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Tag Archives: Under Armour

Under Armour to raise minimum hourly pay to $15 (access required)

Under Armour is raising the minimum pay rate for hourly employees in the United States and Canada by 50%, a move that will affect 8,000 part-time and full-time retail and distribution workers, the company said Wednesday. Hourly rates will increase from ...

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Under Armour to pay $9M to settle SEC probe (access required)

The Securities and Exchange Commission today charged sports apparel manufacturer Under Armour Inc. with misleading investors as to the bases of its revenue growth and failing to disclose known uncertainties concerning its future revenue prospects. Without admitting or denying the findings ...

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Under Armour cuts revenue forecast, faces federal investigation (access required)

Following the revelation over the weekend that the federal government is investigating its accounting practices, Under Armour reported Monday that third-quarter revenues dropped 1% and said that it expects revenues for the year to fall short of expectations. The Baltimore-based ...

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Former Under Armour in-house counsel joins Womble Bond Dickinson (access required)

Nicholas Hawkins, former in-house counsel at Under Armour, is joining Womble Bond Dickinson’s Baltimore office, the firm told The Daily Record Wednesday. Hawkins handled trademark matters for athletes and celebrities at Under Armour and will now provide transactional, IP and ...

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Under Armour, turnaround continuing, shows Q1 profit growth (access required)

Under Armour Inc. Thursday reported first-quarter net income of $22.5 million, continuing the turnaround from the same quarter a year ago, when the Baltimore-based sports apparel and shoe company lost money. On a per-share basis, the Baltimore-based company said it had ...

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Under Armour seeks summary judgment in ‘I Can’ trademark dispute (access required)

After successfully arguing that its trademark lawsuit against a North Carolina-based apparel company should not be dismissed, Under Armour is asking a federal judge to grant it summary judgment in the case. In its latest responsive motion filed on Monday, ...

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