How Under Armour went from a new hotshot sportswear company taking on Nike to a brand with a wholly uncertain future

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

With shares plummeting following a drop in sales, Under Armour is in another rough patch. We traced the rise of fall of the once-dominant brand.

Under Armour, still a leading athletic-wear seller, has fallen into a bit of a rut. Shares of the company fell 15% following the announcement of second-quarter earnings on Tuesday where the company missed revenue forecasts and announced it expects sales to decline in North America throughout 2019. Under Armour has had massive problems in the past, including $1.

Under Armour, still a leading athletic-wear seller, has fallen into a bit of a rut. Shares of the company fell 15% following the announcement of second-quarter earnings on Tuesday where the company missed revenue forecasts and announced it expects sales to decline in North America throughout 2019. Under Armour has had massive problems in the past, including $1.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Plank upset many customers when he praised President Trump in an interview with CNBC, calling him 'a real asset for the country.' - You're seriously asking why sales plummeted in 2017? Apparently the KKK don't buy a lot of workout wear.

They should have used the name 'Under Amour'.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 729. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Tesla Alum's $1 Billion Business; Uber Laying Off 400 Employees; Airbnb Host Evicted And Ordered To Pay $123,000Topline: Uber is laying off 400 employees on its marketing team; We take a look at Sila Technologies, the battery startup founded by one of Tesla's first employees; Under Armour CEO Kevin Plank has stepped up to defend Baltimore amid attacks by the president on the city. ;) | xD Tesla's former employee battery business is rather interesting.
Fonte: Forbes - 🏆 394. / 53 Consulte Mais informação »