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Under Armour faces smaller loss than expected on e-commerce strength

Under Armour faces smaller loss than expected on e-commerce strength

by Patanjal Kumar | Aug 3, 2020 | Apparel, Fashion & Retail, Fashion, News & Insights

Under Armour, which sells merchandise to several U.S. department stores that were closed during the lockdowns, said gross margin rose 280 basis points to 49.3% in the reported quarter, helped by lower sales to off-price channels. Under Armour Inc reported a...

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