World Footwear

Under Armour

Under Armour reports solid fourth quarter

May 11, 2023 / United States
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

Feb 20, 2023 / United States
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

Feb 15, 2023 / United States
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

Dec 27, 2022 / United States
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

Nov 9, 2022 / United States
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

Oct 7, 2022 / United States
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

Aug 9, 2022 / United States
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

May 20, 2022 / United States
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

Mar 7, 2022 / World
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

Feb 16, 2022 / United States
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

Nov 5, 2021 / United States
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

Under Armour appoints Massimo Baratto Chief Consumer Officer

Oct 22, 2021 / United States
The Baltimore-based company has announced the appointment of Massimo Baratto to the position of Executive Vice President, Chief Consumer Officer

Under Armour lifts outlook

Aug 6, 2021 / United States
The Baltimore-based sportswear giant has reported unaudited financial results for the second quarter ended on the 30th of June 2021. Revenue was up by 91% to 1.4 billion US dollars. Under Armour has updated its outlook for the fiscal year

Under Armour raises full year outlook

May 28, 2021 / United States
The Baltimore-based sportswear giant has reported first quarter results marked by 35% growth in revenue. Under Armour updated the outlook for the year to reflect the good performance registered so far

Under Armour announces commitments to tackle climate change

Apr 16, 2021 / United States
The US-based sportswear brand Under Armour has committed to using 100% renewable energy use in owned and operated facilities by 2030 and to achieve net zero greenhouse gas emissions by 2050
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