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Under Armour’s road ahead looks bumpy

Bloomberg Under Armour Inc managed to reach more customers than expected last quarter, even with most of its stores closed — but the road ahead is looking bumpy. The athletic-goods maker’s second-half revenue is likely to fall 20% to 25%, with its recently improved gross margin coming under new pressure, executives warned on a call with analysts. The volatile stock ...

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South Korea, Japan flap may hit Trump’s plans on China

Bloomberg A South Korean court is set to start liquidating assets of a Japanese company to compensate Koreans conscripted to work during colonial occupation, straining ties between two key US partners just as the Trump administration needs their help in countering China. A district court in the eastern city of Pohang will start a process on Tuesday to seize shares ...

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Polish top court rules Duda’s re-election valid

Bloomberg Poland’s Supreme Court ruled that the July 12 presidential election won by incumbent Andrzej Duda was valid and that minor irregularities didn’t affect the outcome. The ruling paves the way for Duda to start a new five-year term and defeats a legal challenge from the campaign of opposition-backed Warsaw mayor Rafal Trzaskowski, who lost to the president in the ...

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