Wrong again, Mr. "You must Live Under A Rock"! First, Under Armour is not "king in clothing". For the full year 2015, Under Armour's apparel net revenue were $2.80 billion. http://investor.underarmour.com/releasedetail.cfm?ReleaseID=952146 For the full year 2015, Nike's apparel net revenue were approximately $4.41 billion. https://www.statista.com/statistics/241706/nikes-us-sales-by-product-category-since-2007/ And second, guess what(?), preteens and teens do wear Nike. Socks to be wrong so often, doesn't it?
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This is the poster that veered the conversation to Nike by making the silly claim that "kids don't wear Nike anymore." |
And this is the OP's original post which only refers to Under Armour. |
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I'm all for the local boy, as well, but UA has made a mistake not having women in their higher ranks to make decisions about women's lines for one, but more importantly to break up the bro club.
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Please, PP, you can Google for yourself hundreds of images of teens wearing Nike apparel. Don't make me so all the heavy lifting for you on that point too.
Also PP, since you appear to somewhat dense, I purposely chose the image of "socks" to be "punny" (i.e., for PP, funny) (Translation for PP: I made a pun of socks and sucks.) |
Agreed! I am the OP, and I have always thought that UA was late to realize that appealing to women and their tastes is critical to overall growth. I did not realize that might be attributable to a dearth of women in their senior management. Thank you for that insight. |
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I don't understand this post?
And I"m still happy to be a shareholder. My million percent (incorrect, but its something good) gain is still working for me. |
| Not a shareholder, but I can say that when I was in Xi'an, China a few weeks ago, they were getting ready to open a UA store there in a mid-range shopping mall. Xi'an is a second-tier Chinese city, so that tells me they are really trying to expand internationally. |
| This post is exactly why 99.9% of people should invest in index funds and avoid attempting to manage their investments actively. So much conjecture and irrelevant drivel in this thread. |
Did you not see the stock tip from the guy who saw them opening up an UA store in a second-rate Chinese city a few weeks ago? |
| I'm failing to see how the OP is a visionary. When he wrote his first post (Jul-13) the stock was $31. Today its trading at $64 (accounting for the stock split). Trolling appears to be a lost art... |
Nike has been around WAY longer than under armor...the fact that they are that close and under amour is closing the gap is amazing in and of itself. It speaks for itself really. Denial is a potent medicine PP. |
1+. NP. This is the most ridiculous thread on DCUM this morning (and yes, I know, I know, I read it). A bunch of middle-aged feds and lawyers bickering about what the cool kids are wearing in an absurd proxy fight for their investments. |
lol s/he also cannot differentiate between kids and adults. Even has Jay Z as an example of what kids wear. |