All Under Armour articles
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Video
Sports Direct launches Christmas advert celebrating new traditions with UK athletes
Sports Direct has launched its Christmas campaign called ‘New Traditions Start Here’, featuring some of the UK’s biggest athletes across various sports.
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Retail Navigator People
Under Armour (People)
Under Armour is led by founder Kevin Plank, who returned as CEO in April 2024
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News
Under Armour sales have fallen as it undergoes restructuring
Under Armour has reported a fall in sales in the first quarter of 2024 alongside a restructuring plan for the business.
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Retail Navigator Analysis
Under Armour (SWOT)
Under Armour has firmly established itself as a global sports retailer, with turnover surpassing £4bn in FY2024. Younger than its competitors Nike, Adidas and Puma it still has room to grow especially in the UK market.
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Retail Navigator Analysis
Under Armour (Overview)
Under Armour is a US sportswear retailer, founded in 1969, that sits among the top 10 global sports brands. It is refocusing its plans as chief executive Kevin Plank returns at the helm.
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Retail Navigator Analysis
Under Armour (Financials)
Under Armour recorded a subdued performance in the year to end-March 2024 (FY2023) with sales declining 3.4% to $5.7bn (£4.5bn). Chief executive Kevin Plank commented: “Amid a challenging retail environment in fiscal 2024 that included high inventories and a consistent drumbeat of promotions – we demonstrated disciplined expense control and delivered results that were aligned with our previous outlook.
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News
Under Armour ‘on track’ for full year despite sales dip
Sportswear retailer Under Armour has said it delivered better than expected profitability and remains “on track” for the full year, despite a decline in sales in its third quarter.
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News
Under Armour lowers sales guidance after flat quarter
Sportswear retailer Under Armour has slashed its full-year sales outlook as a result of “challenges” in North America and flat revenues during its second quarter.
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Analysis
Why the UK market is a winner for international sportswear retailers
As UK sportswear giants JD Sports and Frasers ramp up their global expansion plans to drive growth, Retail Week takes a look at why the UK continues to be an attractive destination for international sportswear retailers.
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News
Under Armour sales slip against ‘challenging consumer environment’
In a trading update for the first quarter ending in June, Under Armour reported total sales of $1.3bn (£1.02bn), down 2% from the same period last year, and 1% in currency-neutral terms. Operating income was $21m (£16.5m) and net income was $9m (£7m).
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Gallery
Inside Under Armour’s Oxford Street store as it targets rapid expansion
Under Armour has opened its latest store in the UK on London’s Oxford Street, marking a “significant milestone in its European growth plan”.
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Analysis
Research: Stores key to 2023 investment strategy, say Primark, Under Armour and Waitrose bosses
Retail stores will see investment this year and remain central to many retailers’ strategy next year, the UK’s leading CEOs reveal in Retail Week’s strategic outlook report Retail 2023
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Gallery
Store gallery: Under Armour unveils tech-driven Dubai flagship
Under Armour has launched its new flagship store in Dubai Mall, marking the brand’s largest and most innovative store in the region.
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Gallery
Store of the week: Under Armour in Dubai
As a snapshot of what’s out there, there are worse places to take a look around than Dubai with its multiple cathedral-like malls.
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News
H&M, Zara and Under Armour eye BHS Oxford Street flagship
Fashion giants H&M and Zara and sportswear brand Under Armour are circling BHS’s flagship Oxford Street store, Retail Week understands.