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The other shoe has dropped for struggling sneaker company Under Armour.Under Armour reported quarterly sales Tuesday that fell nearly 5% from a year ago, missing forecasts badly. The company also lowered its outlook for the year again.That news sent the company's two classes of stock down more than 15% Tuesday. They had already lost nearly half their value for the year ahead of the earnings report. (Under Armour's UAA shares have voting rights while the UA shares do not.)CEO Kevin Plank said in the earnings release that the biggest problem is lower demand for its shoes and athletic apparel in its home market of the United States.The Baltimore-based company has been growing internationally, with sales surging in Europe, Latin America and Asia during the quarter.But those markets are still relatively tiny for Under Armour. Revenue in North America makes up more than three-quarters of its overall sales -- and those sales plunged 12% in the third quarter.It's a stunning fall from grace for Under Armour, which not that long ago was gaining market share at the expense of Nike and Adidas.The company signed Golden State Warriors star Steph Curry a few years ago, a move that seemed like a slam dunk success, since Curry has gone on to win multiple NBA MVP awards and two championships.But several iterations of the Curry shoes have routinely been mocked on social media for not looking cool. Even Curry's teammate Kevin Durant, who endorses Nike, poked fun at Under Armour earlier this year.Making matters worse, there have been reports of supply chain issues with the new Curry 4 line of sneakers. And Under Armour confirmed during its conference call with analysts Tuesday that it will delay some products to the fourth quarter.Under Armour also suffered from bad PR earlier this year after Plank agreed to join the White House's now defunct manufacturing council. Plank said in an interview with CNBC that "a pro-business president is something that is a real asset for the country."Curry told The Mercury News that he agreed with Plank -- but only "if you remove the 'et' from asset." Other professional athletes have been vocal about their disagreements with Trump as well.As such, Plank -- like many other CEOs -- has distanced himself from Trump lately.After Trump was reluctant to criticize neo-Nazis at a white supremacist rally, he then bashed Curry for not wanting to visit the White House and attacked athletes who protested the national anthem. Under Armour has come to the defense of its star endorsers.But that hasn't been enough to rejuvenate Under Armour's flagging sales or stock price.Meanwhile, Adidas has thrived in the past year while Under Armour and Nike have both struggled. Even Skechers has enjoyed a resurgence lately.So what can Under Armour do to get back on track? Neil Saunders, managing director of the research firm GlobalData Retail, wrote in a report that the company should continue to focus on expanding globally, which has been successful for Under Armour.But Saunders added that the company has to do more to court women as consumers, as Nike, Adidas and yoga apparel king Lululemon have successfully done."Under Armour is not so broken that it cannot be fixed. But the days of glory, when it would post double-digit uplifts in sales, are over. Now is the time to work out, slim down, and become more competitive," Saunders wrote. 3394
The opioid crisis has stolen the lives of thousands of those susceptible to addiction. But medical experts say that the crisis can be stemmed if parents take a stand when it comes to painkiller prescriptions.Hayden Kozlow can still remember the moments before this, the surgery to get her wisdom teeth removed."I hate needles," Hayden Kozlow said. "I hate like getting surgeries and things like that so I was super nervous and really scared."But her mom, DeEtte Kozlow, says for her, the most nerve-wracking part of it all happened with Hayden's nurse, before procedure began."As she was walking us through everything she said you know before it's all said and done I'll get Hayden's script for a painkiller," DeEtte Kozlow remembers. "And I said, 'Oh that won't be necessary. We don't need a painkiller.' And she said, 'Oh, you have to have a painkiller.'"Deette Kozlow says she felt obligated to take the opioid prescription, despite her reservations."Well, the opioid epidemic has touched us personally," Kozlow said. "And in December of 2016 we lost a very dear friend."But her biggest concern? Her daughter's age."I kind of panicked for a minute because she is 17," DeEtte Kozlow says.Research shows that for those who start using drugs or alcohol before the age of 18, there is a one-in-four chance of future addictions. For those who start using after the age of 21, that number falls to one-in-25."When you think about the developing teen brain, that brain is much more susceptible to addiction than an adult, fully-developed brain," said Ken MacLellan with Speak Now, a group that urges parents to talk with their children about drugs and alcohol. "So that's why we see that 90 percent of addictions start in teenage years because of all that brain development processes happening during adolescence."Speak Now is also working to urge parents to talk with their children's doctors, dentist and other health care providers about alternatives to prescribing highly addictive opioids and other pain relievers for their children."You don't have to fill that prescription, and you don't have to provide the drugs to your youth if you can figure out a different pain treatment plan," MacLellan said. "If so, there are alternatives."DeEtte Kozlow decided to treat Hayden with Tylenol, and she made a full recovery. Now, DeEtte has this advice for parents."Educate themselves," Kozlow said. "To talk to their doctors ahead of time ask for alternative medications other things that can be used other naturopathic things." 2560
The man suspected of killing and wounding multiple people at Strasbourg's famed Christmas market was killed by French police, following a shoot-out not far from the scene of Tuesday's attack.Authorities announced Friday a fourth person had died as a result of being shot by the suspect, and 12 others are wounded.Cherif Chekatt, the 29-year old suspect, was shot dead on Thursday evening, two days after he first disappeared sparking a massive manhunt involving hundreds of police officers, soldiers and anti-terror specialists from three European countries.French Interior Minister Christophe Castaner said police recognized a man who looked like Chekatt walking on the street in Strasbourg's Neudorf district on Thursday night and approached him. He opened fire on officers when they tried to question him, he said.Police returned fire, killing the suspect, Castaner said."As I am speaking to you, I am thinking about the victims and the wounded. I am thinking of those close to them. I am thinking of Strasbourg and France that was hit by this terrible attack," Castaner said.On Thursday, Strasbourg police said the death toll from the attack had risen to three, after one person succumbed to their injuries. Another was declared dead Friday.Four people remain in serious condition with eight others suffering light injuries.The hunt prompted a curfew in the eastern French city near the German border and forced the country to raise its national security threat level to its highest status: "emergency terror attack."French prosecutors said the suspect shouted the Arabic phrase "Allahu Akbar," meaning "God is greatest," at the time of the attack."It's relief for the people of Strasbourg to know that the attacker has been killed," Strasbourg Mayor Roland Ries said, adding that the Christmas market would reopen on Friday.The French National Police thanked the public for their assistance in finding Chekatt."Thank you for your alerts which allowed us to find the wanted individual," the National Police said on Twitter.Earlier on Thursday, Paris prosecutor's office said that a fifth person was taken into custody in relation to the attack. "At this stage there are five people in custody," a spokesperson said.Authorities said Chekatt entered the perimeter of the market, one of the oldest in Europe, by the city's Corbeau Bridge and started shooting and stabbing passers-by on the Rue des Orfevres around 8 p.m., when many were in the middle of their Christmas shopping.Anti-terror police flooded the market and tried to arrest the suspected gunman. He exchanged fire with security forces, suffering an injury to his arm. The suspected gunman then jumped into a taxi and fled the scene, Heitz said.On Thursday, French police evacuated buildings and cordoned off the area close to where Chekatt had fled. The gunman's father, mother and two brothers were also questioned by police, a source close to the investigation told CNN.Checkatt was already known to security services as a possible threat, police said. He has an extensive criminal background that includes 27 convictions in France, Germany and Switzerland, mostly for acts of robbery and violence.A spokeswoman for the Swiss Federal Police, Cathy Maret, said Chekatt was well known to authorities there, having been arrested and convicted several times in Switzerland for crimes such as break-ins, theft and violence. He was not on their radar as a radical Islamist or for narcotics violations, she said.In 2017, he was deported from Germany to France after the Interior Ministry in the German state of Baden-Wuerttemberg confirmed he had been convicted of break-ins and serious theft in 2016 and spent time in a German prison. The German Federal Criminal Office said the suspect was not known in Germany as a radical Islamist.However, Chekatt was known to French prison officials for being radicalized and for his proselytizing behavior in detention in 2015, Paris prosecutor Heitz said, adding that he had been incarcerated multiple times.He was also on a French watch list called a "Fiche S" surveillance file. The "Fiche S" is a French terror and radicalization watch list that includes thousands of people, some of whom are under active surveillance, meaning they are on law enforcement's radar.Hours before the attack, French gendarmes tried to bring Chekatt in for questioning but found he wasn't home, a spokesperson for France's National Police told CNN earlier this week, without providing further details.Chekatt was born in Strasbourg, according to CNN affiliate BFM. 4554
The man at the center of an election fraud investigation in a North Carolina congressional race turned in nearly half of the requests for absentee ballots in a single county, records released Tuesday by the state's elections board show.Leslie McCrae Dowless, a veteran political operative in Bladen County who was convicted of insurance fraud in 1992 and was connected to questionable absentee ballot activity in another election, is at the center of a probe into unusual activity in the county.Dowless worked for Republican candidate Mark Harris, a Baptist minister who tallied 905 more votes than Democratic businessman and retired Marine Dan McCready.Dowless personally turned in 592 of the 1,341 total absentee ballots requested in Bladen County. Only 684 absentee ballots were ultimately cast in the county. Dowless did not return CNN's request for comment. Dowless has denied any wrongdoing to The Charlotte Observer. The state's Board of Elections and Ethics Enforcement last week refused to certify Harris as the winner as it investigates potential misconduct. If the nine-member board determines the election was tainted enough to cast doubt on its outcome, it can order another election.The probe appears to focus on Bladen and Robeson counties, which each had unusually high rates of absentee ballot requests and unreturned absentee ballots.In Bladen County, officials kept records of who turned in absentee ballot requests in person. Those records were made public by the state elections board late Tuesday afternoon.The board also released envelopes of 184 absentee ballots in Bladen County they received back as return to sender mail because it was undeliverable. These ballots were requested in some form but the addresses designated were undeliverable.Both Bladen County and Dowless have been at the center of controversy over absentee ballots before. In 2014, Dowless worked for Jim McVicker, who was narrowly elected sheriff amid allegations of absentee ballot misconduct. McVicker did not respond to a request for comment Tuesday and his office said he was unavailable.In 2016, Dowless -- this time as a winning candidate in a race for the Bladen Soil and Water Conservation District -- claimed absentee ballot irregularities. The state board of elections dismissed his complaint.In recent 9th Congressional District elections, absentee ballots have tipped in favor of the candidates employing Dowless.In 2016, Todd Johnson, a Republican who had hired Dowless as he opposed Rep. Robert Pittenger in a primary, won 221 of the 226 absentee ballots cast in the district -- even as Johnson finished third in the primary. Johnson did not respond to requests for comment Monday and Tuesday.This year, Harris won 437 absentee ballots in Bladen County to Pittenger's 17, though there was no allegation of ballot tampering in that race. Harris won 420 absentee votes in the general election in Bladen County to McCready's 258.Wake County District Attorney Lorrin Freeman said her office and the State Bureau of Investigation have launched criminal investigations into what appear to be voting irregularities in Bladen County in 2016.Freeman told CNN she opened the investigation this February based on information forwarded by the state elections board. The same information was sent to Bladen County District Attorney Jon David, she said, but he requested that Freeman take the lead in the probe."That investigation is ongoing and encompasses now those 2016 and 2018 election cycles and focuses on what appear to be absentee ballot irregularities," Freeman said.She said the probe, which includes reviewing documents and interviewing witnesses, currently focuses on Bladen County but may expand beyond it. She also said she is in communication with federal authorities, but did not offer more details.Dowless is also at the center of allegations that absentee ballots were tampered with. A set of 161 ballots obtained by CNN showed that nine people individually signed as "witnesses" on at least 10 absentee ballots. Many of those nine are loosely connected to Dowless, a review of social media accounts and public records showed.North Carolina requires witnesses to sign absentee ballots. Usually, those witnesses are family members or friends. But a CNN review found three witnesses signed more than 40 ballots each, another signed 30 and three other people signed more than 10 apiece.One of those people, Ginger Eason, told CNN affiliate WSOC that Dowless paid her between and 0 per week to pick up finished absentee ballots. She said she handed them to Dowless and isn't sure what happened after that.Lacy Allison, a voter in Bladenboro, told CNN on Tuesday that Lisa Britt, a Dowless associate, had filled out an application for an absentee ballot for him. Allison said Britt had told him she'd bring it back for him to sign -- but he never saw her again.He shared Britt's phone number with CNN, but when reached, Britt said she had no comment.Emma Shipman, a Bladen County resident who filed an affidavit with the state elections board, said Tuesday that she'd had no interest in voting and wasn't sure why an absentee ballot had arrived -- but that she gave it to a woman who came to her door offering to help fill it out and turn it in.Shipman said she doesn't know who she voted for."I don't know what happened," she said.In a sworn affidavit submitted to the elections board by North Carolina Democrats, one man says he spoke to Dowless in April and that Dowless told him he was working on absentee ballots for Harris and McVicker this year and had more than 80 people working for him.Harris' campaign acknowledged it had received a subpoena for documents from the state elections board."I want to emphasize -- again -- that the campaign was not aware of any illegal conduct in connection with the 9th District race; however, the campaign intends to cooperate with all lawful investigations of the conduct of the election and, like everyone else, is awaiting the outcome of the investigation by the State Board," said John Branch, an attorney for the Harris campaign, in a statement.The-CNN-Wire 6131
The jarring noises and machines inside the Usheco plastics warehouse sound like home to the Schaeffer family.“My grandfather, Bernarr Schaeffer, started the business in ’61. So, proud to be third generation,” said Alethea Shuman, who will one day take over the company for her father.The company started with the World War II fighter pilot, and now, more than 60 years later, nearly every member of his family has worked inside these four walls.“It’s like having your own team. There’s an extra level of trust that you just don’t get elsewhere,” said Wayne Schaeffer, Bernarr’s son and the President of Usheco.They build all kinds of plastic devices. The company is known for air purifying planters, handicapped equipment, and laboratory supplies.“Our business was really founded on my grandfather wanting to make health-related products,” said Shuman. Now, this family is seeing a huge boom in some new products.At the start of the pandemic when everything shut down, Usheco had to lay off much of their staff because business dropped by about 40 percent. However, they designed face shields and desk barriers and had to bring everyone back on and hire extra workers on just to fulfill all their orders.“We only cut everyone’s hours for one week," said Shuman. "The following week, we were back to full-time hours for everyone."Hundreds of thousands of face shields and plastic desk barriers in custom shapes and sizes are coming out of this factory.While most businesses are in need of help themselves, the plastics industry is one of few seeing pandemic profits.“Things are looking pretty good for us,” said Schaeffer. “How can you not be thrilled to be helping out and making your business grow?”The Schaeffers say their U.S. made products are growing to a global scale. “Our pricing is similar to China now,” said Wayne.“We’re seeing new quotes coming in for things that are typically done overseas and were grateful to be able to help with that,” said Shuman.Shuman said by the time she takes over the business, she hopes the products keeping her grandfather’s legacy alive are no longer in stock.“I’m hoping we figure out a way to get past this and we’re not going to need PPE and sneeze guards, and the business coming back to the U.S. is going to support us. And from what I can see, that’s happening,” she said.But more important than business, is carrying on a tradition.“Over the last few months, we really have understood where our roots are and where we’re going,” she said.Towards a future where simple, plastic products mean more than ever before. 2571