Under Armour Posts First-Ever Earnings Loss

The video discusses Under Armour's financial struggles, highlighting low expectations and a significant stock drop. It examines the challenges in the retail sector, particularly in footwear, where trends favor competitors like Adidas and Nike. The lack of a lifestyle brand limits Under Armour's growth. CEO Kevin Plank's humbled response suggests a strategic shift. The impact of retail bankruptcies and declining North American sales are also explored.

How has the CEO of Under Armour responded to the company's recent performance?

What challenges does Under Armour face in the current retail environment?