News

Dramatic slowdown in growth of Under Armour’s footwear sales

02/05/2017
Dramatic slowdown in growth of Under Armour’s footwear sales

Sportswear brand Under Armour reported revenue of $1.1 billion in the first quarter of 2017, a 7% increase compared to the same period of 2017. Despite this, it suffered a net loss of $2 million. Under Armour’s footwear revenue increased just 2% year-on-year to $270 million. This compares to the 64% improvement in the same period of 2016. Under...

To continue reading this story, please sign in or register.

Related stories:

Team Canada to wear Under Armour footwear 05/01/2018
Footwear chief is the latest to leave Under Armour 27/11/2017
Under Armour looks to accelerate footwear development 20/09/2017
Under Armour poaches president from Aldo 29/06/2017
Under Armour rewards promising young designers 29/03/2017
Under Armour’s footwear revenue hits $1 billion 02/02/2017
Under Armour expands ‘smart’ shoe portfolio 16/12/2016
Automation can help eliminate defects in performance footwear 22/11/2016
Lighthouse is about much more than ‘made in the US’, Under Armour says 21/11/2016
Dow Elastomers wants to help Under Armour “drive advances” in footwear 14/09/2016

Footwearbiz.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.