enfants fournit une étude complète des différentes techniques et matériaux utilisés dans la production de produits du marché des chaussures pour enfants. À partir de l’analyse de la chaîne industrielle à l’analyse de la structure des coûts, le rapport analyse de multiples aspects, y compris les segments de production et d’utilisation finale des produits du marché Chaussures pour enfants. Les dernières tendances de l’industrie pharmaceutique ont été détaillées dans le rapport pour mesurer leur impact sur la production des produits du marché Chaussures pour enfants.

Une fois les normes du marché actuelles révélées, le rapport d’étude de marché sur les chaussures pour enfants a également illustré les derniers développements et modèles stratégiques des acteurs du marché de manière impartiale. Le rapport sert de document commercial présomptif qui peut aider les acheteurs sur le marché mondial à planifier leurs prochains cours vers la position de l’avenir du marché.

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Les principaux acteurs clés du marché des chaussures pour enfants sont –
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Types de produits :
Chaussures pour enfants en cuir Chaussures pour enfants en textile Chaussures pour enfants en caoutchouc Autres

Par application/utilisateur final :
Moins de 3 ans 3-6 ans 6-12 ans

Analyse régionale pour le marché des chaussures pour enfants

Amérique du Nord (États-Unis, Canada et Mexique)
L’Europe  (Allemagne, France, Royaume-Uni, Russie et Italie)
Asie-Pacifique (Chine, Japon, Corée, Inde et Asie du Sud-Est)
Amérique du Sud (Brésil, Argentine, Colombie, etc.)
Le Moyen-Orient et l’Afrique (Arabie saoudite, Émirats arabes unis, Égypte, Nigéria et Afrique du Sud)

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  • Les différents scénarios du marché global ont été décrits dans ce rapport, fournissant une feuille de route sur la façon dont les produits Kid Footwear ont assuré leur place sur ce marché en évolution rapide. Les participants de l’industrie peuvent réformer leurs stratégies et leurs approches en examinant les prévisions de taille du marché mentionnées dans ce rapport. Des marchés rentables pour le marché des chaussures pour enfants ont été révélés, ce qui peut affecter les stratégies d’expansion mondiale des principales organisations. Cependant, chaque fabricant a été décrit en détail dans ce rapport de recherche.
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  • Les segments de marché à la croissance la plus rapide et la plus lente sont indiqués dans l’étude pour donner des informations significatives sur chaque élément central du marché. Les acteurs de Newmarket commencent leur commerce et accélèrent leur transition sur le marché des chaussures pour enfants. L’activité de fusion et d’acquisition devrait changer le paysage du marché de cette industrie.

Ce rapport est accompagné d’une suite de feuilles de données Excel supplémentaire prenant des données quantitatives de toutes les prévisions numériques présentées dans le rapport.

Contenu de l’offre : Le rapport fournit des connaissances approfondies sur l’utilisation et l’adoption de Kid Footwear Industries dans divers applications, types et régions / pays. En outre, les principales parties prenantes peuvent déterminer les principales tendances, les investissements, les moteurs, les initiatives des acteurs verticaux, les poursuites du gouvernement vers l’acceptation des produits dans les années à venir et les informations sur les produits commerciaux présents sur le marché.

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Enfin, l’étude du marché des chaussures pour enfants fournit des informations essentielles sur les principaux défis qui vont influencer la croissance du marché. Le rapport fournit en outre des détails généraux sur les opportunités commerciales aux principales parties prenantes pour développer leurs activités et capturer des revenus dans les secteurs verticaux précis. Le rapport aidera les entreprises existantes ou à venir sur ce marché à examiner les différents aspects de ce domaine avant d’investir ou de développer leurs activités sur le marché Chaussures pour enfants.

Nous contacter:
[email protected]


Nike continues DTC business expansion with two new stores in Boston – Footwear News

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Nike continues its efforts to define the market of the future, and its next landing point is Boston.

The sports giant has revealed several store formats in recent years that it says will improve the way it serves consumers. In 2018, for example, the company launched Nike Live, a concept designed as a hub for locals. He launched the format with Nike by Melrose in Los Angeles in July 2018, a door showcasing “pop-up vibes” that work as a digital and physical retail experience.

More recently, the company created Nike Unite, which was unveiled in November 2020 to help locals connect more closely with the sport and both serve and celebrate people in the community with a design reflecting its’ heart and soul. spirit “. Indoors, consumers could expect “locally selected everyday essentials at the best price”.

These are the two formats that Nike will use for its new doors in the Boston area: Nike by Chestnut Hill and Nike Unite Watertown.

The two storefronts are part of the company’s plans to expand its business footprint in North America and Europe, the Middle East and Africa. During the company’s fiscal fourth quarter earnings call in June 2020, Nike Inc. President and CEO John Donahoe revealed plans for 150 to 200 single-brand stores, which would be small in size and digitally compatible, and which “would accelerate the growth trajectory of Nike’s largest market. share opportunities, such as women’s clothing and clothing, generating long-term profitability.

Nike already has a strong presence in Boston, with three existing single-brand stores in the metro area. The move will further strengthen its position in the city, according to Shannon Glass, vice president of Nike Direct North America.

“We know our Boston consumers are very engaged with Nike in our digital and physical retail channels, and they have a passion for sport and style,” said Glass. “Chestnut Hill and Watertown were of particular interest due to their vibrant communities, which represents a great opportunity for us to serve the West Boston consumer with key products and services. “


The selection of shoes inside Nike Unite Watertown.

CREDIT: Courtesy of Nike

Tomorrow, the brand will open the doors of Nike Unite Watertown, a 15,998 square foot space located at 20 Eldridge Ave. in Watertown, Mass. The company has dubbed the Nike Unite concept its “most valuable destination for sport and product inspiration in the communities we serve.”

“Nike Unite is a newer concept, launched in 2020 as a reimagining of our outlet fleet. This store concept exists to serve and celebrate local communities, and each store is designed to reflect their hearts and minds, ”said Glass. “As we develop this concept, we continue to listen to our consumers and assess which offers and store experiences resonate most with them – from digital and self-service shopping options to product assortments. performance and lifestyle at the best prices. “


Nike By Chestnut Hill

A look inside Nike By Chestnut Hill.

CREDIT: Courtesy of Nike

On Thursday, the company opened Nike by Chestnut Hill, located at 33 Boylston St., Suite 4380, in Chestnut Hill, Mass.

“Since the initial launch of the Nike Live concept in 2018, we have continued to test and learn new member services, experiences and offerings as we evolve the concept to meet the needs of our Nike members and customers. consumers in every neighborhood, ”Glass said. “Some examples of Nike Live features that we are continually developing and evolving are look, feel, and in-store layout; assortment of products; and the mix of digital services that allow consumers to shop at their own pace.

The neighborhood-inspired small-format store spans 5,300 square feet of retail space and is designed for women.

Inside Nike by Chestnut Hill, consumers will find an organized assortment of shoes and apparel that are popular with local women, and bra and style fitting sessions will also be available to them. In addition, the store will offer its online shopping and in-store pickup service that allows people to get their Nike.com and Nike App orders faster (as well as curbside pickup), the digital vending machine. Nike Unlock Box (which will be stocked with enamel pins featuring the store’s logo for opening weekend) and Swoosh Text, which allows shoppers to connect with a Nike by Chestnut Hill store teammate via SMS messaging to verify available inventory, request product recommendations and more.

“The accelerated expansion of our retail brick and mortar presence is a critical part of shaping Nike’s market of the future. Creating more personal and localized touchpoints for consumers, both physical and digital, allows Nike to know and serve our consumers better than ever before, ”said Glass. “Our stores are a tangible expression of the Nike brand and ethos, and they are an essential part of bringing athletic inspiration to our communities through products, services and experiences that empower Nike consumers to exercise. a daily habit. “


Nike By Chestnut Hill

Nike from Chestnut Hill.

CREDIT: Courtesy of Nike

Allen Iverson and Reebok Brag About $ 200 Million in Profit Upon Learning of Nike’s Obsession with Michael Jordan

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Few professional athletes in recent memory have had a more iconic look than Allen Iverson’s Reebok headband, cornrows and shoes.

In an era when the best players in the game, including Michael Jordan, wore Nike, Iverson went his own way and helped turn Reebok into a shoe powerhouse. The inner story of how he did it is fascinating, and it includes his unwitting help.

Reebok wanted Allen Iverson to become his version of Michael Jordan

In the 1990s, everyone apparently wanted to be like Mike and wear Jordan shoes. It actually worked to Reebok’s advantage.

When GQ profiled Iverson in 2007, former Reebok executive Henry “Que” Gaskins remembered preparing to negotiate a shoe deal with the best draft prospect of the time. Gaskins explained that at the time, Reebok primarily attracted white women, especially those who participated in aerobics.

Someone like Iverson, who raps in his spare time and openly gets tattoos on display, could – and would – change the demographics in a major way.

“We felt the AI ​​could help us. The kids were fed up with being told, “Be like Mike. They wanted someone they could relate to, not worship. Allen Iverson was the most authentic athlete of his time. We designed a shoe for him, without even knowing if he was leaving school. It was the only chance we had to have the shoe ready at the start of the season.

Henry “That” Gaskins

The rest is history. The Philadelphia 76ers selected Iverson as No. 1 in the 1996 NBA Draft, and he signed a shoe deal with Reebok.

“It has always been a dream of mine to have my own sneaker,” Iverson told GQ. “It didn’t matter what it looked like; this sneaker was going to look good to me. It was my first basketball. It was perfect. It was mine. “

Iverson helped Reebook become a basketball shoe powerhouse

When Iverson debuted in the fall of 1996, the modern Internet as we know it was in its infancy. There was no viral clip on Twitter of him crossing Jordan or setting a defense for 30 points.

It didn’t matter. Iverson took home Rookie of the Year honors, and everyone knew his name as his highlights aired on Sports center each night. This included potential shoe buyers, who jumped at the chance to wear the star guard’s signature sneaker.

When speaking with GQ, Gaskins said the company had “gone from zero to over $ 200 million” in two years because of Iverson.

“For the first five years there was no one on the planet, maybe other than the president, who wouldn’t take my phone call,” Gaskins said. “Everyone just wanted to be around [Iverson]. “

Reebok hasn’t had a superstar running the company since Iverson retired

Although Iverson continues to represent Reebok in 2021, he also hasn’t played an NBA game since February 2010. And, given that he entered the Naismith Memorial Basketball Hall of Fame in 2016, it shouldn’t be. ‘expect that to change anytime soon.

Boston Celtics goalie Josh Richardson, Los Angeles Lakers big man Montrezl Harrell and WNBA forward Tamera Young are the current faces of Reebok. Reebok aptly brought back the Answer 4 sneakers from Iverson earlier this year to celebrate the 20th anniversary of when he crossed paths with famed Los Angeles Lakers goaltender Tyronn Lue in the 2001 NBA Finals.

Maybe history repeats itself. Many people still buy Jordan sneakers because of the six-time NBA champion. What prevents basketball fans from doing the same with Iverson and Reebok? Outside of those who argue that $ 130 is too much for a pair of sneakers, of course.

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RELATED: Nick Young’s Brief Boycott of Michael Jordan and Brand Jordan Ended After Humorous Compromise

Devin Booker and Luka Doncic deserve iconic sneakers

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The iconic NBA sneaker market is a crowded place. From LeBron James to Aaron Gordon, there are currently at least 20 signing athletes on the rosters. Zion Williamson (Jordan Brand) and Trae Young (Adidas) are the new members to receive the prestigious honor of having their own shoe. As rookie of the year LaMelo Ball to unveil the Melo 1 signature sneaker with Puma soon.

In what was arguably the best fashion night of the NBA Draft, the 2021-2022 Rookie Class caused a stir. The potential of this year’s Rookie Class is brimming with opportunities off the pitch. The Rockets’ No.2 pick Jalen Green stole the show with a gray suit that looked like a 1970s rock star. Green was the first prospect this year to sign a sneaker deal when he accepted a deal. multi-year profit with Adidas. The three-stripe brand has also hosted colleagues Jalen Suggs, Evan Mobley and Sharife Cooper.

Nike has announced the signing of No.1 pick Cade Cunningham and Warriors No.7 pick Jonathan Kuminga. The project got us thinking about the future of the iconic NBA sneaker family.

Here’s a look at some of the players who must or should be in demand for a signature shoe in a few years.

Devin Booker (Nike)

Booker led the Suns in a magical run to the NBA Finals, where they lost to the Greek Freak and the Bucks. But Booker’s play is not to be looked down upon. Double All-Star scored 40-point consecutive games and scored the most points for a player in their first playoffs, taking the honor of Rick Barry. Booker is only 24 years old but behaves like a seasoned veteran. It reportedly signed huge extension with Nike in 2019 and was one of the torchbearers for Kobe Bryant’s signature line. Booker’s impressive run in the finals and at the Tokyo Olympics makes him a sure-fire contender for his own shoe.

Luka Dončić and Jayson Tatum (Mark Jordan)

Dončić and Tatum would have designer shoes with all the other brands. there is no doubt. They are both true superstars and faces of the next era of the NBA. Jordan Brand has always been very selective with their signing list. Zion Williamson received this honor in April. Dončić and Tatum are both worthy and will both model the Air Jordan 36 this coming season. With Michael Jordan far beyond his playing days, there has to be someone carrying his legacy. You can’t go wrong with any of these three guys.

Ja Morant (Nike)

Morant is one of the most electrifying players in the NBA, and that’s one of the reasons Nike has continually called him to be the face of the Nike Adapt series. He changed the culture of the Grizzlies organization and is well respected throughout the league.

Jalen green (Adidas)

This year’s draft class was full of potential superstars who can wear a franchise and a brand. Green is one of the few players who can transcend the pitch because of his style and personality. He is exactly what Adidas needs as it continues to usher in the brand’s new era. With Fear of God designer Jerry Lorenzo as the new Global Head of Adidas Basketball, the opportunities to showcase green in marketing campaigns are endless. The signings list includes James Harden, Damian Lillard, Donovan Mitchell, Derrick Rose and Trae Young, and Green is undoubtedly next in line.

More NBA coverage:
• NBA Free Agency winners and losers
• The Knicks make measured moves in NBA Free Agency
• Best signings and worst moves in NBA Free Agency



Rick Owens x Converse: is the sneaker industry in bed with Satan?

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In a statement, Converse said, “Converse’s collaboration with fashion designer Rick Owens The DRKSHDW brand incorporates the DRKSHDW pentagram logo, which has been used in its line for many years. The pentagram, which has many different associations, is in no way a Converse commentary on religion, nor does it replace the iconic “All Star” logo on our shoes. “

Yet if the fury online was overblown, it wasn’t even the first time this year that a satanic shoe angered Christians. In March, Lil Nas X released the “Satan Shoe,” an Air Max 97 shape modified by the prankster collective MSCHF, to contain human blood and featuring satanic imagery like an inverted cross and pentagram on the tongue. The shoe, which sold out in less than a minute, angered not only Christian social media users but also Nike, which filed a trademark lawsuit against MSCHF. Nas, a certified social media black belt, satirized the controversy in the video for his song “Industry,” which shows the rapper serving time following Nike’s trial.

Lil Nas X in his “Satan shoes”.

Courtesy of Lil Nas X

So what about sneakers and Satan? I asked Kirby, who is also the author of a book that chronicles the hype priest movement called PreachersNSneakers: Authenticity in the Age of For-Profit Faith and (Budding) Celebrities. “The bottom line is that people almost universally talk about sneakers,” he said of the associations. “It shines the spotlight very directly on the brand by tapping into one of the most provocative themes on the market. While sometimes negative, it does at least attract clicks, chat, hype, and possibly spend (these shoes are going crazy in the resale market). It’s worth noting that Converse went ahead with Pentagram imagery after the trial, although they are presumably well aware of the power of a controversial-fueled marketing campaign. Sneakers are almost sold out everywhere.

Owens, of course, has cultivated an adorable fan base who finds a sense of liberation in his embrace of the alternative or even reprehensible. Partnering with a brand like Converse puts Owens on a much larger stage, one with audiences so large it encompasses perspectives beyond Owens’ smaller group of fashion fans. In an age when most of the fashion imagery that crosses the industry bubble is celebrity fueled and relatively innocuous, Owens’ sneakers are the rare piece of true subcultural weirdness to cross that border. More and more brands favoring pop culture, from Balenciaga to Jacquemus, have bet on this strategy.


Retail and Neurodiversity: Why Stores Should Turn Down Volume

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An assortment of products in a Lush Cosmetics store, known for creating a multisensory experience.

Jeffrey Greenberg / Universal Images Group via Getty Images

Lieve Douce, professor at the University of Hasselt, has studied sensory overload in commercial environments, studying the use and potential disadvantages of sensory stimulation as a retail strategy. “Companies like Starbucks, Ikea and Lush have gained a substantial competitive advantage through creating a more multisensory customer experience,” she notes. “However, introducing more cues into a store environment can trigger sensory overload, which can negatively affect consumer responses.”

Achieving the right balance is, says Douce, a particular challenge for beauty and perfume stores. Mitigation measures can be put in place to limit the negative impact of sensory triggers on neurodivergent consumers. For perfume, more precise product descriptions may limit the need to try perfumes in-store. Luisa, a perfumer at Avenoir Perfumery, advises explaining the notes in the simplest way possible – in the United States, they may involve avoiding French terms such as fern (one of the olfactory families). For Luisa, who suffers from dyslexia and dyspraxia, the hard-to-understand descriptions are unnecessary. “For neurodivergent people, ambiguity is the worst thing,” she says.

Many retailers are already rethinking their spaces to make them more accessible to neurodivergent people. Estée Lauder has appointed external agencies to audit the stores to explore improvements for greater inclusiveness in the UK. A program called Hidden Disabilities Sunflower Lanyard, launched in the UK and expanded to Canada, US, Australia and New Zealand, supports clients with hidden disabilities, including neurodiversity, by quietly reporting that the wearer may need additional support. Stores provide the cords, which customers can keep, with customizable cards showing sensitivity to smells, light or sound. The program encourages brands to “introduce a convivial hour: dim the lights, reduce the scents, turn off the music” as well as to offer “consultations by reservation, away from the perfume section”, explains Monica Rastogi, British director of Estée Lauder’s corporate cultural relevance. , inclusion and diversity. “Neurodivergent customers often have needs that make the typical consumer experience inappropriate for them, and it is the responsibility of companies like ours to create an environment that is accessible to all. “

Online guides to in-store experiences are also effective, says Tony Lloyd, CEO of the UK’s ADHD Foundation: [or] strong odors. He also echoes calls for quiet hours, noting that those times need to be changed during the week to provide flexibility for neurodivergent clients.

The UK’s National Autistic Society has sought to lead the way with an annual Autism Hour, encouraging stores to limit sensory stimulation while educating staff about autism. The project has stalled during the pandemic, but Tom Purser, head of guidance, volunteering and campaigns, says retailers can help their neurodivergent customers with very simple adjustments. “It can be as easy as… turning down the music or dimming the lights on bright makeup counters. “

Comments, questions or feedback? Write to us at [email protected].

More on this topic:

How fashion can embrace neurodiversity

Beauty blind spot: disabled people

Perfection Is Overtaken: Brands Are Redefining Beauty Marketing

Handwritten note from Mat Fraser to Jayson Hopper

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Photo credit: Jayson Hopper

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Just over a week ago, CrossFit Games rookie Jayson Hopper announced he had joined the NIKE team like their newest athlete. When a box of NIKE Metcon Mat Fraser editions showed up at his house, it was accompanied by a handwritten note from the five-time champion himself.

  • Hopper finished 19th in his rookie season, making it to the top 20.

What he said : “Welcome to the Nike team! I am grateful that our paths have crossed and delighted to see what you are doing during your rookie year. You have all the tools to have a great future in CrossFit, it’s up to you to do something with it. The people in your life are there no matter what [the] result, so make sure you go there and make yourself proud. Above all, hard work pays off! ”

  • “I talked to him a bunch in the past two months. [I] was thrilled he was tackling his rookie year and seeing what the future holds, ”Fraser told us.

The big picture: After his retirement, Fraser moved on to an older statesman role with promising athletes. He spent time off season working with Justin Medeiros, and now he’s giving Hopper advice.

  • it is not rare for legends of other sports, especially basketball, to train with new recruits on the team, or just anyone who asks.
  • Kobe bryant was well known for training even with non-Laker athletes who just called in and wanted to choose his brain.

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Check out Kobe Bryant’s daughter Natalia flaunting fitted thighs in a green swimsuit on a lavish yacht in Croatia

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Kobe Bryant’s wife Vanessa Bryant has delighted fans by sharing beautiful photos showing her and her family on vacation in Croatia. One of the photos showed her gorgeous eldest daughter Natalia in a green swimsuit.

that of Kobe Bryant family is in Croatia for a vacation and is having so much fun. The wife of late NBA star Vanessa Bryant shared photos and videos of her and her children’s vacation moments with fans on her Instagram page.

In an article posted by Vanessa on Monday, she shared a photo that showed her eldest daughter Natalia Bryant standing on a lavish yacht. Natalia was dressed in a green floral one-piece swimsuit that showed off her thighs and tight-fitting curves.

Kobe Bryant attends Warner Bros. Pictures’ “Just Mercy” Community Screening at Cinemark Baldwin Hills on January 06, 2020. | Photo: Getty Images

She laughed as she posed for the camera, with the clear blue waters and hills behind her adding a panoramic view to the photo. Vanessa also shared a short video which showed her youngest daughter Capri, 2, splashing around in the water and laughing in excitement as she did.

The proud mum also shared another video which showed her second daughter, Bianka, 4, showing off her impressive swimming skills. Vanessa greeted Bianka’s swim from the background as Natalia watched her from behind as she sat on a pool float.

Another photo in the post showed Bianka swimming while Natalia paddled her float. The last photo in the post showed Natalia raising her hands as she posed on her float. Vanessa subtitle the message, “🇭🇷.”

After the post, she made another post showing moments of her and her daughter in Saint-Tropez. The first photo she shared in the post showed her Natalia, Bianka and Capri posing all smiles as they sat at a table filled with delicacies.

Vanessa’s friend and Paul Gasol’s wife, Catherine McDonnell, posed with her and her daughters for the snap. Vanessa also shared three other videos that showed her kids vibrating to the background music while relaxing at the beach. She subtitle the post, “St. Tropez.”

Natalia also posted a photo from her family’s vacation in Dubrovnik, Croatia, to her Instagram page. The snapshot she shared showed her dazzling in a long black floral dress, which she teamed with white sneakers.

Vanessa and Natalia were present at the World Premiere of “F9” held at the TCL Chinese Theater in Los Angeles.

The 18-year-old wore dark shades and smiled as she posed for the camera, while the sea and rocks behind her made the photo more beautiful.

In the caption of the post, Natalia revealed the photo was taken at “King’s Landing,” which HBO’s “Game Of Thrones” fans will fondly remember as the capital of the Seven Kingdoms of Westeros.

Natalia’s life has been on a higher trajectory recently. In February, she sign with IMG Models, of which she expressed the pleasure of being a part.

She also said that she had always been interested in fashion since childhood, adding that it was an opportunity for her to learn and express herself creatively.

In June, she diploma from high school with her mother expressing her pride in her achievement via several Instagram posts. After graduating from high school, Natalia became a student at the University of Southern California, which accepted her in March.

Vanessa was extremely proud of Natalia after she was accepted to USC and shared a video showing the moment she found out she had entered the prestigious institution. In the caption of the post, Vanessa wrote:

“Tears of joy. I’m SO happy for you Nani! I know daddy is SO PROUD OF YOU. I’m SO PROUD OF YOU !! Your hard work and dedication was so worth it.”

Vanessa praised Natalia for going through the most excruciating pain imaginable and for being successful. She wished her late husband and daughter Kobe and Gianna were physically present to celebrate the moment, but knew they were with them in spirit.

Natalia shares a close bond with her mother and has been a major part of her support system following the deaths of Kobe and Gianna. The mother-daughter duo was talking to Vogue Magazine and spoke about their friendship.

During the interview, Vanessa described Natalia as an amazing girl and friend and compared her to the constant North Star to all of her friends.

Natalia also called her mother the strongest person she has ever known and compared her to the sun because of her talent for always being there and making a beautiful smile shine.

Vanessa and Natalia were present at the World Premiere of “F9” held at the TCL Chinese Theater in Los Angeles. During the event, the mother-daughter duo dizzy in sets of glowing neon lights.

Natalia wore a red pantsuit and heels, which she wore with a D&G bodice, while her mother wore a light green dress and matching shoes.



Kyrie Irving issues statement after criticizing Nike for new shoe design

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Brooklyn Nets star Kyrie Irving released a statement Tuesday following criticism he leveled last week on the latest of his signature shoes with Nike, the Kyrie 8.

In response to a photo leak shared on social media of the latest edition of his sneakers, Irving called the shoes “trash” and said Oregon-based Nike planned to release the shoes despite its disapproval. His comment has been liked over 16,000 times by users on the Instagram post, which is still live.

“I have nothing to do with designing or marketing the next # Kyrie8, IMO this is garbage!” Irving wrote at the time. “I have absolutely nothing to do with them! Nike is planning to release it without my consent no matter what I say, so I apologize in advance to all my sneaker fans and true supporters of the # KAI11 brand.

Irving added some information about the issue with Nike.

“When you’re building something big, sometimes there comes a point where you need to recalibrate and refocus to make sure everyone involved is aligned,” Irving said in a statement. declaration regarding his comments. “This is where the KAI11 and Nike brand are located. It was unfair to put the blame on Nike or on one person. That being said, we’re working diligently, restructuring and re-imagining things together to make sure we get it right. “

Irving’s $ 11 million deal with Nike has become one of the most lucrative in the sport in recent years. The former Duke star, 29, developed a signature shoe line with the sportswear company that quickly became one of the most popular and recognizable products among NBA stars.

It is clear, however, that the tension between the two parties is increasing.

Nike faced a similar controversy with Vanessa Bryant, the widow of the late Kobe Bryant. A pair of Nike “Mambacita” Kobe 6 sneakers were shipped and in the hands of an unidentified person despite Vanessa saying the shoe was not approved for sale or production.

– Aron Yohannes

[email protected]; @aronyohannes



Virgil Abloh shares his take on summer style with the Off-White x Nike Blazer Low

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Summer continues and it is with pleasure that we present you all the novelties available at the moment. It not only promotes excursions, backyard barbecues, and even international travel, but also presents the appropriate fashion for the season. To improve your sneaker game, our pick would be the Off-White x Nike Blazer Low. Nothing like a good pair of sneakers to warm up your wardrobe.

Virgil Abloh’s luxury fashion brand works closely with many major global brands. His collaborations with Nike have been solid for a few years and will not end anytime soon. As always, the Nike Blazer Low receives iconic design cues from Off-White. For example, the zip tie and the label that you can see on other versions.

Sandals aside, these ankle boots are ideal if you prefer a collar that sits just below your ankle. While some of us prefer high and mid-rise shoes, there are some casual outfits that just look better with low shoes. Style-wise, the Off-White x Nike Blazer Low retains most of the silhouette of the original.

Of course, the allure here are the embellishments it receives from Off-White. Almost instantly your attention will be focused on the midsole where the rear tapers to a point that extends past the heel. This addition features gold dots and a shiny blue with aquamarine elements.

As for the upper, it is in black leather with cutouts in several parts. A bold choice over traditional mesh fabric for breathability. The exposed foam tongue features Nike and Off-White co-branding. In addition to the black laces, this exclusive Low Blazer features another neon green cord. Both have text that reads “LACETS” in white and black block letters respectively.

Learn more: Nike

Images courtesy of Off-White


Ten colorful basketball courts from around the world

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A blue checkered court in Mexico City, a multi-colored court in Paris, and a 3D printed basketball floor are all part of our selection of colorful basketball courts.



Ezelsplein in Aalst, Belgium, by Katrien Vanderlinden

Belgian artist Katrien Vanderlinden painted a colorful mural inspired by children’s play on a basketball court in downtown Aalst.

Squares, rectangles, triangles and circles, of different shapes, sizes and colors make up the court named Ezelsplein. Vanderlinden used the children’s mathematical reasoning game Logical Blocks as the basis for his geometric designs.

The unique pattern of shapes, lines and colors gives players the flexibility to create their own games on the pitch.

Find out more about Ezelsplein ›


Canary Wharf Basketball Court by Yinka Ilori

Bank Street Park basketball court in London, by Yinka Ilori

Designer Yinka Ilori combined his distinctive geometric patterns and vibrant colors for this public basketball court in London’s Canary Wharf financial district.

The half court, designed for three-way basketball, is covered with 3D printed polypropylene tiles.

Ilori’s colorful prints also spread across a palisade wall that runs along the perimeter of the court, while a blue and orange wave pattern covers the back panel of the court’s only basketball hoop.

Find out more about the Bank Street Park basketball court ›


Pigalle Duperré by Ill-Studio

Pigalle Duperré in Paris by Ill-Studio and Pigalle

Ill-Studio has teamed up with French fashion brand Pigalle to create a multi-colored basketball court nestled in the middle of a row of buildings in Paris’ ninth arrondissement.

1930s Russian artist Kasimir Malevich’s artwork Sportsmen inspired the design. The painting depicts four figures all dressed in the same bright colors found on the courtyard.

Squares of blue, white, red and yellow ethylene propylene diene monomer (EPDM) rubber – a synthetic material commonly used on floors for sports – have been added to the court.

Find out more about Pigalle ›


Kinloch Park basketball court mural by William LaChance

The Courts of Kinloch Park in St Louis by William LaChance

Artist William LaChance painted three basketball courts in a suburb of St. Louis in bright, blocky colors.

The drawings are based on a series of five oil paintings which, when placed side by side, form a larger image in a “tapestry of fields of color”.

White lines have been painted on top of the colored background, which includes hues of blue, green, red, yellow, brown and gray.

Find out more about the courts at Kinloch Park ›


a man shoots a ball in a hoop on a basketball court

Summerfield Park Court, Birmingham, by Kofi Josephs and Zuke

Basketball player Kofi Josephs and Birmingham graffiti artist Zuke have redesigned a basketball court in Summerfield Park, Birmingham.

Bright yellows and blues were painted on the grounds in an effort to attract locals and children to the game.

The design includes elements that symbolize the city of Birmingham. For example, a wreath has been painted on concrete that reflects the Jewelery Quarter in Birmingham.

Find out more about the Summerfield Park field ›


Stanton Street basketball courts by Kaws and Nike

The Courts of Stanton Street in New York, by Kaws

Nike called on Brooklyn artist Kaws to illustrate these two basketball courts located next to each other on Stanton Street in Manhattan, New York.

The artist, who is known for his brightly colored cartoonish works, has covered two shorts in his distinctive style.

An abstract version of Elmo and Cookie Monster, characters from the popular children’s TV show Sesame Street, was painted on the courts with barred eyes.

Find out more about the Stanton Street courts ›


Colorful Paris basketball court, Paris, by Pigalle Duperré

Pigalle Duperré in Paris, France, by Ill-Studio and Pigalle

Ill-Studio and Pigalle have teamed up again to revisit a basketball court they redesigned in 2015. The designers replaced the old colors of the blocks with shades of blue, pink, purple and orange.

This time, employees called on the support of sports brand Nike to redesign the compact and irregularly shaped site.

Translucent pink plastic panels have been added, while the play area and areas are outlined in white.

Find out more about Pigalle Duperré ›


Nike LED Basketball Court

Mamba court house in Shanghai, by Nike

Fashion brand Nike unveiled a full-size basketball court in Shanghai with motion tracking and integrated responsive LED visualization technology.

Designed to allow American star Kobe Bryant to teach his skills to young players as part of the Nike RISE initiative, the pitch features classic pitch markings alongside the Nike RISE brand.

When the field is not needed for training and playing purposes, the LED surface can display almost any combination of moving images, graphics and colors.

Find out more about the House of Mamba court ›


Kintsugi Court in Los Angeles by Victor Solomon

Artist Victor Solomon attempted to reconcile the many cracks and crevices found in this Los Angeles basketball court using the Japanese art of Kintsugi.

Lines of golden resin cross the ground like a vein, connecting the pieces of worn gray concrete.

The artist drew on his knowledge of Kintsugi, which consists of repairing broken pottery with lacquer mixed with precious metal powders, in order to highlight, rather than hide, the breakage.

Find out more about the Kintsugi court ›


Cancha La Doce by All Arquitectura

La Doce in Mexico City, by All Arquitectura Mexico

Mexican design studio All Arquitectura has created a vibrant football and basketball court for one of Mexico City’s poorest and most violent neighborhoods.

The designer covered the surface with a stretched and slanted checkerboard pattern in two shades of bright blue.

Overall, the revamped courtyard adds color and atmosphere to the area, which is otherwise dominated by ramshackle apartment huts and deteriorating buildings.

Find out more about La Doce ›


Nike back-to-school summer sale

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Around this time, brands are starting to offer back-to-school sales, which is also great for people who may not be going back to school. In fact, Nike is having a back to school sale, and I for one am everywhere. The brand is offering up to 50% off some of our favorite items, including running shoes and training gear. To help you analyze all the offers, we’ve rounded up some of our favorites.

Renew the execution: These running shoes are softer than softer. They have a dual density midsole with moon foam underfoot and a breathable mesh upper to help keep you safe and comfortable with every step.

Swoosh Dri-FIT Bra: Made with wide straps, this sustainably crafted bra feels secure and comfortable, and is made from a soft, lightweight fabric that wicks away sweat to keep you dry even during the most intense workouts.

Revolution 5:Ultra-light and breathable, these shoes feature a minimalist design ideal for running errands or just heading to the store. If you are looking for a versatile shoe, this is what you need.

Flex training shorts: These shorts are designed to do just about anything. Made with two-way stretch fabric and sweat-wicking technology, it will keep you dry during any workout and move with your body no matter where you head.

Scouted selects products independently and prices reflect what was available at time of publication. Subscribe to our newsletter for more recommendations and offers. Curious about a particular product or brand? Let us know! If you buy something from our posts, we may earn a small commission.

“We are trying to make Africa great” – The Undefeated

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While Jonathan Kuminga was growing up in the Congo, the 2021 NBA Draft candidate had minimal access to American basketball, with the exception of 30-minute sessions (or an hour, if he was lucky this). day) at the local internet cafe where he could upload Kobe Bryant and LeBron James highlights to YouTube.

When the combo forward, who averaged 15.8 points and 7.2 rebounds in the NBA Development League this season, wanted to play basketball in his home country – a sport that has him taken from a war-torn Congo that has been in one form of conflict or another for nearly three decades to the precipice of NBA stardom – there was rarely access to indoor courts or adequate basketball shoes to play. Not to mention the level of training needed for elite basketball talent like him.

Those years in the Congo, and the last five years he has spent playing high school and professional basketball in America since (Kuminga moved to the United States in 2016), made the 18-year-old grateful for the opportunity he earned by being a top-10 prospect in Thursday’s NBA Draft, and determined to ensure he isn’t the last Congolese player to qualify for the league.

Congolese basketball player Jonathan Kuminga (center) practices at Patrick School in Hillside, New Jersey on December 24, 2019.

THOMAS URBAN / AFP via Getty Images

“I want to do well. I want to be awesome, ”Kuminga told The Undefeated last week. “If I get out of it. I want Africans to be like, ‘If he did it, we can do it too.’ “


Until recently, Africa was not a hotbed of basketball talent. Sport comes second behind football on the continent, in part because of the accessibility of the latter. To play fútbol, ​​all you need is a ball and almost any surface to play on. Basketball requires not only a ball, but also a court and a basket to play, as well as proper sneakers.

But the selections of the Nigerian center Hakeem Olajuwon (1984), the great South Sudanese man Manute Bol (1985) and the Congolese center Dikembe Mutombo (1991), and the investment on the continent by the NBA at the turn of the century, have opened the floodgates for African talent over the past 20 years, illustrated by the MVP candidacy of Cameroonian Joel Embiid last season.

Kuminga’s parents played basketball, and Kuminga’s older brother, Joel Ntambwe, played three games for Texas Tech last season before leaving the program for personal reasons. Emmanuel Mudiay, who last played in the NBA for the Utah Jazz in the 2019-20 season, is Kuminga’s cousin.

“I have parents who have played basketball my whole life,” Kuminga said. “So basically I got the chance to touch a basketball at an age that I can’t really remember when I first did it.”

Congo has lagged behind other African countries, namely Nigeria, when it comes to uncovering NBA-ready talent. There have been four Congo-born drafted players – Mutombo, Christian Eyenga (2009), Bismack Biyombo (2011) and Mudiay (2015) – along with seven other players, including Atlanta Hawks center Clint Capela (2014), with at least a relative from Congo who have been selected. For comparison, nine players of Nigerian descent were selected in the 2020 draft alone.

While the Milwaukee Bucks and Miami Heat first-round playoffs featured nine players of Nigerian descent, and the Bucks and Phoenix Suns NBA Finals featured players with ties to Nigeria, the Guinea, Senegal and Egypt, a player born in Congo. has appeared in only one playoff series in the past four years (Mudiay). And at the international level, the Congo Men’s National Team has never qualified for the Olympics or the FIBA ​​World Championships but has participated in the FIBA ​​AfroBasket on several occasions, including this summer.


Kuminga, who was born in Goma, located in the western region of Congo near the Rwandan border, said the country was lagging behind due to a lack of basketball infrastructure.

“People are playing basketball, but it’s not really big, because we don’t have some people going out there and helping organizations there,” he said. “So a lot of people are not following.”

Even something as simple as having access to basketball shoes is a struggle for young people. Kuminga has spoken in the past of having to play in damaged sneakers throughout his childhood, which resulted in many slips and falls on the outdoor courts.

“You’re playing games in two weeks, your toes are sticking out of the shoes,” said Kuminga, whose mother tongue is French.

“I will continue to play, but I have no other shoes. It’s going to take me a lot longer to get other shoes, because these are my only shoes that I could use for basketball, and other shoes that I will use to go to the games, to go to the school.

“If we had a better organization, people who really help, I think we would produce a lot of players. And that’s the thing we’re really trying to focus on …

G League Ignite’s Jonathan Kuminga (right) walks for the basket during a game against the Agua Caliente Clippers on March 3 at AdventHealth Arena in Orlando, Fla.

Juan Ocampo / NBAE via Getty Images

But if Kuminga were to be selected in the top six in Thursday’s draft (he was to place eighth overall from ESPN NBA Draft analyst Jonathan Givony most recent draft), he would surpass Mudiay (seventh overall, 2015) as the most drafted Congo-born player since Mutombo was selected fourth overall in the 1991 draft by the Denver Nuggets, and become Congo’s second active player in league, join the Charlotte Hornets Biyombo. (Patrick Mutombo, who played in the NBA Development League in the 2009-10 season, is the head coach of the Toronto Raptors G League branch.)

In addition to helping develop basketball in his home country, Kuminga also wants to use his now-enhanced platform as an NBA rookie to speak out against human rights violations in Congo and the United States.

Kuminga was born in a country that was still grappling with the fallout from the genocide in neighboring Rwanda and the Congo’s first war. The Second Congo War, which claimed more than 5 million lives, ended just one year after Kuminga was born in 2002. Civil strife has ravaged the country since then.

While Kuminga never went into details of what he witnessed as a young boy growing up in Congo during this time, last spring he compared the protests following the police murder of George Floyd to the “atrocities” he witnessed in Congo, inspiring him to “stand up against all types of prejudices, discrimination and racism that we still suffer all over the world”.

Meanwhile, Kuminga was well aware of which college coaches recruiting him, including those from Duke and Kentucky, spoke about anti-black racism in America. (Kuminga eventually left college completely and played for the G League Ignite, a development team designed specifically for NBA Draft prospects, last season.)

“Growing up, I had a situation. My parents really tried to help me and provide for me and stay away from that stuff, ”Kuminga said. “I’m not really talking about that, but like, things that were going on before aren’t right, so it makes people feel bad.” And especially as Africans – not just from the Congo, African children – and all coming to the United States, it’s like the dream has come true.

“Every time you walk away from this stuff, thank goodness I have. And that’s why we keep working hard. We try to change things in Africa. We try to make Africa great. .

Kuminga hopes his selection on Thursday will lead to more investment and engagement in Congo so that one day there are more Mutombos, Biyombos, Mudiays – and Kumingas – playing in the NBA.

“I want to accomplish so many goals in basketball that one day they will be talking about this kid from Congo,” he said. “And then when they talk about this kid from the Congo, it will bring a lot back to the Congo that they want to know who else will be next. What does the Congo need? What kind of help do they need to produce more children like this? That’s what it’s about.

Martenzie is a writer for The Undefeated. His favorite cinematic moment is when Django said “Do you all wanna see something?”



Here’s how to buy the Early Access Sale for Nike members, and get an extra 20% off

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Our team is dedicated to finding and telling you more about the products and offers that we love. If you too like them and decide to buy through the links below, we may receive a commission. Prices and availability are subject to change.

It’s no secret that running shoes and sportswear can get pretty expensive. So when it goes on sale, it’s a great time to restock your wardrobe. The Nike Membership Early Access Sale has started and only Nike Members can access the best deals.

If you are not currently a Nike member, you can go to the sales section of the brand’s website to find some great deals already. However, if you are a Nike member, you can benefit from an additional 20% off the sale price when you redeem the code. BEST20 at checkout, plus free shipping, until July 24.

To become a Nike member, it’s easy and above all, it’s free. All you have to do is sign up online with your email and provide your birthday (you’ll get a 25% promo code on D-Day).

This is important because some items in the “Member Early Access Sale” section are marked as the full price, but when members use the promo code they will get 20% off. For example, this pair of Nike Women’s Court Vision Low sneakers are regularly $ 65, but with the code, they’re $ 52 at checkout.

Women’s Nike Court Vision Low Sneakers, $ 52 with code BEST20 (Orig. $ 65)

Credit: Nike

Credit: Nike

Buy now

You can check out some of the best styles on sale currently only available to non-members below. But seriously, sign up and get the extra 20% off these styles! It’s worth it for the offers and free shipping, even if you receive additional emails in your inbox.

1. Nike Air Zoom SuperRep 2 for women, $ 89.97 (orig. $ 120)

Credit: Nike

Credit: Nike

Buy now

The Nike Air Zoom SuperRep 2 is the perfect shoe for circuit training and HIIT classes. “Zoom Air” cushioning keeps your foot locked in and comfortable as you jump, split, squat, dance and more.

2. Nike Sportswear Icon Clash Dress, $ 42.97 (Orig. 65)

Credit: Nike

Credit: Nike

Buy now

Are you looking for an easy and light dress for the summer? Make it a part of your athleisure wardrobe. It is available in a range of sizes, from XS to 3X.

3. Nike SB Sunday Graphic Skate Shorts, $ 29.97 (orig. $ 45)

Credit: Nike

Credit: Nike

Buy now

These sweat-wicking shorts are designed for skating but can also be worn lying on the sofa at home. They come in black, gray and orange, but the latter is perfect for summer.

4.Nike Air Max 2090 for men, $ 84.87 (original $ 150)

Credit: Nike

Credit: Nike

The Nike Air Max 2090 is one of the hottest shoes of the year. They come in four colors and are all on sale, but the white color is the most discounted at over 40% off.

5. Women’s Nike Fleece Hoodie, $ 48.97 (Orig. $ 65)

Credit: Nike

Credit: Nike

Buy now

Stock up on basics during the Nike sale, like this classic fleece hoodie. It’s available in eight colors and you can pair it with matching shorts.

6. Men’s Nike React Infinity Run Flyknit 2, $ 119.97 (Orig. $ 160)

Credit: Nike

Credit: Nike

Buy now

For men who love to run, here are some of the top rated running shoes. They are lightweight and breathable, while providing support and comfort.

7. Women’s Nike One Rainbow Ladder 7-inch Shorts, $ 37.97 (Orig. $ 50)

Credit: Nike

Credit: Nike

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The post Here’s How to Buy Nike Member Early Access Sale, and get an extra 20% off, first appeared on In The Know.

Style influencer BryceKicks tells us her secrets to elevating her personal style

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  • Style influencer BryceKicks gives us a window into the development and elevation of personal style.
  • The Canada-based style influencer shares seasonal fashion recommendations and tells us her favorite brands to wear right now.

The coolest aspect of the style is that it gives the outside world a window into who we are. The way you dress, for better or for worse, can often tell someone everything they want to know about you before they even say a word. The music you listen to, the art you love, the food you eat, the culture or subculture you belong to, your style is everything.

In words less dramatic than the previous sentence above, style is important.

A person who knows the importance of style is Bryson moore, also known as BryceKicks.

Who is BryceKicks?

BryceKicks launched his YouTube channel just over three years ago to express his love for sneakers and sports. Videos with titles like 4 Ways To Style The Nike Blazer Mid ’77 Vintage, 10 Nike Dunk Outfit Ideas and 15 Easy Air Jordan 1 Outfits have racked up hundreds of thousands of views and solved styling issues in short, windows informative usually no more than 8 to 12 minutes.

Right now, the Toronto-based style influencer is on the verge of 40,000 subscribers on YouTube. It also communicates with its nearly 9,000 subscribers on Instagram.

BroBible Interview with BryceKicks

We were convinced by BryceKick’s style knowledge when we saw his recently popular summer fashion trends for men. So we called him up to find out more about how he has built his wardrobe over the years, as well as to ask for some tips on how to improve his personal style.


BroBible: How good is Bryce! Thank you for taking the time. Where are you located at the moment?

BryceKicks: Hey thanks for the opportunity! I currently live just outside of Toronto, Canada. I’ve lived in this neighborhood all my life, but I just moved into this apartment you see behind me.

Congratulations on the move. I want to jump in and talk about your style journey. How did your interest in clothing come about?

I have to say it started with sneakers. I was the kind of kid who would go with my parents to the mall and shop at stores like Footlocker and Champs. I walked inside and marveled at the products on the shelves and dreamed of one day being able to afford the shoes hanging on the wall.

My passion for sneakers then grew when I saw my cousin’s collection. His closet was filled from floor to ceiling with shoe boxes, and he would walk by and show me every pair and explain to me why they were rare. Once I got older I started pushing carts to the local grocery store. I would take my paycheck and put it immediately in the last exits of the mall.

Sneakersheads are often guilty of wearing cookie-cutter shorts and t-shirts with their shoes. You are obviously far from these outfits, but how did you learn to avoid this cliché?

Well, for me, it’s always been about balancing the pairing of my sneakers without being too over the top. I’ve always been drawn to the laid back style and the latest trends that you saw in stores like Zara or Urban Outfitters growing up. These were stores that I was limited to because I was young and on a budget, but the point is, they have basics that everyone should be looking to own.

My style has developed in different ways over the years, but my focus is on wearing mostly timeless items that never fade while mixing up trends that I think I might like.

Can you give me an example of how you do this now?

Yeah, so I want to wear pieces that complement each other. I can still wear beige khaki pants, but if I wanted to elevate my outfit while still essentially keeping the same color and look, I would go for, say, double knee carpenter pants with a bit of a looser fit. Keep the same beige color but add a modern touch with trendy pants.

How do you spot these trends? Where should readers look if they want to experience clothing trends for themselves?

My inspiration comes only from the community I am in: streetwear, sneakers, vintage, pop culture. I would say finding fashion accounts to follow on Instagram is huge. They’re the ones who break down what people wear and why the trend is popular, which basically stems from fame. Influencers and celebrities these days like Travis Scott, Virgil (Abloh), Kanye West, they dictate a lot of what’s popular right now for me. Other celebrities with a really good style like ASAP Rocky that I am too.

So starting with the source of who wears the clothes you like the most.

Okay, and from what I’m seeing I’m wondering, “How do I get inspired by this inspiration, find an affordable version of this piece online, and then add my own flavor and twist?” “

How important is having a good fit?

Fit is the most important thing. When it comes to style tips and how to best wear an outfit, it’s all about getting the fit right. It requires that you are prepared to try things. Everyone probably has a favorite t-shirt that looks great on them. So if you were to take these measurements (pit to pit, shoulders, hem, length), you would have a guide to what you prefer and what looks best on you.

“The shape is the most important thing.”

Personally, I like casual clothes that are a bit looser, but I know that you shouldn’t go overboard with loose clothes.

You also talk a little bit about understanding proportions.

Precisely, you want to know how the silhouettes fit together. And to be honest with you, I try to be very careful how I convey my content so that it doesn’t come off because that’s what you need carry. This is how I like to dress and if you like it. Cool.

“This is how I like to dress and if you like it.” Cool.”

If you don’t, that’s okay, there are so many different styles and personal tastes. I try not to criticize anything because what I don’t like might be someone’s favorite thing. And so with my channel, if you like how I dress, then welcome to the community!

Off the top of your head, if you were to give specific style cues to get it right away, what would they be?

So there are a few items that I will recommend. I’ll give this a summer ride. The first, super affordable option is the white-on-white Nike Air Force 1. They are one of the best-selling sneakers of all time for a reason, and I still wear them to this day. You can wear them with anything. And this year, my favorite sneaker released so far is the New Balance 550 from Aimé Leon Dore (ALD).

When it comes to shorts, you can’t go wrong with the Nike Woven Shorts. They are made of nylon and the crotch is perfect 6-7 inches. They come in a ton of different colors and are quite resistant to moisture. Another option for shorts that I’ve been loving lately is the Umbro Checkered Shorts. You can buy them on Amazon and they have great colors like red, forest green, navy blue etc. The bright colors and pattern will add depth to your outfit.

And then for the t-shirts, I like to keep them clean. No big logos on my chest, but if it’s a vintage t-shirt with a unique graphic, I’ll wear it. One of my favorite t-shirts to wear right now is the Carhartt pocket t-shirt. They’re easy to order and inexpensive, and they have a bit of an oversized fit that I like to pair with these 7 inch crotch shorts.

Interview with Bryce Kicks

Any accessories?

If we’re going to accessorize, I’ll take a simple tote bag from, say, Uniqlo. They have great tote bag deals and they are lightweight and great for carrying small items. I’m a big hat guy too, so I would do a trucker style cap or a fitted cap. I’m definitely on the new comeback of fitted hats and I love shopping Hat Club for rare and exclusive team colourways.

Awesome! Great recap.

It’s kind of the BryceKicks starter pack there.

Can you tell us what’s on the horizon for BryceKicks?

Yes! Big stuff is planned for the channel here in the next couple of years. I just signed up with an agent to help me with partnerships and collaborations. My immediate goal is simply to attract more people to the channel and make sure my platform remains sustainable. I really love what I’m doing right now and want to keep making great videos.

And for my long term goal, someday I’m looking to start my own clothing brand. I kind of dove into the early stages of sourcing and sourcing and I really like where it’s going. This is probably the last phase of what I planned.

Exciting. Thanks again for taking the time Bryce and giving us these tips!

Thank you very much for your questions and compliments! Take care.


To connect with BryceKicks, you can find its Youtube channel here and his Instagram here.

If you would like to check out some of the products mentioned by BryceKicks, you can click on each item to access their listings: Nike Air Force 1, Nike woven shorts, Umbro check shorts, Carhartt Pocket Tee, Uniqlo tote bag.


John is the Style and Equipment Editor at BroBible. You can contact him on Twitter @johnthompsoniv or by email [email protected]



As NBA Draft draws near, LSU Basketball’s Cam Thomas continues to hold on in the first round

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After receiving an invitation to the Green Room for the July 29 NBA Draft, former LSU star Cam Thomas continues to see his draft supply skyrocket. The first-year phenomenon hosted a shooting clinic during his private practice with several NBA teams, including the Golden State Warriors, Atlanta Hawks and New York Knicks.

Thomas, who studies the film by NBA superstars Bradley Beal, James Harden and Devin Booker, worked on his dribbling creation throughout the draft preparation to be ready for the next level. Taking pieces from NBA legend Kobe Bryant has been a prominent figure in recent years as he is a purebred goalscorer.

“I would probably say the only player from the past is Kobe (Bryant) a bit because of our mindset and the way we score,” Thomas told USA Today in early July. “For players now, I compare myself to Devin Booker, Bradley Beal and James Harden.”

In Sports Illustrated’s most recent simulation project, Jeremy Woo projected that Cam Thomas would become No.22 for the Los Angeles Lakers due to his immediate scoring ability and potential as a consistent goalscorer in the league.

As a “bucket getter” Thomas knows this will be where he can step in from day one and make an impact on any team that selects him. Whether it was in high school at Oak Hill, playing on the EYBL Tour during the Summer Ball, or lighting it up at LSU, Thomas has always been the top scorer of any team he’s laced his shoes for.

This is the pure reason why his name flies on the drawing boards. Teams desperately need someone who can score the ball on all three levels, something Thomas thrives on and has highlighted in every NBA practice he has had leading up to draft night.

“Out of the dribble, out of the grip. People are really impressed with my range and how well I shoot the ball, ”Thomas said after training with the Warriors. “So basically the feedback I got is that I’m shooting the ball really well and it’s really different from my percentages.”

Bleacher Report’s NBA Draft guru Jonathan Wasserman recently pushed Thomas to 20th overall with the Atlanta Hawks in his last mock draft, with the potential to see him go even higher.

With Thomas winning a Green Room invite, he’s joining a special company among a host of projected NBA lottery picks, proving his draft supply continues to grow in the right direction. As today’s NBA moves towards a Premier League score, it’s fair to see Thomas’ name fly as we get closer to draft night.

His confidence and the time he devotes to his craft will make him a sure-fire scorer once he reaches the next level, but he takes pride in his potential as a playmaker to lead anyone’s offense. which team.

“A team should take Cam Thomas because he’s the top scorer in the draft and is ready to come in and give any team an instant attack,” Thomas told HoopsHype’s Michael Scotto. “Confidence and the ability to handle high pressure situations because you have to be able to live in the moment, be a student of the game and also a winner. He likes to win and he won’t settle for less. He’s going to bring a winning mentality to a team.

In next Thursday’s NBA Draft, Thomas will surely be ready to come on day one and provide crucial minutes to any team that selects him. With a ‘bucket winner’ mentality and a proven ability to score the rock, Cam Thomas has star potential for anyone lucky enough to get the much-vaunted LSU product.


Nike sues former employee and company for alleged violation of custom shoes

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Nike’s trademark lawsuit against Customs By Ilene, Inc., dba Drip Creationz isn’t the only customization-centric lawsuit it filed this week. Also on Monday, Nike named Jeffrey Waskowiak and KickRich LLC in a similar – but unrelated – lawsuit, charging them with counterfeiting and trademark dilution in connection with their alleged practice of “reselling Nike and Converse products that have been materially altered from so that brands have never approved or authorized ”, and thus depriving Nike and Converse, owned by Nike, of their ability to“ carefully manage the brands with which to collaborate and to carefully select where, when and at what frequently their brands are used to guide public perception for their iconic brands.

According to the lawsuit they filed in federal court in Oregon on Monday, Nike and Converse claim that Jeffrey Waskowiak – a former Nike employee – and his company KickRich LLC (the “defendants”) are on the verge of manufacturing “made-to-measure” shoes. products which “combine allegedly genuine Nike shoe soles with uppers entirely manufactured by the defendants”, and which include “reproductions of Nike’s famous Swoosh design and other protected commercial clothing” and then sell them for “hundreds or up to several thousand dollars each. ”

Nike and Converse allege that the defendants acquire genuine Nike and Converse shoes, such as the Air Jordan 1 and Air Force 1, as well as the Chuck Taylor All Star from Converse, then, “without [their] authorization, modify them in such a way that [the shoes] are new unauthorized products ”over which Nike and Converse“ have no control ”even though their trademarks“ remain intact ”on“ personalized ”footwear. Although these allegedly “personalized” shoes “may use parts from genuine Nike and Converse shoes”, the plaintiff argues that the genuine parts are “so modified and combined with non-genuine parts or logos of other brands that they are can no longer be considered in a meaningful way. Nike or Converse shoes.

In addition to turning the initially genuine shoes into significantly different products that still carry the Nike and Converse brands, thereby presumably suppressing their ability to successfully invoke the first-sale doctrine as a defense, the plaintiff shoe companies claim that the defendants are doing worse business by offering “personalized” shoes that “mistakenly associate Nike with other brands”. For example, Nike points to the shoes that the defendants promote as “Custom Prime Nike Air Jordan 1″, which it claims “mistakenly associates Nike with Amazon” by mixing an authentic Nike Air Jordan 1 shoe, adding a “Custom leather lined tongue.” made from Amazon Prime bubble wrap “and new metal grommets, then” by applying the Amazon Prime branding in several places on the top right next to the Nike Swoosh design “.

In a fun way, Nike also highlights the combination of the accused Nike sneakers and the US Post Office brand, something Nike itself did this spring, apparently in an unauthorized capacity at first. The Nike sneakers prompted the USPS to issue a statement distancing itself from the “unfortunate situation” in which Nike, “which aggressively protects its own intellectual property, has chosen to leverage another brand for its own benefit.” Despite a first clash, the parties have since announced an official collaboration.

Not finished, Nike and Converse claim that “the counterfeiting and dilution of Waskowiak and KickRich does not end there”, as they “also” manufacture and sell laser cut and digital download “shoe models” that allow customers to others to manufacture counterfeits for several of Nike’s iconic and commercial brands. – Coat protected shoe styles, including the Air Force 1, Dunk and Air Jordan 1. “Nike and Converse allege that the defendants” claim that these models include “all the shapes necessary for each upper, lining, overlays, foams and heel counter” “,” or in other words, “the clients of the defendants buy these models to make their own fake Nike uppers bearing the famous Swoosh design and other protected commercial clothing.

And finally, not to be overlooked, Nike and Converse claim that the defendants have confused the market, among other things, “by advertising their counterfeit products.” [by] including “classic” or “vintage” applicants ‘logos and slogans, ”as well as“ references to Waskowiak’s previous employment, which suggests applicants’ authorization ”. Here Nike and Converse refer to Waskowiak’s nearly 5-year role as a shoe developer for Nike from 2014 to 2019.

As to the alleged damage to Nike and Converse as a result of these “illegal customizations”, the shoe makers claim that the defendants’ products “dilute [their] trademark rights and they confuse, and are likely to confuse, consumers as to the source, origin, affiliation and / or sponsorship of products. Consumers likely to be confused in an initial sales capacity, according to Nike and Converse. Beyond that, however, they interestingly assert that the allegedly counterfeit products “will continue to confuse the marketplace, including, but not limited to, confusion after the sale and confusion in secondary markets. sneakers “ie on the robust resale market. for shoes.

And reflecting some of the language of the Drip Creationz complaint, Nike and Converse here claim that the defendants’ unauthorized “personalizations” interfere with their “prerogative to choose who. [they] collaborates with, what colors [they] press releases, and what message [their] designs convey ”considerations that they claim to be an integral part of [their] branding and quality control on [their] designs. Likewise, Nike and Converse claim that such unauthorized customizations limit their ability to control “their brands, their company’s reputation and the associated goodwill, which they have spent decades building.”

As in the Drip Creationz case, Nike and Converse have presented allegations of trademark infringement, trademark dilution, false designation of origin and unfair competition, and seek damages in an amount to be determined at the lawsuit, as well as an injunction to prohibit the defendants from further infringing their trademarks and / or damaging their company’s reputation, among others.

The case is Nike, Inc. and Converse, Inc. v. Waskowiak and KickRich LLC, 3: 21-cv-01068 (D.Or.)


StockX has already been hit by the Tokyo Olympics – Here’s how – Footwear News

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The controversial Tokyo Olympics are here, and even sneaker enthusiasts are taking inspiration from the global event.

“We are seeing strong demand for a wide range of Olympic versions, not just the most recent drops,” StockX Senior economist Jesse Einhorn told FN.

Ahead of today’s opening ceremony, Einhorn said a lot, but not all the demand on the “stock market for things” is for retro Olympic products.

“Perhaps not surprisingly, the products associated with the 1992 Dream Team – notably the Jordan 7 ‘Olympic’ colourway – are some of the most valuable and beloved Olympic-themed sneakers,” said Einhorn. “The JO Jordan 7 ‘Olympic’ (1992) recently sold for just under $ 1,000, twice what it sold for last year. Other retro Jordan 7 ‘Olympic’ have seen their value increase by 30-60%.

He continued, “A number of the hottest releases of 2021 are just starting to drop, from Nike’s SB Dunk pack to Nike’s Air Zoom Tempo Next% and Off-White, so we’re excited to see what happens. will pass over the next few weeks. “


Air Jordan 7 OG “Olympic” (1992).

CREDIT: Courtesy of StockX

While the Olympics generated some demand, Einhorn said it wasn’t overwhelming – although it likely will be as the games progress.

“Last week we saw a slight increase in searches for ‘Nike More Uptempo’ and ‘Olympics’. However, that is still a relatively low base, ”said Einhorn. “We expect searches for Olympics-related sneakers to pick up in the coming weeks as some of the hottest new releases start to decline.”

Historically, StockX has confirmed that the most successful Olympics-related sneaker – in terms of total trades – is the Nike Air More Uptempo “Olympic”, Especially the retro versions from 2016 and 2020. The original model was worn by NBA icon Scottie Pippen in Team USA in 1996.

Although Nike has produced several colourways of the shoe, StockX has confirmed that the “Olympics” iteration has been traded over 10,000 times, making it the most popular Olympic-themed sneaker in its history.

Additionally, the company said the shoe saw an increase in trade following last year’s premier of “The Last Dance”, the 10-part docuseries on ESPN featuring Michael Jordan and the Chicago final. Bulls during the 1997-98 NBA season.

The “Nike Air Max 97 Olympic Rings – Red”Is the platform’s second biggest hit, which released in January 2020, months ahead of the originally scheduled Tokyo Olympics.

The 2016 Air Jordan 5 Retro “Olympic”, the 2012 Air Jordan 6 Retro “Olympic London” and the 2020 Nike Air Presto “Australia Olympic” completed the top five.


Nike Kobe 7 USA Olympic

Nike Kobe 7 “United States Olympic”.

CREDIT: Courtesy of StockX

In terms of the most expensive sneakers on StockX, the 1992 Air Jordan 7 OG “Olympic” takes the top spot with an average price of $ 625. The second most expensive pair is the Nike Kobe 7 “USA Olympic” which has an average price of $ 512, and the rest of the shoes in the top five are the 2012 Air Jordan 7 Retro “Olympic” ($ 449), the Air Jordan 7 Retro “Olympic 2012 in school size ($ 438) and Nike Hyperdunk” Olympic – Kobe Bryant “($ 425).

While StockX has plenty of data on Olympics-themed releases, these are the first games the platform will be active on alongside the games – and Einhorn’s trading expectations are high.

“Our platform launched in 2016, and while some of the sneakers from the 2016 Olympics are still among our bestsellers, we expect sales this year to far exceed what we did in 2016. This is truly the first Summer Olympics where StockX was a major player. market power, ”Einhorn said. “Great cultural moments can have a direct impact on consumer demand, leading to increased trade and price premiums. We’ve seen it with ESPN’s “The Last Dance,” we’ve seen it with celebrity products, and we expect to see it with the Olympics as well. “


LVMH’s big bet on Virgil Abloh

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Luxury conglomerates, including LVMH, have excelled at scaling heritage brands with significant marketing and global expansion, but have had a harder time building successful brands from scratch. Fenty, Rihanna’s fashion brand, backed by LVMH, was suspended indefinitely in February, while in 2005 LVMH divested Christian Lacroix, an Arnault brand founded in 1987. Now the company is betting that, with Abloh at orders, will take off thanks to its cultural relevance outside of luxury. The designer’s reach could extend beyond fashion into other categories of LVMH, including, potentially, hotels, champagnes, spirits, beauty, perfumes and jewelry.

Abloh has been widely hailed as leading the next generation of creative directors, and is a multi-trait talent, working as an artist, engineer and DJ in addition to fashion design. He pushed the boundaries of collaborations: Abloh, who has over 6 million followers on Instagram (over 10 million on the Off-White account), has partnered with brands from Evian to Ikea and Mercedes-Benz , representing the shift from luxury to cultural relevance. His close ties to hip-hop culture, including his stints with Kanye West, see Abloh personally referenced in hit songs by rappers like AJ Tracey and Dave, building his cachet with young buyers.

“This is an incredible new platform to take the disruption we’ve made together to a whole new level,” Abloh said. “I am also honored to use this partnership to deepen my long-standing commitment to expanding opportunities for diverse people and fostering greater equity and inclusion in the industries we serve. “

A modern-day Karl Lagerfeld

Given that LVMH has a wide reach in luxury hotels, champagne and fine wines, could a Hennessy collaboration be considered to sell cognac to a new client? This is not unlikely, analysts say, as its impact is likely to spill over into other areas of the business. Abloh has already designed a limited edition bottle for Moët & Chandon, while his protégé Samuel Ross has collaborated with the watch brand Hublot.

“Beyond fashion, LVMH could well turn to Abloh to breathe freshness into other assets, from hotels to perfumes and cosmetics to spirits,” said Erwan Rambourg, author of Future Luxury. “What Virgil Abloh infused into both [Off-White and Louis Vuitton] has a major halo effect. It’s about capturing the zeitgeist. [Abloh] is a modern day Karl Lagerfeld, with a similar Midas twist. That said, the scope of Abloh’s new role at LVMH is unclear and whether or not he will act as an advisor for new brands or be more active.

Style Defined, Celebrity Edition: The Kid Laroi

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Tie-Dye It like Kid Laroi

AskMen’s editorial team researches and thoroughly reviews the best amenities, services and basics for life. AskMen can be paid if you click a link in this article and purchase a product or service.


Photos of products from merchant sites.


In Style Defined, we offer a high-end look of a celebrity or influencer that you can recreate. We know not everyone has the same budget for work, so we’ll bring you affordable and luxurious versions to customize your look.

Just when you think tie-dyeing is taking a step back, we’re starting to see the trend everywhere, with 17-year-old Australian rapper The Kid Laroi spotted wearing a Celine tie-dye shirt, light blue jeans and a pair of Nike Dunks. Not only is the outfit visually appealing, but it’s as cool as hell. It aligns perfectly with the artist’s style as no one does it better than The Kid Laroi.

RELATED: Last Week: Style Defined, Celebrity Edition: Lil Uzi Vert

Although Laroi is still a relatively new and emerging artist, he has been rapping since the age of 13. He used music as a creative outlet to escape his family’s hardships. The artist rose to success after becoming a finalist in an Australian radio show competition. This achievement led him to sign with Grade A Productions. After signing a recording contract, Laroi quickly became close to the late rapper and teammate Juice WRLD, who would serve as his mentor. In December 2019, Laroi became an international star after releasing his single “Let Her Go”. Not only did this song boost his fan base, it gave him the impetus to move to the United States.

After moving to Los Angeles, Laroi found himself having to adjust his once acceptable style. In an interview with Spout Podcast, Laroi opened up about his previous fashion choices in Australia. “Before I came here and you know I had a lot of money and I started experimenting with a different type of thing, I wore a lot of tracksuits and Nike and stuff like that,” he said. declared. “This is what I was wearing. This is what a lot of people in my neighborhood wore. And I think that’s a big thing in Australia, the vibe of the tracksuit.

Since becoming a mainstream artist, Laroi has improved his style considerably. The rapper is a huge fan of denim, bold shirts, and we can’t forget the Nike sneakers. Laroi’s style is often laid back and laid back, but always makes a statement when needed. With the rapper’s musical career only just beginning, we can’t wait to see more of his evolving style.

If you’re looking to get your hands on this tie-dye look from The Kid Laroi, shop these stylish pieces:

Budget purchases

True Religion Tie-Dye T-Shirt

$ 83 at Farfetch.com

Old Navy Athletic Tapered Jeans

$ 39.99 at OldNavy.Gap.com

Nike Dunk Low Retro

Over $ 259 on Stockx.com

luxury follies

T-shirt, jeans and tie-dye shoes

Celine tie-dye jersey T-shirt

$ 590 at MrPorter.com

Rag & Bone slim fit jeans

$ 250 on Rag-Bone.com

Nike Dunk Low Retro

Over $ 259 on Stockx.com

Check back next week for inspiration from another celebrity. If you have any suggestions on celebrities you would like to see featured, drop us a DM on Instagram or Twitter.

You could also dig:


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Version Info

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Social Status and Nike are joining forces again.

This week, the boutique and sportswear giant unveiled a first glimpse of its next two Dunks. Called Dunks Social Status x Nike “Free Lunch” – the silhouettes are inspired by the importance of free summer meal programs that underserved families rely on.

To bring the sneakers to life, Social Status and Nike designed the shoes to look like milk cartons with playful pastel colourways. The shoes feature a sleek oilcloth and are finished with velvet accents and corduroy details.

Further flaunting the milk theme, one silhouette features chocolate and rust hues while the other shoe is covered in a pale pink hue with ivory trims – similar to a carton of strawberry milk.


Social Status x Nike Dunks “Free Lunch”.

CREDIT: Courtesy of Social Status

The silhouettes are expected to be released this fall on socialstatuspgh.com. The exact release date and size have yet to be revealed.

As buyers wait for the new debut, there’s another Nike Dunk on the way – and its drop this month.

Nike has also confirmed that the Nike Dunk Low “Light Soft Pink” will launch on July 31 with a price tag of $ 100. The next iteration of the low model features premium leather construction on the upper and sports a rose-based color scheme combined with light green stacked panels and purple-colored Swoosh branding on the sides.

The Nike Dunk debuted in 1985 and was originally designed as a performance basketball shoe, but over the years the shoes have become a popular lifestyle option among sneaker fans.

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Shaw’s takeaway: best of Nike’s EYBL, by position

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AUGUSTA NORTH, SC – There were hundreds of prospects in the gym at the Nike EYBL event, some of the best teams in the country. from Rivals.com Jamie shaw was in the stands for the showcase and these are the best players he’s seen at every position on the 17U Tour.

*****

RELATED: Jamie Shaw’s takeaway after a week at Nike’s EYBL

Rankings 2021: Rivals150 | Team | Position

Ranking 2022: Rivals150 | Team | Position

Ranking 2023: Top 30

*****

KEY POINT: Jaden Bradley

The point leader is a question of victory, and Bradley has led his team from Team CP3 (NC) to a 5-1 record in the games he has played. Of course, the numbers may not stand the eye test, as Bradley leads the EYBL in turnovers (4.3 per game) and has yet to make a three (0- 8), but you look at the assists at 6.6 per game and the points at 18.5 per game and it doesn’t matter how much volume he’s taken because there’s no doubt he’s improving this team. In the only game he didn’t play, his team suffered an 81-66 loss. it is the intangible in aesthetics. Alabama is heavily involved here, as are Arizona and Kentucky. The 2022 Rivals150 player 17 visited Michigan, Alabama, UNC and Arizona in June.

*****

WING: Shaedon Sharpe

There is a gentle nature in the game of Sharpe. He is able to score the ball at any point, from anywhere on the floor. Sharpe has good footwork and a sharp grip that really enhances his explosive athleticism. Sharpe is averaging 21.6 points, which is good for third place on the Tour, with 44.4% of three shots. Kentucky and Memphis have spent the week watching each of Sharpe’s games.

*****

WING: Brenden Hausen

Hausen finished the week fifth in league scoring with 20.4 points per game. The famous high school shooter from Amarillo, Texas shot 40.9% on three, while handing out a hair of less than three assists per game. His offensive arsenal was quite robust, as the 6-foot-4 shooting guard showed the ability to either shoot the movement or create the rebound for himself. He has excellent footwork, the ability to prepare for the attack, and he can take tough shots from anywhere on the ground. Hausen received an offer from Creighton after the end of the week. He made an official visit to Nevada in June as well as an unofficial visit to Texas Tech. Look for things to heat up here.

*****

BEFORE: Josiah Harris

The West Virginia engagement entered the event unclassified and really didn’t say much, and he averaged 16.3 points and 9.1 rebounds while shooting 54.8 percent on field. The Cleveland prospect Richmond Heights High is a long, hard-minded winger who seems to enjoy doing the tough stuff. Standing at 6-foot-7, Harris is able to switch between three and four points on the ground, while keeping both positions and making plays.

SHARE YOUR REVIEWS WITH WEST VIRGINIA FANS ON WVSPORTS.COM

*****

BEFORE: Kyle Filipowski

There had been a lot of buzz about Filipowski coming up in the week. In fact, I wrote that the current 2022 Rivals150 No.48 prospect has a chance to leap forward after his performance at EYBL. But I don’t know if I was expecting this performance from the 6-foot-11 forward with the NY Rens (NY). For starters, Filipowski is in the conversation for one of the best passer in his class. The excellent ground vision also makes him an unsuitable attacker. He brings the ball back and initiates the attack more than half the time. Filipowski shot over 45 ^ against three for the week and he’s averaging 13.3 points and 7.6 rebounds in just 20.9 minutes played in each game. duke coach Jon scheyer, Ohio State Coach Chris Holtmann, Iowa coach Fran mccaffery and coach of Syracuse Jim boeheim have each been seen at multiple games this week. Filipowski made official visits to Syracuse, Ohio, Indiana, Duke and Iowa in June, as well as an unofficial visit to UConn.

*****

PERSPECTIVE 2023: Gavin Griffiths

It’s not like the 6-foot-7 Griffiths entered this event as a stranger. The Expressions (Mass.) 16S wing placed 71st among the 2023 Rivals150 and carried Power Five offerings from Rutgers, Syracuse and Maryland. But Iowa and Dayton, who both volunteered after the event, saw what I saw at Griffiths, as he averaged 16.2 points, 7 rebounds, and 2.8 assists on 41.7. % of shots out of three. It may be better than we initially thought.


LeBron James Adds New Legacy to Iconic “Space Jam” Franchise

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Los Angeles Lakers superstar LeBron James never hesitated about the ghost of Michael Jordan who he hunts as he adds to one of Jordan’s most iconic aspects of his legacy by stepping into his Airness’s shoes as the frontman of “Space Jam: A New Legacy”.

Although the plot has some similarities, such as a high-stakes basketball game with the legendary Looney Tunes, LeBron adds a fun new chapter to the legacy of the original “Space Jam”, which inspired millions of people to watch. pick up a basketball, including some of the stars of today’s NBA.

As theaters reopen and fans return to stadiums, “Space Jam: A New Legacy” represents a metaphorical return to fun like a love letter to the movies and the NBA with countless references throughout. One of the main messages of the movie is that it’s important to know the basics of basketball, but basketball should also be played with fun and style to keep its childish essence alive.

The original Space Jam soundtrack was a huge success and this movie seems to replicate that with its own soundtrack featuring some of today’s biggest stars. With his own production company and having also curated the NBA 2K19 soundtrack, it’s no secret that James is a huge fan of music and movies, which are on display everywhere.

One can’t help but think of the original Space Jam while watching this movie, as the similarities and differences illuminate what it took for Jordan and James to reach their astronomical levels of greatness. Looney Tunes are the single most important factor in getting the message across to have fun, while the biggest difference between the two films is how “Space Jam: A New Legacy” focuses on conveying a message. powerful in family and self-acceptance, who is loyal to who LeBron is and what he preaches.

The original Space Jam begins with a scene of a young Jordan pulling baskets in 1973 with his father, 23 years earlier than in 1996 when the film was released. This movie starts off with an identical setup in that regard as we go back to 1998, 23 years before 2021 with a 12-year-old LeBron ready to go play basketball.

However, this is where the differences between Jordan and James begin to emerge, as the former’s father was instrumental in his legacy, while the latter made no secret that he was raised by a mother. single because his father was not there. It only inspired LeBron to be a better dad, hitting the theme of the importance of family even more.

Young LeBron’s mother prepares him for a basketball game in the 90s, “Ghetto superstarBefore shaking his hand as we learn where LeBron’s iconic handshakes have come from. He walks into the gym while his friends work out while he plays a Looney Tunes game on his Gameboy.

James’ trainer, likely based on the instrumental trainer who helped him raise him in real life, calls him out for focusing on video games instead of basketball before LeBron missed out. a winner. His trainer is putting major pressure on him that LeBron has lost his focus due to video games and it could affect his ability to become one of the greatest of all time as young LeBron throws his Gameboy away.

Chance the Rapper, John Legend and Symba’s song “See Me Fly” begins to play as we walk through a sequence of Lebron’s career highlights similar to the legendary opening of the first Space Jam with career highlights by Jordan on the theme song. We’re going through a journey of not just LeBron’s career, but basketball over the past 18 years in a streak that will bring a smile to any NBA fan.

The streak begins with James in high school before being drafted as we cycle through some of his iconic career moments like the buzzer-beater vs. Orlando in the playoffs, his dunk on Jason Terry, the classic chase block from the 2016 Finals and even his social justice efforts saying he won’t shut up and dribble. The montages are masterful because the ball lights up and shines with animations like a superhero in an Avengers movie.

Lakers fans can rejoice in the streak at the end as it shows Lebron joining the Lakers, has a photo of Kobe and LeBron at the Olympics, the team celebrating their championship in the Disney bubble and the titles even arrive in a photo. from his first dunk with the Lakers. From that moment on, the film begins to take on a more original tone.

LeBron’s oldest son in the film is obsessed with basketball (sounds familiar?) While his youngest son enjoys basketball, but built his own video game at age 12. James immediately tells his youngest son that basketball should be all about work and not playing as the setting for LeBron’s own growth and for him and his son to reconnect.

LeBron showed off his acting skills in “Trainwreck” in 2015, but he once again shows his acting skills throughout the film, easily transitioning from fun LeBron to serious LeBron. Don Cheadle has a phenomenal heel turn as the villain of the movie Al-G Rhythm.

Rhythm, a villain who goes from human to digital, takes LeBron and his son hostage in the Warner Brothers Serververse, separating LeBron from his son, letting LeBron know that he will have to beat him in a basketball game for save his son. Rhythm sends LeBron to Tune World as LeBron comes alive and hooks up with Bugs Bunny to bring Team Tune together.

Several cartoon references ensue, as it can be difficult to shake off the image of the cartoon LeBron in Harry Potter’s glasses and robes the next time he dominates the court. However, in this movie, James dominates the pitch with the new Tune Squad as Rhythm transforms the Tunes into 3D with animation that could rival Pixar.

In this high-stakes basketball, LeBron plays the real-life version of his son’s video game, “Dom Ball,” where you can get style points for ridiculous scores as his son leads the Goon Squad. The Goon Squad features overpowered versions of several NBA and WNBA stars with self-explanatory nicknames such as Klay Thompson playing Wet-Fire, Lakers superstar Anthony Davis playing the Brow (AKA the most flying guy on the team). ), Damian Lillard playing Chronos (a play on Dame Time), Diana Taruasi as White Mamba and Nneka Ogwumike as Arachnneka.

Rhythm tries to manipulate Dom so that LeBron doesn’t believe in him when James really doesn’t seem to understand him. Rhythm also uses Dom’s program to bring all of the Warner Brothers characters and LeBron’s family into the movie, with everyone remaining in the Serververse if the Tune Squad doesn’t win.

Some of these characters include the Joker, Batman, Scooby-Doo, Fred Flinstone, George Jetson, Voldemort, and Pennywise (who LeBron dressed up like for Halloween). They even bring in Ernie Johnson from TNT and Lil Rel to comment.

At one point, TNT’s theme song even plays with many other basketball references such as Lola Bunny, who epitomizes women’s empowerment and is the Tune Squad’s top ballerina with LeBron, shouting “Iverson” before. a smooth crossover and lob. to LeBron. Lola also prepares James for an alley-oop lob before he completes a massive dunk through the legs.

The original Space Jam became incredibly inspiring to people as Jordan and Bugs Bunny started the Tune Squad by transforming a water bottle into “Michael’s Secret Stuff”, using the placebo effect to make the tracks understand that they just needed to believe in themselves. This new Space Jam movie also has an iconic locker room scene as the Tunes are dropping with a hilarious reference to Michael Jordan.

It also really hammers out the fun message as LeBron realizes how tough he was on the air before encouraging them to have fun and be themselves, like he has to do with his son. The Tunes come out re-energized for the second half with LeBron making his video bombshell face puffy.

Hijinks ensue with falling pianos, falling safes and more comic book excess. If you want some fun look no further than a scene from the second half where Porky Pig transforms into a “Notorious PIG” rapper and decimates a rap battle with a few lines of fire as the Tunes earn style points. major on the dashboard.

In the second half, LeBron and his son begin to reunite as he finally understands his son, encouraging him to be himself. The speech he gives to his son includes lines that we can all learn from, but the fact that he says to his son “you teach me” is the ultimate sign of what the film is about as father and son. reconnecting.

The metaphors for how James had to change as a leader on the pitch and become a more beloved teammate who uplifts others by letting them be themselves are clear. If you want to know how the game ends, you will have to watch the movie.

If you’re looking for the greatest movie ever made, you might not find it here. If you’re expecting an incredibly fun time with Looney Tunes and a heartwarming message, you might be watching this version of Space Jam for a long time. Overall, “Space Jam: A New Legacy” is a victory for the legacy of the original, moviegoers, basketball fans, and LeBron James.

Space Jam is now in theaters and streaming on HBO Max.

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Personalized Ohio Graffiti by Gabby Teenage Sneakers Worn by Celebrities

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Between games with her traveling basketball team at a tournament in Tennessee last week, Gabrielle Anderson tried to keep running her business.

She had too many orders of her custom hand-painted sneakers to take a week-long hiatus from Graffiti by Gabby, the business 17-year-old Blacklick started last summer.

“She painted in the hotel room,” said her mother, Celia. “We had to say, ‘We would love to do the team movie, but she has to work tonight.'”

Despite being a highly competitive and successful athlete who committed to playing basketball at Harvard University in 2022, Gabrielle found herself in the spotlight on ESPN and the SEC Network – not at because of his skills in the field but because of his works of art.

A pair of shoes designed by Gabrielle Anderson for a member of the Texas A&M women's basketball team that represents the player's home country, Australia, and the plight of the indigenous peoples there.

Broadcasters noticed his kicking last year on former WNBA coach Nicki Collen, who wore a pair with a portrait of Breonna Taylor – a black woman killed by Louisville police – during an Atlanta game. Dream.

Gabrielle also designed custom shoes for WNBA and US team superstar Sue Bird; actor and comedian DL Hughley; the 26 members of the Texas A&M women’s basketball team; and University of Arkansas basketball star Moses Moody, the SEC freshman.

Blacklick teen balances art with athletics

Since last summer, she’s sold and painted over 200 pairs of sneakers, ranging from high-top Converse shoes to slip-on Vans to Caroline blue Air Jordans, many of which feature social justice themes. The price for customization starts at $ 200, but the cost varies widely depending on the art requested and the size of the shoe.

But Gabrielle said she doesn’t paint custom shoes for the attention or the money. Art was her passion long before she started playing basketball.

“I painted forever,” said Gabrielle, a rising high school student at IMG Academy, a boarding school for elite athletes in Bradenton, Florida. “I was just one of those kids who painted on the walls… I drew everything I saw. My mother bought me a lot of art supplies.

The Arkansas native, who moved to the Columbus area in 2017 with her mother and grandmother, said the art balances well with and relieves the stress of her athletic and academic endeavors.

Gabrielle Anderson enjoys painting on things that weren't necessarily meant to be canvas, like shoes and mirrors.  She is reflected in one of her works painted on mirrors in her Blacklick home studio.

Color among the inspiration for custom shoes

She has always been drawn to color in particular, she says.

“I see people as colorful and bright,” Gabrielle said. “When I look at someone, they ask me, ‘Why are you looking at me? And I’ll say, ‘Oh, I’m just looking at your colors, your undertones.’ ”

His affinity for color theory is evident in his shoe designs, which people can order through his Instagram page @graffitibygabby.

She said she started making shoe art after seeing someone cover a tennis shoe with newspaper on Instagram – where she finds a lot of inspiration – and she tried a similar activity. Then a friend asked her if she could paint on an old pair of shoes.

“I like to paint over things that aren’t necessarily made for painting,” Gabrielle said. “Mirrors and shoes are always cool. ”

She likes the idea that each pair is personalized so that no two projects are the same.

“Once she started painting on shoes, they became just another canvas for her,” said Celia Anderson, former University of Arkansas basketball player and director of business development for the Greater Columbus Sports Commission.

Demand for Gabrielle’s shoes snowballed after Collen, who is now a Baylor University women’s basketball coach, wore her shoes to the Atlanta Dream game last August.

A Graffiti creation by Gabby

Historical figures, social movements in the spotlight

When Cleevas Craig – whose daughter played on the same AAU team as Gabrielle – saw some of her designs on Facebook, he was stunned by the teenager’s talent and entrepreneurial spirit.

“I said to him, ‘How can you play basketball while traveling the world and accomplish that too?'”

But the Cincinnati resident also wondered how he could get his hands on a custom pair himself.

He said he gave her little guidance on what to wear on the pair of retro Nike Air Jordan sneakers he wanted her to customize. What she delivered was a design that included the broken chains of Black Lives Matter and the word “freedom” painted in bold type. Craig said he was blown away by the finished product.

“To this day, these shoes are in a trophy case,” Craig said. “I don’t touch them.”

Stephanie Brown can’t help but wear her Graffiti by Gabby shoes occasionally. The shoes, which feature portraits of former President Barack Obama and civil rights activist Malcolm X, as well as the Gateway Arch in St. Louis, always elicit oohs and ahs from onlookers, she said.

“People always say, ‘These shoes are just amazing,” said Brown, who works for the St. Louis Visitors and Conventions Commission.

Brown, who knows Celia Anderson through her work in the tourism industry, was thrilled not only to have trendy sneakers, but also to support a young black entrepreneur like Gabrielle.

“I want our babies to shine and know they are special beyond measure,” Brown said. “I want to support them and say, ‘Don’t let anyone steal your joy from you.'”

Gabrielle Anderson is working on a pair of shoes for a client that includes portraits of author and poet Maya Angelou and poet Amanda Gorman.  Michelle Obama and Kamala Harris were painted on the left shoe in the background.

She has already ordered a second pair. This one will feature four influential black women – former First Lady Michelle Obama, Vice President Kamala Harris, poet and author Maya Angelou and poet Amanda Gorman – in white Converse tops.

Gabrielle said she always enjoys painting people, especially those who are important in black history.

“I can make them as realistic or as unrealistic as I want,” she said.

While many of her works feature themes of social injustice or make political statements, Gabrielle has also painted famous athletes, cityscapes, and even cartoon characters on shoes.

What’s next for Gabrielle Anderson

While playing basketball at Harvard, Gabrielle said she also plans to study business there to develop Graffiti by Gabby or another business she is starting. She also hopes to do a minor in art to improve herself in her craft.

Her mother has helped her daughter a bit along the way so far – sending invoices, setting deadlines and running social media for the business – but she said none of that would be. possible without Gabrielle’s creative spirit and ingenuity.

“She wasn’t meant to make money with it,” said Celia Anderson, whose home is decorated with her daughter’s artwork. ” It’s his passion. It’s been quite lucrative for her, but she loves art.

[email protected]

@AllisonAWard



Devin Booker continues to show off his Mamba mentality

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Devin Booker continues to show off his Mamba mentality.

In the first two games of the NBA Finals, the Milwaukee Bucks’ defense was torn apart by the ball movement and outside shots from the Phoenix Suns. Chris Paul is excellent at exploiting lags, especially when Brook Lopez takes over for him and is at his mercy when he’s on the perimeter.

Outside of their Big 3 with Chris Paul, Devin Booker and Deandre Ayton, Suns general manager James Jones has assembled a versatile squad capable of hitting the outside shot and being interchangeable players in defense. Jae Crowder, Mikal Bridges, Cameron Johnson and Torrey Craig have proven to be capable 3 and D players who allow their stars to thrive and have the space to operate.

Sadly, injuries continue to be a scenario in this playoffs, with the Suns losing Dario Saric to a torn ACL in Game 1. This incredible Suns playoff series could have been derailed if Chris Paul’s shoulder contusion during the first against the serious Lakers.

More than Mr. Charles in charge

While the Suns have been fortunate enough to face teams without their stars, they have also faced their own adversity with Chris Paul missing the first two games of the Clippers series due to health and safety protocol. Booker broke his nose against the Clippers but missed a game and continues his stellar playoffs with fluid offensive play and fiery defense that saw the Suns secure two wins after their first NBA title. In Booker’s first playoff series, he proved the stage wasn’t too big for him to shine.

Booker showed his ability to seize the opportunity with incredible performances such as scoring 47 points to end the Lakers’ season in Closing Game 6, scoring 34 points to help the Suns sweep the Nuggets in Game 4 and post a triple of 40 points. -double to start the series against the Clippers in the absence of Chris Paul.

Booker’s first two games of the NBA Finals were also excellent with 27 and 31 points in two wins for the Suns. After averaging 10 points in Game 3, Booker rebounded tremendously in Game 4. His most recent effort, a 42-point offensive explosion in a close loss in Game 4, shows his winning mentality and prowess. offensive.

If Booker hadn’t made five fouls to start the fourth quarter, forcing him off the bench after absolutely torching the Bucks for 18 points in the third quarter, the result could easily have been in favor of the Suns, who have lost 109-103.

Booker still finished with 42 points after hitting a variety of midrange jumpers and Kobe-style fadeaways that proved a defense can’t do anything when he rolls it. Booker has now scored the most points in a player’s first playoff series in NBA history with 542 points in 20 games.

Booker’s quick release, poise, and spatial awareness allow him to pull off a variety of shots consistently. Booker continues to live up to the quote written on his shoes, “Be Legendary,” which was told to him by his mentor, the late great Kobe Bryant. Booker has that killer mentality and competitive nature that allows him to block out any distractions and focus only on putting the ball in the basket, much like Kobe did. Expect Booker to continue knocking down tough shots in the remaining matches and the rest of the squad to perform better in Game 5.

The biggest offseason signing turned out to be Chris Paul who led a young core of Devin Booker, Deandre Ayton and Mikal Bridges to the NBA Finals. The Suns were fortunate enough to face the Lakers without Anthony Davis for the last half of the series, the Nuggets without Jamal Murray and the Clippers without Kawhi Leonard. The Suns were able to take full advantage of these situations to emerge victorious.

The Suns are now tested against the Bucks in the most competitive finals since the Cavaliers vs. Warriors 2016. While LeBron James has generally dominated this time of the season reaching the NBA Finals in 10 of the past 15 seasons, it’s great to have new players on the bigger basketball scene. .

The story of a 36-year-old Chris Paul on the verge of winning his first championship after 16 NBA seasons is absolutely astonishing and intriguing. The series is now tied 2-2 with the fifth game scheduled for Saturday.


Area sneaker dealers have lined up for SNKRville Ohio in Hartville

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HARTVILLE – The term “sneakerhead” was adopted by Marvin Montgomery Jr.

He turned his love of shoes into a business. Montgomery opened Kicks N ‘Cuts in Cuyahoga Falls last year, offering haircuts and selling various brands of collectible sneakers as well as clothing and accessories.

For the most part, sneakers are worn for competition, exercise, comfort or style. For sneakerheads, shoes are stylish collectibles.

Fans are expected to descend on the Hartville MarketPlace on Saturday for SNKRville Ohio, an outdoor shoe-focused festival.

Sole Purpose co-owners in downtown Wooster, Dylan McCord (left) and Jaimen Hill, are among the vendors attending SNKRville Saturday to be held at Hartville MarketPlace.

Montgomery will be there with a variety of shoes and other products. Store owners from Wooster, Youngstown and other northeastern Ohio communities are expected to be among the more than 40 vendors lined up for the event, along with sneakerheads who sell online or at home. It is a chance to buy, sell and trade.

“It should draw a crowd,” Montgomery said of SNKRville Ohio.

SNKRville is an event planned for Saturdat at the Hartville Market in Lake Township.

SNKRville, the event for the first time hopes to grow

Hartville MarketPlace is hopeful that SNKRville can become an annual event, said Kirk Greaves, event coordinator for businesses.

“The sneaker market these days, especially among millennials, is crazy,” said Greaves.

The event will coincide with the weekly flea market on Saturday. SNKRville vendors will set up in a tent on the north side of the market square. Elec Simon will be the host and DJ KOB will select the music. Four food trucks are lined up for the event.

Marvin Montgomery, Jr. at his Kicks N 'Cuts store in Cuyahoga Falls on Thursday, July 15, 2021. Montgomery will be one of the vendors this weekend at Hartville MarketPlace for an event called SNKRville.

More than a hobby

While SNKRville Ohio will showcase a “sneaker culture,” it also serves as an incubator for small businesses and young entrepreneurs, said Jon Mencer, who helped organize the event with Seth Coblentz, managing director of Hartville MarketPlace.

The shoes come from big companies like Nike and Adidas and are often named after top athletes or popular musicians. Interest in the sneaker collection developed in the 1980s and dates back to the introduction of Air Jordan shoes linked to basketball star Michael Jordan.

Marvin Montgomery, Jr. poses with some of his shoes on at his Kicks N 'Cuts store in Cuyahoga Falls on Thursday, July 15, 2021. Montgomery will be one of the vendors this weekend at Hartville MarketPlace for an event called SNKRville.

Collectors follow the shoes as they are released. Some have started to speculate as investors, predicting that a shoe initially sold for $ 110 a pair will rise in value due to style, brand, designer or name.

Teens and young adults learn about the business by buying, selling and trading the different shoes, Mencer said. Some, like Montgomery, might start their own businesses and others will take what they have learned with them while pursuing other careers.

Evolved from similar events

Mencer got involved because her 16-year-old son Patrick is interested in sneakers. They attended Sneaker Con Cleveland in 2019 and were eagerly awaiting an event in 2020 but saw it canceled due to the coronavirus pandemic.

As the Mencers waited for details on Sneaker Con 2021, Jon Mencer spoke to Coblentz about interest in the sneakers. This led to the creation of this weekend’s event.

Mencer said SNRKville Ohio brings together several established sneaker vendors with locations in Northeast Ohio. There are also clothing designers with product lines aimed at sneaker enthusiasts.

An Amazon Prime film crew has expressed interest in covering the event, Mencer said. “We are trying to make this a great event to film,” he said.

SNKRville Ohio

WHAT: A one-day event with sneakers, clothes and accessories.

OR: Hartville MarketPlace, 1289 Edison St. NW, Lake Township

WHEN: 10 a.m. to 4 p.m. on Saturday

FEATURED

  • More than 40 sellers
  • Elec Simon as master of ceremonies, DJ KOB with music
  • Food includes Beach Bum Taco Truck, Blue Flamingo, Slim Chickens, Johnny Lote’s Latin Street Corn


Supplier of Nike and Adidas suspends production at Vietnamese factory due to COVID

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HANOI, July 14 (Reuters) – Taiwanese company Pou Chen Corp (9904.TW), which makes shoes for companies such as Nike (NKE.N) and Adidas (ADSGn.DE), has suspended operations at its factory of Ho Chi Minh City on Wednesday, as COVID-19 brakes hit factories in the country’s business center.

Vietnam’s health ministry said in a statement that production at Pou Chen’s Pouyuen Vietnam factory would be suspended for 10 days.

State media said 49 infections were detected at the Ho Chi Minh City plant, which is at the epicenter of the country’s worst coronavirus outbreak.

The company did not immediately respond to an email seeking comment.

Shares of Pou Chen, the world’s largest manufacturer of branded sports and leisure shoes, closed 1.3% on Wednesday.

After successfully containing the disease for much of the pandemic, Vietnam has faced a more stubborn epidemic since the end of April.

Record-breaking infections and strict travel restrictions have left factories operating below capacity in northern provinces where suppliers to Apple (AAPL.O), Samsung Electronics (005930.KS) and other global tech companies, sources said. Read more

Pouyuen Vietnam, the city’s largest employer with 56,000 workers, was unable to put its workers to sleep at the site as authorities demanded to keep the company open, the company said on Wednesday. Ministry of Health.

Last year, Pouyuen Vietnam was ordered to suspend production for two days after failing to comply with local social distancing rules.

Earlier this week, state media said authorities also ordered 29 companies in Tan Thuan Export Processing Zone, an industrial park, to suspend production due to the outbreak.

In nearby Saigon Hi-Tech Park, home to international companies, more than 700 infections have been detected in recent days and authorities have ordered companies to shut down units with infected workers, state media reported.

Despite the latest outbreak, Vietnam has recorded a far lower number of cases than many other countries with 36,605 total infections and 130 deaths.

Report by Sayantani Ghosh in Singapore; Editing by Ed Davies and David Clarke

Our Standards: Thomson Reuters Trust Principles.


Jayson Tatum reveals wise advice he received from Kobe Bryant

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Boston Celtics star Jayson Tatum is one of the few active NBA players to have learned a few tricks of the trade from Los Angeles Lakers legend Kobe Bryant. The Hall of Fame was a mentor to the rising star, and he hasn’t forgotten the sage advice he received from the five-time NBA champion.

Ahead of the Tokyo Olympics, Tatum opened up about wearing Bryant’s No.10 jersey for the U.S. team and one thing in particular that stays fresh on his mind after speaking with the former Lakers superstar, via Sports. Illustrated:

“I remember a conversation, maybe it was after a game, and he was saying a lot of people won’t understand what you’re doing,” Tatum said. He said, ‘What I mean by that is that those who really want to be big and really special really take that mentality all it takes. “He told me that it takes sacrifices because the ultimate question is how far are you willing to give up to be great.

Kyrie Irving, Devin Booker and Tatum are three of today’s best players who idolized Bryant and had a personal relationship with the late, iconic NBA greats. As Tatum prepares to honor Bryant with the No.10 jersey as a member of the United States squad, Booker attempts to win his first title with the Phoenix Suns while sporting the words “Be Legendary” on his shoes. , which Bryant told him to use as a sort of mantra throughout his career.

Bryant’s fingerprints are still all over the NBA and will be for generations to come. He has inspired countless players, and his legacy will live on as they continue to use his guidance as a driving force and motivation to be the best players possible.

LeBron and Anthony Davis will not play for the US team

Laker superstars LeBron James and Anthony Davis have chosen not to join other NBA stars on the U.S. team at the Tokyo Olympics.

This isn’t too surprising, with both players battling injuries throughout the 2020-21 campaign. James and Davis taking time off and having an offseason is a wise move in order to be 100% ready for the start of the 2021-22 NBA season in October.


PJ Tucker makes 50,000 debut in Game 2 against Suns

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If there’s anyone who knows how to flex, it’s PJ Tucker. The Milwaukee Bucks forward, who has made a name for himself as the league’s “form king” with his massive shoe collection, released some rare Nike before Game 2 against the Phoenix Suns. And when we say rare, we mean rare.

Tucker casually stood up carrying an ultra-rare Nike Air Mags to his feet while gripping an equally elusive Olive Kobe 4 UNDFTD kick. Wow (via The Undefeated).

Here’s how to make a splash for an NBA Finals game. Basically, the Nike Air Mags cost around $ 50,000 while the Kobe 4 he owns cost around $ 10,000, according to Ruben Palacios of CBS Sports. Not too bad, Mr. Tucker.

Obviously, all eyes were on Tucker’s feet, as these Nike Air Mags are as rare as sneakers. These ‘Back To The Future’ inspired kicks had two releases, one in 2011 and one in 2016 and with only 1,599 pairs ever released. Marty McFly would be proud.

But, as mentioned above, the other pair the Bucks forward was holding had heat as well. These Olive Kobe 4s, which Tucker donned for Game 2, will make any sneakerhead (and Kobe fan) drool.

Check Out PJ’s Field Flex Here (via Meeting room):

Hopefully for Bucks fans, Tucker can channel all that heat as Milwaukee tries to grab one and steal Game 2 down the road. It’ll be another battle, but rest assured that Tucker, as always, will be dressed for the role.

Bucks, Suns, Giannis Antetokounmp, Kareem Abdul-Jabbar



Nike app arrives in India as sneaker giant takes Southeast Asia seriously

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Nike today launched its app on the Google Play Store and the Apple App Store in many other countries, including India. The app brings Nike’s range of sports and fashion clothing directly to users’ phones. The Nike app will now be available for free download in Singapore, Thailand, Philippines, Malaysia, India, Taiwan and Vietnam.

Benefits

The Nike app offers a number of benefits to members, including:

Exclusive access: Members will have the ability to get the latest products available, ahead of time and exclusively in the app, including weekly products every Friday with key styles such as Air Jordan 1, Air Force 1, and Air Max. To kick off the launch, members can preview Space Jam products, exclusively on the Nike App.

Member Rewards: Members will unlock exciting rewards with their personalized “Member Wallet” where they can find exclusive promotions, access events and more. Starting July 12, members can complete weekly challenges on the NRC or NTC apps to access the Champions Locker on the Nike app – an exclusive unlock with members-only access to the products and content in the app.

Inspirational content: Members will have access to stories, tips and other inspiring content available only in the app.

“One of the main goals of developing the Nike app for SEA & I was to ensure that content, experiences, services and product offerings are personalized based on what we know as Nike members of SEA & I expect the most from us, ”Xia Ding, vice president of APLA Nike Direct said digital commerce. “Over time, this focus becomes even more precise as we learn about member behavior and engagement, so we’re able to personalize the Nike App experience even more,” Ding adds.

Introductory offer

Users who install the Nike app before July 22 will also get a 10% discount that can be used on the next purchase through the app.

Nike responds to Sha’Carri Richardson’s drug test and month-long ban – Footwear News

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Sha’Carri Richardson has accepted a one-month suspension after testing positive for marijuana, USADA announced today. Since the announcement, the fan favorite athlete has apologized.

“As much as I am disappointed, I know that when I walk this track, I just don’t represent myself. I represent a community that has shown me great support, great love, ”Richardson said in an interview on NBC’s “Today” Show this morning.

She continued, “I apologize for the fact that I was unable to control my emotions or manage my emotions during this time.”

Richardson, 21, admitted to using marijuana after discovering his birth mother had died from a reporter before competing in the Olympic trials.

According to USADA, Sha’Carri Richardson tested positive for THC, the main psychoactive constituent of marijuana, which is prohibited in competition, in a sample that was collected in competition during the US Olympic Team Trials on June 19.

Nike, the brand that sponsors Richardson, responded to FN’s email request for comment. “We appreciate Sha’Carri’s honesty and responsibility and will continue to support her during this time,” the company said in a statement.

USA Track & Field also today shared a statement in support of the athlete. “Sha’Carri Richardson’s situation is incredibly unhappy and devastating for everyone involved. The health and well-being of the athletes continues to be one of USATF’s most critical priorities and we will work with Sha’Carri to ensure she has sufficient resources to overcome any health issues. mental current and future, ”the statement said.

On June 19, Richardson punched his ticket to the Tokyo Olympics with a dominant victory at the US Olympic Track and Field Trials in Oregon. The athlete clocked 10.86 seconds in the 100 meters, earning a spot on his first-ever Olympic team.

USADA revealed in the statement that Richardson’s June 19 results, which include his Olympic qualifying results, have been disqualified.

During his appearance “Today”Richardson also raised the possibility of still being able to compete in the Olympics, running in the 4 × 100-meter relay set to take place on August 6, if he is selected to compete.

“Right now I’m just putting all of my energy into dealing with what I need to do to heal myself. If I’m allowed to receive this blessing, then I’m grateful for it, but if not, for now, I’ll just focus on myself, ”she said.



Space Jam-themed LeBron 18 Low will be available in the Nike SNKRS app

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“Space Jam: A New Legacy” is slated for release in about two weeks, and there will be new clothes up for grabs involving LeBron James’ shoes.

Along with the film, Nike is releasing several new LeBron 18 Lows designs that encapsulate the themes of iconic Looney Tunes characters.

Among the designs is a “Road Runner vs. Wile E. Coyote” creation, which extracts each character’s traits and merges them onto a single shoe.

Xbox, Nike and Warner Bros. team up to offer an exclusive pack featuring this shoe design and an exclusive Xbox controller available through the Nike SNKRS app. This will be the first time that a controller has come across the app.

The controller is part of the new “Space Jam: A New Legacy – The Game” which is only available on Xbox. There will be three additional exclusive controllers called Tune Squad, Goon Squad, and Serververse.

This new design pictured above is another integration of Road Runner vs. Wile E. Coyote. Road Runner’s dust clouds are visible throughout the design, including “ACME” on the D-pad.

The pack will be available on the SNKRS app in North America on July 15 at 7:00 a.m. PT / 10:00 a.m.ET while supplies last. It will cost US $ 220.

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The PUMA RS-Dreamer just released in new Fire colourways

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As the NBA Playoffs come to a close, the desire to step onto the court and test your jumper has never been more real. That said, it only takes a few air balls before your pickup game loses much of its original excitement. It’s time to optimize your game. A quick way to make the most of limited hardwood time is to invest in the right pair of basketball shoes. We’ve explored every facet of this world, from affordable basketball shoes to the best basketball shoes of the NBA season, and one pair stands out: the PUMA RS-Dreamer.

J. Cole’s signature PUMA shoe is, perhaps surprisingly, one of the top-rated basketball shoes around and, priced at just $ 125, it’s a must-have. RS foam cushioning in the ProFoam majority midsole ensures a light ride with crucial support where it counts. A fully sticky rubber outsole features traction points designed for optimal grip while a knit upper and dynamic lacing system keep you in place without any extra weight.

Technical references aside, the PUMA RS-Dreamer is available in a plethora of eye-catching colourways. The original colourways look like multi-hued hits against a white or black background, but the new arrivals substitute for a bold neon knit upper. The RS-Dreamer neon has already dropped in an orange colourway, but we’ve got our eyes on the new blue iteration.

Shop the new colourways of the PUMA RS-Dreamer below.

RS-dreamer

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Mariners’ Santiago suspended 10 games for foreign substance

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NEW YORK (AP) – Seattle Mariners pitcher Héctor Santiago has become the first disciplined player in Major League Baseball’s crackdown on foreign grip-enhancing substances.

Santiago was sentenced to a 10-game suspension and an undisclosed fine.

MLB’s senior vice president for field operations announced the penalty two days after Santiago was sent off from a game against the Chicago White Sox.

Santiago said the sticky substance found by the referees was a combination of rosin and sweat. He has appealed and the suspension will be postponed until the appeal is decided.

33-year-old left-hander, Santiago is in his 10th major league season, his first with the Mariners.

LOOK: 50 images of winning moments in the history of sport

Sometimes pictures are the best way to honor the numbers we have lost. When tragedy quickly reminds us that sport is far from the most important thing in life, we can always look back on the winning moment of an athlete who seemed larger than life to us, remaining grateful for their sacrifice. on the ground and bringing joy to millions of people.

Read on to explore the full collection of 50 images compiled by Stacker, showcasing various iconic moments in sports history. Covering the accomplishments of a multitude of sports, these images depict stunning personal achievements, team championships and athletic perseverance.


Shop the Marni spray painted mohair cardigans here

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Labels can’t go any further until they find their USP; a signature in a way that sets their offer apart from others. Take Virgil Abloh, who cracked the code for viral popularity – he gets a new signature every season, and some of his products carry multiple versions of it. Less obvious, but just as effective, Marni mohair.

Each season, the Italian luxury brand returns with a renewed selection of mohair cardigans. These bold, often patterned pieces are eye-catching to the max, but backed by the high craftsmanship and premium materials we’ve come to expect from Marni. In that sense, they act like a quick distillation of Marni as a whole: playful when it can be, but serious about the important things.

FW21 saw a new shipment of Marni mohair sweaters and they could be the best yet. Instead of multi-colored threads, Marni opts instead for a top coat of paint. That’s right, spray painted mohair is one thing. The woven trellises provide a subtle texture that forms the canvas of the spray painted sections and the contrast is perfect. Soft, pastel mohair cardigans get a makeover.

Shop the new season Marni mohair cardigans below.

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Have sneakers got too weird?

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Long ago days of 2017, ugly sneakers made their way to the top of the fashion world. Parisian brand Balenciaga catalyzed this dubious trend of booming, bulbous sneakers with its gigundo Triple S model. The spooky shoes, which sold for $ 850 and sold immediately after launch, sat on a three-tiered sole and appeared to be have already walked 100 miles with them before reaching the store shelves.

None of the shoes that followed reached the pinnacle of usability set by the Triple S. But the lesson from Balenciaga’s surprising sneaker – that extreme designs can sell extremely well – still resonates today.

At Saks Fifth Avenue, men’s sneakers, including some drastically dramatic examples, have been one of the fastest growing categories in recent years. “We see extreme colors selling just as well as clean white or black sneakers,” said Saks senior vice president Louis DiGiacomo, who called Christian Louboutin’s $ 3,195 Liberace-esque high top shoes style. particularly desirable.

As we move into summer, a new wave of footwear curiosities is upon us. Italian label Sunnei sells the 1000 Chiodi (Italian for 1000 nails) sneaker, a bumpy shoe in technical fabric that looks like it caught a bad case of measles; Nike has its Space Hippie sneakers, which sit on massive foam rubber soles; and Gucci just released the Basket, a 1980s basketball shoe in a bold Buzz Lightyear color scheme.

Jonah Weiner, the co-creator of the popular men’s fashion newsletter Blackbird Spyplane, compared this extravagant sneaker craze to the ‘funky’ tie wave of the ’80s, when wise businessmen indulged in garish ties. In today’s more casual moment, baffling sneakers play a similar role. “This is the place where the wackiest and craziest designs can be smuggled in, and where a customer who doesn’t consider themselves particularly adventurous when it comes to fashion could afford to go a little crazier. “


Nike jumps on solid profits… Too late to buy?

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June 30, 2021

4 minutes to read

This story originally appeared on MarketBeat

Nike (NYSE: NKE) looked serious on Friday. With an exceptional quarterly performance, the stock rose 15.5% to reach a new record in more than six times the average volume.

The big jump propelled Nike into the back of the Dow-30 pack in 2021 and helped the index achieve a return of 13.5% year-to-date. It was a categorical reminder that investors should never exclude the sneaker and clothing giant from the race.

By investing, it’s a marathon rather than a sprint. So, despite the recent rally, Nike could have a lot more in the tank. If history repeats itself, the stock might simply heat up for another long run.

What did Nike report for the fourth quarter of fiscal 2021?

Say Nike’s fourth quarter results were sky-high can even be an understatement. Earnings per share were $ 0.93 versus consensus expectations of $ 0.51. The company also broke revenue by a mile which nearly doubled to $ 12.3 billion.

The most exciting aspect of the revenue performance is that direct sales increased 73% and accounted for over a third of overall sales. It has shown that Nike’s investments in its retail and direct-to-consumer (DTC) digital channels are paying off.

Another highlight was the rebound in growth in all major geographies. Sales in the all-important Chinese market jumped 17% and North America continued to post a strong recovery.

Better yet, Nike’s gross margin increased 850 basis points to 45.8% thanks to the strong increase in high-margin digital sales and lower inventory reserves. You just couldn’t have dreamed of a better performance to end the year.

Nike didn’t stop there. Management continued to impress the market with an optimistic outlook for fiscal 2022. It said it expects annual revenue of $ 50 billion from the strength of its digital platform. booming.

What are Nike’s growth drivers?

At its core, Nike will continue to derive its growth from its incredibly powerful brand name. The globally recognized swoosh logo is a money making machine that keeps launching new products. Consumers are not shy about paying extra for Nike clothing and footwear, so the company is able to raise prices almost at will.

As we learned in fiscal 2021, Nike’s primary growth driver is its DTC channel. The pandemic has accelerated our affinity for online shopping, and Nike’s website is seeing a ton of traffic. Continued investments in technology and personalization as well as in company-owned stores should help Nike build even stronger ties with its consumer base.

The days when Nike relied on its huge shopping mall retail network are drawing to a close. Soon it will become a first digital company. This is where consumers are heading and Nike is right by their side. By 2025, Nike Direct activity is expected to represent 60% of global sales.

Beyond the DTC channel, Nike will continue to assert its market leadership to find growth in rapidly growing developing countries in Asia, Europe, Latin America, the Middle East and Africa. China will be the key market one to watch as it represents around 20% of overall revenue and is Nike’s fastest growing business.

Is Nike Stock Still a Buy?

The pullback is surely 20-20 on this one, but you can still imagine a higher Nike trend. The last time daily volume broke the 40 million mark (June 2017), the stock widened and climbed another 22% over the next 12 months. It then rose again in June 2019 en route to another post-benefit run. So if you think history has a way of repeating itself, the June 2021 gap bodes well.

In terms of valuation, Nike is reasonably valued. He is targeting 37 times future profits, which is well above the peer group average. However, the title certainly deserves a premium multiple because of its growth profile. It fits the mold of a fairly well-regarded, blue-chip growth company.

In the wake of Nike’s quarterly report and outlook, sell-side analysts were quick to increase their target prices and the vast majority maintained “buy” ratings. A few of the targets are in the $ 200 and up range, while others suggest a more modest hike.

A strong possibility in the coming months is that Nike will enact another two-for-one stock split. It has done this six times dating back to October 1990. The most recent was December 2015, and with Nike’s stock price on a similar trajectory since then, a split is overdue. This means that investors who prefer to overcome the psychological hurdle of a low-priced stock might have the chance to buy at an adjusted price of $ 70 to $ 80 per share.

Whether you buy now or are waiting for a potential split, jumping to current levels is a winning trade if you are a long-term investor. Few companies are as fit as Nike. Expect more championship-caliber returns to come.

Featured article: What does an outperformance rating mean?

Enter rapper G-Eazy’s home in Los Angeles

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The coronavirus pandemic may have killed the work-life balance for many of us, but it hasn’t for G-Eazy. After paying $ 1.75 million for a property in the Hollywood Hills in 2017, the rapper and record producer set out to create a house that not only offers respite from the rigors of touring and performing, but also serves of discreet refuge in which to work and collaborate with other artists.

“Music is my passion and it’s a big part of my life,” explains the 32-year-old musician. “I am eternally connected to my work, so it made perfect sense to create a place where life and work intersect. This philosophy is on display throughout the 3,642 square foot primary residence. Under vaulted ceilings, original artwork and bespoke furnishings compete for space with musical instruments and equipment from G-Eazy.

That same balance is seen once again inside a stand-alone two-story guesthouse on the property. The rapper had it renovated to include a professional-grade recording studio on the ground floor and a dark-hued, dimly-lit living room that includes a blackened oak and smoked glass bar cart. The walls of the living room are covered with his numerous certified gold and platinum records, and a Kobe Bryant jersey can also be seen.

The once white kitchen cabinets were painted in Farrow & Ball Studio Green. The hardware and faucets have an unpainted brass finish, while the backsplash is made of Moroccan white glazed terracotta tiles. The counter is in Carrara marble.

“He wanted a place that was comfortable and welcoming, but also allowed to create his art,” says Melody Jimenez, MA Creative’s interior designer who led the Spanish colony’s interior design project from 1979. “He It was important for him to create a relaxed atmosphere throughout the house, and that extended to the guesthouse, ”notes the LA-based decorator.

All of this doesn’t mean the house is lacking in design indulgence, however. The main example is the main closet in G, a room that was once one of the four bedrooms in the house. Notably, the rapper converted it into a walk-in closet large enough to house a growing collection of sneakers which he says currently number “north of 500 pairs.” Today, the room features a closet island in its center and museum-quality lighting to show off some of her favorite shoes. This collection, which is enclosed in a floating glass display stand, includes vintage shoes from Nike, Puma, Adidas and Stüssy, among many others. “I love all the culture around sneakers,” G says, “so I really wanted you to feel like you’re walking through a museum.”

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Elsewhere, the home’s living room is anchored by a gray sectional sofa and bespoke chairs. Throughout the interior, walnut and brass sconces, along with a large work of art commissioned by Toronto artist Fucci, add warmth. There is also a rectangular floating bamboo coffee table and dark gray fluted side tables. The hand-knotted vintage rug is from Bakhtiari.

In the kitchen, where the original white cabinetry has been painted dark green, a Moroccan white glazed terracotta backsplash shines brightly. Solid American walnut counter stools surround the Carrara marble countertops. Cabinet hardware and faucet all have an unpainted brass finish.

“Taste is a very nuanced thing,” says G. “I’m someone who cares about aesthetics, but I also want an energy and a vibe in a house to shine through in interior design. “

A powder room was meant to look like something out of a bar or nightclub, says interior designer Melody Jimenez. Waterworks cabinet hardware and faucet are unpainted brass. The Florence wallpaper is by Schumacher and the wall sconces are from The Urban Electric Co. The scalloped vanity was custom made and the mirror is antique Italian brass from the 1960s.


Front-end Ecommerce Page Builder Shogun Raises $ 67.5 Million As Retailers Seek Market Alternatives – TechCrunch

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E-commerce markets continue to play a major role in the way consumers buy goods online and how retailers present and sell goods to these consumers, representing globally 47% of all e-commerce sales. But today, one of the startups that has developed technology to help retailers build and manage more direct relationships – through their own zippy websites – is announcing a big round of growth funding, signs that the market model is not for everyone, and those who cater to these retailers find ground.

Shogun – a platform to help e-commerce businesses of all sizes built on platforms like Shopify, Magento, and BigCommerce easily design and manage their own responsive storefronts – has raised $ 67.5 million. This Series C values ​​Shogun at $ 575 million, a “nice markup” over its previous valuation, Finbarr Taylor, the company’s co-founder and CEO, said in an interview.

He added that the capital will be used both to continue to develop its two main products – Page generator, a drag-and-drop page builder for Shopify merchants; and Frontend Shogun, an end-to-end headless commerce solution, as well as business development and the creation of new technologies, especially in areas such as first party data and personalization.

“We want to help businesses create a destination where they can control the experience,” he said, comparing it to the physical world and the difference between Nike shoes sold in the brand’s own store and at a large retailer like Walmart. “In a Nike store, you can design an experience. At Walmart, you can’t.

Led by Insight Partners – a new investor in the startup – it also included Initialized Capital, Accel, and VMG Partners. Accel led Shogun’s previous round – a $ 35 million Series B – announced less than a year ago, in October 2020. The startup has now raised $ 114.5 million.

The rise in valuation and the rapid succession of its fundraisers are two signs of Shogun’s performance over the past eight months – a period where e-commerce has continued to perform well in the wake of the Covid-19 pandemic . Another is the real growth of the business based on the idea of ​​turning front-end tools that were previously prohibitive into something affordable even for the smallest trader.

One of Shogun’s selling points so far has been that the pages and sites built on its platform run fast: a very important detail in the world of e-commerce where shopping cart abandonment of buying is commonplace and often depends on people’s wait times. for something to load.

Page Builder – the drag-and-drop mainstream site builder for those who build sites on top of Shopify – is now used by around 20,000 businesses, Taylor said, ranging from small startups to Fortune 500 companies, with clients. including brands like K-Swiss, Leesa, Rumpl, BeardBrand, MVMT and Fila. He said traders collectively see GMV (gross value of merchandise or total amount sold) in the “billions of dollars” through their sites.

(For a point of reference, Shogun told me he had 15,000 customers in October; the growth of 5,000 over the past eight months is the same growth as last year.)

Shogun’s new product, Frontend, designed for mid-market to business customers and positioned as a ‘headless’ solution aimed more at web designers and others creating more personalized experiences, now has hundreds of customers and increased by. “Apple’s site is beautiful, but it cost millions to make,” Taylor said. “We want everyone to be able to create these great e-commerce experiences. Frontend has grown tenfold in the past year, Taylor said.

GMV across Shogun’s business has increased 255% over the past two years.

The rise of services like Shogun’s underscores a shift we’ve seen among e-commerce businesses looking for more autonomy and control in how they interact with customers. Sites like Amazon have long been seen as a way to tap into a large population of buyers, as well as a strong fulfillment and shipping infrastructure to store, package, distribute, and deliver products.

There has even been a surge in roll-up games like Thrasio to help consolidate merchants on these platforms to take advantage of even better economies of scale on details like marketing, analytics. customers and manufacturing, which markets like Amazon do not (yet?) handle.

But none of this replaces the ability to define your own destiny.

Now, the rise of services like Shopify, BigCommerce, and Spryker (also supported by Insight Partners) to help manage the backend; Stripe, PayPal and others to manage payments; and others like ShipBob to handle logistics, have made it less and less difficult to create and manage your own online experience. It becomes a higher priority as your business grows, but even for small merchants the idea of ​​controlling your own customer experience is compelling.

Services like Shogun (and others like this are part of this latest trend, like Squarespace or Wix but also others like Duda), which give merchants the tools to create their own e-commerce experiences as they wish. they look like, are the front-ends for this strategy. Opting for the ‘headless’ trade approach is apparently a upward trend.

And that individualism is also where Shogun plans to double down and create more tools for his users, Taylor said.

“It’s all about direct customer relationships,” he said, pointing out that new changes in privacy regulations and the disappearance of cookies mean that retailers can no longer rely on third-party platforms as they do. were doing before. “It is first party relationships. The future is much more personalized online shopping.

This vision is also what interests investors.

“Our investment in Shogun underscores the market’s desire to see headless commerce focused on merchants,” Matt Gatto, managing director of Insight Ventures, said in a statement. “More and more brands want to be able to build progressive headless web applications in a low-code environment. Those at the forefront of e-commerce want to empower web teams to create truly unique and memorable shopping experiences. Shogun is well positioned to make flexible interfaces accessible to brands in a whole new way, and we are delighted to be a partner in this adventure.

Forget AMC: Here are 2 best post-pandemic headlines

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AMC Entertainment Holdings (NYSE: AMC) closed its theaters during the pandemic and lost billions. But that hasn’t stopped it from becoming one of the best performing stocks of the year to date. A group of investors on Reddit flocked to the stocks, helping them rise by more than 2,000%. At the same time, AMC issued more shares to raise much-needed funds.

But the situation remains grim. Investors are not happy with the dilution of stocks. AMC’s debt stands at more than $ 5 billion, its highest level on record. The company reported a loss of $ 4.5 billion last year. For the future, a post-pandemic world should help AMC.

But the fortunes of the company will not improve overnight. AMC faces the challenge of bringing moviegoers back to theaters and paying hundreds of millions in deferred rents. Stocks seem extremely expensive given all of this. That’s why I would forget about AMC and go for the following two companies instead. They will allow you to grow taller and will not prevent you from sleeping at night.

Image source: Getty Images.

Nike

Nike (NYSE: NKE) stocks climbed 14% in a trading session last week after reporting double-digit earnings gains for the quarter and year and predicting “significant” opportunities ahead. The pandemic has taken its toll on the sportswear maker in two ways: it has temporarily closed stores and it has put an end to professional sporting events.

Nonetheless, Nike’s growing digital activity, connection with fans, and the strength of its brand have boosted revenue and profits during tough times. In 2017, Nike decided to focus on its digital platform and direct-to-consumer sales. Thus, the main elements of success were already in place by the time the pandemic emerged. As a result, Nike announced a 19% increase in revenue to over $ 44 billion for the 2021 fiscal year ended May 31. And earnings per share climbed 123% to $ 3.56.

But here’s the best news: it’s just the start. Nike won’t face the headwinds of closed stores and canceled sporting events in a post-pandemic world. And the company will also see growth thanks to the connections it has made with fans. For example, during the Crisis, he encouraged fans to use his training apps for training and advice – and that often resulted in sales.

“Today, we are better positioned to generate long-term sustainable growth than before the pandemic,” said CEO John J. Donahoe during the call for results. Nike forecasts high single-digit to low double-digit revenue growth through fiscal 2025.

Nike has a solid long-term track record. The company has generally increased its profits and revenues over time.

Graph showing the increasing trends in net profit and annual sales of Nike.

NKE net income (annual) given by YCharts

And the latest earnings report and management commentary indicate this is likely to continue.

Abbott Laboratories

Abbott Laboratories(NYSE: ABT) the strength of coronavirus testing has made it a stock to watch – and buy – during the worst of the pandemic. The stock jumped 26% last year as Abbott sold billions of dollars worth of COVID-19 tests. At the same time, some of Abbott’s other businesses – particularly medical devices – suffered. That’s because hospitals have postponed non-essential surgeries in order to focus on coronavirus patients.

The problem for Abbott investors now is that demand for COVID testing is declining. In fact, Abbott even lowered its earnings per share forecast to a range of $ 4.30 to $ 4.50 from earlier expectations of $ 5. This is adjusted diluted EPS from continuing operations.

We have a different scenario: a slowdown in COVID testing, but a recovery and growth in other areas. And this scenario is a great reason to buy Abbott stock. Here’s why: Medical devices typically represent the largest portion of Abbott’s annual revenue. In 2019, this activity represented 38% of total turnover. Thus, a return to normal in sales of medical devices is excellent news.

Other segments of society – nutrition, diagnostics and established pharmaceuticals – are also expected to experience positive trends in a post-pandemic world. For example, at times during the pandemic, some labs downsized their operations and did not perform non-essential testing. These areas have already started to rebound.

Another good sign: Abbott’s revised forecast still represents solid year-over-year growth. Adjusted diluted earnings per share from continuing operations in 2020 was $ 3.65. Abbott could post at least 18% profit growth this year from 2020 if it hits the lower end of its forecast range.

Abbott is trading at around 36 times earnings over 12 months.

Abbott PE Ratio Graph showing a downward trend.

PE ABT ratio given by YCharts. PE = price / profit.

That’s near its lowest by this measurement in just over a year. And this represents an opportunity to get into that stock that you will want to hold for the long term.

This article represents the opinion of the author, who may disagree with the “official” recommendation position of a premium Motley Fool consulting service. We are motley! Challenging an investment thesis – even one of our own – helps us all to think critically about investing and make decisions that help us become smarter, happier, and richer.

Marc Jacobs returns to the catwalks with his first collection in 16 months

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Marc Jacobs reinvigorated the New York fashion industry with his return to the catwalk, the old-fashioned way. Showing off his fall 2021 collection Tuesday night, well outside of any American Fashion Week schedule, Jacobs returned on his own terms, on his own time, to the New York Public Library building on Fifth Avenue.

The show was poignant because Jacobs hasn’t held a parade for a year and a half. Unlike other fashion houses, Jacobs hasn’t embraced the digital replacement of Fashion Week, posting content after content to collect “likes” and stay relevant. Instead, the brand took the time to reflect and put itself back together, while behind the scenes we learned about the ups, downs and wisdoms of its iconic founder on Instagram, as he embarked on a new trajectory both personally and professionally.

If we needed a refresher, Jacobs repeated it in his show notes: “Our decision to take a break allowed us to slow down, think, ruminate, reassess, cry and take a full inventory. what works, what doesn’t, what we love, what we are willing to give up and what has value, importance and meaning.

The collection will be exclusively available at Bergdorf Goodman

Rather than adopting a see-now-buy-now business model to accommodate a new exhibition niche, Jacobs has strategically adjusted lower prices to some of its lines and will sell the runway collection exclusively in the department store. Bergdorf Goodman of Manhattan. It’s a smart move because wholesaling during the pandemic, without the street shoppers and the time to release collections on a sales schedule, would have lost some of the presentation magic in the moment.

On a scorching night in New York City, Jacobs showed off a collection that reflected all the emotional effects of Covid-19: the cocooning of oversized hoodies and padded tracksuits; the elongated silhouette of wide pants, high collars and puffed sleeves; chunky wedge heels, utility knits (floor length) and overall increased volumes to comfort the wearer. Even the cutaway suits suggested more skin tightening than showing flesh.

Jacobs typically closes Fashion Week in New York City, but this show rather marked the start of something, especially in America where Fashion Week lacked relevance and inspiration. Jacobs has always operated on his own terms, but it may have taken a pandemic to return to his.

Search continues for driver who struck teenage Johnston County mother with SUV and never stopped

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CLAYTON, NC (WNCN) – Family and friends of Tebria Frazier want answers after the 18-year-old died on Monday. Investigators said she was on the hood of a white SUV when she fell and was likely run over. Frazier, who graduated from Clayton High in December, had an 8-month-old daughter.

Kennedy Byrd, Frazier’s good friend in high school called him “a wonderful human being.”

Byrd, like so many others in Clayton, tries to get a feel for the loss of their friend.

RELATED: Witnesses describe moments before 18-year-old was run over by SUV and killed in Johnston County

“I’ve known her since 2017 and we just clicked instantly when we first met… She’s very outgoing, she doesn’t care. She’s living her life to the fullest, ”Byrd said.

Tebria Frazier (Courtesy: Kennedy Byrd)

The 18-year-old died Monday afternoon on Vinson Road in Johnston County.

Witnesses said the teenager was on the hood of an accelerating white SUV. She fell and was probably run over.

Neighbors said they called 911 and ran to help. They found Frazier clutching a wiper blade.

Investigators confirm that the driver never stopped.

“It’s just devastating to know like she just got left there in the middle of the street. This is the heartbreaking part, ”Byrd said.

Byrd could not say how her friend ended up on the hood of this vehicle or who was behind the wheel. She said they were waiting for the Johnston County Sheriff’s Office to investigate.

The authorities are still looking for this SUV and the driver.

Frazier had a baby girl, Syx, in October.

Byrd said she lived with her parents and worked in a Nike store. The young mother planned to return to community college to study sports medicine.

“She always lived to the fullest, but she would never get on a hood and put her life in danger. To the point that she couldn’t come home and see her daughter that night, ”Byrd said.

Authorities said they knew who they were looking for, but refused to identify them.

Here’s how to buy a pair – Footwear News

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Not only does Giannis Antetokounmpo need just two more wins before securing his first appearance in the NBA Finals, but he will likely play those games in his next Nike signature sneaker.

The sportswear giant today unveiled the release information for the Nike Zoom Freak 3, with the first two makeups of the latest shoe dropping this week.

The Swoosh said the design of the former NBA MVP and Defensive Player of the Year’s latest signature shoe is “built to create space through sweeping downhill angles.” The silhouette supports its dominant playing style with a technical low upper combined with a midfoot strap to ensure its center of gravity does not shift over the sole. The shoe’s exceptional design in the midsole, which includes two Zoom Air units in the forefoot, providing energy absorption and responsiveness on the pitch.

“One of the hallmarks of his athleticism is that he quickly transfers energy from one leg to the other to maneuver his body through spaces,” said Ross Klein, senior creative director of men’s performance shoes at Nike. “Giannis works his foot like a gas and a brake. He also works all angles with his foot as he walks towards the basket. So we wanted to adapt the design to the way it goes from step to step.

The Nike Zoom Freak 3 will be released in the black and purple iteration “Project 34” and in the orange “Freak” colourway at select Nike Basketball retailers worldwide this Thursday and will be released at Nike.com in North America in August.


The Nike Zoom Freak 3 “Freak”.

CREDIT: Courtesy of Nike

Ahead of the release of the Zoom Freak 3, fans of the iconic Antetokounmpo line can now purchase his Nike Zoom Freak 2 shoe. A multicolored iteration of the shoe is available via Nike.com for $ 120 in sizes from 3.5 for men to 18 for men.

Nike Zoom Freak 2


Nike Zoom Freak 2

The lateral side of the Nike Zoom Freak 2.

CREDIT: Courtesy of Nike

How to quickly improve a credit rating

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You are looking for a mortgage or another type of loan, but you are constantly refused. Or, you get a loan offer, but the interest rate is staggering.

Most likely, your credit score is the culprit.

The higher your score, the better your chances of getting a loan and the better your rates and terms. Here’s how to quickly improve your credit score so you can get the loan you need.

Check for errors on your credit report

If you have regularly paid your bills on time and have never had problems with lenders or credit card companies, but your credit score is low, there may be an error. in your credit report.

According to a 2012 Federal Trade Commission study, about 25% of people had an error on their credit report, which negatively affected their score.

Credit reporting agencies corrected errors for about 20% of consumers who reported them, while about 1% of those who reported errors saw their credit score change after the errors were corrected. In some cases, individual scores increased by 25 points. In very rare cases (1 in 250), a person’s score increased by more than 100 points.

You are allowed to view your credit report for free once a year from each of the three credit bureaus – Equifax, Experian and TransUnion. You can access your free credit reports by visiting AnnualCreditReport.com.

Start paying on time

You can’t always blame the credit bureaus for a low credit score. In some cases, a low score is the result of your payment habits. Your payment history has a big effect on your score.

According to Fair Isaac Corp., which calculates the FICO score, payment history accounts for 35% of your score. If you’re not already in the habit of paying your debts on time, it can quickly improve your credit score.

Keep the sales low

How much you owe represents 30 percent of your FICO score. The less you owe compared to what you could borrow, the higher your score.

One tip is to settle your balances before your credit card statement closing date. If you charge $1,000 to a card in a month, but pay the balance in full before the end of the statement period, the credit card will show that you owe nothing, making it look like you do not use your credit at all.

Even if you can’t pay off the full balance by the statement closing date, try to keep the amount you charge to less than 30% of the available credit amount. This means that if your limit is $10,000, you don’t want to charge more than $3,000 in a single billing period. Keeping your balance below 10% of your total available credit will further improve your credit score.

Beware of New Credits

Your credit score drops a little each time you open a new credit card or other account. If you’re wondering how to improve your credit score fast, one option is to be careful when opening new accounts or new cards.

The only exception to this rule is if you don’t have a lot of credit history and need a credit card to get started. In some cases, opening a new account can help improve your credit mix, increasing your score in the long run. Opening new credit accounts only when absolutely necessary will help improve and maintain your credit score.

Also, be careful about closing any credit cards you’ve paid for, as this can lower your credit score. Closing a card causes your available credit to drop, reducing your borrowing power.

Conclusion

A good credit score is above 700. Very good scores are above 740 and exceptional scores are above 800. Raising your scores after a blot on your credit report or establishing your credit for the first time will take patience. and discipline. You can expect it to take a few months to two years to establish a good credit rating, but you can speed up improvement by following Bankrate’s strategy.

How China’s Personal “Social Credit” Scores Will Work

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Authorities in Beijing will judge each of the Chinese capital’s 22 million residents on their “personal trustworthiness” under a points-based system to be launched by 2020.

According to state media, the “Beijing Municipal Action Plan to Further Optimize the Business Environment” will monitor the financial credit and personal behavior of individuals and businesses – and reward or punish them accordingly.

The plan does not include details on how the points system will work, but warns that those deemed untrustworthy will be “unable to take a single step”.

Penalties for blacklisted citizens are “supposed to include slowing internet speeds, reducing access to good schools for individuals or their children, banning certain jobs, banning reservations at certain hotels and the loss of the right to own pets,” reports The Independent.

A roadmap plan for a national social credit program was first announced by the Communist Party of China in 2014, and about 30 local versions have been rolled out across the country, writes Daniel Sontag in a Medium post.

Earlier this year, the Hangzhou provincial government unveiled a trial program that rewards “pro-social” behavior such as volunteer work, while punishing citizens who have bad credit or violate the code of the road, among other offences.

Meanwhile, in Jiangsu province, slandering someone online will slash your “social score” by 100 points, while making or selling counterfeit products will drop you 35 points, according to Channel NewsAsia.

Government data shows that by the end of May citizens who had performed poorly in the various schemes had been denied ‘more than 11 million flights and 4 million high-speed train journeys’ , reports Bloomberg.

Critics say social credit programs are a covert way to help the Chinese Communist Party increase its authoritarian grip on the country.

Samantha Hoffman, a consultant at the International Institute for Strategic Studies in London, told Wired that the Chinese government could use such systems to identify and punish dissidents, under the guise of improving society.

“That’s why social credit ideally requires both coercive aspects and more pleasurable aspects, like providing social services and solving real problems,” Hoffman said. “It’s all under the same Orwellian umbrella.”

However, Foreign Policy’s Jamie Horsley says the grim press reports about Black Mirror-style totalitarian surveillance are overblown.

The main objective of the social credit system is to ensure “the respect of social and economic obligations prescribed by law and the execution of contractual commitments” in a country “still plagued by endemic fraud and counterfeiting”, he says.

Individuals and businesses are blacklisted for “specific, relatively serious offenses like fraud and excessive pollution that would generally be offenses anywhere,” Horsley adds.

Why would you buy this potentially game-changing COVID vaccine stockpile right now

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Sing along to the tune of “Rudolph the Red-Nosed Reindeer”:

“You know Pfizer and BioNTech, Modern, Astra Zeneca. But do you remember…the most promising COVID-19 vaccine maker of them all?

Many investors may not know which company this admittedly awkward COVID-19 carol is referring to. However, this is one that I think deserves attention: Therapeutic Arcturus ( ARCT -2.11% ). Here’s why you might want to buy this potentially game-changing coronavirus stock right now.

Image source: Getty Images.

Potentially revolutionary vaccine

Let’s unpack that statement, starting with the claim that Arcturus may have a breakthrough coronavirus vaccine. Is this an exaggeration? I do not think so.

For one, Arcturus’ COVID-19 vaccine candidate, ARCT-021, uses a messenger RNA (mRNA) approach. This is particularly promising given the very high levels of efficacy already reported for the mRNA coronavirus vaccines from Pfizer and Moderna. These other mRNA vaccines also appear to be safe, which bodes well for ARCT-021.

However, Arcturus might find slim choices if its only advantage is the mRNA technology used. With ARCT-021 only in phase 1/2 testing, it will be well behind other leading coronavirus vaccine candidates for its market launch, even if all goes well.

But Arcturus has another advantage, and it’s a big one: all of the major coronavirus candidates, with the notable exception of Johnson & Johnson‘s experimental vaccine, require two doses. ARCT-021, on the other hand, appears to be quite effective with a single dose.

Additionally, Arcturus is developing a freeze-dried (freeze-dried) version of its COVID-19 vaccine candidate to advance to late-stage testing. This version will fit in standard refrigerators, eliminating the need for expensive ultra-cold storage equipment.

Why buy now?

I suspect most investors would agree that a single-dose mRNA vaccine that can be stored in a regular refrigerator could be a game-changer. But why buy Arcturus shares now?

First, phase 2 is historically the watershed phase for experimental vaccines. Fewer than 1 in 4 candidate vaccines that make it to phase 2 clinical studies go on to gain Food and Drug Administration approval, based on data collected by industry trade group BIO. However, nearly three-quarters of candidate vaccines that advance to Phase 3 testing eventually gain approval.

Granted, ARCT-021 hasn’t quite entered Phase 3. However, Arcturus is already in talks with regulators in Singapore to move forward with late-stage testing. I suspect there’s a very good chance that biotechnology will be given the green light to do so.

Second, Arcturus is now cheaper thanks to the company’s announcement of a $150 million stock public offering this week. The biotech stock fell almost 20% on the announcement of the secondary offering. But the company’s outlook has not changed at all. Arcturus’ market capitalization of around $2.4 billion falls far short of its potential if ARCT-021 proves to be a success.

The operative word

Don’t overlook the key word in my statement that you might want to buy this potentially game-changing COVID-19 stock right now. This keyword is could.

Arcturus Therapeutics is not suitable for all investors. This is clinical-stage biotechnology with no approved product (and therefore no consistent source of revenue). The company continues to lose a lot of money. If you are cautious, Arcturus is definitely not a good choice for you.

But the word “could” is a double-edged sword. Some investors might really like Arcturus. The company’s experimental COVID-19 vaccine definitely shows promise, though it still has a long way to go. Arcturus also has another potential pipeline winner with experimental mRNA therapy ARCT-810, which targets the genetic disorder of ornithine transcarbamylase deficiency.

You will need to assess your own risk tolerance to decide if Arcturus is right for you. If so, you might not be more likely to buy that stockpile of coronavirus vaccines than you are right now.

This article represents the opinion of the author, who may disagree with the “official” recommendation position of a high-end advice service Motley Fool. We are heterogeneous! Challenging an investing thesis — even one of our own — helps us all think critically about investing and make decisions that help us become smarter, happier, and wealthier.

The COVID-19 pandemic reveals multiple failures in the US economic system

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The United States has more than 5.5 million confirmed cases of coronavirus and has suffered more than 177,000 deaths from the disease. With the highest number of COVID-19 cases and deaths of any country in the world, recent public opinion polls found nearly 60% of Americans disapprove of President Trump’s handling of the health crisis and are very worried about the effects of the pandemic on the American economy.

The failure of the Republican-controlled U.S. Senate to act on pending legislation passed by the House in mid-May that would have reinstated now-expired enhanced federal unemployment controls and extended a moratorium on tenant evictions, has been tracked. of a breakdown in negotiations and lawmakers adjourning for a summer recess until September. Congress’ inaction has millions of Americans worried about how they will pay for food and rent in the weeks to come.

Between the Lines, Scott Harris spoke with Richard D. Wolff, professor emeritus of economics at the University of Massachusetts, Amherst, and currently a visiting professor in the graduate program in international affairs at New School University, at New York. Here Professor Wolff discusses his recent paper, The sham of orthodox economics has been exposed in the wake of COVID-19,” and weighs in on the US government’s failure to provide basic assistance to working families amid the worst public health crisis in more than 100 years.

RICHARD D. WOLFF: The United States of America has between 4.5 and 4.75% of the world’s population. In other words, you take the 320 million Americans, they together represent about 4.5% of the population of this planet. However, if you look at the percentage that the United States represents in people infected with this virus and in people who died from this virus, it’s about 25%. We have 5% of the world’s population. And 25% of fatal virus cases worldwide. It’s indescribable. We are a “developed, wealthy and advanced industrial economy”.

All of these words are meant to mean that we would be better equipped, better, able, better prepared to get through a virus like this than most other countries in the world. And fundamentally, I think we have the ability to do better than most of the rest of the world, but our system is so broken that it’s so incapable of doing what it could and should do.

It is an indescribable and inexcusable statement of abject failure. And the failure is shared by the private sector and by the government. What the government is doing to prepare us militarily, it could have, it should have done to prepare us for a virus. But because the people who run this society have to believe in the fairy tale that private enterprise is the best thing since sliced ​​bread, that private enterprise does everything best, that private enterprise left to its own devices is the best possible solution to life’s problems – the government has not done in the medical field what it does in the military. And so we found ourselves unprepared for this virus when it hit. It is a testament that the private sector in this country cannot and does not work well. This is proof that government, which is dominated and shaped by private enterprise—we all know this—is equally incapable of compensating for the failures of private capitalism. We are stuck with a system that has just demonstrated to us, and it is doing as we speak, that something as basic as our health, our ability to breathe and live is not safe under a capitalist system. And this is not a theory. It is not a possibility. It’s not a guess. This is the reality we live.

SCOTT HARRIS: Professor Wolff, at this particular moment. Many young people have a very, very different view of our system and its ability to support them as they grow, pursue careers, age and retire. I think there are a lot of concerns about our system and the conclusion of many that it is flawed. Do you currently see opportunities to redesign our systems that have not been possible in the past years and decades?

RICHARD D. WOLFF: Absolutely, young people were told to work hard, study hard, go to college, get their baccalaureate. If you can, keep going and get more degrees. These days it’s so expensive. You’re gonna have to borrow tens of thousands of dollars, go deep in debt to get that degree. They did all that. And they find out they won’t find a job. If they find a job, they won’t earn enough money to repay those loans. This means that they risk having a bad credit score. That means they can’t really get married, start a family, or buy a house. All of these things that used to be called the American dream are out of reach and they feel betrayed because they have been. Older people are discovering that social security is not enough to live on and that the future is more precarious than it has been in decades because of the pandemic.

But he was already in trouble before. Mortgage debt, car loans, credit cards and student loans. These are the four large rocks carried by a population that they crush. And I think what you’re seeing is people recognizing that this economic system can make the Jeffrey Bezos of this world super rich, but for the vast majority of people this economic system isn’t working and something better has to be done because we’re looking at — and I’m now literally talking weeks from now — we’re looking at a set of conditions that are going to make even what we have now pale in comparison.

For more information on the Economic Update with Richard Wolff, visit economic update.libsyn.com or Democracy at Work at
democracy at work.Info.

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Investors rush over Moderna’s vaccine results

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Shares of Modern (ARNM 6.34% ) were skyrocketing earlier this month when the company released interim results for its mRNA vaccine. Investors were bullish on the potential COVID-19 vaccine, sending the stock to an all-time high of $87. It has since dropped over 35% since then as some of the hype has died down. Coronavirus stocks like Moderna are particularly volatile around news related to any treatments or vaccines. And in Moderna’s case, investors were just too optimistic about the results, and here’s why.

The sample was far too small to be meaningful to investors

When Moderna released interim data from its Phase 1 study, the results were encouraging. The company found that of the antibody data it had on the people in its study it had vaccinated, all had developed neutralizing antibodies against the coronavirus. While this is definitely an encouraging sign, data was only available on eight participants and Moderna has vaccinated dozens so far. From a scientific point of view, this is encouraging because it is a good first step in the process. Phase 1 results are still limited in that they do not involve a large number of participants.

Image source: Getty Images.

For investors, it is important to take this into account when reading and interpreting the results. Buying back shares of a company because its vaccine has gone eight out of eight in phase 1 antibody development is premature to say the least. While that’s a good sign, with such a small sample size, many factors can skew these results, and it’s unclear if it’s safe on a much larger scale. Without a sample size of several thousand, where there is a good representative sample of the population being tested, it is simply not meaningful enough data for investors to base their investment decisions on.

It’s still too early in the process

Companies are racing to try to make a COVID-19 vaccine available as quickly as possible. But the reality is that this could be far from happening. Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases (NIAID), estimated that it could take 12 to 18 months for a vaccine to become available. However, other experts believe the timeline is too optimistic. Dr Paul Offit was a co-inventor of the rotavirus vaccine, and he thinks such a short timeline is “ridiculously optimistic”.

But however long it actually takes for a COVID-19 vaccine to be ready, the important thing for investors to note is that there is still a long way to go. A phase 1 study with limited data will not be helpful in predicting whether or not a vaccine will be successful. According to data from the US Food and Drug Administration (FDA), 70% of drugs that are in phase 1 progress to the next stage. It is in phase 2, which involves more people and where the studies last longer, that only about a third of the drugs pass. Such strong results from a phase 1 study are unfortunately not a good reason to invest in a company working on a possible vaccine.

Several other companies are also working on vaccines, including Pfizer ( DPF 0.50% ) and Inovio Medications (INO 6.52% ). Which company will end up with the vaccine that the general population will end up using is anybody’s guess at this point. While Moderna’s early results are encouraging, there’s no guarantee it’ll be the first to the finish line.

What should investors do?

If you’re investing in Moderna, it should be for what the biotech company produces today, not on the basis of vaccine results that might ultimately be worth nothing. Buying shares of a company based on its Phase 1 interim results is a gamble at best. If Moderna fails, the title will likely plummet. With the company posting losses in each of its last 10 quarterly results and generating sales of just $60 million in 2019, investors have little to fall back on if the company doesn’t end up developing a vaccine. Successful COVID-19. The stock is trading at over 350 times its sell and is a very speculative buy at this point.

Moderna shares are up 180% since the start of the year, while S&P500 is still down about 6%. However, poor performance or any indication that the company’s vaccine is in trouble could quickly change the stock’s trajectory. That’s not a risk investors might want to take, especially given how volatile markets have been so far in 2020.

This article represents the opinion of the author, who may disagree with the “official” recommendation position of a high-end consulting service Motley Fool. We are heterogeneous! Challenging an investing thesis — even one of our own — helps us all think critically about investing and make decisions that help us become smarter, happier, and wealthier.

Is Boeing’s new missile too good for the US Navy?

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For at least two years now, the US Navy has been trying to choose a new missile: long-range, affordable, and key to the Navy’s new doctrine of “distributed lethality.” The Naval Air Systems Command (NAVAIR) chooses from three distinct systems to equip its littoral combat ships with an over-the-horizon (OTH) capability to strike long-range targets.

For at least two years now, Boeing ( BA -0.40% ) developed a new missile to meet the needs of the Navy – a “Block II Plus Harpoon” missile. Carrying a 300-pound warhead about 60% the size of a standard harpoon and featuring an all-new engine, the new missile has an advertised range of 134 nautical miles. This is twice the range of Boeing’s previous version of Harpoon, and longer range than that offered by a competing Naval Strike Missile (NSM) from Raytheon (RTN)although it pales in comparison to Lockheed Martinit’s (LMT 1.23% ) Long Range Anti-Ship Missile (LRASM), which also has a larger warhead.

Boeing’s Harpoon missile has sailed aboard Navy warships for decades – but for how much longer? Image source: NAVAIR.

But here is the most serious obstacle to Boeing obtaining the NAVAIR contract: Boeing decided not to bid at all.

Boeing takes the ball and goes home

As reported earlier this month on DefenseNews.com, Boeing withdrew its bid from the competition, citing “Navy changes” to requirements for its new missile. According to Boeing, “each iteration of the [Navy’s request for proposals cut] high-level requirements” for the new missile. In particular, Boeing said the Navy no longer requires contractors to offer it an “all-weather” or “net-enabled” missile so that it can be guided to target by units other than the one that fired it, which Boeing says means that if its offer is reviewed, the company would receive “no credit for the full capabilities of” the new Harpoon.

“We carefully considered this,” Boeing lamented, and ultimately decided “that at this point, it doesn’t make sense for the Boeing Company to bid on this.”

In other words, the Harpoon that Boeing designed for one set of Navy requirements now exceeds the revised requirements to such an extent that other bidders would likely undercut it on price by offering less capable weapons. If so, Boeing could lose this game before it even begins – so Boeing has decided not to play.

What this means for Boeing

It’s a logical reaction, but it’s still bad news for Boeing – and possibly even worse news than many investors think. If Boeing had succeeded in winning the OTH missile contract, the company could count on revenues from equipping 40 planned littoral combat ships with missiles. (How? ‘Or’ What many revenue will depend on how many OTH missiles can possibly be crammed onto each ship – which are currently not equipped to carry them. But that would probably be tens or hundreds of millions.)

More importantly, by winning OTH, Boeing would most likely have been hired to upgrade existing Harpoon stocks (7,500 Harpoons have been sold worldwide over the past four decades) to the new Harpoon configuration – a project that could yield Billions dollars of new revenue. While those prospects haven’t completely died out, and Boeing says it still expects to sell ground-to-ground, as well as submarine and air-launched variants of its newest Harpoon, the increase additional of the popularity of the new missile that an OTH win would have given Boeing will be sorely missed.

What this means for Raytheon and Lockheed Martin

Conversely, Boeing’s exit from the OTH competition is very good news for its former rivals Raytheon (and its Norwegian partner Kongsberg) and Lockheed Martin. Here’s why: Boeing may think changing Navy requirements turned Harpoon into more missiles than the Navy wanted to buy, and may have hurt the missile’s ability to compete on price. But in fact, the numbers I see suggest that Harpoon would have posed a very real threat to offers from Raytheon and Lockheed.

Consider: Boeing estimated the cost of its upgraded Harpoon at $1.2 million, roughly the equivalent of a current-model Harpoon. For comparison, the US Government Accountability Office estimates the cost of LRASM to be around $3 million per unit, significantly more expensive than Harpoon. Meanwhile, other sources suggest that Raytheon’s NSM would cost around half the cost of the LRASM, implying a price tag of around $1.5 million.

Conclusion: Although it offers capabilities beyond what the Navy is currently looking for, it seems that Boeing’s Harpoon would still have cost less than Lockheed and Raytheon’s offerings, and would have had a good chance of winning the OTH competition – if Boeing had decided to continue. Whatever the real reason the company backed down, the fact that Boeing East stepping back is very good news for its former competitors.

This article represents the opinion of the author, who may disagree with the “official” recommendation position of a high-end advice service Motley Fool. We are heterogeneous! Challenging an investing thesis — even one of our own — helps us all think critically about investing and make decisions that help us become smarter, happier, and wealthier.

Who has the best cheap car insurance quotes in Florida? (2022)

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Florida Auto Insurance: Minimum Coverage Requirements

The minimum auto insurance coverage limits required in Florida, per the Florida Office of Insurance Regulation and state motor vehicle requirements, include only $10,000 per accident of PIP and damage liability materials.

Bodily injury liability and uninsured motorist coverage are standard and recommended with your policy, but you can opt out in writing. The minimum limits you can get for either are $10,000 per person or $20,000 per accident.

Although you may meet Florida’s minimum auto insurance requirements, it may not be the best policy for your needs. We recommend drivers consider opting for higher coverage limits.

If you’re involved in a particularly expensive accident, your minimum coverage may not be enough to fully cover the damage and you may have to pay out of pocket.

This applies whether you’re a student at the University of Central Florida on a budget, a new entry-level driver in Tallahassee, or a retiring senior in South Florida.

Florida No Fault Law

Florida is a no-fault state, which means insurers are required to provide coverage to drivers regardless of who is at fault in an accident. The Florida Motor Vehicle No-Fault Law helps ensure that drivers receive proper medical care and some degree of financial protection.

For this reason, Florida drivers must carry SEED and PDL under their auto insurance policy.

  • The PIP covers up to 80% of medical expenses and 60% of lost income if you are unable to work, up to a combined limit of $10,000.

  • PDL reimburses material damage caused to the vehicles of other drivers in the event of an accident, up to a maximum of $10,000. If your car is damaged, the other driver’s PDL will pay your repair costs.

Although Florida no-fault law requires drivers to wear personal injury protection, at-fault drivers can still be sued for serious bodily injury or death. For this reason, it is often recommended that you purchase Personal Injury Liability (BIL) insurance to provide additional protection against such claims.

Florida Financial Accountability Act: Policy SR-22 and FR-44 Requirements

If you cause an accident resulting in bodily injury to another person, or if you are found to be driving under the influence, you will need to have additional types of cover and higher limits of cover under the Florida’s fiscal responsibility, called SR-22 or FR-44 insurance.

SR-22 Insurance Requirements

For accidents resulting in bodily injury or death, drivers will need to purchase SR-22 insurance, often referred to as a Certificate of Financial Responsibility. In addition to Florida’s no-fault requirements, SR-22 insurance requires:

  • BIL: $10,000 per person

  • BIL: $20,000 per accident

These covers will pay for bodily injury suffered by other drivers or passengers involved in an accident you cause.

FR-44 Insurance Requirements

Florida residents convicted of driving under the influence (DUI) of alcohol or drugs are required to meet FR-44 insurance standards. FR-44 coverage requirements are considerably higher than no-fault minimum coverages or SR-22 certificates. Specifically, FR-44 insurance requires:

  • BIL: $100,000 per person

  • BIL: $300,000 per accident

  • PDL: $50,000 per accident

4 cannabis stocks poised to take advantage of legalization votes

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While there’s no end in sight to the coronavirus pandemic, in some ways life is going on much of the business as usual. The US presidential election is approaching in less than three months, and beyond the presidential and legislative races, the issue of legalizing marijuana at the state level is once again on the agenda. In New Jersey, Mississippi and South Dakota, cannabis legalization initiatives have already officially qualified for vote in November, while in Arizona, Montana and Nebraska, officials are currently reviewing signatures submitted by groups trying to get their proposals voted on. .

Efforts to qualify ballot legalization initiatives in other states, including Nebraska, Missouri and Oklahoma, were essentially put on hold earlier in 2020 due to COVID-19.

Cannabis companies have attracted a lot of attention this year following the spikes in sales that have accompanied the pandemic. While there’s still no clarity on when Congress might start weighing legalization at the federal level, adding new states to the legal marijuana market could raise some concerns for companies, including Green Thumb Industries ( GTBIF -7.08% ), Curafeuille Holdings ( CURVE -7.50% ), Cresco Laboratories (CRLBF -8.00% ) and canopy growth ( CGC -4.27% ) to new heights.

Image source: Getty Images.

Green Thumb and Cresco Labs Take Advantage of Recently Expanded Opportunities

Green Thumb’s revenue rose 268% to $103 million in the first quarter, largely due to the diversification of its business. It has 42 cannabis retail stores in 10 states – Connecticut, Massachusetts, Nevada, Florida, New Jersey, New York, Ohio, Illinois, Maryland and Pennsylvania. The company reported EBITDA (earnings before interest, taxes, depreciation and amortization) of $25.5 million.

Green Thumb remains strong in his home state of Illinois, which legalized recreational cannabis on Jan. 1. June was the strongest month so far, with legal sales from all operators in the state totaling $46 million. Green Thumb also plans to tap into the tourist cannabis market in Nevada – it opened a new store in Las Vegas in June.

In the months following the release of its first quarter results, Green Thumb opened six more stores; it is now the proud operator of 48 outlets in 12 US states. With the licenses it already holds, it has the potential to expand its footprint to 96 locations in total. So you can imagine the potential increases in revenue and profits that Green Thumb could produce once more states join the legal cannabis list and the company expands into these new markets.

In contrast, the strength of Illinois-based Cresco Labs is that it has chosen to focus on its home state and two other key markets, Pennsylvania and California.

On July 13, he opened his eighth dispensary in Illinois—Sunnyside South Beloit—and his 18th in the United States. Its financial stability is evident from rising revenue and earnings – in the first quarter, its revenue grew 215% year-over-year to $66.4 million and its EBITDA reached $3.2 million.

Curaleaf targets key markets with greater cannabis demand

Curaleaf targets certain major cannabis markets. Recently, it completed its acquisition of Grassroots, which will give it a huge footprint in California, with its population of 40 million. Recreational cannabis is legal in the state, where the company now has “135 dispensary licenses, 88 operational dispensary locations, more than 30 processing facilities and 22 cultivation sites with 1.6 million square feet of cultivation capacity. current”.

Curaleaf also strengthened its position in New Jersey in July by acquiring Curaleaf NJ, which was previously required by state law to operate as a nonprofit.

For now, New Jersey limits the use of cannabis for medical purposes, but recreational legalization is on the ballot this fall, and polls suggest it is likely to pass. Recently, Curaleaf also launched an alternative form of cannabis-based medicine: sublingual tablets. The company is expected to roll them out before the end of the month, and they will be available to medical marijuana users at 28 dispensaries in Florida. Curaleaf’s revenue increased 174% to $96.5 million in the first quarter, while adjusted EBITDA was $20 million.

Canopy Growth is poised to gain traction in the US market

Unlike the other companies mentioned here, Canadian-based Canopy Growth has yet to experience skyrocketing revenue growth or even profitability – revenue rose 15% in the first quarter as it posted an EBITDA loss. of C$102 million – but its growth strategies look promising.

He has a deal to acquire a cannabis company Area holdings, but that will only happen after the United States legalizes marijuana at the federal level. Once the deal is done, it will give Canopy access to Acreage’s North American stores in which to sell its innovative cannabis-derived products – vapes, drinks, edibles and chocolates, among others.

Canopy Growth has partnered with lifestyle guru Martha Stewart to launch CBD products for people and pets in Canada and the United States. It also has a partnership agreement with alcoholic beverage giant Constellation Brands and plans to launch cannabis-infused sports drinks through the acquisition of BioSteel Nutrition.

keep an eye on them

Profitability is not an issue for the three US cannabis companies discussed here, and they all have strong balance sheets. At the end of the first quarter, Cresco Labs had $68.6 million in cash and cash equivalents, while Green Thumb and Curaleaf had $71.5 million and $176.4 million cash and cash equivalents on the books, respectively. Therefore, they should have the resources to expand into all US states that legalize cannabis in 2020 or move from medical use only to fully legalizing adult use.

We’ll likely learn more about their near-term growth plans when they release their next quarterly reports: Curaleaf, Cresco Labs, and Green Thumb will report on August 17, August 20, and August 12, respectively.

Meanwhile, Canopy Growth isn’t lagging behind in capital – Constellation Brands’ large investment in the Canadian company has put it on a safe footing for now. It has yet to reach profitability, but if its growth strategies go as planned, it could happen soon. It will release its results for the first fiscal quarter of 2021 on August 10.

I would say that now is the time to acquire some shares of these companies. Even factoring in the potential for states to expand the legal market out of the equation, Cresco Labs, Green Thumb, and Curaleaf are the three strongest players in the cannabis space.

This article represents the opinion of the author, who may disagree with the “official” recommendation position of a high-end advice service Motley Fool. We are heterogeneous! Challenging an investing thesis — even one of our own — helps us all think critically about investing and make decisions that help us become smarter, happier, and wealthier.

PHOTOS: Over 2,000 rabbis pose for a ‘class photo’ on Eastern Parkway – Crown Heights – New York

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More than 2,000 Hasidic rabbis pose for their annual “class photo” in front of 770 Eastern Parkway, the headquarters of the Chabad-Lubavitch Organization, during their annual convention in Crown Heights.
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Eliyahu Parypa, Chabad.org

CROWN HEIGHTS – This is a world class portrait.

More than 2,000 rabbis took part in a “class photo” outside the Chabad-Lubavitch world headquarters in the neighborhood this weekend as part of the group’s annual convention, which brings together more than 5,000 Lubavitch emissaries from 86 countries to Crown Heights.

The panoramic photo, taken outside 770 Eastern Parkway near Kingston Avenue on Sunday morning, shows rows and rows of rabbis lined up on specially constructed bleachers where the Jewish organization takes the photo on the final day of the rally in four days each year.

Rabbis line up for the portrait on bleachers built outside the Chabad-Lubavitch World Headquarters building, 770 Eastern Parkway in Crown Heights. (Photo credit: Eliyahu Parypa, Chabad.org)

The convention, or “kinus” in Hebrew, is one of the biggest events to take place in the Lubavitch Jewish community in Crown Heights, home base to thousands of emissaries who live and work as leaders of the communities. newly established Lubavitch around the world. .

The class photo, as well as a huge annual banquet attended by thousands of rabbis, are traditions of the convention; last year, emissaries claimed to have taken the “world’s largest selfie” at the event, using a selfie stick placed in front of the crowd of rabbis.

Why American Eagle Stock Was Gaining Today

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What happened

Shares of a teen clothing retailer American Eagle Outfitters (AEO -1.31% ) were climbing today despite no specific news on the stock. Instead, a rival announcement L Brands (BBWI -1.98% )the parent company of Victoria’s Secret, appeared to push shares higher.

As of 11:16 a.m. EDT, American Eagle stock was up 7.5% while L Brands jumped 32.8%.

Image source: American Eagle Outfitters.

So what

American Eagle’s Aerie brand, which sells underwear to young women and teenage girls, has been one of the biggest retail success stories in recent years, as the brand has taken an opposite approach to Victoria’s Secret by pledging that his photos are not airbrushed and using templates. who look like ordinary women, rather than the “angels” that characterized Victoria’s Secret.

As tastes and cultural mores have changed, Aerie has emerged as a winner in the industry while Victoria’s Secret has been on the losing side. Therefore, investors may interpret Victoria’s Secret challenges as favorable to American Eagle. L Brands has just announced that the lingerie brand’s sales are expected to fall by 40% in the second quarter, and plans to close 250 Victoria’s Secret stores and reduce its workforce by around 15%, or 850 people.

L Brands is also in the process of separating Bath and Body Works, its smaller and more successful brand, from Victoria’s Secret, which some say has fallen into disuse in the #MeToo era. The ousting of former CEO Leslie Wexner over his ties to Jeffrey Epstein also weighed on the brand.

Now what

In the first quarter, Aerie’s sales fell just 2% against a 45% drop in American Eagle brand revenue, showing the strength of its lingerie brand and that it is well positioned to capture market share from Victoria’s Secret as that company continues to restructure. Prior to the pandemic, the brand had enjoyed 21 consecutive quarters of double-digit comparable sales growth, proving that it is rapidly gaining market share.

Shares of American Eagle have faded since surging after the first-quarter earnings report in early June as the economic recovery faltered in the United States. However, today’s news might remind investors that the Aerie brand still has huge potential.

This article represents the opinion of the author, who may disagree with the “official” recommendation position of a high-end advice service Motley Fool. We are heterogeneous! Challenging an investing thesis — even one of our own — helps us all think critically about investing and make decisions that help us become smarter, happier, and wealthier.

Why BigCommerce’s stock crashed today

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What happened

Shares of BigCommerce ( BIGC -2.81% ) sank on Thursday after the e-commerce software provider released its second-quarter results. Although it beat analysts’ expectations across the board, some red flags along with a high valuation gave investors plenty of reason to drive the stock down. Shares were down about 6.8% at 11:40 a.m. EDT today after falling as much as 12% earlier in the day.

So what

BigCommerce reported second-quarter revenue of $36.3 million, up 33% year-over-year and about $700,000 above the average analyst estimate. Total annual revenue increased 32% to $151.8 million.

Image source: Getty Images.

This revenue growth is largely driven by increased spending by existing users. For accounts with an annual contract value greater than $2,000, average revenue per account increased 29% in the second quarter. The number of such large accounts only increased by 7%, a sign that the company may be struggling to find new customers.

Adjusted earnings per share posted a loss of $0.38, better than a loss of $0.58 in the year-ago period and $0.05 better than analysts expected. Despite the slow pace of customer additions, BigCommerce spent about 46% of its revenue on sales and marketing.

Now what

For the third quarter, management expects to generate revenue between $35.9 million and $36.3 million, representing a slight sequential decline at the midpoint. For the full year, the company reported revenues between $142.5 million and $143.3 million. An adjusted operating loss is expected between $10.1 million and $10.4 million for the third quarter, and between $32.9 million and $33.5 million for 2020.

BigCommerce is now valued at around $5.75 billion, which puts the price-to-sales ratio based on company forecasts at 40. Given the average revenue growth rate (at least in the stock world of software as a service) and the fact that the customer base is growing at an average rate, it is difficult to justify such a high valuation.

The company should be well positioned to benefit from the accelerated transition to e-commerce driven by the pandemic. Unfortunately for investors, its second quarter results left much to be desired.

This article represents the opinion of the author, who may disagree with the “official” recommendation position of a high-end advice service Motley Fool. We are heterogeneous! Challenging an investing thesis — even one of our own — helps us all think critically about investing and make decisions that help us become smarter, happier, and wealthier.

Should you save money by only making minimum credit card payments?

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Image source: Getty Images

You’ll have more money available if you need it, but this strategy isn’t for everyone.

One thing that virtually all financial experts agree on is that you shouldn’t just pay the minimum on your credit card. You will accrue interest charges; it will take you much longer than necessary to pay off your balance; and it could affect your credit score.

The coronavirus crisis is causing some people to reconsider this advice. Suze Orman, a popular financial adviser and TV personality, has explicitly recommended that those who have lost their jobs only make minimum credit card payments to conserve more cash.

It is certainly important to have enough money to pay your bills in times of widespread unemployment and economic uncertainty. But should you keep a larger balance on your credit card to preserve your money?

To answer this, let’s look at the pros and cons.

The logic behind saving money

The recommendation to make minimum credit card payments and save your money comes down to financial security. It’s safer to have more money in your bank account than to have your credit card paid off in full. These tips are primarily for people who don’t have a lot of money in their emergency fund and may have trouble paying their bills if they lose their income.

You might be wondering what makes cash safer than credit cards in this scenario. After all, you could possibly pay your expenses with your credit card if you run out of money. There are even services available, such as Plastiq, that allow you to use your credit card to pay almost any type of bill, including rent or mortgage payments.

While this is true, your card issuer may decide to lower your credit limit or even cancel your card altogether. Both can happen – and they are more likely during an economic downturn.

You can always use cash to pay your bills. You don’t have the same security with credit cards, since your credit limit and card status are under the control of the card issuer.

The downside of paying the minimum

Since most credit cards have high interest rates, minimum payments come at a cost. You’ll pay a premium on monthly interest charges to keep more money. Even if your card issuer is one of many offering coronavirus credit card relief, only a select few are waiving interest charges entirely.

There is a way to pay the minimum and avoid interest charges, and that is with 0% intro APR credit cards. If you can get approved for this type of card, then you can make minimum payments during the 0% APR intro period without paying interest. However, you will start incurring interest charges at the end of this introductory period.

You will also continue to incur credit card debt – another potential risk of only paying the minimum amount. Credit card debt tends to get harder to pay off as your balances increase.

Should you only make minimum credit card payments?

The best way to answer this question is to look at your emergency fund. Do you have enough savings to cover at least six months of living expenses? If the answer is yes, then you’re in a financially secure position and it’s probably not worth paying interest or incurring credit card debt just to save even more money.

If you don’t have a lot of spare cash, you might want to consider reducing your credit card payments and using that money to boost your emergency fund or maintain your savings instead. Your professional status also plays a role in this decision. If you have a stable income, you may not need to take such drastic measures.

If you decide to pay minimums, try opening a credit card with a 0% APR introductory offer. Interest is the main downside of the balance on your credit card, so you should do your best to avoid it.

The best credit card erases interest until 2023

If you have credit card debt, transfer it to this top balance transfer card guarantees you an introductory APR of 0% in 2023! Plus, you won’t pay any annual fees. These are just a few of the reasons why our experts consider this card a top choice to help you control your debt. Read the full The Ascent review for free and apply in just 2 minutes.

Chase Freedom Flex 2022 review: Up to 5% return

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Main advantages

$200 sign-up bonus

You only need to spend $500 on purchases in the first three months to receive this $200 bonus. With such a low minimum spend, this is one of the easiest sign-up bonuses to get.

Cash Rewards Program

The Chase Freedom Flex℠ has a long list of bonus categories. Here are the card’s cash back rates:

  • 5% back on up to $1,500 in combined quarterly purchases in bonus categories you activate
  • 5% back on trips you book with Chase Ultimate Rewards points.
  • 3% back in restaurants, which includes takeout and orders via eligible delivery services
  • 3% back in pharmacies
  • 1% cashback on all other purchases

With so many popular categories where you can earn bonus money, this card is ideal for maximizing your credit card rewards.

No annual fee

You can add the Chase Freedom Flex℠ to your wallet for free. You get great value for money with no-annual-fee cards that pay rewards because you get money back on your spending and the card itself doesn’t cost a penny.

0% introductory APR

For the first 15 months, this card has an introductory APR of 0% on purchases and balance transfers. If you have a big expense coming up that you can’t pay in full right away or want to pay off your debts faster, the Chase Freedom Flex℠ gives you plenty of time to do so.

No minimum redemption

A useful and underrated benefit of Chase credit cards is that you can redeem any amount of rewards you want, even as little as $0.01 in cash back. Some credit cards make redemptions more inconvenient by requiring you to first collect a minimum cashback amount, such as $20 or $25.

Other benefits to consider

The Chase Freedom Flex℠ includes valuable benefits beyond its flagship line of benefits. These include:

  • Cell Phone Protection: When you pay your monthly cell phone bill with your Chase Freedom Flex℠, you get free protection against covered theft or damage.
  • Free Credit Score: Chase’s Credit Journey app is a useful tool for getting a free credit score, along with helpful tips, protections, and alerts.

Learn more: A Guide to Chase Freedom Flex Card Benefits

Samsung expands smartphone market share at Apple’s expense

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It’s not exactly a new trend, but it’s a continuation of a trend that should be eating away at Apple (NASDAQ:AAPL) shareholders while delighting over-the-counter shareholders Samsung (OTC: SSNLF). That trend is that Samsung continues to grow its share of the smartphone market, taking most of that extra share away from Apple’s iPhone.

Although it still has a smaller share of the market than Samsung, Huawei has taken over the smartphone market even more during the third quarter of the year, according to new data from the market research organization on technology. Gartner.

In some ways, it doesn’t really matter. Apple has known this day was coming for a long time, and it’s already gone deep into digital services like music, video, and apps. Yet with each passing quarter that sees Apple losing share of this important market puts more and more pressure on the company’s fledgling services arm.

Image source: Getty Images.

Apple is not part of the two-horse race

During the third quarter, leveraging the popularity of its Galaxy series, Samsung shipped a total of 79.1 million units, representing 20.4% of a slightly contracting market. Its third-quarter 2018 shipments accounted for just 18.9% of the market. Apple, conversely, saw its third-quarter shipment market share fall from 11.8% a year ago to 10.5% last quarter. The big surprise? Huawei’s share increased from 13.4% to 17.0%.

Gartner senior research director Anshul Gupta commented on the current trend:

For the majority of smartphone users, the desire has moved away from owning the cheapest smartphone. Today’s smartphone user opts for mid-range smartphones over high-end smartphones because they offer better value for money.

And the trend is indeed continuing. Since 2015, Apple’s percentage market share has gone from mid-teens to just over 10% for a few quarters now. Samsung’s share declined to a lesser extent in 2018, but it appears to be on the mend now. Huawei, despite being collaterally damaged in the China-US trade war, has been able to offset this overhang by doing particularly well in China.

Image of historic smartphone market share by manufacturer

Data source: Gartner. Table by author.

Not necessarily the end of the world for Apple

Although Apple is losing market share, as has been noted, it is making more deliberate efforts to grow its digital business. It made $12.5 billion in sales of digital products and services last quarter, and while the company hasn’t fully offset its iPhone revenue decline with digital products, the margin of exploitation on software and services can be twice as high as on hardware. Apple can be just as profitable with less revenue by continuing to grow its services business.

However, misleading timing could mitigate the ominous message found in the delivery numbers alone. Gupta noted, “The iPhone 11, 11 Pro, and 11 Pro Max saw good initial adoption, suggesting that sales could be positive in the remaining quarter.” In other words, Apple’s previous quarter ended in September and Gartner’s look was only through October, but iPhone 11 demand may not have started to pick up. firm up ahead of this month as the holiday shopping season approaches.

Still, Apple’s plans to generate more service revenue are vulnerable as its total number of iPhones shipped fell last quarter, more than the market as a whole. Apple shipped just 40.8 million smartphones in the third quarter, down from 45.7 million in the same quarter a year earlier.

As for Samsung, although it is now gaining market share, its best may yet be yet to come.

Without specifically naming Samsung as a major beneficiary, Gupta noted that “waiting for 5G network coverage to expand to more countries, smartphone users are delaying their purchasing decisions until 2020.” This delay arguably favors Samsung more than most of its competitors, but since it’s not only already the market leader in smartphones, it also makes the tower chips and infrastructure that make them work for carriers. wireless.

To that end, just this week, AT&T announced that it is taking pre-orders for its first consumer 5G device, which happens to be the Galaxy Note 10+, the 5G variant.

The big takeaway

It’s a concern for Apple shareholders, of course, although it’s not one investors might have suspected two years ago. It would certainly be beneficial if more consumers owned iPhones as the company aims to better monetize its existing user base. It can do it more and more even if the total number of i-devices stagnates.

Still, a growing user base would only help that effort.

More than anything, however, investors may want to refrain from jumping to drastic, unchanging conclusions. The advent of 5G connectivity next year and the subsequent rise of the Internet of Things will really spur a wave of replacement and upgrade purchases. It’s Samsung’s fight to lose, but never say never.

This article represents the opinion of the author, who may disagree with the “official” recommendation position of a high-end advice service Motley Fool. We are heterogeneous! Challenging an investing thesis — even one of our own — helps us all think critically about investing and make decisions that help us become smarter, happier, and wealthier.

Hide annoying notifications on iOS and Android – Which one? News

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App-generated pop-up messages can be helpful, but too many can be infuriating. If you think you’re spending too much time each day frantically scanning unnecessary alerts, it’s time to take a look at your notification settings.

Whether you’re using a smartphone or tablet, you can drastically reduce screen time just by making a few quick tweaks. You can disable specific apps or use “Do Not Disturb” mode to fully pause your device.

Read on, as we round up the best ways to manage notifications on iOS and Android gadgets.

Which? Technical support – our experts will help you get to grips with your technology

Notifications on iOS

How to View Recent Notifications on iOS

Notifications appear on your iPhone or iPad screen as soon as they arrive. If you miss one, you can check it in the notification center (pictured below left), accessible by swiping down from the top of your screen.

If you’ve received a bunch of notifications from the same app, these will be grouped together in a pile – tap the top one to reveal all the other notifications below. Swiping a notification to the left will send it on its way.

Image: Apple

Partially swiping a notification to the left reveals additional options. If you touch Manage, you can change the notification settings for this application (see above, right). Selection Deliver quietly means notifications will appear in notification center but not on your lock screen – they won’t make a sound as they pass.

You can also press See to open the application or Clear to dismiss the notification.

How to Manage Notifications on iOS

You can peek behind the scenes by tapping Settingsthen Opinion.

At the top of this screen, tap Show Previews. Here you can choose whether notification previews are shown Always, Once unlocked Where Never. Since notification previews can display private information, such as calendar appointments, you may prefer that they are not always displayed.

Image: Apple

Under the Notification style menu, you can tap an app to manage its settings individually. This is good news if you want one rule for your most-used apps and another for the ones you rarely interact with.

At the top of this page (pictured above), you can toggle notifications on and off using the switch next to Allow notifications. Below Alertsyou can customize the type of notifications you will see for this app – uncheck Lock screenfor example, if you don’t want notifications from this app to appear on the screen when your phone or tablet is locked.

You can also tinker with the sounds and badges (the red spots that are on the icons if you have an unplayed item), or tap Show Previews and select Always, Once unlocked Where Never for this specific application.

Do Not Disturb Mode on iOS

If your device has a home button, you can open the Control center by swiping up from the bottom of the screen. On a device with Face ID, swipe down from the top right corner of the screen.

By tapping and holding the crescent moon icon, you can select a duration and choose when your alerts start beeping and buzzing again (see below left). Try Do Not Disturb mode if you want to enjoy your lunch break without having to peek at annoying work emails.

Image: Apple

You can also try touching Settingsthen Do not disturb (shown above, right). Toggle the Program switch on, for example, then select From and AT times to automatically switch to Do Not Disturb at a specific time each day.

Selection Dark lock screen on the same page sends all your notifications to the notification center, in Do Not Disturb mode, rather than displaying them on the screen.

Notifications on Android

How to View Recent Notifications on Android

How you get to notification settings varies depending on the device you’re using and the version of Android it’s running. But most devices work the same way.

In most cases, notifications will appear at the top of your screen when you receive them. Review recent notifications by opening the notification panel – this is usually done by swiping down from the top of the screen (shown below).

Image: developer.android.com

You can dismiss individual notifications by swiping them up. On newer Android devices, long-press a notification to reveal some quick settings, including the ability to completely disable notifications for the app.

On older devices, partially swiping a notification to one side will reveal a cog icon – tap it for similar quick settings.

How to Manage Notifications on Android

To start, press Settingsthen Apps and Notificationsthen Opinion. From here, you can manage notification settings for each app by tapping See everything from the last 7 days (new models) or App Notifications (older models), then tap the desired application.

At the top of this page, you can enable or disable all notifications for any app. Depending on the app, you may be able to enable or disable specific types of notifications.

To hit Settingsthen Apps and Notificationsthen Opinion for a few more settings. By default, all notification content will be displayed on your lock screen, but you can choose to limit them if you’re concerned about privacy.

On newer Android models, you can disable Sensitive Notifications or press Lock screen notifications and choose Show only alert notifications Where Do not show notifications if you prefer to block them all.

For people using older Android smartphones or tablets, tap on the lock screen and choose Hide sensitive notification contents Where Do not show notifications if you prefer.

Do Not Disturb Mode on Android

You can quickly enable or disable do not disturb mode on most Android devices by opening the quick-adjustment plate – this is usually done by swiping down from the top of the screen, but you may need to swipe down again to see the full selection of quick settings icons.

Press the Do not disturb icon. On older devices, you can choose between three different modes: Priority only (indicated below), Alarms only Where total silence.

Image: developer.android.com

For more options, go to Settingsthen Ringthen Do not disturb (Where Do Not Disturb Preferences on some models). The options will depend on your device. Either way, you’ll find options to automatically set your phone to Do Not Disturb mode at specific times.

On newer handsets, touch Schedules. On older ones, scroll down to Automatic Rules.

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Minimum Credit Score Required to Buy a Home | Welcome Guides

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Through Updated on June 17, 2017

Your credit score is just one of the factors your mortgage lender will use to determine if you qualify for financing. The problem is that each lender uses different methods to determine your creditworthiness. Thus, in some cases, a minimum score is difficult to determine for conventional loans. In other cases, particularly where the loans are underwritten or insured by government agencies, there are minimum credit scores to qualify.

Acceptable grades

The score your lender will accept for a conventional loan can be determined by many factors, including your payment history, salary history, current salary, available credit, scores other lenders accept, and the current economic climate. Cornett Communications reports that even in times of economic crisis, a score of at least 650 will allow you to access funding.

Fannie Mae

Fannie Mae is one of two government-backed mortgage companies; Freddie Mac is the other. Independent lenders take a lot of inspiration from what these two organizations do. According to the Washington Post, Fannie Mae increased its minimum credit score for conventional loans in 2009 from 580 to 620. Even if you have a 20% down payment, you can be rejected if your score is below 620. Fannie Mae also refuse a loan if more than 45% of your income is spent on debt repayment.

Government guaranteed loans

Home loans guaranteed or funded by the Federal Housing Administration and the Veterans Administration have different views on credit scores. The FHA recently changed its minimum credit score to 580, which qualifies you for loan programs that only require a 3.5% down payment. VA loans are 100% funded and reserved for serving and retired military members and their families. There is no minimum credit score to qualify, although a better credit score will get you a better interest rate.

What Your Score Earns You

Your credit score is one of the factors that will determine your mortgage interest rate. The higher your score, the better your interest rate will be. FICO, also known as Fair Isaac Corporation, posted the differences in interest rates you could pay, based on your score. If your score is between 620 and 639, considered a risky score by some creditors, you could pay an interest rate of 5.718% on a $300,000 30-year conventional mortgage. In mid-August 2010, if your score is at the high end, 760 to 850, your interest rate could be 4.129% on the same loan. A score of 650 can earn you a rate of 5.172%.

Addressing Your Credit Score

If your credit score isn’t qualifying you for a home loan now, there are things you can do to improve your score, which are updated on a monthly basis. Make sure all your bills are paid on time; late payments lower your score. Repay your credit balances; Maxed credit accounts can also hurt your score. Also, regularly check your credit report for errors. This is one of the easiest ways to improve your score. If you find errors on your report and you can prove that they are errors, the credit bureau is required to remove them.

Auto loans for people with bad credit and no co-signers exist

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You can get a bad credit car loan at your local dealership, but what about a bad credit car loan without a co-signer? AT Auto Express Creditwe can get you approved in minutes.

Only a few years ago, Auto lenders required you to have a good to perfect credit score to get approved for an auto loan, and if you didn’t have good grades, you better have a big down payment and a co-signer ready to go. These days, some lenders are loosening the reins and offering bad credit car loans to people who don’t have a co-signer. And no, it’s not too good to be true!

A cosigner is usually a family member or friend of the person who needs a loan but doesn’t have the credit to get one on their own. The co-signer must have a better score than the main applicant and be able to balance their bad credit score. This person will be added as a co-buyer on the loan agreement, and if the primary borrower cannot afford the payments, the co-signer then becomes legally responsible for repaying the remaining balance on the loan. All timely and untimely payments are flagged to both parties’ credit reports and will help – or hurt – their scores depending on whether the payments are made on time or not.

Where to get credit car financing without a co-signer

In most cases, when someone starts the auto finance process; they go straight to their local car dealership, choose a car and apply for the loan. When you have bad credit and don’t have a co-signer, the process is somewhat different. With damaged credit, the first thing to do is apply for pre-approval online. This lets you know exactly how much you can be approved for and gives you peace of mind knowing you won’t be turned down at the dealership.

You should work with dealerships that offer in-house financing, not a third-party finance company. These dealers are able to build a loan for just about anyone, regardless of their credit history. Although they suggest having a co-signer for your own benefit, they don’t need one and you will find the process much easier.

These dealerships are often referred to as buy here, pay here (BHPH) or rental car bundles with an option to buy. Often, they won’t even do a credit check on you, and as long as you have a deposit, you’ll be approved. The biggest drawback you will encounter with these dealers is that, because they don’t pull your credit report to approve you for the loan, they also usually don’t report your payments to the credit bureaus. This means that in a few years, when you’re looking for a new car loan, you’ll have to go to the same dealership – unless of course you’ve taken out a secured credit card or some other type of financing to build up your credit.

Why these bundles are useful for bad credit buyers

The best thing about financing a used car from a Buy Here Pay Here car dealership is that it guarantees your approval. All they want to know is that you earn money to pay your car bill. They don’t care what your credit report says and therefore they also don’t care if you have a co-signer on the loan.

The other benefit of BHPH dealerships is that they will work with your payroll schedule to make payments more affordable for you. This is extremely useful because:

  • Car buyers with bad credit experience higher interest rates
  • Your payouts will be higher without a co-signer

If you don’t – or can’t – make a lump sum payment each month, you can opt for weekly payments that fit your job pay schedule.

Co-signers can reduce your payments

Let’s say you have someone who is willing to co-sign for you, but you don’t want to ask them to take on such a big responsibility. You may want to rethink this decision. Having someone else on your loan with a good credit score has many benefits for you. For example, you will experience:

  • Lower monthly payments
  • Lower interest rates
  • Better chance of approval

Having a cosigner will give you a better chance of being approved for a traditional dealership, and when you have a higher credit score on your application, you’re likely to receive a lower interest rate. This will not only make your monthly payments more affordable, but will also reduce the total cost of the vehicle over the life of the loan.

Can you finance new cars with bad credit and no co-signers?

While new cars are shinier, prettier, and tech-cooler, they’re also more expensive. This is why it is suggested that buyers who have poor credit ratings look at used vehicles rather than new ones. It’s not that borrowers with bad credit don’t deserve to drive a nice new car, but because of the higher interest rates they’ll incur on the loan, a cheaper used car is more affordable.

The last thing you want is to end up with worse credit scores because you started missing payments on your new car loan because it’s just too expensive. You can find a nice, low-mileage, lightly used vehicle that fits your budget perfectly and can be instantly approved without the need for a co-signer, and you’ll be just as happy, if not happier.

As we see

Experiencing bad credit is never something to look forward to, but you shouldn’t let it ruin your financial life either. If you’ve learned from your past mistakes, you can get into a great used car on your own without the help of a family member or friend. You don’t need to have a co-signer or impeccable credit to qualify.

AT Auto Express Credit, we’ve been helping people with damaged credit find a dealership in their area that will approve them for a car loan for over 20 years. Get started today, use our online car loan application to get pre-approved. We’ll then schedule a meeting with the CFO of one of our partner dealerships near you, and you could be driving away in your new car tomorrow!

The Best Algorithm for Essay Writing

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Don’t rush to think that writing an essay is a completely meaningless job that you will never need. Nowadays, when you enter a university, the professor will almost instantly ask you to write a paper. Also, sometimes you don’t know where to start this task. Here we will help you since no one else could or wanted to.

In this article, let’s talk about such a popular literary genre as an essay. After all, in the relevant specialties, students quite often write essays. So, here are our handy tips on how to prepare an https://edubirdie.com/essay-writing-help-online article and where to start.

What is an essay?

The theme is an author’s prose composition of small size and free composition. The French word “essai” means “test”. The purpose of the article is to express the thoughts, ideas and opinions of the author on a particular topic. For example, you can write an essay about an article, an artwork, or even about yourself. The content of the article is free and, as already mentioned, does not claim to provide in-depth research on the subject. In a way, it is both a literary theme and a philosophical treatise in one.

How to write a dissertation: basic principles and practical advice

Let’s say it right away: a one-size-fits-all approach to creating essays is rare and often unacceptable. As a general rule, to prepare an article, you need to find an approach. So check out the tips that might be useful for your academic writing.

The first advice: read the themes of other authors

It will help you develop your style. After all, an essay is not dictation, and writing will require a sense of style on your part if you really want to write well. According to experts, the form of presentation of a good essay can be characterized as emotional, expressive, artistic. Think about the subject, the structure and the plan of the work.

The second advice: study the literature on a given subject

It has already been said that the essay is a creative article and involves the presentation of thoughts on a particular topic. The paper should generally be written for a reader who has at least a minimal idea of ​​the issue under consideration. Otherwise, when writing, you will drown in details, descriptions and explanations. Therefore, to write about something comprehensively, one must know as much as possible about the subject matter. Formulate the thesis statement and your argument.

The third tip: think about the structure and plan of the essay

The academic document may have a different structure. The only formal rule when writing it is the presence of the thesis statement. Nevertheless, the most famous composition of the essay is as follows:

  • Title,
  • Introduction,
  • main body,
  • Conclusion,
  • List of references.

Here, the thesis is the author’s own idea, and the argument is his justification. If you’re looking for a cliche on how to complete an essay, then here it is.

Fourth advice: do not “overload” the paper

Brevity is the soul of wit. Of course, everyone has their own style, but sentences that are too long can prove too tricky for the reader and even for the writer, in the end. A competent and clear presentation of your thoughts is the key to success.

The fifth tip: be honest with yourself

You don’t have to make it up or take credit for other people’s thoughts. Write naturally, and your paper will only benefit. It is also recommended to study the example of the summary.

So, here you have tips on how to write essays from different professional writers. This, of course, is not a step-by-step instruction on how to write an essay. Essay is a creative task, and such an approach is unlikely to be relevant. However, it can be said with certainty that beginners should immediately learn these tricks and use them without a shadow of a doubt. If you have additional questions or doubts while drafting, remember: you are not alone and you can always seek professional help.

Writing an essay promotes the development of creative thinking, the ability to express thoughts, and the thinking process in general. Increased practice will help you learn to formulate your ideas correctly, highlight causal relationships, and support your argument with appropriate evidence or examples. Maybe in the future you will write a great novel. In the meantime, feel free to sit down for your first try!

Dayton Metro Library program will provide four months of internet access to 800 homes

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DAYTON, Ohio (WDTN) – The Dayton Metro Library announced Wednesday that it has launched a program to provide 800 local homes with free internet access.

The library is accepting applications for the “Get Connected” program until February 27, or until the maximum of 800 households is reached.

DML said the service will cover the cost of Spectrum broadband service and equipment for four months. After this time, participants may transfer the service to their own name or terminate it. Those who choose to transfer service may be eligible for reduced rates through Spectrum’s Internet Support Program.

“Not having Internet access at home is a real disadvantage in today’s world,” said Megan Cooper, DML Development Manager. “Students are trying to learn remotely, adults may be looking for work and many households are struggling to make ends meet. Get Connected will help people get the home internet service they need.

Cooper said the program can also benefit people who have been barred from internet service due to bad credit or overdue bills.

The initiative was made possible through a grant from the Institute of Museum and Library Services and CARES Act funds.

To apply, visit www.DaytonMetroLibrary.org/GetConnected.

Why DraftKings Stock was removed on Thursday

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What happened

DraftKings (NASDAQ:DKNG) was another casualty of the stock market’s no-hit Thursday. Investors seemed to have a particular disdain for companies that have flown high so far this year, and DraftKings — still up a staggering 255% so far, even after the day’s decline — is a prime candidate.

So what

Mr. Market was in no mood to rejoice over good news. It was too bad for DraftKings, because he had something very positive to report.

Image source: Getty Images.

The company announced it had landed the Chicago Cubs as the team’s “official sports betting and Daily Fantasy partner” in a multi-year deal, the terms and price of which have not yet been announced. been disclosed.

Ultimately, the company aims to set up a sportsbook – that is, a sports betting venue – right at the team’s hallowed home of Wrigley Field. Such a facility requires city government approval, even though gambling on sporting events is legal in Illinois, and the company already operates a sportsbook in the state.

Now what

It’s encouraging that the still-young DraftKings have managed to team up with such a big name in professional sports. It’s not the first time: The Cubs’ announcement comes on the heels of news that Michael Jordan will serve as a special adviser to the company’s board of directors.

So while DraftKings is certainly an expensive investment, especially given its sky-high valuations, the obviously determined and dynamic company didn’t necessarily justify the sell-off it suffered on Thursday.

This article represents the opinion of the author, who may disagree with the “official” recommendation position of a high-end advice service Motley Fool. We are heterogeneous! Challenging an investing thesis — even one of our own — helps us all think critically about investing and make decisions that help us become smarter, happier, and wealthier.

What is high credit on a credit report?

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Your credit score may seem like some mysterious number out of nowhere, but that’s only because such a wide range of factors come into play. FICO scores, for example, consider five different categories, including your credit history. payment, amounts owed against your credit limits, age of credit history, new credit, and credit mix.

It’s no wonder credit scores are confusing and unpredictable when you consider all the details and how they change over time.

But some factors are much more important than others. According to myFICO.com, your payment history is the most important factor in your credit score, accounting for 35% of your final score. The next step is knowing how much you owe against your credit limits, also known as usage. This factor still accounts for 30% of your score.

But how do you manage your credit now isn’t the only factor that determines your score. Sometimes even past tense usage can come back to haunt you, and that’s the case with “high credit.”

What is high credit?

A high credit may also be referred to as a “high balance” or “original amount”. This figure is the highest monthly balance you owe on a specific credit card account or loan during a given period, as determined by the bank.
How? ‘Or’ What
Believe it or not, that high amount of credit could impact your credit score, even if your current balances are much lower now.

How is high credit calculated?

Banks and credit card issuers often determine high credit using their own set of criteria. When it comes to credit cards, high credit can be the highest balance you’ve had on your credit card in the past 12, 24, or 36 months. With auto loans, personal loans, and other non-revolving accounts, the high credit amount is the original amount you borrowed on your loan.

How Does High Credit Affect Credit Score?

In many cases, high credit does not come into play. In most cases, the highest balance you have on a credit card only counts when your credit limit is not mentioned in your credit report. In this case, your high credit amount will be replaced by your credit limit using the FICO scoring method. And this is where things get complicated.

Imagine for a moment that you have a credit card with a limit of $20,000, which you used to pay for $4,000 in new appliances several months ago. You have been able to pay off $1,000 of the balance since then, but you still owe $3,000. If your high credit amount of $4,000 was listed on your credit report as a credit limit, your current usage of that credit card would be 75% using the following formula:

Current credit card balance / high credit = usage

This is far from reality since your usage would be considerably lower if your actual credit limit ($20,000) were taken into account. In this case, your usage would only be 15%.

Given that credit reporting agency Experian recommends that you strive to keep your usage on individual accounts below 25-30%, it’s no wonder that high credit can damage a credit score. in the scenario above. Experian also notes that consumers with the best credit ratings keep their usage below 10% in most cases, so that’s something to keep in mind.

What to do if there is high credit on your report

If you think high credit might be hurting your credit score, there’s a way to find out. Go to AnnualCreditReport.com and get a free copy of your credit reports from all three agencies – Experian, Equifax and TransUnion. From here, you can check to see if your high credit amount is being reported for the accounts in question, or if your actual credit limit is being reflected as it should. If you don’t know which one is used, you can read more about how to read a credit report. And if you find incorrectly reported credit limits on any of your credit reports, you should take immediate action to dispute those errors with the credit bureaus to prevent them from negatively impacting your credit score.

Dow Jones collapses as IBM quits facial recognition, Apple to unveil custom Mac chip

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After a long rally motivated in part by the optimism surrounding the reopening of the US economy, the Dow Jones Industrial Average (DJINDICES: ^ DJI) gave ground on Tuesday. The Dow was down about 0.9% as of 10:45 a.m. EDT.

Actions of International Business Machines (NYSE: IBM) Underperformed after the company announced it was pulling out of the facial recognition business over ethical concerns. During this time, Apple (NASDAQ: AAPL) the stock managed to win following a report that the tech giant will reveal a custom chip for its Mac computers later this month.

IBM takes a stand on facial recognition

IBM is a major player in the artificial intelligence market. The company claimed a 9.2% share of the global artificial intelligence market in 2018, according to IDC data, making it the leader in a $ 28 billion industry.

Image source: Getty Images.

While AI is a critical growth area for IBM, the company won’t put growth ahead of ethics. IBM CEO Arvind Krishna sent a letter to Congress on Monday announcing that the company had completely withdrawn from the facial recognition business.

“IBM no longer offers IBM general purpose facial recognition or analysis software. IBM strongly opposes and will not condone the use of any technology, including facial recognition technology offered by other vendors, for mass surveillance, racial profiling, human rights violations and abuses. fundamental freedoms, or any other objective that is not in accordance with our values ​​and our principles of trust and transparency, ”the letter read.

CNBC reported that IBM’s facial recognition business was not a major source of revenue for the company, but that the U.S. government was a major customer. Krishna’s letter also included specific policy proposals related to police reform and education programs.

IBM stock was down about 2.9% on Tuesday morning. Shares of the tech giant have now slipped about 17% from their 52-week high.

Apple could launch custom Mac chips this month

Apple has long designed its own chips for the iPhone and iPad, and these chips have helped Apple keep its mobile devices at the top of the performance charts. Smartphones have been powered largely by chips based on the ARM instruction set since the devices first appeared, and Apple’s chips are no different.

In the PC market, both Intelligence (NASDAQ: INTC) and Advanced micro-systems design chips based on the x86 instruction set. Apple Mac computers currently use Intel chips, and the macOS operating system and all software that runs on Macs is compiled and optimized for x86. For this reason, switching to an ARM-based custom chip for Mac is not a straightforward matter, requiring developer buy-in and possibly some form of emulation for older applications.

Despite the challenges, Apple plans to move away from Intel. Bloomberg said on Tuesday that Apple will announce its new Mac processor at its annual developer conference, which begins later this month. Macs using the new processor, which is based on the processor Apple uses for its iPhone and iPad, will be available in 2021 as part of the plan. New Macs will still run the macOS operating system, not Apple’s mobile-only iOS operating system.

It can take years for Apple to wean itself off completely from Intel, especially when it comes to high-end Mac devices, which require world-class performance. But the move will give Apple even more control over its devices. Apple shares were up about 1.5% in the morning.

This article represents the opinion of the author, who may disagree with the “official” recommendation position of a premium Motley Fool consulting service. We are motley! Challenging an investment thesis – even one of our own – helps us all to think critically about investing and make decisions that help us become smarter, happier, and richer.

Best Cheap Auto Insurance in Texas 2022 – Forbes Advisor

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Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors.

Finding Cheap Auto Insurance in Texas

Not everything has to be big in Texas. You can certainly find a relatively low price for auto insurance by finding the right companies. We evaluated the rates of 10 major auto insurance companies in Texas to find the best rates.

Cheap car insurance in Texas for good drivers

No accident or ticket on your driving record? We found that Texas Farm Bureau and Geico auto insurance offered the lowest prices for good drivers among the insurers we reviewed.

Cheap Car Insurance In Texas For Speeding Drivers

A Texas speeding ticket could result in higher rates depending on the insurance company. If you have a speeding ticket on your record, check the Texas Farm Bureau, Geico, and State Farm auto insurance for better prices.

Cheap car insurance in Texas for injured drivers

Texans who cause someone else in a crash with injury will pay an average of $ 740 more per year than drivers with good records. But just because you’ve been in a car accident doesn’t mean you have to settle for high rates. Shop around and get quotes from the Texas Farm Bureau and State Farm.

Cheap Texas Car Insurance For Drivers With A DUI

Texas auto insurance companies don’t gamble when it comes to a DUI. Rates have climbed on average by about $ 1,240 per year for drivers with DUIs on their records. Geico, State Farm, and Farmers auto insurance are some of the cheapest options among the insurers we’ve reviewed.

Cheap Texas Insurance For Drivers With Low Credit

Having bad credit in Texas can also cause insurance problems. Insurers view drivers with low credit as a higher risk, which can mean higher rates. If you have poor credit, shop around. Texas Farm Bureau and Geico had the best rates among the insurance companies we reviewed.

Cheap car insurance in Texas for drivers without insurance

Driving without auto insurance in Texas can result in higher rates. This is because auto insurers see an interruption in insurance history as a higher risk. Texas Farm Bureau, Geico, and State Farm had the best rates for drivers without auto insurance in our analysis.

Cheapest Vehicles For Auto Insurance In Texas

You can potentially save on auto insurance depending on the type of car you own. In Texas, the Honda CR-V LX, Subaru Forester 2.5i, and Hyundai Tucson SE are among the most affordable insurance options, based on the average prices of the top 50 selling 2021 models. The 20 cheapest are below.

The vehicles with the most expensive auto insurance in Texas among the popular models are the Tesla Model S Performance ($ 3,346 per year) and the Lexus ES 300H ($ 2,230 per year).

Related: The most expensive and cheapest cars to insure nationwide

Compulsory auto insurance in Texas

Liability insurance helps solve your problems if you cause a car accident. It pays for injuries and damage you cause to others, but only within the limits of your policy. If you have purchased low level auto liability insurance, you can still be sued by others for their accident bills that exceed your insurance limits.

Car owners in Texas should purchase liability insurance with at least:

  • $ 30,000 for bodily injury to a person
  • $ 60,000 for bodily injuries to several people in a single accident
  • $ 25,000 for property damage in an accident

These amounts will not be enough if you cause a costly car accident. Medical bills for several people, for example, can quickly exceed $ 60,000.

Protection against injuries

Texas auto insurance policies will automatically include $ 2,500 in Injury Protection (PIP), but you can reject it in writing. PIP insurance pays the medical bills for you and your passengers, regardless of who caused the accident.

If you have good health insurance, you might consider rejecting PIP. But be aware that the PIP also covers expenses that health insurance does not cover: 80% of the salary you lose due to the accident and “replacement services” for tasks such as childcare. .

Medical bills and lost wages can quickly exceed $ 2,500. You may want to increase PIP coverage to $ 10,000 or more.

Medical payment coverage

Medical Payment Insurance (MedPay) is also available in Texas. Like PIP, it pays the medical bills for you and your passengers, regardless of who caused an accident. It will also pay if you were injured in someone else’s car or while walking or cycling.

But MedPay does not cover lost wages or replacement services, like PIP does.

Coverage for uninsured / underinsured motorists

There will always be drivers who have little or no insurance. You can build a defense against them with uninsured and underinsured motorist coverage. This will pay off your medical and auto repair bills. It also pays if your accident is caused by a hit and run driver.

Texas auto insurance companies must offer you coverage for uninsured motorists, but you can decline it in writing.

What else should I have?

There are a lot of situations where you would like extra coverage. Flooding is a major problem in Texas. More than 637,000 vehicles were damaged in Texas by Hurricanes Harvey and Irma in 2017, according to the National Insurance Crime Bureau.

If your car is damaged or destroyed in a flood, full coverage will pay.

Collisions and Full Coverage cover many other situations including auto theft, hail, fire, falling objects, vandalism, and collisions with animals and birds.

They are generally required if you have an automobile loan or lease.

Summary: Compulsory auto insurance in Texas

Can I show my insurance ID card from my phone?

Texas allows you to use your phone to show your auto insurance ID card. Many auto insurance companies have free mobile apps that give you access to your insurance ID card.

Factors Allowed In Texas Auto Insurance Rates

Auto insurance companies typically look at your driving record, past claims, vehicle model, and other information when setting your rate. In Texas, companies can also use these factors.

How many uninsured drivers are there in Texas?

According to the Insurance Research Council, about 8% of Texas drivers do not have auto insurance. If an uninsured driver hits you, you try to sue them for payment. Or you can use your uninsured motorist coverage for injuries and / or your collision insurance for auto repairs.

Penalties for driving without auto insurance in Texas

If you are caught driving without insurance, you can be fined $ 175 to $ 350, plus an additional $ 250 on your license for three years.

When can a vehicle be totaled?

A car is considered totaled in Texas when the damage exceeds 100% of its actual dollar value. It could happen as a result of an accident, flood, fire or other cause.

If someone else crashes into your car and totals it up, you can make a claim with their liability insurance or use your own collision insurance. If you destroy your own car or if it is washed away by a flood, you can use your collision insurance or property and casualty insurance, depending on the cause.

Resolve insurance issues

The Texas Department of Insurance offers help with insurance matters. They are also officially responsible for receiving complaints. If you have an unresolved problem with your insurance company, contact service.

Methodology

To find the cheapest auto insurance companies in Texas, we used rates from Quadrant Information Services, an insurance data and analytics provider. Rates are based on a driver with a clean criminal record insuring a Toyota RAV4 with $ 100,000 of bodily injury liability coverage per person, $ 300,000 per accident and $ 100,000 of property damage liability, coverage for uninsured motorist and any other coverage required in the state. The rate also includes collisions and comprehensive risks with a deductible of $ 500.

The companies assessed for Texas were Auto Club, Allstate, Farmers, Geico, Loya, Nationwide, Redpoint County Mutual, State Farm, Texas Farm Bureau, and USAA.

New Debt Rules Mean Your Credit Card Could Be Frozen – Which One? News

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The Financial Conduct Authority (FCA) has warned banks not to unfairly suspend the credit cards of those trapped in persistent debt.

Starting in February, lenders will be able to freeze credit cards and set up repayment plans for borrowers with debt who don’t pay more than the monthly minimum.

There is concern that these new rules will lead to widespread card cancellation, although regulators have said that was not the goal.

The FCA has written to the banks urging them to consider other measures to help customers write off their debt.

Here, we take a look at what happens to credit cards and the best ways to pay off your credit card balance.

Why would banks cancel credit cards?

Regulators want to help people trapped in what is called “persistent debt”. This means that they pay more interest, fees and charges than the amount they pay on their balances.

The FCA estimates that there are three million people in this position in the UK. On average, these borrowers pay £ 2.50 in interest and fees for every £ 1 of debt repayment.

Banks are now forced to send letters to customers who have been in debt for 18 months, warning them of the cycle they are in.

18 months later – so after three years in total – credit card providers must offer customers a way to pay off their balance over a reasonable period of time.

This could be by reducing or removing interest rates or fees. However, your lender has the option of putting your card on hold to prevent you from borrowing more.

“Objectively justifiable reason”

Acknowledging fears that banks will block credit cards, the FCA said that “businesses are not allowed to suspend a credit card without having an objectively justifiable reason.”

He also advises businesses to create payment plans that customers can afford. If a plan is offered to you that seems unaffordable, let your lender know. The FCA says it “will not hesitate to take action” if it finds that lenders are not offering appropriate assistance.

How to erase your credit card debt

If you yourself are in persistent debt or want to pay off long-standing credit card debt, it’s best to pay off more than the minimum amount each month.

It’s much more expensive in the long run if you only make the minimum repayments.

Since the minimum payments mostly cover interest and fees, only a very small amount is actually used to pay off your debt. And because minimum payments are charged as a percentage, they will go down as your debt goes down, which means it’ll take you even longer to pay it off.

Avoid this by choosing and sticking to a fixed amount to repay each month.

Here is an example of the difference it can make, based on a credit card with 19% interest APR on £ 3,000 debt, assuming there are no expenses. additional:

Monthly repayment Time to pay Interest paid
Minimum refund from £ 74 and decreasing over time 27 years and seven months £ 4,192
£ 74 per month Five years and two months £ 1,576
£ 108 per month Three years £ 879

Source: FCA

In this case, if you continue to pay the initial minimum of £ 74 per month, rather than accepting the minimum as it decreases, you could save over £ 2,000 in the long run. And you would be debt free over 20 years ago.

You can use our credit card refund calculator to see what difference a fixed payment could make to your credit card balance.

You can also apply for an interest-free balance transfer credit card. If accepted, you would not pay any interest on your balance for a set period of time, although minimum payments are still required. The longest currently is 29 months.

To help you choose the best card, read our credit card provider reviews, which combine real customer and expert feedback. To analyse.

If you are unable to make the minimum repayments, seriously consider seeking help from a debt specialist, for example from the charity StepChange.

Why Accenture Stock grew 24% in 2020

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What happened

Accenture (NYSE: ACN) shareholders beat a booming market last year. Their stock gained 24% in 2020 compared to the 16% increase recorded by the S&P 500, according to data provided by S&P Global Market Intelligence.

Stocks followed the broader market closely for most of the year, but ended on a particularly strong note.

Image source: Getty Images.

So what

The business of the consulting giant has seen only a modest impact from the pressures of COVID-19. Global revenue increased in the fiscal third quarter, which ended at the end of May, driven by stable consulting revenues and higher sales from the outsourcing segment. Accenture’s profitability was also maintained at 11% of sales.

Accenture bolstered positive investor sentiment at the end of the year, reporting surprisingly strong sales and earnings to start its new fiscal year. Management also improved its outlook while citing record bookings for its software products.

Now what

CEO Julie Sweet and her team are now seeing sales increase 4% to 6% in fiscal 2021, up from their previous forecast calling for a 2% to 5% increase. If the global economy holds up and the industry avoids a sustained decline in corporate spending due to the pandemic, then Accenture should be able to handle another year of solid growth in its digital, cloud and security services all. by increasing direct cash returns to investors.

This article represents the opinion of the author, who may disagree with the “official” recommendation position of a premium Motley Fool consulting service. We are motley! Challenging an investment thesis – even one of our own – helps us all to think critically about investing and make decisions that help us become smarter, happier, and richer.

The most and least popular new building features of 2020

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New home features for 2020

If buying a new construction property is on your radar in 2020, you can expect a walk-in closet, low-e windows, and energy efficient lighting. These are the features builders are most likely to include in new properties this year, according to a new report.

Features that you will find in the new construction 2020

According to new data from the National Association of Home Builders, main closets and low-e windows are the features you’re most likely to find in new construction this year.

Builders also say they’re looking to include efficient lighting options, great looking rooms, kitchen islands, programmable thermostats and Energy Star appliances. Nine-foot ceilings on the first floor, front porches, and exterior lighting are also top of the list.

In the kitchen, walk-in pantries and granite countertops are likely – a smart move, given that walk-in pantries are one of the features most coveted by first-time homebuyers.

Individual ownership is on the rise, especially in these age groups

New construction features hard to find

What won’t you find in new construction this year? It would be cork flooring, ground source heat pumps and a solar water heater. These are all classified at the bottom of the list of features provided by the manufacturers.

Double toilets in the main bathroom, laminate countertops, and pet washing stations are also unlikely. Additional spaces such as solariums, media rooms, and outdoor kitchen spaces are also not at the top of builders’ lists.

According to Rose Quint, assistant vice president for survey research, new builds featured tend to vary based on several factors.

“Homebuilders make many decisions about how to run their business every day,” said Quint. “Among their most critical determinations are the characteristics to be included in the homes they build. Experience, region, trends, target audience, and many other factors play a role in a decision that directly affects their results.

How to Suspend Mortgage Payments If You’re Fired Due to COVID-19

Get today’s mortgage rates

Are you planning to buy a new construction property in 2020? Then shop around and see what mortgage rates you qualify for today.

The information on The Mortgage Reports website is provided for informational purposes only and does not constitute an advertisement for any products offered by Full Beaker. The views and opinions expressed herein are those of the author and do not reflect the policy or position of Full Beaker, its officers, its parent company or its affiliates.

4 emergency expenses to plan for in 2021

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Here’s why it’s beneficial to increase your cash reserves.

You’ve probably heard over and over again that it’s important to have money in a savings account. But if you’ve never been hit with an unexpected bill, you might not feel so compelled to spend that extra cash.

Here’s the thing, though: Life has a funny way of costing us more than we expected. With that in mind, here are some emergency expenses you might encounter during the year.

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1. Home repairs

When you’re a homeowner, there’s always the possibility that something could go wrong, whether it’s a minor issue like a leaking sink or a major issue like a leaky roof. Home repairs can be extremely expensive and you can’t always handle them yourself. As such, it is essential to have the cash on hand to hire a professional to take care of a problem as soon as it arises. Plus, don’t assume you won’t have expensive repairs just because your home is newer. Problems can arise with newly built homes as well, and although many of these homes have a warranty that covers your first year, after that you’ll be on your own.

2. Car repairs

If you own a car, you probably rely on it for getting to work, shopping, and, well, running. So, if a problem arises with your vehicle, it is imperative that you resolve it immediately. And unless you’re a mechanic or have comparable skills, you’ll need to pay for your car repairs. Remember, it isn’t always important that you do a great job in auto maintenance. You never know when you might run over a nail in the road and need a new tire – and that’s a relatively small expense. So be sure to free up funds to cover these costs.

3. Medical bills

You can be a perfectly healthy person to have an accident or get injured and land in the ER with a pile of bills. Even people with decent health insurance can find themselves forced to pay expensive medical bills, so you need to have emergency cash on hand in case this happens. After all, when trying to recover from a health related episode the last thing you need is the stress of how you’re going to pay.

4. Job loss

You never know when you might lose your job, and unfortunately in today’s economy, that’s an even more distinct possibility. While those who lose their jobs through no fault of their own are usually entitled to unemployment benefits, these benefits may not entirely replace your paycheck. That’s why you need cash in the bank to make sure you can meet your bills while you look for work.

It’s more fun to spend money than it is to save it, but the reality is you never know when an emergency fund will come in handy. At the very least, you should aim to put enough money in the bank to cover three months of living expenses. And for better protection, push yourself in to save six months. Having that cash on hand could turn an otherwise dire situation into a manageable one, so do your part to buy yourself that protection.

Homeowner’s Guide to Construction Loans

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Owning your own home is considered the seemingly elusive American Dream, but the dream can be real for you no matter what your circumstances are. Some Americans dream of keeping inherited homes that have been in the family for hundreds of years, and some Americans dream of building their own inheritance from scratch in a new home.

This dream is real for over a million Americans. The National Association of Home Builders reports that there was 1.3 million new private housing offered in the United States in 2018.

Start dreaming of pouring your own cement after learning everything you need to know about homebuilder construction loans here.

Are Owner Builder Construction Loans Mortgages?

The quick answer to this very common question is no. When you dream of building your own house, you will learn it early in the process.

To build and live in your own house, you will get a total of two loans. You will probably have to go through the bank to get them, but some construction companies offer their own forms of financing.

Some will even cover your mortgage and charge you for the next 20 years instead of a bank.

But for the most part, you will get two loans. One will be for the construction of the house and will be received through a draw period for the builder.

The second loan will be what is called the “final loan” and will be the conventional financing you would get when buying a home, such as a 20 or 30 year mortgage.

You will go through a separate qualification process for each loan.

Whether you have good credit, bad credit, or a complex income to prove, there is construction loan (s) for you.

Finance the dream in these 5 easy steps

Now that you know the basics of the homebuilder construction loan process, follow these simple steps from loan applications to moving day.

First, you will do your research on home builders. When you apply for a loan from the bank, they will want to know all the details of every corner of your new home and who is building it.

You want licensed contractors with experience.

The second step is to apply for the construction loan. Make sure you have all of your financial information.

For complex situations, have three to six months of bank statements. All your lender wants to see is that you have money in the bank. A savings reserve is useful.

Once this is approved, the third step is to build the house. The construction loan will go to the builder in a series of “drawings” or installments.

Each print is received after a certain stage of construction, such as the pouring of the foundation. You and your lender will negotiate this with your builder.

Fourth, once the house is built, the next step is to get your mortgage. After that, it’s step number five: fall asleep in your brand new dream home with the scent of fresh paint.

Start planning your dream home today

Over one million new homes are built in the United States each year. Due to advancements in technology and awareness, new home construction today is also being built to a higher standard than it has ever been in history.

Before 1970 for example, energy efficiency requirements in new homes simply did not exist. Today, all states except California use the International Universal Energy Conservation Code in new home construction.

This is why the construction of new homes today takes longer than it has in history. This is about making sure that your dream is built correctly and lasts, from scratch. Millions of people do it every year, but you don’t need millions to get the ball rolling.

Join the millions of Americans today who are planning their dream home from scratch, so you can build the best quality home for their family’s legacy today. Find out how easy it is to apply for and get construction loans for new homeowners in Arizona right here on our site.

How does a CD ladder work? – Councilor Forbes

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Certificates of deposit can be a safe way to save and grow your money. CDs offer a guaranteed rate of return at potentially higher rates than you might find with a savings or money market account.

A CD ladder is a savings strategy that involves using multiple CDs to earn interest over different periods of time. There are some benefits associated with using a CD ladder to save money.

One of the most common reasons to build a CD ladder is to avoid paying early withdrawal penalties, while still earning higher interest rates. If the idea of ​​locking your money for one to five years in a single CD is daunting, then a CD ladder may be for you.

Surprisingly, 96% of Americans are unaware of this trick to building wealth. If you’re ready to give Ladder CDs a try, here are the most important things to know.

What is a CD ladder?

To understand how a CD ladder works, here is a quick primer on CDs.

When you open a CD, you are agreeing to save your money on that CD for a set period of time. This is called the maturity period and depending on the CD it can last anywhere from 30 days to 10 years. Once your CD expires, that is, reaches the end of its term, you can either cash in the CD with the interest earned or turn it into a new CD.

Having a CD ladder simply means opening multiple CDs with varying due dates.

As each CD expires, you can decide to turn it into a new CD or withdraw your savings. Since you know when each will mature, you can plan ahead to decide what to do with the money.

One of the advantages of staging is that you have the flexibility to choose which CDs to include.

For example, you can choose to have five CDs that mature at six months, 12 months, 18 months, 24 months, and 30 months. You can open each CD with the same amount of money or put more money in some CDs and less in others.

There is also the option of opening all the CDs in your ladder at the same bank or mixing and matching CDs from different banks, depending on who offers the best interest rates. As a savings strategy goes, it’s easy to customize a CD scale to meet your needs.

Advantages of the CD ladder

There are several reasons to consider using a CD ladder to save money, rather than putting your money in a savings or money market account.

Take advantage of higher interest rates

When opening a CD account, getting the best possible annual percentage return can be one of your top priorities. Every bank and credit union is different when it comes to determining what rates to apply to CDs. But, generally, the longer the duration of the CD, the higher the APY.

Creating a CD ladder allows you to enjoy higher rates without having to put all of your money in one CD for a single period of time.

Capitalize on interest rate changes

Interest rates are not set in stone, and when rates rise, it is an opportunity for savers. By staggering CDs with varying maturities, you are able to take advantage of higher rates when they arise.

Say you have a CD maturing next month, and thanks to an interest rate hike, your bank is now offering 1.00% versus the 0.75% you were getting on your current CD. You can roll the money into a new CD to lock in that higher rate.

At the same time, a CD ladder can help protect against interest rate cuts. If rates drop and banks offer savers a lower APY, you still have the benefit of earning higher rates on longer-term CDs you’ve already opened.

Avoid early withdrawal penalties

CDs are term deposits, which means that you agree to save money on them for the duration of the maturity period. Withdrawing money from a CD before it matures often triggers a penalty, which usually means losing some or all of the interest you’ve earned so far.

Having a CD ladder with spaced out due dates can help lower your chances of triggering an early withdrawal penalty when you need access to cash. If you’ve spaceed CDs every six months, for example, you might just wait until the next deadline to make a withdrawal.

Save for different financial goals

A CD ladder can also come in handy when saving for a mix of short and long term financial goals.

Suppose your goals include saving money for a vacation and saving money for a down payment on a house for the next five years. You can use a six month CD to save for your trip, while putting money for a house in a three or five year CD.

The shorter term CD means you will be able to withdraw the money without penalty while on vacation. Longer term CD could allow you to earn higher APY on savings and grow your down payment faster.

How to build a CD ladder

Creating a CD ladder isn’t necessarily difficult, but it is good to have a plan and a few goals in mind. Building a CD ladder starts with deciding:

  • How much do you want to save in total
  • How much do you want to save in each CD
  • The number of CDs you want to open
  • Which deadlines to choose
  • Where you want to open your CDs

The most important thing to keep in mind when deciding how much to save is that ideally it should be money that you won’t need right away. This means that a CD would not be your first choice for parking your emergency savings, as having to make an early withdrawal could result in a penalty.

Then think about how you want to split that money over your CDs and how many you will open. Suppose, for example, you have $ 5,000 to save and want to open five CDs. You can add $ 1,000 to each CD so that they all have the same amount, but for different terms.

However, you can choose to distribute them for different amounts. For example, something like this:

  • CD 1: $ 250
  • CD 2: $ 500
  • CD 3: $ 750
  • CD 4: $ 1,500
  • CD 5: $ 2,000

This scenario assumes that your CDs are ordered by term and APY from shortest and lowest to longest and highest. Or, you can flip it over and put the most money in short-term CDs and the least in long-term CDs, depending on your savings goals. Running different scenarios using a CD calculator can give you an idea of ​​how your savings are growing depending on the length of maturities and interest rates.

When it comes to rates, it helps to compare what different banks and credit unions offer for different CD terms. Ideally, you should research the best CD rates for the types of CDs you want to include in your scale. This often means turning to online banks, which can typically offer higher APYs than traditional banks, thanks to their lower operating costs.

Besides the rates, be sure to check the minimum opening deposit required by a CD and any early withdrawal penalties that may apply. Minimum deposits for one-year CDs typically range from $ 500 to $ 2,500, with some online-only banks offering minimums of $ 0. Longer term CDs can have a minimum of $ 10,000 to start saving. And, of course, make sure the bank is FDIC insured.

Also check if there are maximum limits for opening a CD and if a complementary CD is an option to include in your ladder. Typically, you are only allowed to deposit money to a CD when you first open the account. With a complementary CD, you can make the initial deposit and then make additional deposits to keep your money growing.

CD scales versus other savings and investment options

The CD ladder has its advantages, but you might be wondering how it compares to other ways to save and invest.

A savings account or money market account, for example, could provide more convenient access to your savings. Federal law allows you to withdraw money from these accounts up to six times per month without penalty.

The tradeoff, however, is that you can’t earn as high an interest rate on a savings or money market account as you would with a CD. Choosing a savings account over a CD ladder can depend on how much interest you expect to earn and how often you need to dip into your savings.

While CD ladders can generate solid interest income, the potential for returns is not the same as investing money in the market. Investing in stocks and mutual funds, for example, could generate significantly higher returns when the market is doing well. This is beneficial when inflation rises, as interest rates on CDs may not always keep pace.

While this can help speed up your efforts to build long-term wealth, investing can be risky. There is no guarantee that your investments will increase in value and you can lose money if the market becomes volatile. CDs can offer more security and peace of mind.

When deciding how to save, it helps to consider the big picture and the place of CD scales in it. Different financial goals may be best served by different financial products. For example, a 401 (k) retirement account and an individual retirement account can be useful for investing for retirement. A high yield savings account might be a good choice to hold your emergency savings.

CD ladders can offer common ground when saving for the short and long term. The more diversified you are in your savings and investments, the better.

How to become a homeowner in 2021

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The homeownership rate increased by more than 2 percentage points last year, to 67.4%. And there are plenty of tenants keen to join the club, especially as mortgage interest rates have fallen to all-time lows during the coronavirus pandemic.

For first-time home buyers, the process of owning a home can be daunting. It’s a big purchase that comes with a host of responsibilities and costs. But it’s also a long-term investment that can help secure your financial future.

For some, it may take longer to achieve the American Dream – especially if you already have debt, live in an expensive neighborhood, or are just starting your career – while others may already have all the pieces in place. to buy a house. No matter how much you earn or how much you have in the bank, it’s always a good time to start thinking about buying a home.

Here we outline what you need to do to gain ownership in 2021 or beyond.

How to budget for home ownership

  • How much can you afford?
  • Create a list of needs vs. desires
  • Where can you afford a house?

Every major purchase should begin with a carefully crafted budget, which should include your debt, income, and assets. You’ll also want to realistically assess the costs associated with home ownership. How much can you afford in total for monthly mortgage payments, home insurance, taxes and homeowners association fees (if applicable). Also, be sure to leave some wiggle room for unforeseen expenses.

This will give you a clearer picture of what you can afford and how much you have available for a down payment. Our online calculator can help you determine how much home you can afford.

Potential buyers who live in expensive areas might need to get creative when it comes to buying a home.

“One option might be to find a seller who is willing to pay ‘rent to own’. In this situation, you start by renting and at some point exercise a purchase option, ”says Chuck Czajka, founder of Macro Money Concepts. “You might also be able to find a seller who would be willing to give out a private mortgage. Finding an affordable home can mean a smaller home or even a condominium.

Restoring your credit

Get your credit in order because it has a direct effect on your interest rate.

Whether you have no credit, average credit, or bad credit, getting your FICO score in the best possible shape is a crucial step in buying a home. To qualify for a conventional mortgage, you must have a minimum FICO score of 620 to work with most lenders. There are other loans, such as FHA and VA loans, with more flexible or no credit score requirements, so you can still buy a home with a lower score.

However, the second reason to improve your credit score is that you will benefit from a better interest rate with a higher credit score. The lower your interest rate, the less interest you will pay each month and for the duration of your loan.

If you need help managing your money or finding ways to improve your credit, speak with a financial advisor.

“Find someone who not only has a good reputation, but also someone with whom you feel connected,” says Peter Boomer, Executive Vice President of PNC Bank. “Someone who is willing to build a relationship with you not only helps you figure out how much you can afford, but also someone who will help you figure out how much you want to afford. “

Save for a down payment

A down payment is one of the biggest barriers to home ownership for most first-time buyers. As home prices continue to rise, so does the cost of a down payment, especially if you want to avoid private mortgage insurance (PMI). The PMI is an additional charge on top of your regular monthly mortgage payment, typically – around 0.58 to 1.86 percent of your loan payment. Homeowners who have put less than 20% down payment must pay PMI if they have a conventional or FHA loan (VA loans do not have this requirement). The charge goes away once you have accumulated 20% equity in your property.

If you have saved less than 20% for a down payment, you should add the PMI to the list of housing costs when you calculate your budget.

Most first-time buyers have to tap into savings or investments to have enough money for a down payment. Family members can also contribute to your down payment, which usually requires a gift letter. A real estate agent can help you draft this document, just be sure to include all the necessary information such as the amount of money given to you, a statement that the money is a gift not a loan and where the money comes from (current account, etc.).

Once you know how much you can put aside, you can decide to postpone homeownership until you’ve saved more. For people with less than 20% who want to keep costs down in the long run, another option is to pay off your loan faster by making higher monthly payments than required. And, if your home is rising in value quickly, you can get a new appraisal to show that the balance has fallen below 80% of the home’s value, which can also eliminate the PMI requirement.

If you’re planning to buy in a year or two, the safest place to put down your money is in a high yield savings account.

Identify the best type of mortgage for you

It is important to determine what type of mortgage you want and what you qualify for. A real estate agent can help you identify loans and lenders that match your goals and your financial situation. Now is a good time to get recommendations from friends and colleagues.

If you have a FICO score below 620, you may not be able to get a conventional mortgage. But other options, such as FHA, VA, and USDA loans, may be available. However, these loans come with certain restrictions that conventional mortgages do not have.

For example, it is more difficult to get relief with an FHA loan. This is where you need to go back to your balance sheet and compare what you have with what you need and want. Different loans offer their own set of advantages and disadvantages, so it is important to research them carefully.

Those who want to pay off their loans sooner and get a lower interest rate can opt for a 15-year mortgage rather than the traditional 30-year mortgage. A shorter term means higher monthly payments, but a lower overall loan cost because you pay less interest over the life of the mortgage.

Homebuyers on a fixed budget are generally better off with a longer loan, and they can still make additional payments on their principal if their budget allows – without the continued obligation of larger monthly payments. If someone loses their job or an urgent expense arises, they can stop making additional payments and pay only the minimum required, until they can afford to increase their expenses again later.

“I advocate taking a 30-year mortgage over a 15-year mortgage, just because the monthly payments will be lower,” Czajka said. “This way, buyers can become their home. If they decide to pay off the house sooner, they can pay a bit more in principal as they get used to the new budget.

Get pre-approved for a mortgage

Before you start shopping for a home, find out how much mortgage you qualify for. The best way to do this is to get pre-approved.

You will do this by providing lenders with detailed information about your employment history, income, debts, assets, and credit profile. The lender will verify the information you provide, including performing a credit check.

If you are pre-approved, you will receive a loan estimate showing the amount you can borrow. A pre-approval letter is a great asset when shopping for a home because it lets sellers know that you are a serious and qualified buyer.

Before signing a home purchase contract

With your pre-approval letter in hand, you can start shopping. This is the exciting part of buying a home. You can imagine the parties you’ll throw by your new pool or the long soaks you’ll take in your oversized master bathroom.

But avoid letting yourself be guided solely by your emotions, warns Boomer. It’s important to take the time and research everything from the neighborhood to schools, especially if you have a family or plan to start one, even if it’s later. As more homeowners are staying in their homes longer, it’s wise to think about what you might want in a few years.

“Don’t be in such a rush to make a buying decision. Start by investigating the region in which you wish to live. If you are considering starting a family, check out schools in the area. Look at other homes nearby to see if the neighborhood expands and prices will rise, ”Boomer says. “The last thing you want to do is buy the biggest and best house in the neighborhood. Starting with a home that needs a little tidying up can pay off later when it’s time to modernize it. Buy a house for a lower price, fix it, and sell it later later.

Learn more:

Canopy Growth: Should You Give Up or Hold On?

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All eyes were on a cannabis company based in Ontario, Canada canopy growthit is (NASDAQ: CGC) results for the fourth quarter of fiscal 2020 – especially after Aurora Cannabis (NASDAQ:ACB) upped the ante with impressive revenue growth in the third quarter. But Canopy’s results weren’t up to snuff, and investors are skeptical.

What went wrong?

Various aspects of Canopy’s fourth quarter results were less than ideal. For starters, it missed analysts’ earnings estimates by a huge margin. Net losses were also higher than expected, with adjusted EBITDA (earnings before tax, depreciation and amortization) losses amounting to C$102 million. Lower sales and higher operating expenses contributed to the losses.

IMAGE SOURCE: GETTY IMAGES.

Lower recreational marijuana sales in Canada resulted in a 13% decline in net revenue compared to the third quarter of 2020. On the positive side, revenue in the quarter was up 15% year-over-year to reach C$107.9 million, up 76% for the year as a whole.

Management said on the earnings call that their “supply chain struggled with complex products and production systems [in] a very dynamic market with changing demand and evolving consumer preferences” during the quarter.

Management’s decision to close 22 of its company-owned Tokyo Smoke and Tweed retail stores across Canada in mid-March is also impacting revenue. Those stores have now reopened, but I’m afraid Canopy may have slightly missed the surge in demand for cannabis amid the pandemic. Canada already has a shortage of legal stores – and closures during a time of continued demand could affect sales.

Strategies to reduce cash burn

When a company misses consensus estimates and reports below-average results, investors can ignore everything that’s going on behind the scenes. It may interest you to know that Canopy is working to reduce its cash burn and right-size its cost structure. For example, it exited its operations in South Africa and Lesotho and closed one of its indoor facilities in Yorkton, Canada, as management is confident that its production capacity in Canada is more than sufficient to meet the request.

To shift to an asset-based approach, it also ceased operations at its grow facility in Colombia and its farming operations in New York. Instead, it will use its existing hemp supply to produce hemp-derived CBD products for the US market. The CBD space in the United States is a growing market that is only expected to expand further as the United States Food and Drug Administration (FDA) continues to move forward in its evaluation of CBD.

These strategies could help Canopy reduce costs, which could be essential; after all, an asset-based approach helps Chronos Group (NASDAQ: CRON) surviving the pandemic with a strong balance sheet.

A year of change

Management said fiscal 2021 could be a year of transition, which could disappoint investors. Constellation Brands (NYSE: STZ) owns nearly 40% of Canopy, and under former Constellation executive David Klein, Canopy is expected to see a new organizational design, new operational programs and advances in supply chain productivity. These changes could prove to be significantly beneficial.

Watch how Aphria (NASDAQ: APHA) CEO Irwin Simon has transformed his business – I guarantee it as a solid cannabis pick for 2020. I know why investors who expected Canopy to be a market leader in the cannabis space might be spooked now, but despite the challenges, cannabis stocks did well last month; if demand holds, the long-term outlook could be fruitful. Shares of Canopy Growth, Aurora Cannabis, Aphria and Cronos gained 14%, 67%, 28% and 16% respectively in May, while SPDR S&P 500 ETF (NYSEMKT: SPY) gained 7.6%.

Ups and downs in the industry

Note that marijuana is always an evolving and volatile industry, and the ups and downs are evident. Canopy Growth continues to benefit from strong financial backing from Constellation Brands, as well as an excellent portfolio of innovative products. It recently launched its most recent phase of cannabis 2.0 products, including vapes, chocolates and cannabis-infused drinks.

The task of the management is now to develop a fast and effective strategy when rolling out these new products, which still have enormous potential to conquer the market now that demand is stronger. Cannabis-infused drinks already launched are garnering good reviews, and these innovative products may end up attracting a whole new clientele. Now, with research indicating that some cannabis strains can help fight COVID-19, the potential for marijuana industry is higher than ever.

This article represents the opinion of the author, who may disagree with the “official” recommendation position of a high-end advice service Motley Fool. We are heterogeneous! Challenging an investing thesis — even one of our own — helps us all think critically about investing and make decisions that help us become smarter, happier, and wealthier.

Nike quietly releases Kobe Bryant’s new sneaker

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Shortly after Kobe Bryant‘s tragic passing, all of his merchandise flew off the shelves, especially his legendary shoes. Nike has made the prudent decision to suspend restocking of any Kobe merchandise indefinitely.

Additionally, the sneakers that were scheduled for release in February and March have been postponed. Black Mamba fans had to pay exorbitant resale prices for any clothing or memorabilia they could get their hands on.

In a time when everyone needs good news, Laker Nation just got something to lift their spirits. Nike has quietly released the first new Kobe sneaker since January.

Nike Mamba Fury

The Mamba Fury is a “takedown” model, essentially a budget hoop shoe. It has less technical investment than more expensive shoes (including other Kobe).

This isn’t the first budget shoe to come out of Nike’s Kobe collection. Over the better part of the last decade, Nike has released several affordable shoes designed for Kobe fans; KB Mentality, Kobe Venomenon, Mamba Instinct, Mamba Rage, Mamba Focus.

Each of these shoes was more than capable of performing on the court. However, they often sacrificed the latest Nike technology to have a more affordable price (usually around $100).

These shoes are no different. The Mamba Fury closely resembles the Mamba Focus (released in 2019) in both appearance and technology.

Again, Nike opted to use a phylon midsole with a Nike Zoom bag in the forefoot for added cushioning. The traction pattern on the outsole is the same as its predecessor and will likely deliver similar performance.

The noticeable difference is a newly designed textile “upper” with a barely visible snakeskin pattern knitted into it. The new upper will allow Nike to tinker with different colorways and patterns of the new shoe.

Although Nike has played it safe with this model, there are still several key things you can count on with a Kobe shoe. It’s a lightweight, low profile shoe with minimal setup that allows for maximum feel on the court. For a closer look, you can find a great video from Weartesters on YouTube.

The Kobe logo and branding all over the shoe will make the Mamba Fury highly sought after and likely hard to find at a reasonable price. The Mamba Fury is still hanging around in some sizes on smaller websites. Currently, you cannot find a pair of these shoes on the Nike website or any of the other major retailers.

For a shoe that retails for $99.99, it’s currently over $150 on the GOAT resale app. Disassembled Kobe models never received much hype until January 2020, even now they are resold at an exponential margin.

Story

Any hoops fan and sneakerhead could give you a detailed account of the impact Kobe Bryant had on basketball shoes. After starting his career at Adidas, and a year as a sneaker free agent, the future Hall of Famer signed with Nike in 2003.

Throughout the partnership, Kobe has consistently pushed Nike in a more progressive direction. Gone were the heavy high tops, he opted instead for lightweight shoes that looked more like soccer cleats. His signature line included 11 designs that left an indelible mark on basketball and sneaker culture.

The relationship between Kobe and Nike was a heavenly match. Together they collaborated on some of the most important basketball shoes in history. His overseas fan base matched that of his supporters in the United States. His shoes became the preferred choice of many of his contemporaries in the league.

Following Bryant’s retirement in April 2016, Nike released the Kobe AD in November 2016. Strangely, and perhaps on purpose, the celebration of the first post-retirement shoe felt more like a funeral than a party.

In addition to the AD series, Kobe’s collection featured an even more expensive line of shoes called the “NXT” series, which often debuted the latest technical advancements from Nike. The AD NXT, AD NXT 360, AD NXT Fast Fit came out one after another.

The “NXT” line really pushed the boundaries of what we imagined sneakers could be. Ultralight, minimalist and sometimes without laces.

In 2018, Nike began releasing “Protro” versions of Kobe’s iconic sneakers from his playing days. “Protro” being a combination of the words “performance” and “retro”. The Kobe 1, Kobe 4 and Kobe 5 have been re-released with new upgrades to already stellar models.

Future

Prior to the events of January 26, 2020, Nike had planned to continue the process of releasing upgraded retros with the Kobe 5 Protro. Since then, several colorways of the Kobe 5 Protro that were on the release schedule have been quietly postponed.

Fans who want to get a pair of Kobe have to pay way more than the retail price of the shoes. For example, a pair of Kobe 5 Protros in the “Chaos” colorway are selling for more than double what they were worth four months ago.

As of now, the future of Kobe’s partnership with Nike is still unclear. There’s still no official word on if or when the “AD”, “NXT” or “Protro” lines will return. But with the release of the Nike Mamba Fury, legions of Kobe fans around the world can see a ray of hope.

Demand for Kobe’s shoes will be high for many years to come. If and when Nike and the Bryant family feel it’s appropriate to start mass-producing their gear again, you can count on people from all corners of the globe wanting something, anything with their name on it.

It will be interesting to see how one of the best marketing brands on the planet brings the collection of one of the most popular and influential athletes of all time to life. Kobe Bryant was a force of nature who racked up centuries of accomplishments in 41 years. His fingerprints are all over Nike, the NBA and the next generation of athletes.

Until then, if you’re able to pick up the Nike Mamba Fury online, you’ll be getting a solid, high-performance shoe that stays true to its namesake’s vision.