Under Armour is betting on technology in 2019, with a suite of new digitally connected products being introduced through partners this week during CES, the big consumer electronics show in Las Vegas.Read more
For Stephen Curry fans, the wait is over for the next big shoe.
Under Armour officially launched the UA Curry 6, the latest version of the NBA star’s signature basketball shoe, on Friday.
The new sneaker, in a colorway called “Fox Theater,” was inspired by the marquee of the landmark theater of that name in downtown Oakland, Calif., Under Armour said.Read more
A former vice president for Under Armour has filed a lawsuit against the firm seeking at least $3.14 million, saying he was wrongly terminated and has been denied access to his stock in the company.
Tom Walsh, who joined the Baltimore apparel company in 2008, says in a filing in Baltimore Circuit Court that he was let go without explanation in early August.Read more
An analyst who has criticized Under Armour’s turnaround plan said he was shut out of the brand’s annual investors meeting Wednesday at its Baltimore offices.
Sam Poser, an analyst with Susquehanna Financial Group, said he watched a webcast of the meeting from his New York office.Read more
Under Armour CEO Kevin Plank told investors Wednesday that the company has stabilized its North American business after the second year of a three-year reorganization and is ready to apply a revised strategy for growth to other parts of the world.
“To stay one step ahead, we have to be constantly looking to see how we adapt,” Plank said. “We’ve gotten organized.Read more
Two sports marketing executives have reportedly left Under Armour amid an internal review of corporate spending practices.
The Baltimore-based sports apparel brand ousted Ryan Kuehl, senior vice president of global sports marketing, and Walker Jones, senior director of sports marketing, The Wall Street Journal reported Monday, citing unnamed sources.Read more