Under Armour and its rivals have pledged more than $1 billion to secure outfitting deals with top college programs. Now those megadeals are starting to pinch profits at the sportswear maker. Source: Mega Contracts With Colleges Start to Pinch Under Armour – WSJ Yesterday Under Armour encountered a crushing stock price drop. Today the recovery…
Under Armour’s (UA) earnings release wasn’t just bad for Under Armour’s stock but the stocks of other athletic apparel makers and retailers, including but not limited to Nike (NKE), Foot Locker (FL), Finish Line (FINL), Dick’s Sporting Goods (DKS) and Lululemon Athletica (LULU).Never mind that Under Armour’s disappointment, if you can call it that,…
It isn’t easy for small retailers to stay competitive in today’s challenging market. These stores stand out for their growth agendas. Pic from FN Source: How These Independent Retailers Are Distinguishing Themselves | Footwear News When I say big brands I’m not talking the traditional powers of Nike and Adidas. I’m looking directly at the…
Under Armour She Plays We Win Source: Under Armour | She Plays We Win | US Under Armour may not be capitalizing on the UAS line or promoting the next Steph Curry, but they are definitely doing the work that counts as far as I’m concerned. The obvious goal of a public company is to…
Applications for #CupidsCup business competition now open! APPLY NOW at http://www.cupidscup.com Source: Cupid’s Cup Entrepreneurship Competition This should be right up some young sneakerheads’ alley… if they are enrolled in college. Under Armour CEO Kevin Plank is promoting the 2017 Cupid’s Cup competition. What is this? The answer is below. If I could cut some…
The Swoosh may have the secret sauce for grabbing people’s attention. Image via Footwear News Source: New Study: Nike’s Ads Are the Most Effective | Footwear News Everyone say it together, “Nike is a marketing company that sells sneakers.” This article from FN gives Ace Metrix feedback to show that Nike kills its competitors with…
If you look back through the Insider Ties and Business Talk categories of the site you will see a lot of information about Stocks. Recently, a lot of websites are saying that Under Armour and Adidas are becoming better bets for the stock market. Consider this analysis from the Motley: http://www.fool.com/investing/2016/09/29/better-buy-under-armour-inc-or-adidas.aspx While all companies hit rough patches…
The tone seems to be changing for Nike. Source: Nike Gets Lackluster Reviews From Experts Ahead of Q1 When I began writing Insider Ties, a lot of the reasons for doing so was because I couldn’t find anyone discussing the actual business aspects of the industry. The stock analysts where looking at it purely from…
Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals. Source: Why Kevin Plank’s Sales Are Nothing For Under Armour Shareholders To Sweat While this article places into perspective the act of Kevin Plank selling his shares as par for the course, I would say it is reason to worry. While…
Under Armour Inc. Chief Executive Officer Kevin Plank plans to sell as many as 2.1 million shares in the sportswear company he founded, a stake valued at more than $72 million as of Friday. Source: Under Armour CEO to Sell $72 Million in Stock, Jolting Investors – Bloomberg I recently discussed the stocks of Nike…
Source: Under Armour Announces Plan To Open E-Commerce Distribution House In Maryland “Over one million square-foot facility will house 1,000 employees; optimize product distribution for company’s growing direct-to-consumer business.” When you’re right, you’re right and Under Armour looks to the leader for its cues and there is nothing wrong with that. What do I mean?…
Source: UA Run Camp 2016 | Under Armour US | US Under Armour is continuing its move into sports fitness and training by pushing forward with its “It Comes From Below” campaign. If you think you are extreme enough to participate in the Run Camps then visit the Source link above, watch the film, and…
I’ve been doing a lot of analysis on the sneaker brands. The majority of my discussion has been on the push of each individual brand to gain more traction with DTC sales. I’ve also discussed how the brands are adjusting and adapting to the shift in the sneaker buying habits of the masses. What I’ve…
Source: http://www.msn.com/en-us/money/companies/why-is-under-armour’s-biggest-olympic-star-wearing-nike/ar-BBvKVMq There is a long history of Olympics marketing wars. Starting in the 1984 Los Angeles Olympics which were sponsored by Converse, although at the time Reebok was dominating the game and Nike was in the midst of a series of problems that led to a number of layoffs over the next few years, the…
Next Tuesday I have to do an Insider Ties and I think what I will get into is the stream of Flagship Stores popping up from various brands and what this means to Nike. First, what is a flagship store? From Reference.com: The most successful flagship stores share common key elements. Each store is usually the…
I have to give a shout out to my guy Tayib at Housakicks.com who brought Nikes and Jordans on Wal-Mart to my attention a couple of months ago. I had been approached by Wal-Mart in 2015 as part of a beta-test for a Seller Central styled marketplace for Wal-Mart. A few months ago, actually it may…
Steph Curry Shoes are now highly sought after not only by basketball players but also by sneaker enthusiasts all over the world.This is a complete guide Source: Steph Curry Shoes: A Complete Guide To The Curry 1 & 2 Collection Housakicks just sat down and created the most comprehensive report on the development of the…
Source: Under Armour Reports Second Quarter Net Revenues Growth Of 28%; Reiterates Full Year Net Revenues Outlook Of $4.925 Billion Okay, all of you idiot fanboys who sat around dissing the Chef Curry shoe, slap yourself. While you’re sitting around coming up with corny ass nicknames for the all white shoe that was the victim…
While I was asleep I guess Under Armour won again. In May UA signed a 10 year deal with UCLA. I’ve always known UCLA as an Adidas school so seeing the Bruins in the Royal and Gold that represents the UC system in Cali is a shocking development, but it is also very telling of the growth…
I usually don’t say anything about internet memes, but I’m seeing too many of my basketball family sharing this silly ass Steph Curry meme about him not signing with Nike because of a bible verse… Stop sharing that shit, it’s fake. Steph wore Nike the first four years of his career. He had a freaking…
The subtitle here should be, “without even trying.” In the sneaker world for the last few years Nike has dominated the Christmas season. They have consistently released highly coveted kicks the day after Christmas, while dominating the days before Christmas with the release of the Air Jordan 11 Retro. Those of us who check for…
