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February 8, 2023 at 1:46 PM. ... Direct-to-consumer sales fell 1% for Under Armour compared to last year. Management reiterated that is still a place of over-investment for the company.
Shares for Under Armour plummeted 22% on Friday after the athletic sports brand reported a net loss after hitting pandemic-related issues and supply chain headwinds.
Shares of Under Armour (NYSE: UA) slumped 9.6% on Tuesday as of 12:17 p.m. ET.. The athletic apparel and shoe company has had a tough few years, as growth stalled out and profits have taken a hit ...
Net income. US$1.55 billion (2023) [2] ... competing against other well-known athletic sportswear brands such as Nike and Under Armour. ... In May 2023, it was ...
Under Armour also had released a product with scent control technology in 2012 titled, "Under Armour Scent Control". This line claims to be designed so that the wearer's scent cannot be detected. [45] Under Armour developed a new type of shirt called "Coldblack", which is designed to reflect heat and keep athletes cool in the sun. [46]
Under Armour has a new CEO and a new three-year plan to boost profitability. On Tuesday, executives touted both as key to boosting the Baltimore-based sports brand’s popularity and sales ...
Plank is the founder and executive chairman of Under Armour, a manufacturer of sportswear, footwear and accessories, based in Baltimore, Maryland. He was CEO from its founding until 2020 and returned as CEO in April 2024. [2] As of April 2023, his net worth was estimated at US$1.1 billion. [3]
Colin Browne is the CEO of Cascale, joining the consumer goods organization May 1, 2024. [1] Browne joined Cascale from Under Armour, where he most recently served as chief operating officer (COO) and interim CEO. [2] He succeeded Patrik Frisk as Under Armour's CEO on a then interim basis in June 2022. [3]