Under Armour Inc
Hot on the heels of its best quarterly growth of the year, US sportswear giant Under Armour has defended questions over the competitive posi...
Faced with downward pressure on demand from unseasonably warm weather, the outdoor industry is broadening its appeal to work across multiple...
Having set out plans to double annual revenues to US$7.5bn by 2018, US sportswear giant Under Armour is adding more detail on the building blocks that will help to achieve its big-picture ambitions – including a shake-up of the way it makes its products.
Deflationary pressures, the rise of Amazon and the expansion of off-price and fast fashion chains all have the potential to disrupt traditional US apparel retailers - but it is the athletic players that are “well positioned” to come out on top, analysts suggest.
For the second year in a row, it seems consumers are being more restrained when it comes to back-to-school shopping. But with new fashions, a shift in spending away from electronics, and a more optimistic consumer, industry analysts are cautiously optimistic for clothing retailers.
Innovation in materials and performance in the outdoor apparel and footwear category is on the increase as enthusiasm for technology grows, a recent industry conference highlighted.
Performance wear specialist Under Armour has posted its best quarterly growth of the year as fourth-quarter earnings soared and net revenues in apparel, its largest product category, surged 22%.
In the most recent third-quarter filings from US apparel brands and retailers Gymboree, Aeropostale, Sears and New York & Co narrowed their losses, while Oxford Industries, Destination Maternity and J Crew saw theirs widen. Both The Finish Line and Men's Wearhouse swung to a loss. On a positive note, The Children's Place, Express, American Eagle Outfitters, G-III Apparel Group and Abercrombie & Fitch booked higher earnings.
Performance wear specialist Under Armour has launched what it describes as its first "cutting-edge" smart shoe, designed to track and store data, as part of its new connected fitness product portfolio.
Performance wear specialist Under Armour has appointed Chip Molloy as its new CFO, a move which has been described by one analyst as a "great hire".
Materials science business PrimaLoft has developed PrimaLoft Gold Insulation Active, which is said to offer a breathable four-way stretch performance and unmatched warmth during outdoor activities.
Performance footwear and apparel brand Under Armour has opened a new 1m square foot distribution and warehouse facility in Tennessee as part of a $100m investment to grow its US-based operations.
Performance wear specialist Under Armour has implemented an organisational reshuffle which sees the departure of Terdema Ussery, the president of its global sports categories, after less than two months in the role.
The most-read stories on just-style this week include a look at Ethiopia's potential as an emerging apparel sourcing hub, the building blocks that will help Under Armour achieve its manufacturing vision, and Esquel Group investing $2.4m in Sea Island cotton research.
Under Armour CFO and COO Brad Dickerson is to step down to pursue other opportunities, after 11 years with the performance wear specialist.
Performance wear specialist Under Armour has said it expects to book revenues of US$7.5bn in 2018 – double what it is forecasting for the current fiscal year.
The UK market for sportswear is expected to see considerable growth over the next five years to surpass GBP8bn (US$12.5bn) as the trend for athleisure rockets, a new report has forecast.
The most-read stories on just-style this week include a look at what Britain's Modern Slavery Act will achieve in the garment industry, the role of ethical buyers in a supply chain, and Under Armour investing in product lifecycle management (PLM) software to support growth and product innovation.
Performance apparel and footwear brand Under Armour has chosen to implement Centric Software's product lifecycle management (PLM) software to support its growth and product innovation.
Sportswear specialist Under Armour is strengthening its position in Germany and Austria with a number of new strategic partnerships as part of the brand's aggressive global expansion plans.
Sportswear specialist Under Armour has lifted its full-year outlook after booking its 21st consecutive quarter of revenue growth above 20%, driven by consumers ongoing interest in fitness and athleisure products.
As part of efforts to drive the brand forward, sportswear specialist Under Armour has tapped former Nike executive Terdema Ussery as president of its global sports categories.
The latest findings from a survey into consumer awareness of US athletic footwear and apparel brand Under Armour suggests its profile remains low in Europe – but the region presents a “a big opportunity” in the coming years.
Sportswear specialist Under Armour has launched what it describes as a “game-changing bra” built for high-impact workout activities such as kickboxing, running and spinning.
Under Armour has unveiled its newest retail presence after teaming up with one of the largest mall-based specialty athletic footwear and apparel retailers in the US to launch a premium store-within-a-store concept.
Sportswear specialist Under Armour has launched a new football boot using its "revolutionary" SpeedForm technology, which is designed to feel like an extension of the foot and offers "game-changing speed".
Under Armour has been hailed by one analyst as “the next global athletic company” after the US company recorded its 20th consecutive quarter of 20%-plus revenue growth.
Performance apparel, shoe and accessories brand Under Armour has unveiled a series of changes to its management team, one of which involves moving COO Kip Fulks to president of footwear and innovation.
Under Armour is likely to enter the wearable technology market over the next two to four years, analysts believe, as the group's 'Connected Fitness' initiative gives it a strong technological edge over competitors.
Sporting apparel and footwear business Under Armour surged to its 19th consecutive quarter of 20%-plus revenue growth in the fourth quarter, boosting profit by 37%.
Competition for pole position in the women's sportswear market is about to heat up after Nike this week revealed it has set its sights on growing its women's business by 40% over the next two years.
Two separate calls came last week urging the various safety initiatives in Bangladesh to work more closely to coordinate their efforts - and for more input from the Bangladeshi government if the work achieved so far is to continue its momentum.
Under Armour, Inc. (UA) - Financial and Strategic SWOT Analy
Under Armour, Inc. (Under Armour) is a sports clothing company, which develops, markets and distributes apparel, footwear and accessories for men, women and youth....
Under Armour Inc in Apparel and Footwear (World)
Under Armour Inc has generated astonishing growth since launching in 1996. Genuine product innovation, as well as an image of professionalism that makes its consumers feel like athletes have driven th...
Performance Apparel Markets: Business Update - 4th Quarter 2
This report provides information, analysis and valuable insight on developments relating to the performance apparel industry in the following categories: acquisitions, divestments and mergers; corpora...
- TPP trade pact in milestone signing by 12 nations
- US apparel retailers' January 2016 sales roundup
- Esquel backs Chinese Sea Island cotton production
- Cheap polyester contributes to cotton import shift
- Under Armour defends questions over strategy
- H&M and Primark price rivalry reaches equilibrium
- Southeast Asia – a strategic sourcing review
- Bangladesh factory fire renews worker safety fears
- Ethiopia textile and apparel exports lagging
- Hanesbrands Q4 performance “disappoints”
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- Wearable technology: The future market potential for smart garments and e-textiles
- Global market review of denim and jeanswear – forecasts to 2021
- Wearable Technology Market by Product, Application, Type, & Geography - Global Forecast to 2020
- E-Textiles: Electronic Textiles 2014-2024