Pursuits
Under Armour Declines Over Fears That Steph Curry Shoe Is a Flop
- Foot Locker says new sneaker got off to a slow start
- Athletic brand counting on footwear to help fuel growth
The Under Armour Curry 3
Photographer: Jerritt Clark/Getty Images for Under ArmourThis article is for subscribers only.
Under Armour Inc. shares fell more than 5 percent over concerns that the company’s latest Stephen Curry basketball sneaker, part of an ambitious push into footwear, isn’t selling well.
Foot Locker, the world’s biggest sneaker chain, said on Friday that the new generation of the Curry shoe -- dubbed 3.0 -- hasn’t performed as well as earlier ones.