Under Armour CEO Kevin Plank told analysts Tuesday the company is “pivoting” and using 2017 as an opportunity to position itself for long-term growth after the sportswear maker announced a restructuring plan that will include about 280 layoffs. Using a sports metaphor, Plank said he has “reviewed the tape more than a few times” from the fourth quarter of 2016 when Under Armour reported sub-par earnings because of pricing and segmentation issues. He thinks the Baltimore company is in a better position…
from https://www.bizjournals.com/baltimore/news/2017/08/01/kevin-plank-explains-how-under-armour-plans-to.html?ana=RSS%26s=article_search
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