Explaining Essential Factors In Footwear

Sign Up Growth has slowed for Under Armour in the face of aggressive competition from those two established brandsalongside weak demand for its shoes. Under Armours footwear business collapsed in the first quartergrowing just 2 percent after surging 64 percent a year earlieras the third edition of รองเท้าส้นสูง 3 นิ้ว สวยๆ สีดำ NBA star Steph Currys signature basketball shoes disappointed. Revenue declined 1 percent in North America, offsetting gains overseas. Even the little bit of good news for the companyshares roseas much as 12 percent on Thursdaycomes with a caveat: Wall Street was surprised the company didnt lose even more money. The best-selling sneaker in the U.S. was the Adidas Superstar. The next nine were sold by Nike. Under Armour had none. Its very clear that they arent going to return to the days of 20-plus growth, said Matt Powell, an analyst for NPD Group. Their business is tough. They do need to take a step back and do the hard work to correct the missteps theyve had. Even CurryUnder Armours most prized pitchman in the battle to win over sneakerheadshas been overshadowed this season by fellow superstars.

For the original version including any supplementary images or video, visit https://www.bloomberg.com/news/articles/2017-04-27/under-armour-loses-whatever-swagger-it-had-left?cmpId=wsdemand