Under Armour sees dip in profits amid decline in sales
Apparel revenue also decreased 6% to $1bn (£800m) and footwear revenue was down 7% to $331m (£262m)
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Under Armour has reported a 25% dip in operating income to $70m (£55m) for the three months to 31 December 2023, amid a 6% decline in revenues to $1.5 billion (£1.2bn).