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Scaggsville

Under Armour chips away at Nike

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I was surprised, Under Armour is quite popular in Europe. As for me, I'll wait until Kevin does his "Who Do You Think You Are?!?" and hope he remembers his third cousin. :lol:

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I like the optimism!  That would be a steep climb. Nike is a monster @ a market cap of 96 B to UA's 21 B.

Nike would really have to implode for UA to overtake them. UA isn't anywhere close in the athletic footwear market.

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2 yrs is a bit ambitious but Im fairly confident it will happen.  I also agree about the footwear.  Didn't UA hire some "bigwig" a few years ago to redesign their shoes.  I htought it was the top designer from Brooks or some running company.

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They are expanding worldwide trying to grow in the China market. my relative just got back from china doing logistics.

My bro in-law has been going back to forth to Hong Kong on extended trips for UA IT the past 10 years.

 

I think they are there manufacturing wise already and close to get in their market.

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