All Under Armour articles

  • News briefs

    S&P upgrades Under Armour’s outlook


    The outlook for Under Armour has been changed by Standard Poor’s from negative to stable based on the company’s improved financial metrics, while its issuer credit rating has been kept at BB. S P expects UA’s debt/Ebitda ratio to decline from 2.7 times in 2020 to ...

  • Screenshot_2021-05-06 Earnings - Q1 2021 Results Under Armour
    Infographics & Data

    Earnings - Q1 2021 Results Under Armour


    This earnings briefing includes the highlights of the earnings results of Q1 2021 from Under Armour

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    Under Armour raises FY guidance after a 35% sales hike in Q1


    Under Armour raised its full-year guidance for sales and profits after reporting better-than-expected results in the first quarter, as its business continues to rebound from Covid-19 shutdowns and a restructuring plan launched last year is bearing fruits. The brand said it now anticipates that its revenues will rise in ...

  • News briefs

    Adidas is one of the Top 10 companies for corporate reputation


    Adidas has ranked 7th in “The 2021 Global RepTrak 100,” a ranking of corporate reputation for companies with global revenues above $2 billion, compiled by The RepTrak Company , a reputation data and insights company based in Boston. Lego Group has taken the top spot, followed by Rolex ...

  • News briefs

    Under Armour outlines specific environmental pledges


    Under Armour (UA) has announced three specific commitments to reduce the impacts of its operations on the environment. Firstly, the company has committed to reduce absolute scope 1, 2 and 3 greenhouse gas (GHG) emissions by 30 percent by 2030 from a 2018 base year - a science-based emissions ...

  • News briefs

    Foot Locker has a new CFO, earns praise from Moody’s


    Moody’s has confirmed Foot Locker ’s positive Ba1 corporate family rating, in spite of Covid’s effects on its business, considering that its liquidity is very good. Other assets are its scale, geographic diversification and well-recognized brand names. Key risks are the chain’s narrow focus on the fashion-sensitive premium athletic ...

  • News briefs

    New finance director for Under Armour EMEA


    Under Armour is going to relocate Chris Goodall from Panama to Amsterdam to serve as financial director of the company for the EMEA region. The former financial planning and analysis manager at Hackett London had been appointed to a similar role at UA in Panama in 2015, ...

  • Abe Yasser
    News briefs

    Odlo’s new CFO comes from Under Armour


    Source: Odlo Abe Yasser Effective May 1, 2021, finance specialist Abe Yasser will take over as Odlo International ’s chief financial officer from Adrian Schürmann , who is leaving the company after joining it in 2015. During his tenure, Schürmann helped manage Odlo’s change ...

  • UA Flow Velociti Wind
    News briefs

    UA releases a running shoe with no outsole


    Under Armour ’s newest shoe, the UA Flow Velociti Wind , has eliminated the heaviest shoe component, the outsole, and substituted it with an “all-in-one cushioning system,” called the UA Flow midsole. According to the brand, this took three years of development by its Footwear Innovation Team in Portland, Oregon, ...

  • Screenshot_2021-02-22 Webvision preview(1)
    Infographics & Data

    Earnings - 2020 Results Under Armour


    This earnings briefing includes the highlights of the report results of 2020 and the Outlook 2021 from Under Armour

  • News briefs

    Under Armour opens in downtown Rome


    Oberalp , the exclusive distributor of Under Armour in Italy, has opened a second Under Armour Brand House in Rome, this time in the very heart of the city, at 175 Via del Tritone. It measures almost 400 square meters. An older store is located in the Romaest shopping ...

  • News briefs

    Hummel replaces UA as Southampton’s sponsor


    Hummel is going to take the place of Under Armour as the kit supplier of the Southampton football team, which plays in the English Premier League (EPL), for five years, starting with the 2021/22 playing season. UA and Southampton have mutually agreed to terminate their original ...

  • News briefs

    Matrix Fitness will use the iFit platform


    Matrix Fitness , the commercial fitness equipment brand owned by Johnson Health Tech (JHT), will equip the touchscreen consoles of its new machines with the iFit connected fitness platform of Icon Health Fitness . The partnership will give the users of Matrix’ machines access to ...

  • News briefs

    Under Armour completes the sale of MyFitnessPal


    Under Armour has announced that it has completed the sale of the MyFitnessPal platform to Francisco Partners , a global investment firm specializing in technology businesses and headquartered in San Francisco. As previously announced by Under Armour in a news release on Oct. 30, the sale has a ...

  • News briefs

    Golf industry veteran Ken Graham to retire at the end of the year


    Ken Graham has announced that he will retire at the end of 2020. During his 44-year career in the golf industry, Graham has worked for some of the most recognized golf brands. He started in 1976 at Slazenger when he was just 19 years old, and spent 10 ...

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    Infographics & Data

    Brand value of the top 10 apparel brands worldwide in 2020


    This infographic shows the brand value 2020 vs 2019 of the leading international apparel brands (source: BrandZ, Kantar). This chart can be downloaded as JPG, PNG or PDF.

  • News briefs

    Spanish sales agency helps Under Armour


    Amazing Solutions , a sales agency in Barcelona, has agreed to support Under Armour in its relations with the numerous Spanish buying groups, starting with the autumn/winter 2021/22 season. Correcting a local press report, Under Armour says it still has a small office in Spain, employing Marc Colomer ...

  • Under Armour - Curry
    News briefs

    Under Armour launches the Curry brand


    Imitating what Nike has done so successfully with Michael Jordan and the Jordan brand, Under Armour has launched the Curry sub-brand and logo in a new line of apparel and footwear products for a variety of sports. It is named after Stephen Curry , ...

  • News briefs

    Under Armour divests MyFitnessPal, will discontinue Endomondo


    Under Armour (UA) has entered into a definitive agreement to sell the MyFitnessPal platform to Francisco Partners , a global investment firm specializing in technology businesses, headquartered in San Francisco. MyFitnessPal, an activity tracker that helps around 200 million users in their health and fitness activities, will become ...

  • Under Armour

    Under Armour posts better-than-expected Q3 results


    Under Armour reported net income of $38.9 million for the third quarter, compared with $102.3 million in the year-ago period, on virtually flat revenues of $1,433 million. Aside from a weaker gross margin, the lower profitability was essentially due to ongoing restructuring and impairment changes of $74.2 million for ...