Feb 12

1. #fashion Under Armour shares tanks as it is confronting many challenges a head (CNBC)

What’s going on?

Under Armour’s 2019 revenue fell short of investors expectation, then the company also announced the slower predicted 2020 sales. What is happening?

Zooming out

3 biggest challenges for Under Armour at this time:

• Growing competition from Nike, Lululemon and Adidas, which have created more fashionable workout gear to reach younger consumers
• Retailer’s problem: UA relies on retailers more than any other players. Retailers ’ve had to slash prices to better compete with Amazon’s rock-bottom prices. Then when shoppers get used to finding Under Armour on the discount racks, they’re far less likely to pay the full price
• The Coronavirus outbreak that dragged the revenue stream from international tourists

2. #tech How business apps help Chinese work from home (SCMP)

What’s going on?

In the midst of the Coronavirus outbreak, the majority of Chinese have to work from home. This lead to an upsurge demand for video conferencing platforms.

Why do I need to know?

• Dingtalk (owned by Alibaba): (1) Offered free use of its work-from-home features and (2) Added beauty filtesr to save users the trouble of putting on makeup to look good while working from home.
• WeChat Work (an offshoot of Tencent WeChat): (1) Increased the maximum number of attendants in video conferencing, (2) Added telemedicine feature for hospitals and (3) Added free online training for schools

3. #tech Samsung released S20 yesterday, then this is the summary of all the things you need to know (Forbes)

What’s going on?

“After a couple of years of other Android phone makers nipping at Samsung’s heels, the S20 lineup is the company’s statement for 2020 that it can still make the best Android phones” (TheVerge)

Zooming out

• Models and Pricing: S20 comes in three flavors: S20, S20+ and S20 Ultra
• Design: not much different from S10, except from Apple-like camera
• Photography and Video: This is the area in which Samsung raised the bar: ‘Pro-Grade’ camera configuration: a wide-angle, telephoto and ultra-wide-angle three camera configuration with an upgraded digital camera pipeline featuring new, larger sensors
• Connectivity: 5G is coming, then with T-mobile and Sprint merger, yeh it rocks
• Storage, Memory and Battery: The second mobile phone in the world with 12GB and even 16GB RAM in S20 Ultra (industry first)