Georgetown's newest billionaire resident

Anonymous
Tell me, what is Addidas?
Anonymous
Anonymous wrote:He looks much older than 40 to me.


Mo money, mo problems.
Anonymous
Anonymous wrote:Tell me, what is Addidas?


All Day I Dream....
Anonymous
Anonymous wrote:
Anonymous wrote:Tell me, what is Addidas?


All Day I Dream....


....about soccer.

You didn't finish it. (and is's adidas, btw).
Anonymous
Anonymous wrote:Dude should have sold to nike and taken his money. UA can't compete long term with addidas and nike


depends how much nike was offering.

it's near its all time high right now.

i think UA can compete with nike and adidas long term as it is run really well and has great execution.

Nike would have to offer 100 a share to even consider a sale right now IMO.
Anonymous
All the kids wear UA. Nike is for old white men.
Anonymous
I love UA!
Anonymous
Anonymous wrote:All the kids wear UA. Nike is for old white men.


I feel that UA has regional strength on the East Coast, but I do not observe so many West Coast kids wearing it. That is a market where UA still has a lot of work to do, it is wide open for a new competitor to come in and undercut UA -- and trends move rapidly from west to east.
Anonymous
That house has bad Feng Shui. Just look at previous owners........
Anonymous
He's hot!!!
Anonymous
Anonymous wrote:He looks much older than 40 to me.


+1 but I bet he looks the same when he's 60
Anonymous
Anonymous wrote:Dude should have sold to nike and taken his money. UA can't compete long term with addidas and nike


Apparently he knows what he doing. How about you?
Anonymous
Anonymous wrote:Kevin Plank of Under Armour. Welcome! Maybe they can donate Under Armor stuff to Stoddert and Hardy!

http://www.washingtonian.com/blogs/capitalcomment/local-news/luxury-home-sales-under-armours-kevin-plank-buys-a-georgetown-mansion.php


Never hurts to ask. He's a local boy and a grad of St. Johns and UMD and has been very generous to both schools.
Anonymous
Anonymous wrote:
Anonymous wrote:All the kids wear UA. Nike is for old white men.


I feel that UA has regional strength on the East Coast, but I do not observe so many West Coast kids wearing it. That is a market where UA still has a lot of work to do, it is wide open for a new competitor to come in and undercut UA -- and trends move rapidly from west to east.


That's actually a benefit for UA. UA can still be a great growth story as there are lots of fresh markets for it. International is a huge push they are making, with sponsorships of Tottenham (an english football club), getting into soccer and other lines such as footwear, casual wear, etc.

It'll never knock off Nike or Adidas, but it doesn't need to. There is room in the industry for a smaller player to thrive.

Competing on price actually would be terrible for UA though. The margins it has been able to sustain are a big reason for its rapid rise in valuation.
Anonymous
Anonymous wrote:He looks much older than 40 to me.


This.
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