For the first quarter, Under Armour's apparel revenue climbed 7 percent and was fueled by gains in training, golf and team sports, the company said. "Demand for [Under Armour] products is waning given subpar innovation and the lack of a compelling lifestyle offering," research firm รองเท้าแฟชั่นเกาหลี Susquehanna said in a note to clients Thursday morning. "Under Armour products are, for the most part, purchased for their practical utility (playing a sport, training, etc.) instead of for fashion/lifestyle purposes," analyst Sam Poser added, saying he thinks the company is "hitting a wall" in its growth curve. 3. Blame it on the bankruptcies Under Armour's North American sales fell 1 percent for the quarter, and the company said that was largely because of " ... new distribution [being] more than offset by the absence of business lost to bankruptcies in 2017," which include those of Sports Authority and Sports Chalet. "We don't like it, and we don't really accept it," Under Armour Vice President David Bergman said on Thursday's call. Though, Under Amour wouldn't have been the only sportswear retailer impacted by numerous big-box store closures. Nike (NKE), for example, recently reported revenue growth in North America, excluding currency exchanges, of 3 percent for its third quarter ended Feb. 28.
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