Financial

Under Armour begins rebuilding its ‘House’ amid Q1 loss

By 2024-08-09T13:41:00

Under Armour

With former, longtime Adidas senior executive Eric Liedtke in the fold as EVP of Brand Strategy and the beginnings of $70 to $90 million restructuring underway, Under Armour reported a net loss of $305 million against a profit of $10 million in Q1 ended June 30. Some $274 million in ...

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