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Stephen Curry and Under Armour still can’t break Nike’s basketball dominance (NKE, UA)

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Following the success of the Golden State Warriors and two-time NBA MVP Stephen Curry, sales of Under Armour’s Curry shoe line and basketball products surged and had people wondering if Nike’s decades-long dominance in the market was starting to erode (albeit from a near hegemony).

Not even close according to Dave Weiner, a retail analyst at Deutsche Bank.

According to Weiner, Nike is still king of the basketball business and the gains made by Curry and Under Armour have been short-lived.

While there was admittedly a slowdown in Nike revenue growth said Weiner, management and tracking data has appeared to read more >>>

Source:: BusinessInsider.Com