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Under Armour’s direct-to-consumer sales grow nearly 17% in 2017

(Bloomberg)—Under Armour Inc.’s direct-to-consumer revenue, which includes e-commerce sales, grew 16.7% last year, the retailer reported on Tuesday. In the fourth quarter, its direct-to-consumer revenue grew 13.5%. Those gains, along with robust international growth, helped Under Armour renew faith that it can bounce back from the worst slump in its history. The athletic-wear company also reported […]

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