Will the Wuhan Virus Crush Under Armour?
The Corona virus, also known as the Wuhan virus has left the world economy in shambles.
Businesses big and small have had a poor time adjusting to the decreased demand for non-essential goods.
700 Million dollars.
The lack of discretory income among consumers can be tied to multiple issues.
1. Most American businesses are closed at this point to halt the spread of the deadly virus.
2. People are being let go left and right because companies can't afford the overhead.
3. Fear is causing resource hoarding, but not for non-essential goods.
Will the sportswear giant survive? Leave your thoughts in the comment section below.
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