Under Armour is struggling, but it may be turning a corner
Under Armour sales have slipped amid fierce competition from rivals.
The retail business overall has been struggling, with the athletic wear sector taking some not easy hits, now now not just resulting from economic uncertainty but additionally resulting from consumers' obtain some of essentially the most modern and trendiest garments. This shift has made putting forward brand loyalty a virtually most not likely task to reach.
The emergance of newer brands like Skims, Alo Yoga, and Hoka has increased the competition among this retail sector, and rival classic brands like New Balance, Adidas, and Lululemon, have managed to live on by keeping up with the ever-evolving consumer throughout the constant creation of innovative products.
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