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



May 12, 2022, Malaysia:
The complex is home to more than 200 tenants selling authentic local goods.
Apr 29, 2022, Europe, Europe:
The store sells streetwear created in collaboration with designers such as Soho Grit, Alma de Ace, BAPE, Herschel, and Staple.
Apr 28, 2022, USA:
Nike and RTFKT have announced a new collection of Nike Dunk Genesis Cryptokicks sneakers.
Apr 27, 2022, USA:
Meta Store has the intention of demonstrating the possibilities of virtual reality devices, as well as dispelling the mystery around the concept of the math universe.
Apr 22, 2022, Brazil:
BR Malls Participacoes and Aliance Sonae Shopping Centers may merge to form Brazil's largest mall operator.
Apr 22, 2022, United Kingdom:
The online retailer began selling cosmetics from luxury and indie brands.
Friend
and Follow
Charlotte Premium Outlets GLA:400 000 SF
ADDRESS: 5404 New Fashion Way Suite 100, Charlotte, NC 28278
USA . Charlotte
Charlotte Premium Outlets
Mall of Scandinavia GLA:1 087 155 SF
ADDRESS: Evenemangsgatan 11 169 56 Solna
Sweden . Stockholm
Mall of Scandinavia
Dania Pointe GLA:975 000 SF
ADDRESS: 292-344 North Bryan Road, Dania Beach, FL 33004
USA . Fort Lauderdale
Dania Pointe
K in Lautern GLA:224 966 SF
ADDRESS: 67655 Kaiserslautern
Germany . Kaiserslautern
K in Lautern


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