Stephen Curry shoe sales fall hard, along with Under Armour stock

lebron23james · Nov 22, 2016

Under Armour lost nearly $600 million of its value as a company Friday, as its stock plummeted by more than 4 percent after the CEO of a major footwear retailer said the latest version of its Steph Curry shoe wasn't doing well

Stephen Curry shoe sales fall hard, along with Under Armour stock

lol

BloodType49 · Nov 22, 2016

Who wears UA shoes ??

Steph needs to sign with Adidas he would make a killing.

WiggyRuss · Nov 23, 2016

lebron23james said:
Under Armour lost nearly $600 million of its value as a company Friday, as its stock plummeted by more than 4 percent after the CEO of a major footwear retailer said the latest version of its Steph Curry shoe wasn't doing well

Stephen Curry shoe sales fall hard, along with Under Armour stock

lol

he is not LeBron. He cant carry a line like LeBron can....no one can - at least no one active. Jordan of ocurse is the gold-standard.

Curry is obviously a great player and very very popular- he has very little baggage- but i think that Finals loss, plus adding Durant so he is no longer the focal point of the team- he has to share it- dont exactly help his endorsements.

Ojb81 · Nov 23, 2016

BloodType49 said:
Who wears UA shoes ??.

Exactly, nobody. If Steph was signed with reebok, they'd be hitting high sales #*'s. Underarmour is for fitness enthusiasts, and its tops, shorts, pants, socks, etc. Not shoes

WiggyRuss · Nov 23, 2016

one interesting thing i read is that Nike actually encouraged Durant to go to GSW because it would cut the knees right out from under Under Armour. Thats pretty interesting to think about.....Durant goes from a small market- to a big market- and raises his profile, while cutting Steph's profile- and lo and behold this type of things happen- shoe sales way down and the company's stock plummets.....

moral of the story? -- Nike is Nike...

Mecca · Nov 23, 2016

It's the brand.

Nobody is paying a buck twenty five for UA.

The Derski · Nov 23, 2016

WiggyRuss said:
he is not LeBron. He cant carry a line like LeBron can....no one can - at least no one active. Jordan of ocurse is the gold-standard.

Curry is obviously a great player and very very popular- he has very little baggage- but i think that Finals loss, plus adding Durant so he is no longer the focal point of the team- he has to share it- dont exactly help his endorsements.

Doesn't KD sell a shit ton?

WiggyRuss · Nov 23, 2016

The Derski said:
Doesn't KD sell a shit ton?

yah...KD actually is fairly close to LeBron.....then its really not even close when you go down to 3rd. I think that Durant's move might have hurt himself somewhat in some peoples eyes- but i think moving to the Warriors- balances that out.

Mecca · Nov 23, 2016

WiggyRuss said:
he is not LeBron. He cant carry a line like LeBron can....no one can - at least no one active. Jordan of ocurse is the gold-standard.

Curry is obviously a great player and very very popular- he has very little baggage- but i think that Finals loss, plus adding Durant so he is no longer the focal point of the team- he has to share it- dont exactly help his endorsements.

Jordan > Nike

Nike’s announcement of the 2016 annual sales numbers for Jordan Brand — which they separated from Nike’s basketball segment for the first time — showed that revenue for Jordan Brand is up 18 percent to $2.8 billion over 2015 numbers. Total Jordan Brand sales in 2016 doubled Nike’s overall basketball segment, which had revenues of $1.4 billion.

– via The Undefeated

Scapegoat · Nov 23, 2016

BloodType49 said:
Who wears UA shoes ??

Steph needs to sign with Adidas he would make a killing.

Run DMC has that contract locked up.

Black Adam · Nov 25, 2016

huh. wonder why THIS thread fouled out...? :scratch:

True Lakers Fan · Nov 25, 2016

ChiefsLakers67 said:
huh. wonder why THIS thread fouled out...?

Have you noticed that the majority of the threads in fouled out belong to one of the local dipsticks LebronJames23 or Hurricanedj?

Black Adam · Nov 26, 2016

True Lakers Fan said:
Have you noticed that the majority of the threads in fouled out belong to one of the local dipsticks LebronJames23 or Hurricanedj?

well, now that you mention it... :nod:

lebron23james · Dec 25, 2016

ChiefsLakers67 said:
huh. wonder why THIS thread fouled out...?

Curry is a mod

lebron23james · Jan 31, 2017

Under armor tanking 25% today

Lol

David_son · Feb 11, 2017

Maybe it has to do with the CEO talking Pro Trump...... So the magic stock market suddenly destroys the company.

GNG · Feb 11, 2017

David_son said:
Maybe it has to do with the CEO talking Pro Trump...... So the magic stock market suddenly destroys the company.

I doubt it.

cmc_rebar · Feb 11, 2017

David_son said:
Maybe it has to do with the CEO talking Pro Trump...... So the magic stock market suddenly destroys the company.

So people dumped the stock just because the CEO is a Trump fan....

David_son · Feb 11, 2017

cmc_rebar said:
So people dumped the stock just because the CEO is a Trump fan....

Its possible.... who knows.

cmc_rebar · Feb 11, 2017

Couple of more bad quarters, and Nike will be able to buy them out at bargain basement price...

Stephen Curry shoe sales fall hard, along with Under Armour stock

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