Under Armour still owns a lot of digital assets (1). I think this set back will help UA prepare for future successes. Bold Prediction: I think by 2035 neither Nike, Adidas, or Under Armour will be the dominant shoe brand. I believe we will have a new company which will change the game dynamically. A new Apple or Tesla of shoes. (1) https://www.google.com/amp/s/amp.businessinsider.com/under-a...
not a crazy prediction. My prediction: Amazon. I have a few pairs of their branded shoes. Simple, cheap, effective. People will eventually realize the newest neat-o feature in the latest shoes are not that big a deal.
If we see a new shoe company, it will be an athlete-run business that comes from someone like Lebron or Curry starting their own brand. But Nike / UA would never let that happen which is why they pay them millions of dollars in endorsements. And if it did happen, Nike would acquire the new company in short order.