Highlights
Under Armour Inc. is a Baltimore-based company that manufactures and sells performance athletic apparel designed to wick sweat away from the body. Under Armour gear -- including shirts, jackets, socks, gloves, headwear and cleats -- was orginally marketed to football players, but the distinct Under Armour logo is now sported by athletes in all sports. The company has specific lines aimed at youth athletes and women and also sells light-weight apparel for cold weather known as Under Armour ColdGear. Under Armour was founded in 1996 by Kevin Plank, a former football player for the University of Maryland, who was looking for an alternative to the heavy, sweat-drenched cotton T-shirt he wore und...
Under Armour Inc. is a Baltimore-based company that manufactures and sells performance athletic apparel designed to wick sweat away from the body. Under Armour gear -- including shirts, jackets, socks, gloves, headwear and cleats -- was orginally marketed to football players, but the distinct Under Armour logo is now sported by athletes in all sports. The company has specific lines aimed at youth athletes and women and also sells light-weight apparel for cold weather known as Under Armour ColdGear. Under Armour was founded in 1996 by Kevin Plank, a former football player for the University of Maryland, who was looking for an alternative to the heavy, sweat-drenched cotton T-shirt he wore under his football jersey. In his first year, 1996, Plank sold about $17,000 worth of items; in 2006, the company's revenue exceeded $467 million. Under Armour gained popularity with a 2002 commercial in which a muscle-bound football player implored teammates to "protect this house!" The catch-phrase became a rallying cry for athletes, including the Baltimore Ravens, and helped propel Under Armour into the big leagues of sportswear sales alongside Nike, Reebok and others. Under Armour became a publicly traded company in 2005 and is listed on the Nasdaq stock market. In 2007, Under Armour opened its first retail store, in Annapolis, Md.
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Top-paid executives
Sun reporterConstellation Energy Group dominated the list of the most highly paid local executives in 2007, a year in which the company's stock price rose nearly 50 percent. Leaders at the Baltimore Gas and Electric Co. parent accounted for four of the top 10 -...Tags: Sinclair Broadcast Group Incorporated, CEO Pay, Rockville (Montgomery, Maryland), Corporate Officers, Government
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Franklin to play at Wrigley Field
Lake Brantley's Nick Franklin will participate in the Under Armour All-America baseball game Sunday at Wrigley Field in Chicago. He was on the 18-under national team that lost to Korea in the World AAA Junior Championships this month in Edmonton,...Tags: Wrigley Field
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Fantasy game names names
Tallahassee BureauBobby Bowden said last week he wouldn't mind having Florida quarterback Tim Tebow on his team. Gators receiver Percy Harvin wouldn't be a bad addition, either. The Florida State coach, never much for computers, was talking about reality, about his need...Tags: Bobby Bowden, Florida State University, Game Playing, Athletes, Percy Harvin
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Under Armour 2Q earnings decline 75%
Sun reporterSports apparel company Under Armour Inc. this morning posted a 75 percent earnings decline for the second quarter caused by high margins and marketing expenses. Net income was $1.4 million, or 3 cents per share, for the three-month period ended June 30.... -
Christy Larrimore
Special to The SunForget Baltimore's hot, muggy weather. Christy Larrimore is a summer breeze personified as she dashes out to grab lunch at Harvest Table, from her new job as a retail marketing operations coordinator at Under Armour. We also found out Larrimore isn't...Tags: Dancing, Dance, Clothing and Textiles Industry
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Last week's headlines
Two years after taking over 10 Macy's stores, including three in the Baltimore market, the Boscov's department store chain is wrestling with a "perfect storm" of slowed consumer spending and the credit crunch. Kenneth S. Lakin, chairman of the Reading,...Tags: Locust Point, Rockville (Montgomery, Maryland), Illnesses, Prices, Mental Illness
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Under Armour winning its bet
Sun reporterSports apparel company Under Armour Inc. took a calculated gamble earlier this year, spending millions to promote a new performance trainer sneaker even though it knew it would take an earnings hit and upset some investors. Yesterday it appeared it was...Tags: Super Bowl, Weaponry, Sales, Inventories, Real Estate Sales
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Mike Brown confident of playing full season for Chicago Bears
Tribune reporterAll eyes will be on the quarterback when the Bears take the field Thursday night at Soldier Field in their first exhibition against Kansas City, and that's not necessarily a reference to Kyle Orton or Rex Grossman. "It's always good to have Mike Brown...Tags: Devin Hester, Lovie Smith, Josh Beekman, Kyle Orton, Nathan Vasher
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Sports on TV
TELEVISION ++++++++++++++++++++ || Baseball || Washington@Dodgers (T) || MASN || 8 a.m. || || || Angels@Boston || ESPN || 7 || || || Orioles@Yankees || MASN || 7 || || || Orioles@Yankees (T) || MASN || 11:30 || || High school lacrosse || Under...Tags: ESPN
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Dow gains 135 as drop in oil prices boosts mood
From wire reportsWall Street shook off early doldrums and closed sharply higher yesterday after another drop in oil prices encouraged investors to set aside financial sector worries and go bargain hunting across the market. Stocks initially fell on uneasiness about...Tags: Stock Activities, Texas Instruments Incorporated, Domino's Pizza Incorporated, New York Stock Exchange, Financial Markets
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Under Armour in public eye
Sun reporterDetectives in the HBO crime series The Wire go after bad guys in Baltimore wearing shirts and tactical gear made by Under Armour. The thugs in the television show wear hats and hoodie sweat shirts manufactured by the sportswear company. Golf characters...Tags: Television Industry, Advertising, Tiger Woods, Management Change, Academy Awards
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The show goes on
Housing foreclosures have hit record numbers. It can cost $100 to fill up an SUV. Even Fannie and Freddie might need an advance on their allowance from Uncle Sam. Can the economic news get any worse? Oh, yes. The faltering economy now is coming after...Tags: Coca-Cola Company, Vehicles, Federal Hill Park, Festive Event
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