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Tag Archives: sportswear

Under Armour hires Adidas executive Maurath

Under Armour Inc., which develops and markets athletic apparel, footwear and accessories, said Monday that it has hired Adidas executive Karl-Heinz Maurath as president of its international division. Maurath helped establish and expand Adidas’s presence in a number of countries ...

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Under Armour wants TIF for HQ expansion

The Baltimore City Council is expected to consider a request by Under Armour Inc. for tax increment financing bonds to fund a portion of the company’s massive expansion at Locust Point’s Tide Point complex. The sportswear giant would use the ...

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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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