Tuesday, October 30, 2018

Kevin Plank warns competitors: Under Armour will soon be 'something to deal with' again

Under Armour Inc. CEO Kevin Plank was not ready to declare victory on Tuesday as shares of the sportswear maker surged more than 25 percent in trading. It’s no secret that the last two years have been difficult for Baltimore-based Under Armour as it has dealt with slowing sales growth in North America and a backlog of inventory. Former Aldo CEO Patrik Frisk came on board as president last year and has been working hand-in-hand with Plank on a “transformation” of Under Armour that has included employee…



from https://www.bizjournals.com/baltimore/news/2018/10/30/kevin-plank-warns-competitors-under-armour-will.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/179594817907

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