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|Posted: Mon 21:54, 30 Jun 2014 Post subject: 17-57-1497534
Here another likely source of growth: Under Armour has launched its new product line Cotton, continuing to showcase its innovation and diversifying from its traditional polyester apparel by introducing a new collection of men and women shirts and shorts made from a newly created high performance cotton. Analysts expect the cotton line to give the company a significantly larger addressable market, as Standard Poor states that Charged Cotton widens Under Armour market three to four times and Credit Suisse estimates that the market for cotton is up to 10 times greater than that for synthetic shirts (Credit Suisse January 27 Report on UA). With a wider market, Under Armour can look to increase sales and strengthen earnings..
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