Sports group Under Armour has reported revenues of a little over $1.3 billion for the first quarter of its current financial year, the three months to June 30. This figure represents a fall of 2.4% year on year.

Its revenues from apparel sales were down 5%, reaching almost $825 million for the quarter. However, revenues from footwear were up by 4.7% and reached just under $365 million.

Revenues from sales in North America fell by 9.1% to $826.6 million, while in Europe revenues were up by more than 10% to reach $226.6 million.

Chief executive, Stephanie Linnartz, said the consumer retail environment in North America was challenging but that she was confident Under Armour would achieve “improved growth and profitability”.

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