#Under Armour shares tank after surprise loss, profit warning

#Under Armour shares tank after surprise loss, profit warning

“Under Armour shares tank after surprise loss, profit warning” Under Armour forecast full-year profit below estimates on Friday, as the sportswear maker grapples with higher transportation costs and a hit to its business from renewed COVID-19 curbs in China. Shares of Under Armour tumbled over 21% in premarket trading, as the company also reported a surprise loss and…

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#This futuristic sportswear collection with strategically distributed weights is giving us a cool, Wakanda-vibe!

#This futuristic sportswear collection with strategically distributed weights is giving us a cool, Wakanda-vibe!

“#This futuristic sportswear collection with strategically distributed weights is giving us a cool, Wakanda-vibe!” When it comes to buying sportswear, we’re always advised to go down the lightweight route. ‘Your workout outfit should be as light and fluid as possible’ – this is what’s been drilled into our heads, and this is exactly where Omorpho…

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#Simone Biles leaves Nike for Gap’s Athleta brand

#Simone Biles leaves Nike for Gap’s Athleta brand

“#Simone Biles leaves Nike for Gap’s Athleta brand” Four-time Olympic gymnastics champion Simone Biles has signed up with Gap’s Athleta brand for a new apparel partnership, ending an almost six-year deal with Nike. The 24-year-old Biles, already the most decorated gymnast in world championship history, said in an Instagram post Friday that she wanted to partner with a brand…

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#H&M, Nike join brands facing boycotts over statements on Xinjiang cotton

#H&M, Nike join brands facing boycotts over statements on Xinjiang cotton

“#H&M, Nike join brands facing boycotts over statements on Xinjiang cotton” Nike and Adidas came under attack on Chinese social media on Thursday over past comments the fashion brands have made about labor conditions in Xinjiang, part of a diplomatic row between China and the West. The sportswear companies were the latest caught up in a backlash prompted by a Chinese government call to stop foreign brands from tainting China’s name…

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