i want to wrap it up on adidas.utes ago doing nothing, now we have the announcement it is going to be offloading reebok. the stock up 2%. kailey: the long-awaited sale finally announced. let's take a deeper dive. we are joined by bloomberg's managing editor for global business. betty -- is that a good price? betty; a couple of months ago sales were muted as people thought this might happen. analyst thought the price might be south of that. getting beyond 2 billion is good. people need to remember adidas played a lot more, north of 3 billion, almost $4 billion and you think of all of the money they pumped into this business to turn it around over the years, unsuccessfully. there is a bit of an end to that saga, but given the price and the reaction it seems like people are fairly happy there is a bit of light under that. guy: why couldn't adidas fix this? >> that is a very good question that lasted 15 years. probably because it was a niche brand that never quite resonated with adidas core group of customers. adidas is

adidas selling its reeboks brands for 2.5 billion u.s. dollars. a gain of 2% for adidas.stry, firmly in focus as reopening continues to spike the delta variant. a pickup for bookings for this german company. gains of 0.8%. bookings surge on the border reopening's it has posted about a 940 million euro loss but it is seeing a pickup in bookings. their stock in focus, the all-important pet supplies. zooplus. wow, gains of almost 40%. this is on the back of a story around, a takeover bid for this company. you can see there is a bid by trade gate premarket after the retail of supplies from helmand and friedman. this is a takeover offer of just under 400 million euros could gaining strongly on the back of that. as earnings season winds down, will that continue in the second half when uncertainty about the pandemic persists? for more detailed analysis on this, let's bring in tim from bloomberg intelligence. what is the scorecard in terms of looking ahead to the end of the year? tim: it is nice to be here in the office. it is unambiguously positive by our reach. a couple of poin

adidas really and focus. now down by 5.4%.tivewear, athleisure, and many of us spent the lockdown wearing it, apparently. at leisure is still in focus. the conservative guidances things that trouble analysts. as a result, we see the stock being sold down. maybe there was expectation of a bigger upgrade today. another german stock under pressure. second-quarter earnings missing estimates. the online retailer down by 6.9%. get back to the bank seen -- scene. the bank of england expected to keep rates unchanged. one of the big questions is will the bank of england be the first to pull the taper trigger? are bloomberg economy reported joins us from outside the bank of england. some central banks are already further down the tightening path, but of the majors, will it be first? what are we expecting to hear from the bank of england today? >> we are expecting the unanimous vote to keep interest rates on hold at 0.1%. and on bond buying, a 721 split -- seven to one split. they will both cite the spike in inflation and the strength th

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doordash down 5% the bonus fourth stock is adidas it is selling reebok to authentic brands for $2 billioney bought it for $3.5 billion as they look to expand the presence in america. sales lagged those of adidas itself they decided to dump it off and sell it. >>> we have more on "worldwide exchange." on deck, the get out andtravel trend and boost of the few under the radar names you may have missed in the reopening trade. it has to do with travel insurance. every time you book a trip, you check the box. you want to buy insurance. what does it cover contessa brewer is back with that story we are back right after this >> announcer: today's big number $2.5 trillion. that was the total u.s. budget deficit in the first quarter of the year the deficit narrowed more than rlr. yr the same period aea eaie the ey entrepreneurs access network has a tremendous impact on my business because it's given me networks, access to capital, and access to opportunities. the level of coaching that i get has had a tremendous impact. it allows companies like mine and others to grow, and it closes the wealth gap i

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adidas. new lululemon stores here in dubai. i don't want to tell you how much i've spent on athlow pressure, we've just been home and there's nothing to do. let's move on to the bank of england. they have a decision today. one question which central bank will be the first to taper -- to taper trigger, that's one of the main questions we are facing. b.o.e. likely to favor patience. michael saunders said to be the lone dissenting voice calling for an immediate end to bond buying program. we have bloomberg's economy reporter, lizie. what are we expecting from the b.o.e. today? lizie: we're expecting a unanimous vote to keep interest rates on hold at 0.1% and on bond buying 7-1 split with, as you say, michael sounders the esole dissent for the favor of ending stimulus early. he could be joined by dave ramsdan and they'll both cite the recent spike in inflation boosted by the success of the vaccine rollout but they'll be dominated by those who point 1.9 million people on furlough at the end of june, lots of people not wanting to go

one stock that stands out, adidas we're at the mid point of an upper trending price channel and aboveing averages so it looks like there is still more room for adidas to run. >> and making room recently with unloading reebok craiging thank you quint, what do you like and are you also similarly positively inclined over there? >> yeah, for sure. i think one of the best ways investors can play is a just a broad index fund that is what we've done for a lot of our managed accounts. but if i have to drill down and you want me to pick one, i'll jump over to paris and go with santa fe aventis 3.7& dividend, nice balance sheet. they have a strong pipeline, currently 35 projects in phase three. they have another 48 behind it so i don't think that it will light the world on fire here, i don't think that it is a stock that will have a tremendous amount of beta, but i think that it will be a nice safe play that marches higher over time >> and i think you and i should head to paris and do a little research on that one don't you? >> yeah. >> thanks, guys. for more trading nation, head to our website

digital was a huge consumer advantage, but there's now -- after the amazon quarter, etsy is down, adidas also saw sales decline. are you seeing slowing growth as we emerge from the pandemic? >> not really, sara. we think of it through the eyes of the consumers so in almost every day, they start their shopping or exploration other cases they may buy it or reserve it other times they had to go to the store to try it on so we gear our entire focus, our entire offense, as we call it here, to serve that consumer regardless, and that served us we can meet their demands how they want to do it, on their terms. >> the principle is to keep our employees save and secure. >> and retail is open there, so the situation differ in different markets around the world. vaccine availability difference. here in the u.s. we're strongly enkaurg encouraging our employees to be vaccinated bond things will be different. we will be spending some of our time together in person, but also we have learned a lot from this pandemic how we can work more productively, more inclusively, so we'll be adaptingfield, but no sp

consecuencia, subirÍan los precios para compensar las pÉrdidas que enfrentan las compaÑÍas, y tiendas como adidastos y de repente... ahÍ estÁ. una iguana le muerde la mano. [gritos] carolina: segÚn contÓ en las redes la escurridiza iguana le lastimÓ los dedos y su mÉdico le tuvo que recetar antibiÓticos. el vÍdeo, como era de esperar, tiene mÁs de 4 millones de vistas, imagÍnate, satcha no sÉ si tÚ haces yoga en la playa asÍ como la joven. satcha: te voy a decir una cosa, en mi casa tenemos la visita de muchas iguanas. yo las respeto, prefiero verlas de lejos. ella quizÁ pensÓ quÉ bonito tenerlas de fondo, pero aprendimos todos una lecciÓn. carolina: lo que es la vida salvaje es vida salvaje, hay que respetar. gracias por acompaÑarnos. ♪ ♪ ♪ >> sÓlo porque le dieron escuela, que ya tiene covid, cuando tengo su pasaje, que tiene negativo. yarel: padres de familia, temerosos por el aumento de casos de covid—19 en las escuelas de los Ángeles. decimos quÉ estÁ haciendo el distrito escolar para evitar mÁs contagios. ayuda en camino para miles de familias, otro cheque con cientos de dÓlares estarÁ lleg

liz: breaking news, adidas is selling reebok to authentic brands group for up to $2.5 billion as thed. the stock is getting a 2% bump right now and that core brand, by the way, is absolutely crushing it. adidas has a lifetime deal with soccer super star lionell messi after signing with a few football club. messi joining the team earlier this week and he signed a two year deal estimated to be worth up to $35 million per season, but get what they included in his signing bonus. the french football club its own crypto fan token called psg. reuters is reporting that part of his deal included a large number of these psg tokens which if you buy them, can offer fans all kinds of perks. there is a dollar value attached according to coin market cap, the psg token is now trading right up around $42 and has basically tripled since word came that messi was joining the club. taking a look at other cryptocurrencies, we do have, let's see , bitcoin below $45,000 at the moment at 44, 401 , ethererum is down as well but still above 3,000 and litecoin is down and it is at 165. all right, they built it,

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companies like adidas, hasbro and crocs are already warning consumers to expect disruptions during holiday shopping this year. and back to grocery stores, some chains saying they are stockpiling goods to keep their shelves stocked. one company recently saying it purchased 50% more items than usual to try and get ahead of the supply chain problems. andrew, mona. >> megan, thank you. >> coming up, the high school coach who says he was forced to resign because he's gay. >>> also ahead, what the future could hold for "jeopardy!" after a new decision about its current host. does your plug-in fade too fast? try febreze fade defy plug. it has built-in technology to digitally control how much scent is released to smell first day fresh for 50 days. la la la la la. ♪ ♪ ♪ ♪ color snap color id from sherwin - williams. color pallets curated just for you. ♪ (upbeat music) ♪ lots of vitamins a and c and only 45 calories a serving. good morning, indeed. v8. the original plant-powered drink. veg up. ever since i got this little guy, i felt like i was just constantly cleaning up his hair. then, i got my pa

adidas... under armour, and all the gear that keeps everyone active.25% off and free store pickup it's a win-win. kohls. >> from the area's local news station. you're watching the kron 00:00am morning >> happy tuesday to you. i'm darya folsom. and i'm james fletcher on on this tuesday morning. here at 05:00am. we'll start off with a check of weather and traffic. lots of news to get to, though, by the way, we'll talk about simone biles. yeah. her performance coming up >> and we about the wind has. you've got the golden gate bridge over your shoulder there. and there's a big sign it. about wind, but in feeling. >> just leftover don't know. i mean, we do still have some when this morning wind advisories on a couple of our bridges, including the golden gate bridge and the benicia bridge this morning overall, what's going on here is we're seeing an onshore push of cloud cover again, which is a change from yesterday. obviously when skies were so crystal clear to kick off your monday morning. more t an we can say for this one. the bay bridge is sitting under

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because they bought adidas, so adidas bought reebok back in 2006 for $3.8 billion.f what happened, and plus adidas has become more successful with its celebrity pairing, beyonce, and her clothing and they are selling it to this company called authentic brands which is not public but they did file for their ipo they have done really well picking up other brands so like the forever xxi, which is very smart so maybe hope and glimmer for reebok in the future. stuart: so they can bring reebok back they think. >> yeah but did you ever buy any reebok clothes? actually talk about you in spandex actually traumatized me a bit there with beach body. stuart: you're killing me here, you're killing me. you know what we're going to do? have a look at the dow 30 stocks right there. it's an even split between winners and losers. >> okay. stuart: we're not talking spandex. >> lycra? stuart: friday feedback, who knows what they ask, next. >> ♪ (phone notification) where we've just lowered our auto rates. ♪ ♪ ♪ ♪ and savings like that will have you jumping for joy. now, get new lower a

let's focus on the german athletic manufacturers, boom and adidas -- puma and adidas, both moving touma up 1.5%. germany's elections, the racist tightening with a new poll putting the social democrats against chancellor merkel's ruling coalition. we will get the latest, next. this is bloomberg. ♪ anna: welcome back to the european market open. 23 and its into the session, slight gains for european equity markets. for germany, the key faction in angela merkel's conservative block has conceded his alliance may fail to hit a goal of comfortably winning next month's election. this comes as the pole was the social democrats in the lead for the first time. maria tadeo is in berlin. how is the election race shaping up? maria: yesterday we spoke with the sister party to the cdu. they conceded that the polling numbers are not the most optimistic for the christian democrats. he also conceded the election is not going well for the cdu, and admitted it will be tight until election day. he expressed that armin laschet is the man that should lead the country forward. there was no criticism of lasc

adidas citing accelerating top line momentum the group reported weakness in china which is why it is trading down down 4 percentage points another stock, beyer with a 13% rise in quarterly sales. q2 earnings missed analysts expectations another down day for bayer it has been going through legal issues with monsanto and green in the german index. german industrial giant siemans. and hiked guidance for the third time this year that stock is up 3.3%. the overall take away is the second quarter earnings were solid. the outlook into the second half of the year is looking solid strangely, we had negative pricing action, brian. that tells you about the market position going into the numbers. >> and maybe valuation many of the markets have done great. joumanna, thank you. >>> here in the states, there could be some big new rules coming for overseas travelers looking to come to the united states let's get more on that and othe headlines with bertha coombs >>> brian, good to see you the biden administration is requiring all to be vaccinated citing comments from the unnamed white house official

after spending a decade trying to revive it, adidas sold its underperforming reebok business to authenticfor around $2.5 billion. a majority will be paid in cash with a deal expected to close in the first quarter of 2022. they have acquired more than 30 names as it grows its consumer company line-up and filed for a u.s. ipo. the joint venture that runs tim hortons coffee chain is planning to go public via spac listing. sources tell us a deal could be worth one point $8 billion and an announcement may come this week. there are around 150 shops across 10 chinese cities with plans to expand that to more than 1500 outlets. we learned the beijing capital group is mulling the sale of its new zealand waste management unit which could fetch about $1 billion. they have asked for proposals on the divestment and could also consider selling a partial stake in the business. haidi: let's check in on how this friday's session is faring and how we are setting up for the start of trading across major markets this morning. we are seeing upside of about .3%. we have the manufacturing pmi showing expansion a

adidas guidance, the market did not like it. the stock down 5.65%. there is concern about china.ce, certainly suffering as a result of what is going on with the airline story and the lack of long haul. in the short term, they're having a bit of a spike on the upside. the reason for that is the cost-cutting program continues to deliver. the market marking that up nicely. credit agricole fairly flat. the numbers fairly positive, the best numbers this business has posted in 14 years. alix: that is a big statement. the credit agricole cfo spoke to bloomberg later today. >> the proportions of bad loans were very low since the beginning of the year comment especially through this quarter. we see no deterioration going forward for the coming quarter. definitely we expect the cost of risk, which would be not only much lower, but probably lower than the cost of risk we have all seen across the cycle. as long as the pandemic is not fully under control we will continue to have some measures that will support the economic activity and benefit banks specifically. i am not very worried by this

i've got a matching adidas sweatshirt and joggers and they're going to look really fresh with these adidasks, guys. >>> and coming up, bobby flay bringing his love of italy to his newest restaurant. who is hungry? i know riva is. >>> "gma's" before the bell sponsored by dick's sporting goods. every season starts at dick's. sponsored by dick's ♪ ♪ ♪ ♪ ♪ ♪ hey google, turn up the heat. ♪ ♪ ♪ receive a chargepoint home flex charger or a public charging credit. see your volvo retailer for details. [baby crying] i got it. i got it. ♪ ♪ give grandma kisses. mwah. ♪ ♪ ♪ ♪ getting some help with the little one, from her biggest fan. some real face time. just an amtrak away. >> announcer: "gma" tomorrow, it's time to set your summer weekend on fire. with sheryl crow performing for you. ♪ every day is a winding road ♪ >> announcer: sheryl crow, own america's" summer concert series sponsored by caesars rewards. >>> welcome back to "gma." let's go back to rob who is taking us to las vegas. hey, rob. >> hi, well through the television but there's food involved so it's a great combination. you know bobb

. >>> meantime, adidas has a new simpson's collaborations and icon ombud the new shoes design is a nod to the character's brown, pink and green color scheme it will be released on october 3rd. a shoe only a dad could love the 30th anniversary of the episode that inspired it. >>> and there's a new girl scout cookie coming to town. the girl scouts have announced a new brown any cookie called adventure fills. this will join the 22 season lineup the brown any inspired cookie features caramel favored cream and sea salt last year's edition was a french toast inspired cookie. girl scout cookie season starts in january and runs until april. >>> a quick check on the top stocks trending right now on cnbc.com most searched are the 10 year treasury note, moderna, alibaba, tesla and as usual, brian, amc boy, that meme trend is not dying out any time soon. >> who'slooking up the 10-year bond >> reporter: well, you know, if you're refing your mortgage, you want to see what's going on with the 10-year treasury note. >> by the way, bertha, i was in colorado yesterday at aspen. i tweeted out a picture o

after spending a decade of trying to revive, adidas has sold its underperforming reebok business forillion. the majority will be paid in cash, with the deal expected to close in the first quarter of 2022. authentic brands has acquired more than 30 names in the growing consumer company line. -- line-up. global news 24 hours a day, on-air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. tom? tom: thank you very much indeed. earnings season is winding down. cyclical stocks have consistently beaten estimates in europe, but will that continue into the second half of the year? we are going to discuss the earnings outlook up next. this is bloomberg. ♪ ♪ tom: this is "bloomberg daybreak: europe." welcome back. as earnings season is winding down, cyclical stocks have consistently beaten estimates in europe but will that continue into the second half of the year? and where uncertainty about the pandemic persists, how much will china's crackdown also way on future earnings? we are joined by louise dudley from hermes

adidas... under armour, and all the gear that keeps everyone active.f and free store pickup it's a win-win. kohls. >>> building a better bay area, moving forward, finding solutions, this is abc7 news. >>> good morning. i'm reggie aqui. if you're getting ready to leave your house, don't forget the mask. seven counties are facing mandatory masks inside. napa and solano counties are jo. 'lt in jose. e'a ushfire sl things down. northbound 101 at story road, you'll run into crews. it's backed up past 1330 moving up to san rafael, we have a three-car crash before lincoln avenue. speeds are down to six miles per hour f you're headed toward the bay bridge toll plaza, metering lights came on at 5:52. >> mike nicco is up next with a look at your bay california! all of our homes share power. but heat waves can stretch our supply to its limits. flex alerts remind us when to use less energy from 4-9pm. so we can all stay up and running. sign up today. ♪ ♪ ♪ ♪ ♪ ♪ hey google, turn up the heat. ♪ ♪ ♪ receive a chargepoint home flex charger or a public charging credit

companies like adidas, crocs have already warned about disruptions as they prepare for the shopping season a cargo ship may be an option for big box retailers, but smaller businesses don't have that option. so they may be passing the shipping costs on to you. >> so just higher prices. is usaa is made for the safe pilots. for mac. who can come to a stop with barely a bobble. lucia. who announces her intentions even if no one's there. jeeg and sgt moore. who leaves room for her room. with usaa safepilot, when you drive safe... ...you can save up to 30% on your auto insurance. get a quote and start saving. usaa. what you're made of, we're made for. finding new routes to reach your customers, and new ways for them to reach you... is what business is all about. it's what the united states postal service has always been about. so as your business changes, we're changing with it. with e-commerce that runs at the speed of now. next day and two-day shipping nationwide. same day shipping across town. returns right from the doorstep, and deliveries seven days a week. it's a whole new world out there.

that is pushing prices even higher >>> adidas unable to turn rebook around it is selling the sneakeror roughly $2.5 billion the retail conglomerate has picked up brooks brothers, aeropostale and ihope is offering a hair of the dog it's letting them add booze to menus. they'll offer beer, wine and bubbly but they will hold off on the hard stuff i wonder what pairs best with a short stack covered with chocolate. >>> the dow up 17, the nasdaq up 51 green numbers across the board >>> i'm tyler mathisen in for shepard smith on cnbc. it is half past the hour and here's what's making the news. >>> the fight to get more americans vaccinated just went covert why doctors are now offering secret covid shots >>> a crypto gold rush in the west how wyoming is leading the charge >>> and the covid lab leak theory gaining momentum from one of the world's top experts. >>> the lead w.h.o. investigator speaking out tonight in a danish documentary suggesting that patient zero may have been a lab worker in wuhan. dr. peter embarrack led an international team of scientists in january looking into the origi

new-found wealth that, frankly, you have you have a lot of sponsors i went down the list taylermade, adidas, u.s. bank, thera body, et cetera, et cetera, and i'm assuming a lot of people are bang your door down. >> you missed one. i have zurich and grant thornton great partnerships, great sponsorships number one, spend a lot of money on food and everything else, throw it in the bank, throw it in investments being smart with it. i'm still very young i'm 24 but, you know, i've got a lot of things in my life i'm very happy with for the most part, it's just -- i don't mind taking in a couple extra million, like you said it's great to finish that kind of regular season first. >> i got the great jim cramer with me, too, here with me, so if you have any investment-related questions, you can throw anything to him. he can handle anything on the fly. what do you expect in the upcoming playoffs? do you really feel like you're one to beat? >> yeah, i think so. i've shown it throughout the regular season obviously finishing first in the comcast business tour top ten shows a lot of consistency, but this

kobe wore a pair of adidas in that match against the minnesota timberwolves.h dakota who attended the game and ask kobe beforehand. if you could have them what he's done. kobe oblige and also put his initials on them. the shoes along with a ticket stub from that game go up for auction tomorrow via the gotta have rock and roll auction site starting bid is a $100,000, but they are expected sell for half a million. and there's a new way to pay for your movie ticket and see new theaters just announced it will soon let you buy your tickets in bitcoin after the changes announced am c shares jumped more than 5% in after hours trading amc joins the growing list of companies now incorporating crypto currency into their business model. the change is expected to take place by the end of the year. time now to check in with newsnation to see what they are working on for us tonight. >> tonight on the dollar report, the governor of oregon causing some controversy, suspending some requirements for high school graduates. why that decision wasn't made public at first. that's to

beyonce debuted the clothing line for adidas, heavily western influenced.d. >> don't forget levi also benefits from that. it can be a investable fad for the next 18 months. it wouldn't be crazy if it lasts as long as three years. that happened before. 18 months are real solid. i think you will see strength in western for foreseeable future. charles: chris sin, you told us what you were lightening up on. you have new ideas for us? >> i really like clear here. trying to go to conferences and concerts and i like private aviation, wheels up, ticker up. those are a little new on the horizon for me. charles: i got to tell you, that clear thing, every time i'm in the airport, flying first class means nothing, right. if you got the other thing you get to go in front. if you got the other thing, clear you go in front of that, there is never anyone in the clear line. i might get the clear pass, buy the stock, jan. tell you look at it. i couldn't ask for two better experts. all right. now the guy who called the 2008 financial crisis betting against cathie wood. this i

brian, you know, retailers like urban outfitters, adidas, foot locker are talking about the shut downn vietnam impacting supplies with factories there shut because of a covid outbreak >> bertha, let me ask you, have you finished your christmas shopping yet i'm not joking. >> it's not a joke it's not a joke. shop early and often. >> no. if there's a hot product that you've got your eye on for yourself -- well, maybe you're not supposed to buy yourself gifts -- for family, friends, kids, parents, whatever, get it now. even with that terminal back up and running, we're going to see some christmas gifts rolling in in march bertha, thank you very much. >> yeah, it's going to be tough. >> see more of bertha in a few minutes. >>> back now to the markets. it has been said that maybe nothing else matters for the overall markets and your money than the federal reserve as the federal reserve goes or does, so do your stocks. our next guest pointing out there is a very interesting correlation between the s&p 500 and the fed's balance sheet. you would expect nothing less. the founder of lead market

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adidas... under armour, and all the gear that keeps everyone active.ee store pickup it's a win-win. kohls. >> welcome back. it's 5.29 right now. and we're taking a live look here the airport and just still a little shaken by airport them afraid to fly. don't a van a plane. that's that's the bare minimum that everybody's asking for these days when we fly just please behave. >> so we can all get there on time. i also came away with duct tape once again. everything for you. duct tape. a lie. do use duct tape for everything. it the kerry duct tape on a plane. but i know i have duct tape ever. i keep duct tape everywhere. it's just good for its tough breaks fix. you know, even anything happens. i got duct tape for the phone glickman you know what i would like let's say a little chip fill up on duct tape that. >> haha i can't think of anything. i wouldn't duct tape. i can come up with a list will brainstorm clothing. if you do if you don't so and you want do your pants. know, now, john. >> tape is thing just a temporary fix the most the time anyways we are l

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. >> locker and adidas if you want your shoes.oks like you are at risk of production. be unaccounted for 40% of these imports this july. coming to america. low-cost country has shifted the production from china to vietnam and a lot of shoes like nike, adidas, footlocker will be impacted. i'm more concerned about poor congestion because a lot of these containers stop reports and if there is nobody to a loaded, it is an issue. stuart: 10 bucks they are viewers are more concerned about their shoe delivery than port congestion. >> port congestion -- it is true. stuart: let's get to crypto. we have a guy with us who went from bankrupt to millionaire because he invested in cryptos. rest davis is our guest and joins us now. i want to go through this from the beginning. when did you get into cryptos, which could dos did you buy and at what price? change didn't get in until 2015-16. crypto started 2009, bitcoin and i heard these people making so much money with crypto currency i had no idea what it was so i started doing research and inves

adidas reached a deal to sell reeboks to authentic brands for nearly $2.5 billion.tic brands has snapped up many bankrupt brands over the years. the deal is expected to close early next year. let's take a look at airbnb, shares are down 3% in the premarket after the home sharing giant warned that new variants of covid-19 will make future booking and cancellations harder to predict. airbnb however still expects to post record revenue for the current quarter. revenue nearly quadrupled last quarter as well. it came in at $1.3 billion. maria, a lot of people think an airbnb is safer, fewer people, you know the people you're staying with but if people are canceling because of delta, you have a problem. maria: yeah. that makes a lot of sense. so i was thinking initially what you said that you would think would be a positive for airbnb but you're right, uncertainty. lauren, thank you. meanwhile, onto the taliban's takeover, president biden is taking off on a delaware vacation. he left yesterday as the problems in afghanistan get worse. the u.s. is now sending 3,000 troops

women how lasting is that as a growth driver for you and for some of these companies, like a nike or adidasr job, making sure we have the products she's after i think our team has done a great job, telling better stories around products we have in the stories, bring are more apparel too bear i think we're finally getting credit with that with her. she's a very discerning shopper, and we've built or connectivity with her to make sure she understands we have great product offerings, when she wants that casual look or even dress sneakers, right? we talked about that the last time we were on, you know, people have dress sneakers she's able to use sneakers and the great products we represent to create her look i think it is lasting, in that she likes comfort, as she is returns to the office, she returns to school. she has a lot of footwear choices. >>> finally are we seeing the return in lines where people camp out has that all gone digital? >> well, we still have plenty of releases that we return through our stores we don't necessarily want lines. we want to get as many sneakers into consumers'

i think it's interesting that adidas is collaborating with allbirds on a shoe nike is working on sustainability as well i wonder how far they can go with this competitive advantage is the price point is something to consider. they're certainly not expensive, but not cheap either so you have the same kind of situation with a lot of these models one thing to look for in the fall are a lot of these offering, direct-to-consumer offerings that do have this sustainability or social aspect to them. warby parker is another one. brilliant earth, which filed its ipo yesterday, so a lot of these companies have the sustainability idea to them. it will be interesting, though, to see what that means in terms of their valuation, do they command a premium as a result of that orl other things cup to the forefront. >> i think it's so interesting, leslie, and also one would compare whether the products in the consumers' eyes command a premium. esg a factor that definite li goth consider, but we might be overpaying this. it's kind of a cost of doing business to all companies, even the exxons of this world, that th

adidas offering 33% off with the code "all access." now on other clothing sales, i have a feeling we're going to see slightly bigger discounts, 30%, 40% off your entire purchase as we hit next friday and over the actual labor day weekend, cec cecilia. maybe shop now a little. shop then a little. >> don't have to twist my arm. you know that. thanks, becky. you can find more labor day deals on our website, goodmorningamerica.com. >>> coming up we're excited. simu liu starring in marvel's newest "shang-chi" joining us next. >> good morning. caltrans increasing service today and cutting fares for september. the agency offering more than 100 trains every week take in anticipation of people returning to the office and in person classes. take a look at traffic. >> we have our drive times right now and i am looking at a slowdown between antioch and concord, about 39 minutes. tracy to dublin improving with 37 minutes. a crash and following right on state route 242 to the southbound 680 connector is slowing things down. traffic will come toward

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started evolving our business leaning into categories like active and our great brands like nike, adidase brand for the active and casual lifestyle and that is what we expect customers and kids to wear as they move into the next chapter we've done some research and 40% of people said that they're not going to go back to the way they dressed pre-pandemic, that active and casual is here to stay and that is something that we're good at so i think we've never been better positioned for the season. >> so much for throwing away the sweatpants over covid. we are dealing with this delta variant which is surging in this country. and i know you just announced a new policy on face coverings do you worry at all that that could disrupt this boom that we are seeing in consumer spending just as we are set to go back to work and back to school in the fall >> well, i think what you've seen from us and all retailers during this whole time is that we are going to be responsive, we're going to be agile, we're putting the health and safety of our associates and customers first and want to make sure that cust

factory closures in vietnam because of covid-19 influencing retail we've seen it with under armour and adidasow would you characterize this environment from that standpoint and how long do you think these pressures are going to be with us >> it's tough. there's no doubt that local supply chain environment is really challenged right now and has been for a while we don't see, really, many signs that it's going to end any time soon we think the prudent thing for us is to plan on that being around for a while at least through the next four quarters what do we do about it for us it's been things like bringing forward shipping our orders, shipping them earlier if we can bigger shipping windows to our vendors to ship. we've increased the deliveries to our stores so we have what we can do once it's in our system, get their delivery and also working with our vendors much more closely to see what we can do together to help smooth out the inventory flow. >> what's it all going to mean, erik, for the price that we pay as consumers are we going to start seeing promotions when inventory comes back and when

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