Restructuring for Resilience In a bid to counteract these challenges, Under Armour has unveiled a broad restructuring plan, projected to cost between $70 million and $90 million. This plan ...
Kevin Plank is back and he's not happy. In his first earnings call since returning to Under Armour as its chief executive officer, Plank laid out a significant restructuring plan that will include ...
Less than two months after Under Armour founder Kevin Plank took back over as CEO, the company launched a restructuring expected to include layoffs and other moves to elevate the brand and make ...
Under Armour Inc. is initiating a restructuring plan to turn around its mounting losses. Founder Kevin Plank, who was brought back as CEO last month after stepping down at the end of 2019, told ...
Under Armour announced plans for a restructuring following disappointing results in its fourth quarter and fiscal year 2024 (ended March 31, 2024), as well as the expectation that revenues will ...
Under Armour Inc.’s stock rose Thursday after the athletic-apparel maker unveiled a restructuring plan that aims to restore it to growth and recreate enthusiasm for the troubled brand.
Aaron McDade is a breaking news reporter for Investopedia. He is an experienced journalist who has covered everything from the latest in business and tech news to sports and international news ...
Under Armour is one of the biggest global sports apparel brands. The company has struggled with strategy. Under Armour changed CEO five times in five years. Now, the founder is returning to the ...
Under Armour is placing a $25 million bet on Kevin Plank.
Under Armour (NYSE:UA) (NYSE:UAA) shares were deep in negative territory in Thursday’s premarket trading as the company’s failure to manage inventories, disappointing promotional campaigns ...
Under Armour Inc. will continue to sponsor the University of Maryland for the next 12 years under a new deal worth nearly ...