http://www.businessinsider.com/under-armour-business-mistakes-2017-2
Making whack Steph Curry shoes then stumping for Trump turned out to be a bad look for UA.
Under Armour isn't cool anymore, according to a recent analyst note.
CEO Kevin Plank's comments on CNBC praising Trump make it “nearly impossible to effectively build a cool urban lifestyle brand in the foreseeable future,” according to the note by Susquehanna International Group, an industry research firm
Though Susquehanna does not think the brand will lose its deal with basketball star Steph Curry, "it simply cannot be good for business if the face of Under Armour spoke out so pointedly against the CEO’s comments,"as Misty Copeland, and Dwayne "The Rock" Johnson also did.
According to NPD sports analyst Matt Powell, younger shoppers greatly consider the moral implications of where they spend their dollars.
“Millennials and Generation Z want brands and retailers to be transparent about their stands on social issues," Powell told The Baltimore Sun. “If those values don't align with their views, they will take their business elsewhere.”
Making whack Steph Curry shoes then stumping for Trump turned out to be a bad look for UA.