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Tag Archives: apparel

Under Armour reports increase in revenue, income

Under Armour Inc. saw revenue increase by more than 20 percent for the eighth consecutive quarter, the company reported Friday. First-quarter revenue rose 23 percent, to $384 million, from $313 million in the corresponding quarter last year. The quarter’s net ...

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Milk does a body good — even when worn

HANNOVER, Germany — Wear Milk? Anke Domaske says why not. The 28-year-old German is the designer of an award-winning new textile made entirely from milk that’s environmentally friendly as well as soothing to people with skin allergies. Called “Qmilch,” it ...

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Baltimore man sentenced for selling counterfeit items

Federal authorities say a Baltimore man has been sentenced to 30 months in prison for selling counterfeit items purportedly made by Louis Vuitton, Prada, Nike and others. Forty-seven-year-old Marvin Johnson was also ordered to forfeit nearly $24,000 in unlawful proceeds ...

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Under Armour 1Q earnings beat expectations, but stock drops

Concerns about short selling triggered a market circuit breaker on shares of Under Armour Inc. Tuesday in heavy trading that saw the sportswear company’s shares drop 11 percent. Despite a strong earnings report, shares of the Baltimore-based company lost $8.83, ...

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