Wednesday, May 23, 2018

Under Armour helps give Kohl's activewear sales a boost

Kohl’s Corp. CEO Michelle Gass said Tuesday that the retailer is seeing “strong growth” from its partnership with Under Armour Inc. Comparable sales of activewear grew 10 percent in the first quarter, outpacing the company’s overall comparable sales growth of 3.6 percent. Overall, Kohl’s reported sales of $4.2 billion. Gass, who recently succeeded longtime Kohl’s executive Kevin Mansell as CEO, said Nike Inc., Under Armour and Adidas AG drove the growth of activewear sales. Activewear has become…



from https://www.bizjournals.com/baltimore/news/2018/05/23/under-armour-helps-give-kohls-activewear-sales-a.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/174184818257

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