Nike Gears Up to Release Air Zoom Pegasus 37

After another great quarter with strong revenue despite the COVID-19 pandemic, Nike (NYSE: NKE) is moving forward with reopening stores in China, ramping up digital options, and bringing new designs to market. Next week, it's releasing its latest athletic shoe, the Air Zoom Pegasus 37.

Nike has been relentless in retaining its spot as the undisputed leader in sporting shoes and apparel. Although its annual 2019 sales of $39 billion outdid that of its nearest rival, Adidas, by more than $15 billion, Nike continues to innovate in both design and strategy. 

An image from the Nike Air Zoom Pegasus 37 campaign. Image source: Nike.

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Source Fool.com