#Under Armour shares tank after surprise loss, profit warning

Admin4 years ago04 mins

“Under Armour shares tank after surprise loss, profit warning” Under Armour forecast full-year profit below estimates on Friday, as the sportswear maker grapples with higher transportation costs and a hit to its business from renewed COVID-19 curbs in China. Shares of Under Armour tumbled over 21% in premarket trading, as the company also reported a surprise loss and…

#Under Armour to lift minimum hourly wage to $15 in US

Admin5 years ago02 mins

“#Under Armour to lift minimum hourly wage to $15 in US” Athletic wear maker Under Armour said on Wednesday it would raise the minimum wage for hourly workers to $15 in the United States and C$15.25 ($12.59) in Canada, starting June 6. It is the latest in a string of companies, including Walmart and McDonald’s,…

#NBA’s Steph Curry to create new brand with Under Armour

Admin6 years ago05 mins

“#NBA’s Steph Curry to create new brand with Under Armour” NBA star Stephen Curry is set to launch a new line of sports apparel on Tuesday called “Curry Brand” with longtime retail partner Under Armour. Curry Brand will include footwear, apparel and accessories and extends the hoopster’s relationship with Under Armour beyond his original 2013…