Apparel And Direct-to-consumer Boost Under Armour

For the second quarter ended June 30, Under Armour has reported a 24 percent increase in turnover to $204.8 million, coming from very strong growth in apparel and direct-to-consumer sales. Operating income jumped by 104 percent to $6.9 million, and the gross margin rose by 4.0 percentage points to 48.8 ...

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