Poor Sales Of Curry'S New Basketball Shoes Triggered The Fall Of Andrew Shares.
According to reports, Foot Locker CEO revealed the latest version of Cooley.
Basketball shoes
Curry3 sales fell short of expectations last Friday.
Andrea
The share price plummeted by 4%, and the company's market value evaporated nearly $600 million.
Foot Locker is Andemar's biggest retail partner.
According to reports, Foot Locker company CEO Dick Johnson (Dick Johnson) recently said that Andemar made the latest war boots for NBA star Stephen Currie, Curry 3, "sales are slightly lower than previously expected".
This is the news that led to the plunge in price of the company.
Although the curry product line accounts for only 5% of the annual business of the company (about $200 million), Currie is the most famous and important spokesperson of Andrea.
According to ESPN, Johnson said in the Foot Locker earnings report that the recent basketball shoes market is weaker than before. However, he also called Curry 2, Curry 2.5 and so on.
Nike
Sales volume of Erwin product line is still strong.
By Tuesday, Curry 3 has just been released for a month.
In ESPN's report, Johnson said that it is too early to make a final decision on the sales trend of Curry 3. Foot Locker is optimistic about the future development momentum of Andemar and said it will expand their product supply.
An Andrew spokesman said Andrew would not comment on Johnson's description of Curry 3 sales.
Sales of Curry 3 now face two challenges: the first is its price.
Andemar once again raised the price of Curie sneakers, Curry 3 priced at $140 a pair, which is 20 dollars higher than Curry 1 and 10 US dollars higher than Curry 2.
The second challenge is that when he played in the game, he wore the Curry 3 high profile to protect his ankle.
But nearly 80% of them wear basketball shoes to catch up with fashion, so low matching shoes will be more popular.
Andemar is about to launch a low profile version of Curry 3 for the warm-up in the pool.
But it is not known how the Curry 3 will be allocated to the consumer market.
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