One
other key difference, at least for manufacturers: There was a natural
marketplace for the swimsuits. Speedskating is much more of a niche
sport, with about 1,300 active American competitors, according to US
Speedskating, and Under Armour officials knew they weren't prepping
apparel to be mass-produced and stocked on Walmart shelves. The target
audience is elite, world-class competitors."This is not something that
somebody is going to wear down the street or to a cocktail party,This
way the hat can be worn with a variety of items Lady bags that
are already in your closet, he said." Haley said. "This was never about
making money selling speedskating suits."But there could still be a
measurable upside, a win that transcends the medal podium in Sochi.This
type of hat will become a wardrobe staple,Silicone gifts and
build your confidence, which will lead to trying brighter colors and
bolder shapes. Kip Fulks, Under Armour's chief operating officer,And
some communities have ventured into zentai predictive
policing, patrolling an area when an algorithm predicts a crime might
happen. said the company's heritage is in tight-fitting compression
shirts and officials see the speedskating suit as a natural extension.
The
Olympics provide an important platform to spread the company's growing
brand across a global marketplace."It's all brand," Fulks said. "It's
getting in the hearts and minds of a wide audience that if you can
provide the world's greatest athletes with the best products, then Under
Armour should be able to work for what I do on a daily basis."Under
Armour has reported revenue growth of at least 20 percent in each of the
past 14 quarters. The company's full-year net revenue in 2013 is
expected to top $2.25 billion. With most of its sales coming from North
America, the company is eager to extend its reach, and Under Armour has
recently opened stores or offices in China, Japan, Mexico, Brazil and
Chile.
The
Olympics would help introduce a relatively young company to parts of
the world that have never seen Ray Lewis or Lindsey Vonn hawking Under
Armour gear in commercials, officials say."If you look at the global
marketplace, only 10 percent of our sales come from outside the United
States," Fulks said. "It's a pretty good return on investment if you can
look back in five or 10 years and say now 50 percent of our sales are
coming from outside the U.S."Once the Olympic team is selected, skaters
will have a final fitting to make sure every wrinkle is accounted for
and should receive their new suits shortly thereafter.Like the skaters,
the engineers and manufacturers will measure their success on the medal
podium.
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