Under Armour has cut about 50 corporate positions across several departments, the Baltimore-based sports apparel maker said Thursday. “We made this decision to help reduce expenses to better … ...

Under Armour’s growth has trailed others in the industry, with Lululemon surpassing the retailer by revenue in 2021. For 2022, Under Armour’s sales grew 3% , reaching $5.9 billion.

Under Armour in May announced that it would cut promotions and certain inventory, and lay off employees as part of cost-cutting efforts, while focusing on higher-margin items. CEO Kevin Plank, who ...

Under Armour’s first quarter results reflected ongoing efforts to reposition the brand through tighter control of promotional activity and a sharper focus on premium product positioning. Although ...

Under Armour has expanded its retail footprint, this time with a new location - and store concept - in the athletic giant's hometown of Baltimore. The athletic giant held a grand opening ...

Earnings Results Under Armour stock reverses lower as high promotions and discounts to continue as inventories keep rising Full-year gross margin decline to be at the high end of previous forecast ...

Under Armour will not replace its COO, but rather hire a chief supply chain officer instead. Collier served as chief product officer since 2020, and the company said it will search for a replacement.

Athletic apparel company Under Armour (NYSE:UAA) will be announcing earnings results tomorrow before market open. Here’s what to look for. Under Armour beat analysts’ revenue expectations by 4 ...

Promotions could challenge Under Armour’s profit margins in the years to come. The athleticwear brand reported last week that its fourth-quarter gross margin declined 310 basis points to 43.4 ...

Under Armour, the sports apparel company, said on Wednesday that its founder, Kevin Plank, would return as chief executive, in a leadership shake-up that will seek to revitalize the struggling ...