The transition comes as the lingerie retailer, following market share declines, pursues a turnaround under a new CEO.

“We feel optimistic about our progress on our ambitious journey to elevate the Under Armour brand,” Plank said during the ...

Under Armour said it now expects to report an adjusted operating income outlook in a range of $185 million to $195 million, ...

Since returning as CEO in April, founder Kevin Plank has kept a tight leash on inventory of some products, pushed for fewer promotions and slashed its workforce. Under Armour also introduced ...

Almost a year into founder Kevin Plank’s return as CEO, Under Armour sales are still struggling, with net revenue down 5.7% in Q3, according to a Thursday press release. Overall revenue reached ...

While still present, Under Armour’s revenue declines in Q3 beat expectations. The brand raised its full-year guidance slightly, but still expects a 10% revenue decline. Plank on a call said he w ...

Under Armour founder CEO Kevin Plank has been back in place as CEO for ~9 months, intent on enhancing the brand's image beyond low-cost wholesaling. The company's recent earnings report shows ...

Improving demand in North America and Asia as well as a decline in promotions led Under Armour to beat analyst expectations in the third quarter, and prompted the Baltimore-based sports brand to ...

Plank said the company is amplifying the Under Armour brand by continuing "better execution across key dimensions." "This includes more consistent marketplace discipline through meaningfully ...