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Under Armour

Nov 2, 2017

Under Armour suing NC apparel company over trademark dispute

Under Armour has a message for a North Carolina company claiming the Baltimore-based apparel giant cannot use certain phrases to market products: It Can. And It Will. Under Amrour is seeking a declaratory judgment against Battle Fashions Inc., which has accused Under Armour of trademark infringement over its “I Can Do All Things” and “I […]

Oct 5, 2017

Former Under Armour analyst suing company for back pay

A former analyst for Under Armour is suing the Baltimore sportswear giant, alleging he was wrongly classified as a salaried employee and is entitled to overtime pay. Stephen Brianas claims he and others were hired as analysts by Under Armour to work in the company’s “Brand House,” factory store, wholesale retail and internet sales divisions, […]

Sep 25, 2017

NFL controversy overshadows Under Armour and Curry’s plight

The NFL’s tumultuous weekend may have saved Under Armour from having to deal with another politically induced headache. Under Armour endorsee Stephen Curry was sucked into the nation’s divisive politics, again, over the weekend. Curry becoming entangled in political controversy would’ve come at a particularly bad time as the company is preparing to introduce the […]

Aug 14, 2017

Under Armour’s Plank quits Trump’s advisory council

Under Armour founder and CEO Kevin Plank announced Monday night that he was quitting a White House manufacturing advisory panel, a step that came after President Donald Trump came under withering criticism for what some said was a tepid response to a white supremacist rally Saturday in Charlottesville, Virginia, that turned violent. “I joined the […]

Aug 4, 2017

Under Armour’s shoe business has to step it up

In a year that has been plenty humbling for much of the retail industry, few companies have gotten quite the comeuppance Under Armour Inc. has. The athletic apparel giant reported on Tuesday that its revenue in the latest quarter was up 9 percent over the same period a year earlier. That marks the third consecutive […]

Aug 1, 2017

Amid growth slowdown, Under Armour announces restructuring

For years, Under Armour was the company that grew. Wall Street analysts and shareholders celebrated the company’s exponential growth in quasi-religious terms. But over the last year, that growth has slowed and CEO Kevin Plank, who could once walk across the water to Port Covington, has found the company he founded under fire and falling […]

Jul 11, 2017

Under Armour a finalist for ESPN corporate citizen award

Normally a sponsor of ESPY winners like Steph Curry, Tom Brady and Jordan Spieth, Under Armour could receive its own award from ESPN on Tuesday night. The company was named one of four finalists for ESPN’s Corporate Community Impact Award. The winner will be named tonight at ESPN’s Sports Humanitarian of the Year awards show […]

Jun 27, 2017

Change at Under Armour: Plank still CEO, will step back as president

Under Armour Tuesday named Patrik Frisk as president and chief operating officer, providing founder Kevin Plank with a partner at a time when the Baltimore-based athletic apparel company has hit a rough patch. Frisk takes over July 10, and will report directly to CEO Plank. His responsibilities include executing the company’s longer-term growth plan and […]

May 30, 2017

Under Armour, Heart of America Foundation spruce up Baltimore school

The Heart of America Foundation and Under Armour, in partnership with Baltimore City Public Schools, Tuesday unveiled the newly updated school spaces at James McHenry Elementary in Baltimore. During the prior week, over 1,000 volunteers from Under Armour helped transform the gymnasium, cafeteria, courtyard and hallways. They also restarted the school’s food pantry and gathered […]

May 18, 2017

Under Armour to make MLB uniforms a year ahead of schedule

NEW YORK — Under Armour will take over from Majestic Athletic as the supplier of Major League Baseball uniforms in 2019, a year earlier than previously scheduled. Fanatics Inc. and MLB announced an agreement in December that gave the company licensing rights to manufacture and distribute merchandise starting in 2020. Fanatics signed a deal last […]

May 1, 2017

Md. appellate court orders Under Armour to pay architecture firm losses

A Baltimore architecture firm hired to design the visitor’s center at Under Armour’s headquarters is allowed to collect money for losses under an expense-shifting clause in the contract between the parties, a Maryland appellate panel has held. The Court of Special Appeals on Thursday affirmed Under Armour has to pay Ziger/Snead LLP $62,000 in compensatory […]

Apr 27, 2017

Under Armour in unfamiliar territory after posting 1Q loss

Growth has slowed for Under Armour in the face of aggressive competition from those two established brands alongside weak demand for its shoes.

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