Around the Net
Under Armour Expands Made In USA Commitment
- Brand Channel, Thursday, February 2, 2017 8 AM
Under Armour’s Made in the USA news was overshadowed. At the same time the brand was celebrating its new American-made products, it announced its slowest sales in eight years, with net revenue up only 12%, far below expectations. The brand’s CFO resigned and Under Armour shares lost over a quarter of value in early trading.
