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 ...
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 ...
Under Armour announced the restructuring, its second since 2017, as it reported that sales in its fourth quarter ended March 31 declined 5%, to $1.3 billion, in line with Wall Street’s ...
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 an ...
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 ...
The restructuring strategy was unveiled by founder Kevin Plank who returned as CEO in April. returning to Under Armour as its chief executive officer, Plank, a 25 percent reduction in product, a ...
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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.