According to Morgan Stanley, Adidas could benefit from Nike's innovation struggles

Sports footwear fashion trends are swinging to Adidas AG’s favor, Morgan Stanley analysts say. Adidas could benefit from product innovation struggles by rival Nike Inc. Morgan Stanley says. Nike has struggled in recent years to find a way to compete with Adidas, the analysts said.

Nike picked the Palais Brongniart, the former home of the Paris stock exchange, as the venue for its most high-stakes product launch in years. Nike picks Palais to launch its first high-profile product launch for years. The Palais is the former site of the French stock exchange.

Sports footwear fashion trends are swinging to Adidas AG’s favor amid product innovation struggles by rival Nike Inc., analysts say. Morgan Stanley: Adidas could benefit from Nike's innovation struggles. Nike's product innovation has been a big problem for the company, the analysts said.

Nike Inc. picked the Palais Brongniart, the former home of the Paris stock exchange, as the venue for its most high-stakes product launch in years. Nike picked the former Parisian stock exchange as the site for its product launch. The company's new sneakers will be the first of its new products to be launched in Paris.

Bank of America Securities Analyst Lorraine Hutchinson upgrades Nike shares to a Buy rating from a Neutral rating. Hutchinson sits down with Market Domination to discuss Nike's revised growth narrative. Hutchinson: "I think it's a really exciting time for Nike, and I think they will try to capitalize on that moment"