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After a week of blisteringly bad press, Under Armour CEO Kevin Plank is second-guessing his word choice when it comes to Donald Trump. Plank bought a full-page ad in the Baltimore Sun on Wednesday ...
Under Armour has informed UCLA that it wants to terminate the record-setting $280-million deal the apparel giant signed with the school in 2016, a potential financial blow that the Bruins intend ...
In its lawsuit, UCLA alleges that Under Armour defrauded the school by embellishing its financial standing before securing a record $280-million contract with the Bruins.
KEY BACKGROUND. When Under Armour inked the $280 million, 15-year contract with UCLA in 2016, it was the biggest deal in college sports history. It also included a $15 million signing bonus for ...
Under Armour, the sports apparel company, said Wednesday that its founder, Kevin Plank, would return as CEO, in a leadership shake-up that will seek to revitalize the struggling brand.
Under Armour’s stock peaked around $52 in September 2015, but is currently trading around $20. It rose 2.6 percent in early trading Tuesday after the announcement about Mr. Plank, who will ...
CNBC notes that, "Under Armour has struggled on its home turf as of late in the face of stiff competition from Nike, Adidas and Lululemon. Its sales in North America dropped 2% in 2018 to $3.7 ...
John Varvatos comes to Under Armour with a long resume that includes designing products for brands like Converse, Ralph Lauren and Calvin Klein, where he famously created the first-ever boxer brief.
Under Armour continues to fall short, however, in attracting consumers to its shoes and apparel. That is particularly true in North America, where revenues slipped 2 percent last year to $3.7 billion.
It was once hyped as a worthy rival to Nike. But at present, Under Armour, founded by a 23-year-old former college athlete, is struggling to “just do it.” ...
The Under Armour Protect This House film was directed by Wes Walker and will detail the grit required to fight for your team and breathe new life into what it means to be part of one.
Under Armour, while massive in team sports, has had a rocky road in running. It’s not a go-to brand for marathoners, and it’s rarely in the conversation when talking about elite-level footwear.
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