At least that’s what teens are saying and they seem to prefer Adidas and Vans. Nike is still number one, though.

Under Armour is again the No. 1 brand males classify as an “old brand” that they no longer wear. Piper Jaffray notes among upper-income females, Under Armour got only one vote as the preferred apparel brand.

As a result, Piper Jaffray analyst Erinn Murphy is lowering earnings estimates and her price target for shares of Under Armour.

Related:  Teens are spending their money on Amazon and Adidas, while Nike loses favor.

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