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Search Tag: Under Armour
- Under Armour’s struggle to regain its premium status
Under Armour, once a leading athletic apparel brand, has been facing a significant decline in sales and profitability. Despite a healthy turnover of $1.33 billion for the period ending Q4 2024, the company’s sales have dropped by 5% compared to the same period last year. Additionally, its net income has plummeted to $6.6 million fro ...moreThe hidden giant behind top brands: Stella International — is this company the barometer of what’s happening in footwear?
I've stumbled upon something rather intriguing. It appears that Stella International, Hong Kong, is the manufacturer behind the scenes for several well-known footwear brands. The extent of their involvement in the industry is truly impressive, and I had no prior knowledge of this. ...moreSupreme Court rejects Biden’s plan to cancel student loan debt, raising concerns for footwear companies and retailers
June 30, 2023, marked a significant blow for President Joe Biden. The U.S. Supreme Court ruled against his ambitious plan to cancel $430 billion in student loan debt. This debt cancellation initiative aimed to benefit up to 43 million Americans, fulfilling a campaign promise that was made by the Democratic president. The court’s dec ...more
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