and will adidas drop kanye?e is elon musk's message to wall street as tesla burns another billion dollars. will speak to the ceo in a few minutes' time. matt: we are looking forward to that conversation and looking forward to the opening of stocks. take a look at the indexes down across the board with the ftse futures down .4 1%. dax futures down almost as much and cac futures not falling so substantially. take a look at treasuries. we have a 2.97 yield. not only are we getting further away, but we are trading at a stable rate. 2.9 7%. no longer approaching the 3% level. not as close as we were yesterday with 2.99 and change. will speak to the ceo in a few minutes' time. guy: we are seeing the effect of the fed clearly. asian equity markets dipping, not trading very positively. indonesia down by 2.29%. europe came back to play catch-up, the dax was trading stronger. show you what is happening in the foreign exchange markets. the peso is closed but had a big move it elsewhere you are seeing some of the emerging-m

at the same time, adidas brand grew in the u.s. by 23%. we are growing 11% on the adidas brand.nye is an important part of the adidas brand, adidas is a with alobal company strong presence around the world. we will continue to perform well. >> i hate to press you on this, but if someone makes comments that are around the issue of and implying that it was a choice, that goes beyond your average comment by an external collaborator, especially for a german brand like i got, isn't it important to become in front isn't it important to get in front of that issue before it becomes a controversy? asi have seen a conversation you have seen it, and i have not had a conversation with kanye in the past 24 hours. we are a sports company that want to change people's lives through sports, and about that we will have conversations. but i want to focus on the core of what the company is about, delivering the best ports good product in the world and having -- sports goods products in the world and having our consumers buy those products, as you can see by the results we published. on thefinal que

that's 25% off select adidas tees, tanks, shorts, shoes and more! for your family - kohl's cash for you! right now only at kohl's! mother...nature! sure smells amazing... even in accounts receivable. gain botanicals laundry detergent. bring the smell of nature wherever you are. " when better chickens are hatched, we will hatch them." it's why all of the tyson chicken that bears his name is raised with no antibiotics ever. every nugget, strip and drumstick. keep it real. keep it tyson. >>> in your news by the numbers, 61% of americans believe president trump is truthful only some of the time or less. according to a nbc news surveymonkey online poll, with stark differences along party lines. even so, trump's job approval stands at 45%, his highest ever on any nbc news surveymonkey poll. and attitudes toward same-sex marriage are quickly changing. the latest poll finds 61% of couples should be able to legally married, a sharp change from 52% years ago. >>> this image of real juice boxes. on the left are vape products made to look like them. they are wa

meanwhile, adidas has run into quarterly headwinds and it rode -- sales rose 1.79%.hat is your business flash update. it is interesting to see the overshadowing of the kanye west controversially -- controversy. it would not be easy for them to separate from him. he has single-handedly revive the love of shoes for young people. >> that is true. social media and celebrities in order to get to the marketing strategy but keeping in mind that reputation has been tarnished earlier this year. into payments,on there is a lot for them to consider now. dropg up, amazon causing a of 4%. this is bloomberg. ♪ >> paypal recoiled yesterday falling as much as 4% when bloomberg reported amazon is set to be offering discounts to they use then if online payment service, amazon pay. the senior executive editor here in the studio, new york. great to have you. now, more than 1%. was this just a knee-jerk move when we hear anything about amazon doing something new, people just panic? >> it is true. the idea that a company like painn might inflict some on little old paypal with $13 realon i

our adidas brand group in the u.s. grew at 23%, and growing 11% under the adidas brand. brand, they -- adidas is a large global company with a strong presence around the world, and will continue to perform well. >> have you had any conversations within the business in the last 24 hours about dropping kanye? >> no. ♪ ♪ >> if i show you a chart of your debt distribution, we see on the bloomberg ddis, a lot more debt coming in 2020 and 2021. nejra: there are about 30,000 functions on the bloomberg, and we always enjoy showing you our favorites on bloomberg television. maybe they will become your favorite. here is another function you will find useful. quic will lead you to our quick takes. where you can get important context and fast insight into timely topics. here is a quick take from this week. >> amazon's acquisition of whole foods highlights the explosive growth in organic food sales. the u.s. department of agriculture says foods labeled organic must be grown without synthetic fertilizers and be free of gmo's. meat must be raised from animals without growth hormone

but your owner, adidas, is committed to you. how are you turning this around?att: good news for us is in 2018, the u.s. market will be back to growth. we have seen good momentum and the rest of the world. from a profitability perspective, we have built our margins by 400 basis points. the trend is right. we are in the middle of a four-year turnaround, and it ultimately comes back to us delivering on our strategy, to refocus on our business -- on our fitness beginnings. we started as a women's fitness brand with the first ever women's fitness shoe in the early 1980's. over the last few years we recommitted ourselves to being outstanding in fitness, running, training, being a brand that motivates people to move. caroline: but it was the training and running that led declines in the previous quarter. what is turning the u.s. around, then you harness that you can ensure has trodden the same path internationally? matt: the consumer is looking for authentic stories that are relevant not only to today, but fit the brand's dna. a rich we have such history of classics.

i'm joumanna bercetche these are your headlines an own-goal for adidas shares in the german sports wear firm slip after rebook sales disappoint, but kasper rorsted says the company is making strides in china and north america. >> we grew adidas in america 23% in a market where most of our competitors don't grow so you're seeing in north america and china, we are growing the market and gaining market share >>> u.s. treasury secretary steven mnuchin arrives in beijing for tough trade talks. chinese state media says the country will not be bullied as u.s. president trump tweets it's time to level the playing field. >>> if you're a day trader get out of the stock says tesla's ceo elon musk as he lashes out at investors at an earnings call sending shares lower after the carmaker posts another quarterly loss. >>> and xiaomi outlines plans to raise $10 billion with a listing on the hang seng >>> adidas shares are under pressure even though there was strong sales growth in china and north america. the company confirmed its 2018 outlook, however weakness in its reebok brand continued falling 3%

caroline: what about your owner, adidas.hey say they are committed and there's no sale at the time. would it matter to you if you were sold? helpful for us to be part of such a powerful global company, whether from a digital or distribution perspective. our ceo, who has been on the job for almost two years, took a look at the portfolio companies of the business, but has remained committed. you will you think continue to span out? it is clearly fiercely competitive when it comes to the shoes you look at wearing at the gym. >> it is technology. we have to continue -- we have done it in the past with things like pump, dmx technology. beenlobe right shoe has awarded -- we have to stay ahead on the technology side. caroline: we will come back and hear from you in the future. thank you, indeed, president of reebok. later in the show, celtics rising. teamegendary boston sports on the cusp of the nba finals. our chat with the celtics president. ♪ >> now to a few headlines grabbing our attention. goldman sachs says tesla may need $10

still, adidas says it is committed to the future of reebok, and moved its headquarters from the bostono downtown this year. >> the spirit of the company has changed dramatically. i mean, we were always a very established shoe brown. moving down here, being in the excitement of this district, i think has the whole place feeling like a startup. feel like a startup, breathing new life into the classic, white leather sneaker. bloomberg, boston. ♪ caroline: coming up, boston has become a standout city for test driving self-driving cars. we got an inside peek at optimus ride's indoor track. that story ahead. this is bloomberg. caroline: caroline: now to our -- caroline now to our next stop on : our tour of boston techs. optimus ride. and its indoor riding track. in the race for autonomous vehicles, boston is one of a handful u.s. cities leading the charge to test self-driving cars. in 2017, the city launched a testing program of autonomous cars on public roads within the sea port district. that is where lyft's self driving car pilot kicked off in december. we got an inside look at the indoor

just a small part of the $25 billion business that adidas has. >> and we have a lot more for u..3% stay with us and seamless experience across web and tablet? do you want $4.95 commissions for stocks, $0.50 options contracts? $1.50 futures contracts? what about a dedicated service team of trading specialists? did you say yes? good, then it's time for power e*trade. the platform, price and service that gives you the edge you need. looks like we have a couple seconds left. let's do some card twirling twirling cards e*trade. the original place to invest online. they're not investing in commodities or fixed income. what people areally putting their money into is what they hope to get out of life. but helping them get there requires a real refusal to settle for average. because when you approach investing with a tireless desire to beat the status quo, something wonderful can happen. those people might just get what they wanted out of life. or maybe even more. mr. elliot, what's your wiwifi?ssword? wifi's ordinary. basic. do i look basic? nope! which is why i have xfinity xfi. it's su

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(ácommercialá) this week at kohl's get moving with adidas!at's 25% off select adidas tees, tanks, shorts, shoes and more! adidas for your family - kohl's cash for you! right now only at kohl's! because antonio villaraigosa millions got it done.healthcare he defended women's healthcare, banned military-style assault weapons, banned workplace discrimination, and more. antonio for governor. a big story we are following... things appear to be better this morning on interstate 80 in contra costa county. overnight construction on was responsible for three motorcycle accidents yesterday morning. kron 4 was the first to warn you about the potential problems that the overnight roadwork could cause for the morning commute. we had complete team coverage of the nightmare commute yesterday. aside form the accidents... a delay in reopening the road in time for the commute. now... cal trans says they are reviewing what happened to see if any changes need to be made to prevent similar problems in the future. (james)(darya)(robin) welcome back. let's get a ch

each bottom unit takes a couple of minutes to put together, all automated. >> adidas bought reebok in billion, then in 2010, began a turnaround to reposition it as a fitness brand by signing a partnership with crossfit. but reebok today is the one unit that remains unprofitable. still, adidas says it is committed to the future of reebok, and moved its headquarters from the boston suburbs to downtown this year. >> the spirit of the company has changed dramatically. we were always an established shoe brand. moving down here, being in the excitement of this district, i think has the whole place feeling like a startup. >> it does "feel like a startup," breathing new life into the classic white leather sneaker. bloomberg, boston. caroline: coming up, boston has become a standout city for test driving self-driving cars. we got an inside peek at optimus ride's indoor track. that's ahead. this is bloomberg. ♪ ♪ caroline: now to our next stop on our tour of boston techs. optimus ride. and its indoor riding track. in the race for autonomous vehicles, boston is one of a handful u.s. cities leadi

. >> adidas but reebok in 2006 for $2.8 billion and began a turnaround to reposition it as a fitnessy signing a partnership with crossfit. is the one unitbut reebok that remains unprofitable. is the one unit that remains unprofitable. still, adidas says it is committed to the future of reebok and moved its headquarters to a suburb downtown this year. adidas says it is committed to the future of reebok and moved its headquarters to a suburb downtown this year. >> the spirit of the company changes dramatically. down here and being in the excitement of the district i think has the whole place feeling like a district i think has the whole place feeling like a startup. >> it does feel like a startup, bringing new life into its classic, white leather speaker. bloomberg, boston. vonnie: later today, we will take the relationship between tech and sport to a whole new level. i will sit down with the president of reebok from none other than fenway park. i know it means an awful lot to you americans. for you toexcited get to broadcast and have the conversation. a little bit of advice from one o

this is their super bowl this is as big as it gets for nike and adidas.not in the -- if this isn't the excuse for you to buy them i don't know when. >> fifa is to sports wear as winter is to campbell's soup >> yes, it is. >> did you take your sats this morning. >> are those similes or anall geez. >> don't you think it's already in there, nike and adidas? >> i think it's fully priced in. >> nike just broke out tried to break above 70 several times. did it the other day, it's not going the stop >> 30 times earnings is high for nike this -- the world cup trade. >> don't you think that the buyers understand that that number exists and maybe there is something that is going to happen in the future that might justify it isn't that -- >> are you talking about the world cup? >> no. you cited a trailing p/e like you are the only person on earth that's in possession of that knowledge. everyone understands that it's 30 times earnings. >> i think we are both coming out on the same side here. there are different ways to invest you are technical, one of your main attri

our adidas brand group in the 11% at 23%, and growing under the adidas brand.ant part of the adidas brand, they are a large global company with a strong presence around the world, and will continue to perform well. >> have you had any conversations about dropping kanye west? >> no. ♪ ♪ chart of yourou a debt distribution, we see on the bloomberg, a lot more debt 2020 and 2021. nejra: there are 30,000 function, bloomberg, and we always enjoy showing you our favorites on bloomberg television. maybe they will become your favorite. it is another function you will find useful. to you i see go that will lead you to our quick takes -- quic g0, here is a quick take from this week. 's in the poll foods -- and hold foods -- in whole foods. foods labeled organic must be grow without fertilizers and be free of gml's. must be raised with -- must be raised from animals about growth hormones and must be grown outdoors. organic foods have nutritional benefits and can help fight cancer. that is why they sometimes spend nearly twice as much for an but ourproduct good organics he

one looks at adidas' results for the example.h of the euro makes it difficult for companies to make progress and by extension, inflation is low. francine: we are following the european commissioner in charge of monetary different -- affairs , he says inflation should increase slowly in europe. about, he did a huge mistake about 10 years ago because the -- he had to reverse an interest rate hike. how does the market enterprise withdrawing stimulus, or how does the ecb have to communicate that without suggesting an interest rate hike? would that be badly taken? james: the ecb has a material challenge. esther draghi is a master of communication with the market -- mr. draghi is a master of communication with the market so if anyone can do it, he can. in scale of the challenge terms of the absence of inflation and the stresses within the european system as evidenced by the imbalances within the target to cash interchange, is very real. tom: you are perfect to talk about this. here is the money question that links into fed day and job

the ceo of adidas joins bloomberg tv after 7:30 a.m. u.k. time. coming from they are.started to do this deal in 2016. .- coming from bayer they're saying they made major progress in regard to the monsanto acquisition. the market will focus on that, the cutoff time for doing that deal will be june 14. the phraseology that is used, age of progress on the monsanto acquisition. just think of everything that , they sold part of their business to basf. a comfortable be there and in ,erms of the adjusted ebitda 2.9 billion versus an estimate of two point seven 9 billion. of bayer joins the bloomberg team a little later on , just after 8:00 a.m.. the guidance will be down to low single-digit percentage in absolute terms. let's get to the markets in focus. of what isick it off happening in asia. we did have china just turned positive in the green. australia also positive. for the most part, asian equities at the retreat, following the u.s. lower after the fed struck a less hawkish tone and many expected. the big takeaway was the word symmetric. ready tognaling their tolerate in

well adidas has managed to nail the fashion forward trend of at leisure.rse, there's also kanye west creating a halo effect over the brand. i asked the adidas ceo about kanye's recent claims on twitter, that he's been paid more than michael jordan listen >> i don't know how much money michael jordan makes, and i think it would be inappropriate for me to disclose the details of our contract with kanye west. no doubt the brand has an impact on our overall position. in the bigger context of us being a $25 billion company, you know, a small part of our company. you need to look upon it in that context. brand, yes,ito it's a manageable size from a business standpoint. regarding income, you know, that's something between kanye west and michael jordan. >> a small part of the $25 billion brand. i'm sure that's not -- >> it's a manageable brand, yes. >> when it comes to adidas, investors have been worried about trade because sneakers and clothing are made in asia, sold in the u.s., sold all over the world. they're worried about any threatened tariffs here's what th

thisget moving with adidas! take 25% off adidas for the entire family and get kohl's cash for you!select adidas tees, tanks, shorts, shoes and more! adidas for your family - kohl's cash for you! right now only at kohl's! >>> we are back with an emotional message from john mccain. the senator fights cancer this morning we are getting a new look at what he reveals. andrea mitchell joins us now with that. >> after a lifetime serving in the military and congress john mccain is saying his long good b bye. he is at home in arizona battling a lethal form of brain cancer and effects of aggressive treatment. never at a loss for words he is taking on president trump and others that he blames for the growing lack of civility in politics. in a new memoir scheduled to be published later this month. fighting for his life senator john mccain is opening up delivering what could be a farewell address in his new book "the restless wave." i don't know how much longer i'll be here. maybe i'll have another five years. maybe with the advances they will find treatments for my cancer that will extend my l

adidas stock is up, they are doing the right thing. charles: the stock is up 230% since then. i have got to tell you something. they went with the celebrities instead of the sports stars and the economy has come roaring back. >> i don't agree with everything kanye says, but people are mission his underlying point. he's saying the democratic party has taken the black vote for granted. let's base our thought process and analysis based on his underlying point. the black community when they get past the emotions and think about political strategy, we need to be in both sides of the camp. charles: amber, you covered the media, i love your tweets and you correspond it very well. are you sensing a sea change? we know there will be built-in opposition. who came to his defense -- justin bieber i think came to con why he's defense. are you seeing more and more of that? this is a country where we pride ourselves on individual thought. >> i think the reason people are supporting kanye is base has the status and the wealth to the to be bullied. this is the same thing they do to anyone who

adidas made in indonesia. we then get the lists of indonesian subcontractors from these big brands. the factories from which we took the waste water appear on the lists including. the company is registered as one of his sub contractors it also works with other brands like unicorn. it was in the pan asia water that we found high levels of non ill for a powerful hormone disruptor. the guest x. plant and its waste with high lead levels is also subcontracted by the unique lobe rare. h n m has an office in the indonesian capital jakarta. and changes from and she. began posting. yeah thank you. to the director of asian m indonesia agrees to see us and so we made some promises. interesting specially that. the. ocean in the nation if i would like my sis in the . morning. looking at. her. and you know the world is not perfect this is of course not what we would like to see. three weeks after this interview. writes to us saying. we are sincerely concerned by the subject of your report. as the scale and ambition to lead the change towards a truly sustainable fashion industry. they claim indepe

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on the call, adidas' ceo says he doesn't see a major impact from any potential u.s.ariffs on china. >>> shares of spotify are taking a hit in the company's first set of results since its market debut last month the streaming service posted a net loss revenue was in line with foreca forecasts. spotify added 4 million new paid subscribers, bringing the total to 75 million. it expects that to rise to 79 to 83 million this quarter which is short of estimates >>> square reporting a wider first quarter loss they ramped up spending on product development and marketing. square said they would continue to invest big sums into the payment business shares are off by 5.5% >>> we are just getting started here on "worldwide exchange. on deck, we have earnings and your money we're seeing some big beats, but the stock market doesn't seem to care we're breaking down why after the break. >>> and later, love on the links. justin thomas helping a fan put together a magical marriage proposal, and it was all caught on tape. chgelddetage when "worwi exan" comes back hey, want the fastest i

the c-e-o of adidas said today...gner and celebrity ambassador. the german sportswear company has partnered with west since 2013-- he designs clothing and shoes for adidas, under theline called - yeezy.. yeezy.. in sports -- the sharks even the series with the golden knights we''ll hear from the team ahead of game -five in las vegas plus -- the warriors hit the road... golden state warriors will be looking to take a three - game lead over the pelicans friday night. our sports director, gary radnich, has all the sports coming up. you could save energy by living off the grid. completely. or... just set the washing machine to cold. do your thing. with energy upgrade california. the warriors will the warriors will be looking to take a three-game lead over the pelicans friday night. this morning golden state left to new orleans for game three. the good news is steph curry will be a starter. in game two... the two-time m-v-p scored 28 points along with five three-pointers in 27 minutes. the warriors are holding practice ton

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. >>> up next, how do you say it >> i say adidas. >> adidas falling 6% despite better than expected resultshis morning telling cnbc the company will not drop kanye west despite controversial comments about slavery this week. west has the sneaker brand and told tmz said slavery was a choice putting that aside for a minute, this story is interesting. they stole massive share on nike and others, huge in the fashion footwear space, and i just wonder whether that growth can keep going it came in at a great time to initially oversee the captiexpa and could be more difficult now. >> kanye grabbing headlines, but they reported number again, and despite growth for the adidas brand, but it was reebok on a surge, disappointing shares though, down 3%, and i think that's the reason for the move the west story is crucial to the headline brand, but before today, year to date, they were up 22%, and share price of nike up 9%. the 6% pullback, well ahead of the likes of nike and more today. >> see if there's a change there. >>> breaking news on volkswagen. phil >> wilfred, this is out of detroit where u.s. p

. >> were growing 11% under the adidas brand.-s a very time for important time for the adidas brand. was a strong presence around the world. manus: a live shot of singapore, stocks up .25%. asian stocks are climbing because you have solid u.s. economic data. tencent is absolutely on a tear, up 7%. for the moment, the equity markets remain unsettled by senior government bond yields reaching important levels. of above 3.11%. juliette saly is standing by with all the latest. totale is that it will not risk investing in iran unless they can secure a waiver. saying continuing to do business in the islamic republic would be too great a risk at the government has large operations in america and depends on the countries thanks for finance its operations. as result, it won't commit anywhere funds to advance project in which it took a controlling stake last year. it has emerged that u.s. regulators gave a senior executive at deutsche bank astern morning in march, according to people with direct knowledge of the situation, they ,ere told to

fo strong demand for nike and adidas shoes helped the retailal chain beat estimates by the most in at least two y ars. the compso benefited from its strategy to streamline its inventory. shares soared by 20% to 55.74, making footlocker the best performing stock by far in the s&p 500 today. but it was a different story for sporting goods retailer hibbett sports. theysissed both earni and revenue estimates in the most recent quarter. strong online sales were not enough to offset a decline in comparable store sales. as you might imagine, shares finished lower, the day down 15% to .$24. >>> meanwhile a drop in same-store sales caused revenue to miss forecasts at clothing tailer buckle. net income did rise and those results beat street targets. shares, though, fell nearly2% today to $25.25. >>> one of astrazeneca's cancer drugs showed promising results company said the medication improved overall survival in lung cancer patients who were given that treatment. the drug is already approved in the u.s. to treat a certain type nonsmall cell lung cancer. shares of astrazeneca were up a fraction

getting -- this morning, moving sneakers he from street to the courtroom sketchers filing against adidas president showing off hockey skills going viral coming up right here later this hour. first, this, topping our news this half an hour, tax plans starbucks executive howard schultz once called president trump's plan fool's gold at event in washington said corporate tax about instruction nothing for mills left behind complieblg. >> economically. >> having a corporate tax cut rate 21% not disruptive in terms of the tax reform on comprehensive basis that the country needed. in order to create more value for people who are being left behind. >> joining me right now galaxy digital capital management founder ceo great to see you -- >> you as well. >> thank you so much for joining us you have been a critic of this market a long time -- done incredibly well tell us how you see the the impact on markets. >> tax plan in on a buyback, apple just a few weeks 100-billion-dollar buyback stock straight up one of the disappointing for little man howard schultz talking about going to -- to shareholders

what the big deal is the north america business has been down and adidas is kicking theirs in north america. >> do you think the consumer is too distant from that. >> i think the consumer is too distant there is always disruption this is telling us they will force the wholesale to go back -- >> what does that industry lingo >> it basically means to less discounting. so we have nike going raise your prices >> they are saying over the past year you have been doing too many discounts and now you'll go back to full price that's what a lot of brands have done that's the name of the game in 2018 a all of the brands are saying now you're going to behave yourself >> is nike powerful enough to do that >> you are powerful enough to do that until business in the second half of the year is not working and retailers do what they need to do to move sales. >> it will be a beautiful day in new york >> thank you very much >> all right still ahead, incorreredible imas >>> a volcano has hawaii on high alert. that's coming up ahh... summer is coming. and it's time to get outside. pack in even more adventure wi

give her adidas sneakers or diamond earrings and get kohl's cash!fitbit and you'll get $40 kohl's cash! plus shop other great gifts storewide the more you spend the more you save! kohl's. >>> welcome back. time for the weekend outlook and of course mother's day weekend. what's more important than that? we're watching a few strong storms in the rockies. a little rain through wisconsin and michigan. by the time we get to saturday the rain strings out west to east from the northern ohio valley to southern portions of new england and on am they are's day unfortunately those same areas a little bit wet. >> all right, bill. thank you. still ahead, when you fall you get up. a panda is showing us that. if these packs have the same number of bladder leak pads, i bet you think bigger is better. actually, it's bulkier. always discreet doesn't need all that bulk to protect. because it's made differently. the super absorbent core quickly turns liquid to gel, for drier protection that's a lot less bulky. looks like good things really do come in small packages. al

give her adidas sneakers or diamond earrings and get kohl's cash!$40 kohl's cash! plus shop other great gifts storewide the more you spend the more you save! kohl's. >>> we are spotlighting rising stars in honor of asian-pacific american heritage month. today a deserving honoree is judge sophia vielo. she is the first hmong american judge to be sworn in minnesota. inspired and fearless, she emerges as a real champion for her community and is a mom for future generations of minorities. >> it's not that the person who wears the robe is important. it's that the robe itself is symbolic. our judicial system reflects the people who live here. >> for more information on sofia and more up and coming stars, check out nbcnews.com/a to z. >>> let's take you into some of that rainy forecast on mother's day. this is 10:00 a.m., a little bit of rain around cleveland. by the afternoon hours some hit and miss showers from the ohio valley into new york and new jersey. more coming up on "early today." . smile honey. this thing is like... first kid. here we go. second

like nike. >> well it's becoming much more important as that market is growing for sneakers i mean, adidasmake up half of women's sneaker sales right now. and there are other fashion company getting a piece of the pie as well. ugg, sperry, steve madden, dr. shoal's, echo on a comfort space. a lot of fashion brand are in the space. >> are we seeing other trends being influenced by the raise of sneakers when leggings were a big thing boots were selling well because they went with leggings and vice versa of the are we seeing it reinforce or give rise to the next trend >> i think it is a circular thing. the all started with the premium active wear movement about ten years or so ago. women were looking good at the gym and wanted to look good outside the gym. those brands started making casual wear. sneakers have gone from performance sneakers to fashion sneakers. >> serena williams wearing sneakers to the royal wedding. >> exactly >> thank you for coming in, from the mpd group. >> still ahead, one month check up on our stock draft. do you remember this with the first pick in the 2018 stock draf

but i see the largest customer getting bigger and a great example is citi bank another example is adidas share winner in the next generation of marketplace in sneakers and crushing the competition using our plarm. one last quest >> there is a higher demand for them to provide a great customer experience that was true with align and true with the usda with those farmers. how do you transform those experience and that is why they are turning to salesforce and seeing this growth and seeing this great return. you have to connect with your customers in a whole new way you have to know your customers like never before and customers can turn to salesforce to do that >> all right well congratulations to marc benioff chairman ceo of salesforce. >> i hope you come to san francisco. we miss you. >> this was a huge quarter to the point where it can turn around the cloud kings in tomorrow's session "mad money" is back after this it took guts to start my business. but as it grew bigger and bigger, it took a whole lot more. that's why i switched to the spark cash card from capital one. with it, i earn

in europe, big disappointments, particularly from adidas, the dax is down by a third of a percent.imilar losses across the board. on treasury yields, we backed away from the highs of 3%. on the back of the fomc decision, we lost ground here on the yield side of the ten-year note 2.95% on the tens. >>> a u.s. trade delegation has arrived now in china for tariff talks. the group is led by treasury secretary steven mnuchin and it will meet with china's vice premiere to discuss trade practices as well as intellect cal property rights and state subsidies for tech development upon arriving at the hotel steve mnuchin declined to take questions, only saying he's thrilled to be there -- actually he said thrilled to be here. thank you. the u.s. officials will remain in china until friday evening. we'll talk to a china expert from the you'eurasia group at te bottom of the hour we have mnuchin, lighthizer, who's that one guy next to mnuchin? oh, yeah the great american, larry kudlow wilbur ross is also there >>> and xiaomi is filing for a massive ipo in hong kong the smartphone maker could rai

. >> even though adidas has been beaten. >> they do well.er armour is doing well remember, i had kevin of under armour everybody laughed. it was almost like carrie where we saw a bucket of blood drop on her. but it's back. >> there's tom farley and his successor. last day on the job. stacy cunningham is taking over on tuesday >> he's been a great salesman. a great marketer of the nyc. spent a lot of time in china given how many ipos have come from that country. >> and a georgetown alumni. >> opening bell next at crowne plaza, we know business travel isn't just business. there's this. a bit of this. why not? your hotel should make it easy to do all the things you do. which is what we do. crowne plaza. we're all business, mostly. anna and a little nervous. into retirement... crowne plaza. but not so much about what market volatility may do to their retirement savings. that's because they have a shield annuity from brighthouse financial, which allows them to take advantage of growth opportunities in up markets, while maintaining a level of prot

who is an american of asian descent is wearing a hat with an adifficult disaster logo -- with an adidasist to german people? i would say this is a way to appreciate mediator other cultures. but we have individuals who think it's doing the opposite. charles: they talk about open borders and bring in people, the new could los collosus. so many people have come here and we have all gone the along pretty well, particularly more prevently. >> we learn a lot -- particularly recently. >> cultural appropriation is more ridiculous. there are occasions when people say something from a different culture to mock that culture. but this young lady defended herself grace any. she says i know the history of this dress. i appreciate it. to assume the motives gets problematic. charles: in china 92% appreciate her wearing the dress. the president tweeted this isn't some game. you are screwing with the work of the president of the united states. john dowd led the mueller probe until he resigned in march. the president is getting anxious about this. rudy giuliani said if we meet some parameters and you don'

. ♪ adidas reporting in increased sales rate.0% this year. the currency story here is amazing, and the sales growth i'm sure will be impressive for investors, of the conversation is all about kanye west, after his slavery comments. how do you interpret what he said? >> we neither, nor speculate on every single comment are external creators are making. kanye has been a very important part of our strategy and the fantastic creator. he's an important part of our brand from a revenue standpoint, it's an important part of how we promote our products in the u.s. and other parts of the world. at the same time, our brand grew an23%, so while kanye's important part of the brand, we are a large, global company with a strong presence around the world, and we will continue to perform well. >> have you had any conversation within the business about dropping kanye? >> no. ♪ ♪ chart of yourou a debt distribution, we see how you can get a lot more debt coming due in 2020, in 2021. >> there are about 30,000 functions on the bloomberg, and we alwa

was she wearing nike, adidas, no no no, we are joined now by the man behind the company that made theshoe that desiree wore to win the unbelievable boston marathon. this is it, right. >> this is the shoe. we are so proud of desiree. what an achievement for her. it was a great victory. >> i have to ask you, for elite runners, it's very psychological, but the shoe has to have something to do with it, especially considering it's been 33 years since an american woman has one. >> everything matters. details matters. it's as light as possible with protection, 26 miles of payment, she wants protection. of course, if it's not making her faster, at least it needs to feel fast for those of the three things. it's very light. >> all new material and technology, it's not something we've seen in our other shoes at this point but hopefully it will all come through the line. >> one year ago we were standing here talking about anand eventual expansion into china and we now have a trade turf war. we can put up the tariffs that are already slapped on u.s. shoes from china and most of u.s. shoes, sneaker