In an oversight of retail planning, Under Armour's Kohl's deal is effectively causing product to be sold cheaper at Kohl's compared to other retailers, and is also not helping to improve UA's image as a lifestyle brand.
Puma and Under Armour switch places following Puma's rise in share price while Under Armour's declined. The German sportswear label is on track to keep growing while its U.S. counterpart is facing some stiff headwinds.
Kevin Plank issued a statement to the Baltimore Sun to clarify his comments about Donald Trump. Plank received backlash from the public and Under Armour athletes following his pro-Trump comments in early February.
Trump-branded products have suffered new blows, with Sears and Kmart halting e-sales of Trump Home items, while details emerged of how sales of Ivanka Trump's brand fell before Nordstrom stopped carrying her products.