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    Andemar'S Latest Basketball Shoes Are Weakening In Popularity.

    2016/11/23 18:53:00 70

    AndrewBasketball ShoesFootwear

      

    Andrea

    Recently, it was revealed by major wholesale clients of its Stephen Curry, Stephen Curie.

    Basketball shoes

    The latest model has weakened the degree of popularity and deepened investor sentiment.

    footwear

    Will this slowdown as a growth engine slow the growth of the group?

    Under Armour Inc. closed at $30.87 on Monday, a slight drop of 0.20%. But on Friday, the world's largest sports shoe retailer, Foot Locker Inc. 18 released its quarterly report on Friday, Under shares Armour shares fell more than 5% on that day, before the stock had fallen more than 22% in 2016.

    Foot Locker Inc. CEO Dick Johnson first commented on Under's Armour Inc. Inc. and Andrew's investment in footwear business after the earnings conference on Friday. The two series of Curry 2 and Curry 2.5 are doing well in the three quarter, but when the conversation is over, he pointed out that the two models launched slowly in October 27th compared with the 3 Curry 3, but he stressed that it is still too early to make a conclusion.

    Under Armour Inc. Andrea is the spokesman for the NBA team Jinzhou basketball champion Stephen Curry Stephen Curie, the basketball shoe that has been the backbone product of the footwear business developed by the group in recent years.

    However, as the category of functional basketball is grabbed by the category of running, training and leisure fashion, even the basketball hegemony Nike Inc., Nike group can not be immune to the impact of the basketball category entering the slowing down cycle. Last year, the wholesale sales of basketball products, which accounted for 5% of the group's total income, recorded a 1% decline, not to mention the single product Under Armour Inc. Andrea.

    The exception is the Jordan brand, which belongs to Nike Inc. Nike group. Last year, its wholesale sales reached a 18% strong growth, and nearly half of its brand has come from retro style products.

    Data show that sales growth of these products has been slowing down in the last three quarters, whether it is the biggest clothing category that has been established in the past 20 years for the Under Armour and Andrew brand.

    What is more, the group warned that the growth rate in the next two years may not be up to standard, and its high growth myth is facing an end.

    Footwear sales in the three quarter increased by 94.5% in the first quarter, 64.2% and 58% in the first quarter of the two quarter and 42.1% in the first quarter of this year, while clothing increased by only 18%, dragging down the group's total revenue by 22.2% to 1 billion 470 million dollars per annum, although the 20%+ reached a continuous peak of 2000, but the increase was the smallest since 2010.

    The weakening of Under Armour Inc. Andrew's momentum provided the Adidas AG Adidas group with room for improvement.

    According to market research firm The NPD Group, the three quarter Adidas Adidas brand has taken back the position of the second major sports brands in the US market, and has pulled off the rival Under Armour, Andrea, who was overtaken in the 2014 trough.

    Under Armour Inc. Andrew now reaffirms the expected annual income of US $4 billion 925 million, which basically meets the combined forecast of US $4 billion 930 million for FactSet, and also represents an increase of 24.2% over US $3 billion 963 million in fiscal 2015.

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