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Under Armour 4Q revenue up 25%
Under Armour, the Baltimore-based sportswear manufacturer, announced Thursday fourth-quarter net revenues of $506 million, up 25 percent.
Under Armour’s 3Q profit up, but supply chain issues persist
Under Armour Inc.’s third quarter brought an increase in profit, the company said Thursday, but supply chain management issues continued to beleaguer the Baltimore-based performance athletic apparel firm.
Under Armour helps refurbish Dunbar’s stadium
When the Paul Laurence Dunbar High School varsity football team kicks off against cross-town rival Carver Vocational-Technical High School on Oct. 26, it will do so in high style.
More, again, for Corrigan
For the 12th year in a row, Corrigan Sports Enterprises is doing more for its signature event, the Under Armour Baltimore Running Festival, than it did the previous year..
Under Armour lowers its projections for online sales
Under Armour Inc. executives said Tuesday they have lowered projections for online sales for the year as the Baltimore-based sports apparel company continues to have difficulty converting site visits to dollars.
Under Armour sets sights overseas
As Baltimore-based Under Armour Inc. continues to position itself for growth, the company is looking to expand internationally. “A large piece of the foundation that we just put in place was with the hiring of a gentleman named Charlie Maurath,” CEO and founder Kevin Plank said Tuesday at the company’s annual shareholder meeting. “He’s going […]
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 income was $14.6 million, or 28 cents per share, a 21 percent increase from $12.1 […]
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 around the globe. He worked most recently as the senior vice president of Adidas Latin […]
Under Armour’s 4Q revenues and profit up, but 2012 forecast lowered
Revenues were up 34 percent at Under Armour in the fourth quarter of 2011 as sales of footwear and the company’s new line of “charged” cotton products were strong. Under Armour reported Thursday that net income for the final quarter of the year also rose, up 42 percent to $33 million, compared to $23 million […]
Under Armour sues Energy Armor for infringement, cybersquatting
Under Armour Inc. is suing Energy Armor, a Florida company that makes silicone bracelets imbued with “negative ions,” accusing it of trademark infringement and cybersquatting. Baltimore-based Under Armour filed the lawsuit Friday in U.S. District Court in Baltimore, claiming that Energy Armor was selling sporting apparel like bracelets, hair bands and baseball caps that imitate […]
Under Armour third quarter profit up 32 percent
Profits were up 32 percent at Under Armour Inc. in the third quarter of 2011 as revenue continued to increase due to new products including charged cotton and fleece. The Baltimore-based company announced Tuesday that net revenue was up 42 percent in the third quarter to $466 million, compared to $329 million in the previous […]
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 TIF bonds to install a public greenway path near the waterfront connecting Locust Point with […]
