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Under Armour Plans to Add 200 Stores

In What's New, Industry News by Jeff Prine

Baltimore, MD—Despite fears over shuttered stores among majors, there are others planning to expand their retail foothold. Most notably, Under Armour, the athletic wear maker who has seen its earnings soar as it capitalizes on the athleisure trend. Recently, at the NRF’s Retail Big Show, Under Armour CEO Kevin Plank …

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Tod’s 9-Month Profit Falls 21.6%

In What's New, Industry News by Jeff Prine

Ancona, Italy—Tod’s reported that its nine-month profit dropped 21.6% as costs rose and fewer of its high margin leathergoods were sold. For January to September, the leathergoods and footwear brand posted earnings before interest, tax, depreciation and amortization (EBITDA) at 156.4 million euros (about $194.3 million), missing analyst expectations for …