Monday, March 13, 2017

An In-depth Look At Indispensable Details Of Shoes Shop

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UA's Curry 3 shoes. Images source: Under Armour. Selling pricier shoes Between 2015 and 2016, Under Armour's gross margin fell from 48.1% to 46.5%. That decline was attributed to its higher dependence onlower-margin footwear, excess inventory from the Sports Authority bankruptcy, and tough currency headwinds. The footwear market is still dominated by Nike ( NYSE:NKE ) and Adidas ( NASDAQOTH:ADDYY ), so UA might need to lower its prices to remain competitive. To make matters worse, the Trump Administration's proposed border tax could crush UA's margins, since รองเท้าส้นเตารีด it produces most of its products overseas but generates most of its revenue in North America. Despite those headwinds, Under Armour intends to keep prices high to protect its brand and margins. During last quarter's conference call, CEO Kevin Plank declared that UA would remain "a premium, full-price brand," and that it intended to justify future price hikes by "amplifying our agenda for newness and innovation at every price point." But that could be easier said than done -- UA's inventories were up 17% at the end of the year, so it must carefully balance promotions with new product launches to clear out those inventories. International growth Under Armour's international revenue rose 63% last year, but it only accounted for 15% of its top line.

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