Under Armour
John Varvatos joins Under Armour as Chief Design Officer
The US-based company has appointed John Varvatos as Chief Design Officer, effective as of the 11th of September. He had been consulting for Under Armour since earlier this year
Under Armour signs sourcing deal with Hemp Black
The agreement between the sportswear giant and the manufacturer, involves the provision of specialty yarns treated with a patented activated carbon process, which has received certification from the Cradle-to-Cradle Institute
Under Armour reiterates its full year guidance
The US-based company posted a solid first quarter in fiscal 2024, stressing the performances of the international and direct-to-consumer segments, and confirmed its previous full year guidance
Under Armour confirms corporate lay-offs
The Baltimore-based sportswear company has cut 50 roles across several units in its corporate workforce, says Footwear News, to help reduce expenses and achieve profitability
Under Armour reports solid fourth quarter
The US-based company posted profits in the fourth quarter of fiscal 2023, on a comparable basis to the same period of fiscal 2022, and delivered full-year revenue and earnings in line with the previous outlook
Under Armour appoints new board members
The US-based company has appointed Carolyn Everson and Patrick Whitesell as members of its Board of Directors. Moreover, long-time member Harvey Sanders will step down from the Board on the 31st of March
Under Armour announces third quarter results
The Baltimore-based company reported revenue growth of 3% in the third quarter of fiscal 2023, reaching 1.6 billion US dollars, as compared to the same period of the prior fiscal year
Under Armour appoints new CEO
The Baltimore-based company has announced the appointment of the current President of Marriot International, Stephanie Linnartz, to the role of President and Chief Executive Officer
Under Armour lowers full year outlook
The Baltimore-based company has slightly lowered its fiscal 2023 guidance despite reporting second quarter results in line with expectations. Footwear segment was the only one to grow
Under Armour announces changes in the leadership team
The Baltimore-based company revealed that David Baxter will assume the role of President of the Americas' region and Mehri Shadman has been appointed Chief Legal Officer and Corporate Secretary
Under Armour announces first quarter results
The Baltimore-based company held its own in the first quarter of fiscal 2023, reporting a flat revenue of 1.35 billion US dollars, but is cutting its profit forecast for the full year
Under Armour CEO steps down
The company announced that Patrik Frisk will step down as President and CEO, effective 1st of June. Colin Browne, currently COO, will act as interim President and CEO until a new name is appointed
Fashion brands halt sales in Russia
Pressure has been mounting on the Fashion industry to cut off commercial trading with Russia in the aftermath of Russia’s invasion of Ukraine on the 24th of February
Under Armour announces fourth quarter and full year 2021 results
The Baltimore-based group has reported revenue growth of 27% in 2021, reaching 5.7 billion US dollars, as compared to the prior year. In the fourth quarter, revenue totalled 1.5 billion US dollars
Under Armour raises full-year guidance
The Baltimore-based sportswear giant has reported unaudited financial results for the third quarter of 2021. Revenue increased by 8%, reaching 1.5 billion US dollars-
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