Find in the news:
BY COUNTRY

Under Armour Loses to Competitors and Lost Customers



The company's share in the sports footwear market decreased from 3.2% to 2.7%, and in the clothing market from 6.4% to 5.6%.
Under Armour

The American sportswear and footwear brand Under Armour, the third-largest player in the world market, continues to experience financial problems. Since the last sales report was published, the company's share price has fallen by 13%. The decline in quotations has been the highest for the previous two years. 

Analysts note that Under Armour is losing to its main competitors: brand sales are falling, including in the North American market. Over the past quarter, the company's net loss amounted to $17.3 million against a loss of 95.5 million a year earlier. Under Armour's revenue increased by only 1.5% year-on-year, with sales in the U.S. and Canada declining by 3.2%, and store traffic decreasing. 

The company's share in the sports footwear market decreased from 3.2% to 2.7%, and in the clothing market - from 6.4% to 5.6%, said the NPD Group. Nike and Adidas remain the main competitors of the brand, as well as gradually increasing their market share in Fila and Puma. Under Armour expects to open more stores outside of shopping malls, as well as to develop online sales and attract more customers through targeted advertising. In 2019, the company expects revenue growth of 3-4%.

More about shopping malls in the USA



YESTERDAY, Italy:
Diesel has announced a new phase of its For Responsible Living sustainability initiative, Diesel Library.
DAY BEFORE YESTERDAY, USA:
L Brands does not intend to sell its women's lingerie brand Victoria's Secret and separate it into a separate public company.
May 11, 2021, USA:
Charlie and Dixie D'Amelio will be the faces of a new clothing brand for teens called Social Tourist.
May 11, 2021, USA:
There is something of a state of euphoria in the actions of shoppers who have had the opportunity to return to shopping malls.
May 11, 2021, USA:
The primary demand of the protests, scheduled for May 19, is an increase in the minimum wage.
May 7, 2021, Italy:
The new store is located in the San Marco neighborhood at Corso Garibaldi, 20.
Friend
and Follow
Olympia Einkaufszentrum GLA:602 779 SF
ADDRESS: Hanauer Straße 68, 80993
Germany . Munich
Olympia Einkaufszentrum
Forum Istanbul GLA:1 883 684 SF
ADDRESS: Kocatepe Mahallesi, Pasa Caddesi 34045 Bayrampasa
Turkey . Istanbul
Forum Istanbul
Arkadia GLA:1 184 030 SF
ADDRESS: Aleja Jana Pawla II 82, 00-175
Poland . Warsaw
Arkadia
Cabot Circus GLA:990 280 SF
ADDRESS: Glass House, Bristol BS1 3BX
United Kingdom . Bristol
Cabot Circus


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us