Under Armour, under the direction of its founder Kevin Plank, is trying to turn around its losses and strengthen its brand.

Here's his plan for turning the company around. Under Armour Inc. will undertake an 18-month restructuring plan that will include layoffs as CEO Kevin Plank looks to streamline the business just a ...

The plan, approved by the Baltimore-based ... it employed more more than 1,800 people in Baltimore in 2023. Under Armour announced the restructuring, its second since 2017, as it reported that ...

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 ...

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 unspecified number of layoffs ...

Under Armour has launched a “restructuring expected to include layoffs and other moves to boost efficiencies,” according to Lorraine Mirabella of the BALTIMORE SUN. The plan is expected to cost an ...

The restructuring strategy was unveiled by founder Kevin Plank who returned ... But creating innovative products can fall short without a strategic marketing plan to tout their attributes and Under ...

Under Armour's valuation is not aggressive, requiring a neutral post-restructuring scenario ... However, I have a more bearish view of the new plan, given that the founder was the Chairman ...