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Under Armour shares slide 10% to lead S&P 500 decliners as sales forecast disappoints
Source: MarketWatch - 🏆 3. / 97 Read more »
'No one would ever tolerate that,' Under Armour CEO says about employees expensing strip club visitsUnder Armour CEO Kevin Plank says he wants to build a 'diverse' and 'inclusive' company, following a report that earlier this year exposed the company had been letting its employees charge visits to strip clubs on their corporate cards. They shouldn’t but it happens all the time until you are caught.👿👹👺💩🤡
Source: CNBC - 🏆 12. / 72 Read more »
Under Armour president: We're rebuilding into a premium brand in 2019'We're a growth company and we're turning to stronger growth in the out years,' Under Armour President Patrik Frisk said of the company's turnaround plan. 'And we're becoming more of a global company.'
Source: CNBC - 🏆 12. / 72 Read more »
Under Armour is on a hot streak, and charts point to more upsideUnder Armour has done some heavy lifting in recent months. One technical analyst sees its stock scaling even higher highs.
Source: CNBC - 🏆 12. / 72 Read more »
Under Armour reportedly ousts two executives close to CEO Kevin PlankUnder Armour reportedly ousted two executives connected to CEO Kevin Plank, according to people familiar with the matter. Wonder if the fancy suits wick sweat like the products
Source: CNBC - 🏆 12. / 72 Read more »
Under Armour shares fall as investor day kicks offAnalysts and investors are somewhat skeptical of Under Armour's ability to continue to grow sales, especially in the U.S., where the market is very competitive and has been plagued by wholesale retailers like Sports Authority going bankrupt. buy the rumor, sell the news?
Source: CNBC - 🏆 12. / 72 Read more »
Athletic firm Under Armour under fire for strip club expensesIn response to reports of sexual misconduct at the athletic wear company, it says it will now provide a 'respectful and inclusive' workplace in statement. Stockholders are relieved and thinking serious audit of expense accounts and event costs. Lol
Source: USATODAY - 🏆 100. / 63 Read more »
Bloomberg - Are you a robot?This is bullshit no longer? lol What does this have to do with MeToo? How is a strip club visit a business expense? And what does it tell you for the gender diversity of Under Armour and its partners?
Source: Bloomberg - 🏆 97. / 63 Read more »
Tencent armour shines in battle with BeijingThe $330 bln tech titan beat earnings expectations despite a regulatory crackdown on its videogames business. Investment gains helped, but strength in advertising and mobile services also shielded profitability. Now boss Pony Ma has a sword to swing at rivals like NetEase.
Source: Breakingviews - 🏆 470. / 51 Read more »
Under Armour CEO promises to improve corporate cultureKevin Plank, the founder and chief executive of Under Armour Inc., said he is responsible for “everything that happens at my company” and that any large organization can face the types of workplace problems that were outlined in a recent Wall Street Journal article. Bring back the Gent Club allowable expense
Source: MarketWatch - 🏆 3. / 97 Read more »