Under Armour reshuffles board with three new appointments

Under Armour announced on Tuesday the appointment of Dawn Fitzpatrick, Eugene Smith, and Robert Sweeney to the U.S. sportswear firm’s board of directors. Under Armour For the last eight years, Fitzpatrick has served as chief executive officer and chief investment officer of Soros Fund Management, privately held investment management firm. Before joining Soros in 2017, the executive spent […]

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Under Armour and Unless debut regenerative sportswear collection at Milan Design Week

Under Armour and the world’s first all-plant, zero-plastic regenerative fashion brand, Unless, unveiled on Tuesday a regenerative sportswear collection during Milan Design Week.  Under Armour and Unless debut regenerative sportswear collection at Milan Design Week. – Under Armour The collection is built entirely from plant-based materials that are engineered to return to the earth at […]

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Under Armour signs high school basketball player Eli Ellis

Under Armour has officially signed high school basketball player Eli Ellis to its roster of athletes.  Under Armour signs high school basketball player Eli Ellis. – Under Armour Known for his deep shooting range, elite confidence, and relentless drive, Ellis embodies the brand’s competitive spirit and commitment to excellence. To mark the signing, Under Armour […]

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Under Armour boosts earnings view on cost control; shares rise

By Bloomberg Published Feb 9, 2024 Under Armour Inc. raised its outlook for full-year earnings, with cost cuts in its turnaround effort making up for a continued decline in revenue. Under Armour The athletic-wear maker said Thursday it expects adjusted earnings of 50 cents to 52 cents a share for the year ending in March. […]

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Under Armour launches UA Infinite collection

By Fibre2Fashion Published Feb 3, 2024 Under Armour, a leading US-based sports apparel and footwear brand, has announced the launch of the Ultimate (UA) Infinite collection. As the brand’s newest running footwear franchise, this collection is all about delivering key footwear models that support long run days as well as everyday miles. Designed as the […]

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Adidas slumps as weak profit forecast follows currency hit

By Bloomberg Published Feb 1, 2024 Adidas AG slumped after the German sports apparel maker said negative currency movements mean its profit this year will be less than half of what analysts were expecting. Reuters Operating profit should be around €500 million ($542 million) in 2024, Adidas said late Wednesday. That’s below the average analyst […]

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