Under Armour is in negotiations with soccer powerhouse Real Madrid on a possible sponsorship deal, a Spanish sports newspaper says.
A deal to replace Adidas at the Spanish megaclub would significantly boost Under Armour's presence in the coveted European market and could be one of the richest deals of its kind.Read more
Plank's letter addressed his comments last week about Donald Trump. Plank said on CNBC that having "such a pro-business president is something that's a real asset to this country. People should grab that opportunity."Read more
Under Armour founder Kevin Plank responded Wednesday to criticism sparked by his comments last week about President Donald J. Trump, addressing the company's hometown of Baltimore to stress personal and brand values such as diversity, equal rights and opportunity.
Plank penned an open letter to the city that appeared as a full-page advertisement in The Baltimore Sun.Read more
Under Armour investors suffered significant losses as a result of what a shareholder's lawsuit called false and misleading statements about the company's prospects.Read more
Under Armour, facing criticism over comments about President Donald J. Trump by its CEO, issued a statement calling immigration “a source of strength” and saying it opposes the administration’s travel ban, while emphasizing its push to raise American manufacuturing capacity.
"These are not new or revised values," said the statement issued early Friday morning. "This is what we believe.Read more
Several Under Armour endorsers — including the high-profile ballerina Misty Copeland and actor Dwayne “The Rock” Johnson — took to social media Thursday to oppose flattering comments made by the company's founder and CEO about President Donald J. Trump.Read more