Sports Authority woes take toll on Under Armour, Nike
Shares in Under Armour Inc. and Nike Inc. both declined Wednesday because of competition in the footwear market and the upcoming liquidation of Sports Authority. “Many new entrants are fragmenting the market, and Nike is lapping five years of double-digit growth,” Morgan Stanley analyst Jay Sole said in a report. Retail bankruptcies and consumers’...
I regard the brain as a computer which will stop working when its component fail. There is no heaven or afterlife for broken-down computers. That is a fairy story for people afraid of the dark