Under Armour was a real threat to Nike. Now it’s fighting to stay ...
May 18, 2024 · 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.”
Under Armour to pay $434 million to settle lawsuit over sales ... - CNN
Jun 21, 2024 · Under Armour on Friday said it has agreed to pay $434 million to settle a 2017 class action lawsuit accusing the sports apparel maker of defrauding shareholders about its revenue growth in...
Under Armour Warns Restructuring May Cost More Than ... - U.S. News
Sep 9, 2024 · (Reuters) -Under Armour expects its restructuring efforts to cost more than it had previously forecast, the sportswear maker said on Monday, sending its shares down 3% in aftermarket trade.
UPDATE: With Dismal Q1 2025 Results, Under Armour Makes …
[Update as of Aug. 9, 2024] The day after Under Armour announced a brand leadership change, it shared results from its Q1 2025, which ended June 30, 2024. As a result of a 10% drop in revenue for the quarter, the brand has updated its fiscal outlook for 2025.
Under Armour shake-up shocks Wall Street, with ousted CEO not …
Mar 14, 2024 · Under Armour surprised investors late Wednesday with the news that its CEO is departing to be replaced by founder and former CEO Kevin Plank.
UNDER ARMOUR ANNOUNCES UPDATE TO ITS RESTRUCTURING …
BALTIMORE, Sept. 9, 2024 /PRNewswire/ -- Under Armour, Inc. (NYSE: UAA, UA) today announced an update to its Fiscal 2025 restructuring plan, including additional initiatives to optimize the...
Amid Layoffs, Restructure, Can Kevin Plank Turn Under Armour …
May 16, 2024 · Under Armour on Thursday became the latest athletic brand to announce a business restructuring plan as its chief executive officer Kevin Plank looks to rebuild heat at the struggling brand.
Under Armour is laying off workers as job cuts across US grow
May 16, 2024 · Sportswear company Under Armour announced plans to layoff workers due to declining sales becoming the latest compnay to shed jobs in 2024. Kevin Plank, the company’s president and CEO,...
PRESS RELEASES, EVENTS & PRESENTATIONS
Aug 8, 2024 · From how we train to how we compete to how we recover before doing it all again, our purpose is to empower those who strive for more. The latest in Under Armour news and events.
Inside Under Armour’s Plan To Make The Next Viral Sneaker
Feb 6, 2024 · Under Armour has a new footwear strategy that involves using its performance tech in new fashion-forward looks that can be worn in everyday life.