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Under Armour

Sep 25, 2018

Under Armour fills marketing chief position, hires digital executive

Under Armour’s marketing department is undergoing another leadership change, but it’s an adjustment the company framed as hiring the right person for the job. The Baltimore-based sports apparel and footwear maker named Alessandro de Pestel as chief marketing officer on Tuesday. Under Armour also announced Ann Funai senior vice president, engineering. “We’re excited to welcome [&hel[...]

Sep 20, 2018

Another round of job cuts Under Armour’s latest prescription for rebound

Now in its second year, Under Armour’s campaign to regain its swagger will end up costing 680 employees, nearly 5 percent of its global workforce, their jobs. Cutting jobs, however, isn’t necessarily a bad sign for the company. Brands like Under Armour that experience explosive growth often need to reassess their operations, make sure they’re […]

Sep 20, 2018

Judge dismisses Under Armour shareholder lawsuits

A federal judge has dismissed two lawsuits brought by Under Armour shareholders against the company, finding the complaints were either time-barred or failed to adequately allege that the company intentionally misled about sales and future profits.

Sep 5, 2018

Nike has Kaepernick; Under Armour has … Brady

Like it or not, Nike's move this week to launch a fresh advertising campaign featuring Colin Kaepernick puts rival Under Armour in what may be an uncomfortable position in the nation's ongoing cultural and political debate.

Jul 26, 2018

Under Armour meets street expectations in $95.5M loss

Under Armour is rebuilding momentum in its home market.

May 1, 2018

Under Armour: Q1 loss can’t obscure ‘solid progress’

Under Armour announced a $29 million operating loss ahead of its first quarter earnings call on Tuesday.

Mar 30, 2018

Under Armour hit by data breach affecting 150 million users

Sports apparel merchant Under Armour has become the latest victim of a massive digital theft of sensitive information about tens of millions of customers. The Baltimore company disclosed Thursday that an intruder grabbed the email addresses and login information during a February break-in affecting about 150 million users of its food and nutrition website, MyFitnessPal. […]

Mar 8, 2018

Under Armour trademark lawsuit to move forward

Under Armour’s trademark lawsuit against a North Carolina-based apparel company can move forward after a Maryland judge denied the defendants’ motion to dismiss. Battle Fashions Inc. and owner Kelsey Battle asked the court to dismiss the lawsuit for lack of jurisdiction in February. In turn, Under Armour argued Battle had interfered with its business in […]

Feb 13, 2018

Under Armour hears a new sound from investors — cheers

Stronger-than-expected revenue growth and international sales introduced a new, upbeat element to the company’s year: a surge in its stock price.

Feb 7, 2018

Defendants in Under Armour trademark lawsuit challenge jurisdiction

A North Carolina-based apparel company being sued by Under Armour in a trademark dispute has asked a Maryland judge to dismiss the case for lack of jurisdiction. Battle Fashions Inc. and owner Kelsey Battle previously have accused Under Armour of trademark infringement over the Baltimore apparel giant’s “I Can Do All Things” and “I Can. I Will.” […]

Dec 29, 2017

Under Armour says former analyst not entitled to overtime

Under Armour has responded to a lawsuit filed by a former analyst for backpay, saying the Baltimore sportswear giant correctly paid the employee for his work. Stephen Brianas filed suit in U.S. District Court in Baltimore in October, alleging he was wrongly classified as a salaried employee and is entitled to overtime pay. He claimed […]

Nov 21, 2017

Head of Under Armour’s footwear unit reported to be leaving

The head of Under Armour’s struggling footwear division is leaving the company, the latest in a series of departures by top executives at the Baltimore-based sports apparel company, the Wall Street Journal reported Tuesday. Peter Ruppe, the senior vice president of the company’s footwear operations for the past two years, is leaving, the newspaper said. […]

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