adidas... and converse! save on nike apparel for kids' and women...converse for the family start at $34.99. plus - get kohl's cash! right now - at kohl's. you don't let a cold ruin your day. you take dayquil severe liquicaps and crush it. dayquil severe. the daytime, coughing, aching, stuffy-head, fever, sore throat, power through your day, medicine. >>> look, i'm young. i'm diverse. i'm latino let's get the hashtag going, please >> lin-manuel from "snl. >>> let's take a look ahead. >> you know the holiday weeks feel longer, right >> they can, if you're working. >> if you're working chilly warning for the northern plains scattered showers are going to continue with the fall warmth for the northeast. you're watching "ely tay 'll be right back. but some air fresheners use heavy, overwhelming scents. try febreze one; a range of innovative air fresheners with no heavy perfumes that you can feel good about using in your home to deliver a light, natural-smelling freshness. febreze one neutralizes stale, stuffy odors and releases a subtle hint of fragrance l

adidas... and converse! save on nike apparel for kids' and women...converse for the family start at $34.99. plus - get kohl's cash! right now - at kohl's. you don't let a cold ruin your day. you take dayquil severe liquicaps and crush it. dayquil severe. the daytime, coughing, aching, stuffy-head, fever, sore throat, power through your day, medicine. >>> happy monday, everyone we have the chill that's dropping down across the upper midwest and northwest. morning lows are in the teens to 20s this morning we're also watching a storm system that is starting to develop for the gulf this will be widespread rain into wednesday afternoon potential flooding through wednesday. and then the storms really make their way to the northeast then things really quiet down. let's talk about the weekend that's nice, right crisp. >> that is super early, but i guess it's never too early thanks, janessa. >>> just ahead, leaping into history, simone biles takes the world by storm, shattering a new record [♪] you want a fresh-smelling home, but some air fresheners use heavy,

adidas... and converse! save on nike apparel for kids' and women...converse for the family start at $34.99. plus - get kohl's cash! right now - at kohl's. you don't let a cold ruin your day. you take dayquil severe liquicaps and crush it. dayquil severe. the daytime, coughing, aching, stuffy-head, fever, sore throat, power through your day, medicine. >>> good morning, everyone let's get your monday going. the chill is in the air for the upper midwest. frost concerns also watching a system that's developing in the gulf it's going to cause that flooding rain and also some strong storms for the northeast by wednesday but that cool, crisp air for the weekend for the northeast, apple picking day maybe? >> sounds perfect. >> bad news for janessa. the tide turns the cowboys lose to the jets aie heavy, overwhelming scents. try febreze one; a range of innovative air fresheners with no heavy perfumes that you can feel good about using in your home to deliver a light, natural-smelling freshness. febreze one neutralizes stale, stuffy odors and releases a subtle h

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. ♪ >> adidas is the largest sportswear company in the -- in europe and second in the world. over 400 million shoes last year. the brand is known around the world as sponsoring world-class masters ofcluding beyond and [inaudible]

this is a homespun brand and doesn't have the same history nike or adidas has.ow can you create something from the ground up right now? carol: what about austin car? you keep sending him to cold places. what is up with that? joel: he is our arctic correspondent. [laughter] joel: he found this amazing story about high-speed internet in alaska. via the northwest passage. not everything is as it seems. it turns out the real entrepreneur and driving force behind the project was good at forging signatures to the tune of $1 billion in contracts. carol: a lot of signatures forged. jason: and yet, this is something that is moving ahead, a going concern even though the founder is in jail. joel: she is doing time, but turns out the idea was good and now people are able to get high-speed internet in a place they would not have had it. carol: let's get to d.c. for a breakdown of this week's presidential debate in ohio. jason: ryan teague is back with us to help us understand everything that is going on. great to have you back. a big week for the democrats and notably the fi

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we partnered with a great brand, an innovative brand with adidas, three unique designers around the world in ten days, they designed, created and produced these unique sneakers, three different colorways, and we had an ipo for 333 pairs of each sneaker, and like you said, so, this is the first time where a brand comes direct into the marketplace and allows the consumer to dictate the price that they're willing to pay for these rare one of a kind sneakers. >> people can be off the mark and still not get hurt a pair, the average is for 200, you can put in a thousand, you don't have to pay a thousand >> we had 10,000 bids. >> how many people know about this stuff. >> well, i mean, we did a lot of, we launched this last week it was open for just a couple of days we had bidders from all around the world. we already have customers from 170 countries but 20% of the bidders came from outside of the united states, a thousand placed bids on all three different pairs, and when it came down to it, you talk about the average clearing price was a little over $200 across all three, and 90% of the bidder

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adidas... and converse! save on nike apparel for kids' and women... plus - get kohl's cash! right now - at kohl's. full of tasty, good for you ingredients. fresh and filling. so that you too will be full of good. try our new warm grain bowls today. order now on grubhub. ...doesn't mean you got to spend a lot! because denny's brought back the super slam™. with eggs, hash browns, bacon, sausage and buttermilk or pumpkin pancakes. all for just $6.99. the $6.99 super slam™ is back! see you at denny's! [ cheers and applause ] >> jimmy: welcome back. still to come, morris day with snoop dogg. my current toothbrush is older than our next guest. she is up way past her bedtime to be here tonight. she stars on the newest planet in the 'ish' universe. watch "mixed-ish" tuesday nights on abc. please welcome mykal-michelle harris. [ cheers and applause ] ♪ well, hello there. thank you for coming. >> thank you! [ cheers and applause ] >> jimmy: you're 7 years old. wow. how about that? what is it like to be 7 years old nowadays? >> very awesome. >> jimmy: very aweso

its china sourcing from 50% about five years ago now to about 20% this market dominated by nike and adidasshoes from big-name athletes like michael jordan puma listing some big influencers. naming rap mogul jay z the head of puma basketball when it entered the segment last year. >> partnering with jay-z made a lot of sense to us because we believe that the basketball sports is the sport that most merges the worlds of culture whether it's, you know, the music of hip top hop or art and fashion and style of the players-let getting into basketball was very much a strategy for the u.s. market. >> and for puma, it's all about attracting that millennial consumer they're signing a partnership and apparel deal with brand cloud nine there are an estimated 63 million esports fans here in the u.s. >> they say it's been an inflexion point. frank, thanks very much. frank holland. try the creepers, frank. that's another story now, to sue herera sue. >> can't wait to hear that one thanks, kelly. here's what's happening at this hour, everyone a turkish-backed syrian opposition group says it has pushed back

why do we want to wear adidas or nike?ything to do with nike or adidas, is a german bra. that brand is connected to their heroes, celebrity athletes. when there is that status people pay a premium for the products. when i bring up estee lauder, not only something to increase your beauty and your attractiveness, people are willing to pay up. they don't want to mess up their beauty and attractiveness. essay lauder taken the approach to focus on skin care, cot cosmetics. when things are consumed socially, you have both social consumption and social status gives strength to the brand. so you're seeing this divergence with something like diapers, if you to on amazon, you might say, hey, i see social proof this diaper is just as good, you might be willing to switch but when you're, but in this case you don't want to mess up your social status. [closing bell rings] cheryl share brian thanks for being with us. we're watching a market real close to a record. s&p could hit it. we're closing in the green. that is it for me and the "c

that was the adidas ceo speaking to francine lacqua. can catch the full conversation on leaders live -- leaders with look while -- leaders with lacqua later this month. a reversal on trump's tariff is, quote, very unlikely. top trade negotiators from the u.s. and china are preparing to meet on october 10. >> this view of president trump has been long-standing, that the united states is getting short shrift on trade, he believes he needs to rectify that. the genie is so far out of the bottle that i think a reversal seems very unlikely. kelly is still with us. we talked a little bit about the possibility of detente. how do you see this going forward beyond that? i realize we are getting to the great unknown, but we are headed for a presidential election. does donald trump want to make some kind of field for next november -- deal before next november? >> detente does not mean reversal of tariffs. businesses keep complaining to the white house, it is possible to plan for the future, to make investments as the landscape changes at an acceler

. >>> coming up, the ceo of adidas joins us live.ctor struggles and much more. >>> a u.s. manufacturing shocker. the market's in the red again this morning after yesterday's disappointing numbers. could new data on tap today spell more trouble. >>> juul sales go up in smoke. pressure mounts from regulators. >>> real estate prices tumble. what's causing the biggest drop since the financial crisis we'll find out the second hour of "squawk box" begins right now >>> live from the beating heart of business, new york. this is "squawk box." >>> good morning, everybody. welcome back to "squawk box" on cnbc i'm becky quick along with joe kernen and mike santoli. u.s. markets are down. all the major averages down by more than 1% yesterday the s&p 500, dow, nasdaq all the gains they made for the entire third quarter in one session and this morning you're looking at them down. nasdaq off by 59, s&p futures down by 21 >>> here's what's making headlines at this hour we are a little more than an hour on a key report, the adp report they're looking

nike raemsd top t apparel brand for nine years followed by american eagle outfit iris and adidas.it comes to watching videos teens choose youtube over netflix the first time ever. >>> dominos did not have the quarter that many hoped for. the company reported weaker than expected third quarter earnings andenue. that sent the stock initially lower but then later in the day the ceo said the company would repurchase, sr. 1 billion in shares, giving the shares a li. kate rodgers has more on the quarter and domino's strategy. >> a tough quarter for domino as, the world's larges company by retail sales facing pressure from emerging players. they cite competition from third party delivery companies like uber eats and post theates making it easier for ordering food. ma of the competitors have deemed up with the outside delivery brands. but domino's went to different direction. bleefrpg the long running strategy is handing the delivees in-house instead. >> we've had a strong and profitableelivery business for many years. unlike other restaurant brands, we don't haveo zid to get in or not or

you work with adidas.ubscribers on the streaming. >> yep. >> trevor: in a week. >> yep. >> trevor: and now you've got this book. ( applause ) >> thank you guys. >> trevor: this is interesting because when there were ninjas that got a book, i was, like, a book about what? it's gaming, you have a book about the buttons? but i'm not even joking, i read the book and as a gamer but just like someone who's interested in what you do, i found it fascinated how you break it down. this is, like, the business of gaming and it's the business of the sport. it's, like, this is a manual which technically doesn't exist. is that why you wrote it? >> i really just wanted to give back. i have been streaming for a long time and every day i get asked questions. you know, tyler, ninja, what settings do you use? what's the best keyboard, head set, how do i get better, more viewers? i was tired ofensing the questions, so i wrote a book. >> trevor: right. congratulations. >> thank you so much. >> trevor: "get good" is available no

it's just so easy for any consumer to just substitute with a domestic brand such as the name or even adidas. well i think you're seeing a learning curve i think you're too. american corporations and indeed corporations in other parts of the world recognize that their future depends on the growth of their business in china is the most rapidly growing collection of all possibilities for corporate growth so they exist on. this planet and to be excluded from that is to really humble yourself and if you're going to be part of the chinese explosion of economic growth then you're going to have to be sensitive to the issues that concern the chinese you don't have to agree with them you don't have to suspend freedom of expression none of those things there are really side issues the question is are you going to attack areas of sensibility but perhaps the best way to understand it is to imagine if a chinese company came into the united states and one of their highest officials made statements about the cruelty to immigrant children being put in cages or the phenomenon of white policeman shooting blac

obviously, china buys a lot ofjerseys as well, there‘s tons of ties between nike, adidas, their athleteser in china and become big stars over there as well. so it‘s clear that the chinese market loves nba basketball, they love the game and i do think eventually this will get sorted out. but right now they‘re in a staring contest because the nba has stood up for their executive, daryl morey, and his freedom of speech, and china has made it very clear through the cctv and the national television network that they don‘t believe he had the right to speak on the issues that he spoke on with regard to hong kong. now, just imagine if yourjob was to explore the earth‘s final frontier. that‘s the case forjill heinerth, one of the world‘s most famous cave divers. she‘s the first person in history to dive deep into an antarctic iceberg, and led a team that discovered the waterway remains of mayan civilizations. jill‘s now written about her adventures and recently she spoke with us. a lot of people think i‘m some sort of a fearless adrenaline junkie, but i‘m not fearless! i‘m scared all the time! i

if university signs a deal with nike but student gets endorsement from adidas, student has to honor the college contract on game day. reporting live, anser hassan, abc7 news. >> continuing the live team coverage. lyanne melendez from the newsroom, many students at cal calling it equity issue. >> cal students would say that. here's the deal. any student not an athlete, students know this, can market their name, have youtube channel and get money for ads. but not athletes. >> i'm a goalkeeper on the women's soccer team here at cal. >> reporter: welcomed the announcement by governor newsom who signs it alebron james. among first to tweet about it on hbo show. >> number one reason we created this platform. >> reporter: added it will change lives for countless athletes who deserve it. allowing them to be compensated is matter of equity, especially for black athletes. some compared to the 1968 olympics when tommy smith and john carlos raised their fists to protest inequality for african-americans. >> everybody's making billions for decades and students have been given tuition and room and boa

. >>> find out what adidas is doing to honor breast cancer survivors during breast cancer awareness monthvaping ramps up and we have details about what activists are doing to fight that public health crisis. from the couldn't be prouders to the wait did we just win-ners. everyone uses their phone differently. that's why xfinity mobile let's you design your own data. now you can share it between lines. mix with unlimited, and switch it up at anytime so you only pay for what you need. it's a different kind of wireless network designed to save you money. save up to $400 a year on your wireless bill. plus get $250 back when you buy an eligible phone. call, click, or visit a store today. >>> welcome back to mornings on 2 and the time is 7:56. lawmakers and teachers are working together to try to end the vaping epidemic. several states have temporary bans on flavored vaping products including several bay area cities. many school districts are suing juul labs. the san francisco-based e- cigarette maker, with serious illnesses tied to the use of e- cigarettes. here are details on the nationwide e

. >> the shoe company, nike, adidas, they won american basketball from the high school level all thee pro-plaps and the shoe companies are dependent on the china market and that is where all this is coming from. you see nba players during the off-season running to china to do the bidding of their shoe companies and to sell their shoes in a china market so they are being exposed as not nearly as much of american business as it is global business with china having more influence over it than america. >> multiple chinese companies have suspended business ties to the league. elizabeth warren claiming she was fired from her teaching job in 1971 for being visibly pregnant but new video surfacing from decades ago contradicting her claims but warren isn't the only 2020 contender who has flip-flopped on that. political analyst ron meyer takes a closer look. thanks for joining us this morning, we appreciate it. let's show it to people right now. >> i was disappointed -- i was visibly pregnant and the principal did what principle did in those days, wished me luck and hired someone else. i don't

it is not that far behind nike and adidas. its goal is to be number one by 2025.sing its profile outside of china. they gave clay thompson -- klay millions and his latest bread comes out this month. they are combining growth in china with acquisitions overseas. they spent millions to buy a finish sports brand. they also have a licensing deal to sell sneakers and sportswear from fila. revenue has soared 80% over the last year. they are hoping to get another boost wendi winters liv-ex come to beijing. and the trade war may actually help. patriotic mainland shoppers ditched their nikes for a company being called the nike of china. carol: staying with sports can we turn to bicycles. a dad and partner started their own brand of bikes. jason: we caught up with the son of one of the founders, now the president of trek. we talked to him about his business and the importance of the quality. equality.quality -- >> equality is important. we are involved in a sport also running a business and we want to provide opportunities for everyone. we want to put the best team on the f

the adidas ceo telling us concerns that the trade tensions might morph into a currency war. this is bloomberg. ♪ rishaad: you are back with "bloomberg markets: asia." for the first time in five decades in a big to tackle the democracy protest. the government will and ask a ban on facemasks at public gatherings after a meeting of the executive council friday. the former hong kong police chief says there is no magic bullet solution. the masks will not solve they form partf of a crackdown which i think is inevitable, that is perhaps the way. it is also an opportunity for the government to demonstrate to the police and others that they are supportive. it is not a solution and it will probably make demonstrators more angry, but it is a demonstration -- they can't have it all the runway. yvonne: still with us, ecognosis advisory ceo andrew freris. retail sales have been ugly. is this the start of more regulations in hong kong? what impact does it have on the economy? andrew: are we talking about the emergency law or economic regulations? hong kong doesn't have any. yvonne: emergen

it worth notes harden sells millions of pairs of adidas in china, last thing he wants to do is see that coin go bye-bye. was nba right to play it safe with china or was the wokest league in professional sports asleep at the wheel. here with our monday night man panel, that is how we like it, matt welch. and head writer of this very find program, it is jimmy faella. and cofounder, real tear politics tom be bevin, boom. >> what say you counselor. >> this is not hard to get right, you just say, we don't apologize for the way we talk, we're americans, hollywood has done a version of this for a long time, letting china sensor things in movies, top gun next top gun they took out you know flag pins for japan and taiwan. you want to offend some chinese people who are financing the movie. this is. we don't see it here too much as importance, this is in plain sight, it is debuting, no foreign country, no foreigner should tell an american how to talk, period. in china does not like it, great, you don't get to watch our awesome basketball, have you catch video of wang chang and yaoming from 15 year

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burberry, l'oreal, h & m, adidas down by around 3% to 4% recent growth concerns led germany to slash gdp forecast from 0.8% to just 0.5%, that's leading to downward revisions on earnings forecasts third quarter earnings in europe expected to increase 2.2% compared to companies in the u.s. where profit growth is expected to be flat. that will be a key indicator to watch. carl, back to you. >> seema, thank you. losses are adding now. dow down 515 this year's ipo losing streak has investors arguing for alternative strategies like direct listings. one of those investors is bill gurley joining us from stanford in california along with john for the who, as we know, is at microsoft's product launch event. jon, take it away. >> thanks, carl. bill, good morning we've been talking about this or writing about this back and forth. we had frank slootman, the ceo of snowflake on yesterday. big startup, $4 billion valuation. he's taken two enterprise companies public in the past he told me yesterday he's considering a direct listing for snowflake. is this a change >> i hope so i would disagree with

if i'm josh from the south shore of long island, make i'm more of an adidas guy, but i'll buy the adidaslike it worried about josh i'm sure i'll be taken down next it will be an easy target. i can't dodge that >> i can't either. >> there we go then. >>> up next uninterrupted coverage of the final trade. 'lta you inside "the market zone. "closing bell" is back right after this best... finding out what's sg to managing your fleet... to collaborating remotely with your teams. giving you a nice big edge over your competition. that's the power of edge-to-edge intelligence. ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ don't get mad. get e*trade, dawg. >>> with 16 minutes left in the trading day, we are now in the "closing bell" "market zone," commercial-free coverage of all of the action going on >> today, we've got dan nathan from risk vertical advisers. also joining us is paul hickey from bespoke investment group. thanks for joining us. let's kick things off with caterpillar. one of the most followed trade proxies in the market and seema mody has more on how it's trading today. >> we're watching the stock turn in positi

the chinese money and without -- because you really have to understand the shoe companies, nikes, adidasthey run american basketball from a high school level all the way to the pros. and the shoe companies are dependent on the china market and that's where all of this is coming t from. you see nba players constantly over the summer during their off-season running to china to do the bidding of their shoe companies and to sell their shoes in the china market and so the nba is really being exposed is not nearly as much of a americans business as it is a global business with china perhaps having more influence than even america.me >> tucker: which is shocking given that of course -- shocking because i don't think most people know that. but also shocking giving with the nba was of course incubated in this country. wouldn't have been possible in any other, basketball was invented in springfield, massachusetts, in a ymca, it's the most american of all sports and i don't notice any basketball arena that wasn't subsidized by american taxpayers, so how could they possibly take this position? >> th

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now the nike and adidas endorsement budgets will go to a few star athletes. is that a good thing?mes to paying players as employees, you have to ask, what happens if they get fired? what if you want to fire them? do we want to start firing student athletes? >> california is forcing the ncaa's hand, one thing is clear. nobody's gonna put pandora back in the box. >> shepard: william la jeunesse live in los angeles. there is no free lunch, shark guy. cops are searching for a man accused of shoving mcdonald's coworker while sporting a shark onesie. here's a look at the facebook page and the pulse from the police. a description of the perp rewritten as lyrics of the viral song "baby shark." i will spare you the singing. according to this facebook post, shark man told employees he lost his wallet, asked for some free stuff at which point a worker explained to shark man that huron land, that's not how things work. shark man stormed outside and as the story goes, the staff locked the door which angered shark man. he banged on the door, accused the workers of stealing his wallet. when a ma

anna: that was kasper rorsted, the ceo of adidas. will airinterview later this month.'s get the bloomberg is this flash. half -- oanh ha. oanh: new jobs are coming. they could be here as soon as this month. we learned the co-chief executives said the layoffs will be handled as humanely as possible. this is the company moves to cut costs and focus on its core business. wework declined to comment. and more job cuts. hp is slashing as much as 16% of its workforce. it is part of a broad restructuring to reduce costs and boost sales growth. they will cut 7000 to 9000 positions. they expect to save about $1 billion by the end of fiscal 2022. hp is also boosting its share buyback by $5 million, and its dividend by 10%. volkswagen is in talks with other manufacturers in sharing key elect trick car technique -- key electric car technologies. it declined to comment on who had expressed interest in the new platform, which is being developed by porsche and audi. plan to is part of vw's dethrone tesla as a leader in premium electric cars. and that your bloomberg business flash. mat

he's a trainer obsessive who owns 2,000 pairs of adidas sneakers.ncashire, where fans queued overnight to see the collection, and to buy a pair of limited edition trainers emblazoned with the name of the town. profits will go to a homelessness charity. let me show you a gorgeous picture this morning. how it looks outside of our studios in salford. not hong kong. it is salford. a few moments ago, to give you a peek behind the scenes here, we have this on our monitor and the sky was absolutely gloriously pink. waves of pink and purple. what do they say, charlie? red sky at night, sailor's delight? red sky at night, sailor's delight? red sky at dawn, sailor's morning? it is lovely, something like that. we had a 15—20 minute window where it was looking particularly beautiful. maybe it is where you are. maybe you were up early walking the dog, it was amazing, send those pictures in. 12 minutes past seven. good morning. let's return to our main story now. the duke of sussex has launched a legal battle against the tabloid press, taking action against the o

things we've seen from people that we do business with, nike, adidas, calloway, what the product cycleit regional? meaning are there pockets where you say there are parts of the country that seem materially stronger >> right now we're doing really well coast to coast. >> that's more positive than potentially would have thought can we talk about the book for a second >> sure. >> i want to get to the stance and i know we're going to talk about your stance on guns and what's that done to the business and the decision to do that and everything else, but more broadly, we did give the history of this little company. >> yes. >> if there's been one big lesson in this, is it in the book >> the biggest lesson, and i talk about it in the book, is that you have to have people -- you have to have people around you who are really smart you have to have people that you listen to. and i knew that right from the very beginning because in 1984 when i bought the business from my father, the two stores, the very first thing i did was put together a board and i had some people in binghamton that were, you

he's a trainer obsessive, who owns 2,000 pairs of adidas sneakers.isplay in blackburn, lancashire, where fans queued overnight to see the collection, and to buy a pair of limited edition trainers emblazoned with the name of the town. profits will go to a charity for the homeless. we will have the weather for you for the weekend. here this morning in sa lfo rd , the weekend. here this morning in salford, a beautiful morning. absolutely stunning. and we will also have all the sport because england take on australia in the by... england take on australia in the rugby... argentina. sorry, argentina. have they paid australia? no, not yet. argentina. 0k, no, not yet. argentina. ok, let's do a timed check! there are fresh calls for a change in the law on assisted dying, from the family of an 80—year—old woman who has been cleared of killing her terminally ill husband. mavis eccleston and her husband dennis were both found unconscious at their home in staffordshire after taking an overdose. mavis recovered, but was later charged with murder. john maguire has

if you remember, stuart, they had this adidas trial where an adidas executive and several other people recruiting of college athletes and violating their amateur status. that's where i think this law is coming from, is really protection for the shoe companies and their ability to get their hooks into -- stuart: okay. so what's the impact when it does take place, when with it comes in? >> well, look, i think it's going to create more chaos in college athletics. i think it's going to be railroad hard or to police and govern how these kids profit off their likeness and image. i think you're going to see kids that will start behaving in a way on the field to promote their individual brand to is that they're more attractive to some companies so so they can get endorsement deals or likeness deals. i think it's going to create chaos in college athletics. aye already seen -- already talk about the new legislation where they're going to tax scholarship money, consider that income for the athletes. i don't like this. i'm not a fan of amateurism, i just don't think this is the right solution. stu