Under Armour Inc. shares fell Tuesday morning after Dick’s Sporting Goods Inc. announced plans to launch its own private label athletic apparel brand. Dick’s CEO Edward C. Stack said the retailer is dropping a licensing agreement with Reebok and launching its new brand in time for the fall back-to-school season. He also said Dick’s does not plan to return floor space in its stores that it took away from Baltimore-based Under Armour last year. “We’re enthusiastic about our Under Armour business…
from https://www.bizjournals.com/baltimore/news/2019/03/12/under-armour-wont-be-getting-more-floor-space-back.html?ana=RSS&s=article_search
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