Search results
Results from the WOW.Com Content Network
Under Armour was founded on September 25, 1996, by Kevin Plank, a then-24 year old former special teams captain of the University of Maryland football team. Plank initially began the business from his grandmother's basement in Washington, D.C. [4] He spent his time traveling along the East Coast with nothing but apparel in the trunk of his car.
Kevin Plank. Kevin Audette Plank (born August 13, 1972 [1]) is an American billionaire businessman and philanthropist. Plank is the founder and executive chairman of Under Armour, a manufacturer of sportswear, footwear and accessories, based in Baltimore, Maryland. He served as CEO from its founding until 2020 and will be returning as CEO as of ...
Back in 2016, Plank claimed that Under Armour would nearly double its annual revenue to $7.5 billion by 2018. The actual figure was just $5.2 billion, representing just 4% growth from 2017.
Shareholders at Under Armour’s virtual annual meeting Wednesday heard how the athletic apparel maker wrapped up a multiyear turnaround to reposition the brand but still faces ongoing struggles ...
Under Armour’s annual sales have been sluggish at best for the past several years, while its stock has plunged 88% from its all-time high in 2015. Industry experts said the company is mired in ...
Patrik Frisk (born 1962/1963) is a Swedish/American businessman in the apparel industry. [3] From 2020 to 2022, he was the president and CEO of Under Armour, when he succeeded the company's founder, Kevin Plank. [2] He was previously president and chief operating officer of the company since 2017. [3][4] Frisk has worked for 30 years in retail ...
Under Armour also announced that, as Plank becomes CEO, Mohamed A. El-Erian, the former PIMCO CEO, will become the non-executive chair of its board.
September 10, 2024 at 11:03 AM. Shares of Under Armour (NYSE: UA) slumped 9.6% on Tuesday as of 12:17 p.m. ET. The athletic apparel and shoe company has had a tough few years, as growth stalled ...