Wednesday, June 1, 2016

Sports Authority closing hurts sneaker sales – CNNMoney

Bankrupt Sports  Authority closing stores
Bankrupt Sports Authority closing stores

Stephen Curry and LeBron James may not be able to save Under Armour and Nike from the financial air ball thrown up by one of their retail partners.

Under Armour said late Tuesday that it was lowering its sales and profit outlook for the year due to the bankruptcy and liquidation of Sports Authority.

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