Is Under Armour in Trouble?
While things were looking up for Under Armour earlier this month, it seems the recovery might have been short-lived. According to The Motley Fool, the worst yet might be on the horizon for the sports apparel company.
The Motley Fool breaks down Under Armour's potential problems into four main issues. The first is that Under Armour's sales faced a slowdown this year due to tougher competition, Sports Authority's bankruptcy, and Under Armour's dependence on the North American market. It also seems that the company is betting big on women's apparel, which can be unpredictable.