All Under Armour articles – Page 2
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Infographics & Data
Sporting goods industry inventory levels Q1 2023
The Q1 numbers are in, and we focus on inventory. Download our infographic of inventory levels at 18 of the biggest Sporting Goods Industry companies.
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News briefs
Under Armour makes changes in the management team
As part of its “Protect This House” (PTH3) strategy first announced in May under new President and CEO Stephanie Linnartz, Under Armour has announced numerous executive changes as it moves to elevate design and products to re-accelerate growth in the U.S. and maintain positive momentum elsewhere in the world. ...
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Analysis
Analysis: The latest inventory levels in the Sporting Goods Industry, Q1 2023
The Q1 numbers are in, and it’s time to talk inventory. Read our analysis from industry experts and get the latest inventory numbers in full.
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Infographics & Data
Sales per employee 2022 at sporting goods companies
Our downloadable infographic has employee numbers and sales per employee at 25 of some of the world’s biggest sporting goods companies.
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News briefs
Under Armour cuts 50 corporate roles to optimize cost structure
Under Armour has cut 50 corporate roles across various units and functions in order to reduce expenses, Footwear News has reported. The impacted employees will receive severance, healthcare benefits and career support, the company said. Under Armour had a workforce of around 15,000 worldwide as of March 31, 2023, half ...
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Article
Analysis: Double-digit increase in sales per employee in 2022
We bring you employee numbers at the world’s biggest sporting goods companies, sales per employee, and how these compare with other industries.
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Infographics & Data
SGI Sporting Goods Scorecard Q1 2023
How did Apparel, Footwear, Equipment and Retail perform in the first quarter of 2023? Our Sporting Goods Industry Scorecard has the answer.
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Analysis
The top sporting goods industry performers by sales and profit Q1 2023
Our 2023 Q1 Scorecard includes the revenue and profit development of 48 sporting goods companies, as well as the headlines and analysis
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Article
Sporting Goods 2022 – The top companies worldwide by sales and profit
Our updated 2022 Sporting Goods Scorecard brings you the industry winners, with revenue & profit development of 47 sporting goods companies.
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Article
Foot Locker lowers full-year outlook on “challenging backdrop”
Foot Locker, after reporting a 73 percent drop in Q1 operating income to $61 million and an 11.4 percent decline in total sales to $1,927 million for the period ended April 29, dialed back its FY23 outlook for revenues, comp sales and gross margin for the 12 months. The news ...
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News briefs
Austrian Under Armour distributor files for bankruptcy
Austria’s Kronen Zeitung reported that the Upper Austrian sporting goods wholesaler BMM Sports GmbH filed for bankruptcy on May 8. The Linz-based company, which most recently held the general distribution for Under Armour in Austria, Hungary, the Czech Republic, Croatia, Slovenia and Slovakia, is facing a debt of €16 million, ...
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News briefs
Under Armour wins trademark lawsuit
Under Armour has won a trademark infringement lawsuit against Aditya Birla Fashion and Retail Ltd. Under Armour filed the lawsuit after it came across the defendant using the logo “Street Armor” on sports apparel. The Delhi High Court ruled that logos and motifs used by Aditya Birla Fashion and Retail ...
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Article
Under Armour’s new CEO establishes strategy as latest earnings announced
Coming out of FY23 where sales and profitability increased but gross margin slipped due mostly to currency impact and the promotional environment in its home U.S. market, Under Armour is charging forward under new CEO Stephanie Linnartz with its new “Protect This House 3” objectives.
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News briefs
New Oxford Street store for Under Armour
Under Armour is to open a new store on London’s Oxford Street this summer, according to Drapers. The new location comes after the opening of three new stores in England: Two London-based Brand House stores at Westfield Stratford City and Battersea Power Station, as well as a flagship store in ...
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Article
Vulcabras posts strong Q1 results
Despite unstable macroeconomic conditions and a challenging retail environment, the Brazilian Vulcabras group reported record revenues and strong gross margin and Ebit growth in Q1, which ended March 31. Ebit rose by 45 percent to 93.2 million Brazilian reais (€16.7m) as the year-over-year gross margin grew by 430 basis points ...
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News briefs
Under Armour sued over midsole patents
Athalonz, LLC, a company that distributes golf and baseball shoes, has filed suit against Under Armour in the East Texas District Court, accusing the company of infringing patents on its Hovr, Curry 4 FloTro and Harper 7 models for specially shaped midsoles with variable foam density designed to provide wearers ...
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News briefs
Curry receives $75 million in stock to remain UA ambassador
Stephen Curry received $75 million worth of stock from Under Armour (UA) last week as part of the compensation package following his appointment last week as president of Under Armour’s Curry Brand and his continued role as an ambassador for the company, according to a public SEC filing. The award ...
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Article
Under Armour appoints Curry Brand president
Announcing a new long-term contract extension with the four-time NBA champion, Under Armour has ended months of rumors by naming Stephen Curry president of the Curry Brand, while also planning expansions in new and existing categories. Terms of the contract extension were not disclosed, but insiders said the deal could ...
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Infographics & Data
SGI Sporting Goods Scorecard Q4 2022
Find out whose sales are up and whose profits are down in Q4 2022 in our exclusive analysis of the sporting goods industry’s largest players.
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Analysis
Analysis: Taking stock of sporting goods inventory levels
Our exclusive analysis of the inventory levels of some of the industry’s biggest brands, including how some are responding to the challenges