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 ...
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 ...