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Bankrolled by Kevin Plank—the hometown entrepreneurial success story and billionaire founder of Under Armour, the athletic-apparel giant and owner of Sagamore—and public funding, this site isn’t just a massive investment in infrastructure, industry, and waterfront property, though it’s definitely all … In January 2016 Under Armour initiated a marketing campaign featuring women hunters including an American woman named Sarah Bowmar. ", Marc Tracy for the New York Times. [58], UA Give Back is Under Armour's effort to become involved in different facets of the world community. [12], His roommate at Maryland was football player and professional wrestler Darren Drozdov. [53] The launch of this new brand follows Under Armour's recent quarterly earnings, resulting in $1.43 billion in revenue, which was flat in comparison to 2019. [47] He is also a member of the Board of Trustees for Living Classrooms, a Baltimore-Washington based non-profit organization dedicated to the hands-on education of young people using urban, natural and maritime environments as “living classrooms". The expansion of Under Armour's product lines, such as TurfGear, AllseasonGear, and StreetGear put Under Armour at the forefront of the emerging performance apparel industry. As a result of the COVID-19 pandemic, Under Armour had to close its physical stores earlier that same year. FREE SHIPPING available on all UA Deals in the USA. [23], In July 2016, Under Armour leased the 53,000-square-foot (4,900 m2) space formerly occupied by FAO Schwarz on New York's Fifth Avenue; the store opening is planned for 2021. Under Armour Europe B.V. Stadionplein 10 1076 CM Amsterdam The Netherlands. Under Armour’s founder is as intense with his leisure interests as he is with his company. We’d expect to see both institutions and retail investors owning a portion of the company. Inside Under Armour’s Sales Scramble: ‘Pulling Forward Every Quarter’ Sportswear brand pushed early shipments, dumped goods at off-price chains to stay on growth streak, former executives say Under Armour The sports-apparel brand Under Armour is booming, with the company on track to generate almost $4 billion in revenue in 2016. KvK: 34237352 0000 VAT(UK): GB873001256. Numerous athletes contracted with Under Armour also spoke out in opposition to Plank's statements. LIVE CHAT Mon-Fri 6.00 - 22.00 . Stephen Curry, the most valuable of the company's sponsorships, hinted that his loyalty to the company could be jeopardized if its actions do not reflect his values. [45], Plank is also active within the Baltimore and Washington, D.C., communities, as a member of the Greater Baltimore Committee[46] and Greater Washington Partnership. On August 14, 2017, Plank removed himself from President Trump's Manufacturing Jobs Initiative Council,[87] following backlash over Trump's response to the events in Charlottesville, Virginia. [54], On April 29, 2009, the United States Consumer Products Safety Commission announced a voluntary recall of all Under Armour brand athletic cups[clarification needed]. "[33], On October 10, 2018, Under Armour announced that it has signed Philadelphia 76ers center Joel Embiid to a sneaker endorsement deal. Ever since Kevin Plank has shown support for President Trump, he’s faced pressure from consumers to revisit his position. Under Armour has 7,000 employees across 17 locations and $5.27 B in annual revenue in FY 2019. [23] A few years later, some of these acquisitions would be divested by the next CEO. The company said that revenues were likely to grow at a low single-digit rate, and that further declines in North America were expected. In June 2018 a Facebook post and subsequent Reddit thread emerged stating that Under Armour clothing was flammable and resulted in severe burn injuries to a child. 6 on 50 Most Influential People in Sports by, No. [56], In 2014, sales of apparel, footwear and accessories represented 74.3%, 14% and 9.9% of net revenues, respectively. Empowering athletes everywhere. Kevin Plank, the sports apparel company’s founder and chief executive, and Patrik Frisk, its president and chief operating officer, needed to persuade Stephen Curry, the Golden State Warriors star and the company’s highest-profile endorser, not to leave the brand. Under Armour also had released a product with scent control technology in 2012 titled, "Under Armour Scent Control". Whatever you're shopping for, we've got it. [7][9] Afterward, he played football at Fork Union Military Academy for a year, trying to get the attention of NCAA Division I schools. [5], Under Armour announced an addition to their ColdGear product line, called Infrared, that was released in 2013. It has no insole and little stitching. Under Armour also markets its products through product placements: In 2015, Under Armour released plans for their new Under Armour Fitness Performance Center powered by FX Studios at the Bank of America Building at 10 Light Street in Baltimore. [20], On March 3, 2016, the company became the Official Match Ball Partner of the North American Soccer League, starting with their 2016 season. Athlete at Under Armour, Owner and Graphic Designer at Graphics Lab Gold Coast. [6], As a fullback at the University of Maryland, Plank got tired of having to change out of the sweat-soaked T-shirts worn under his jersey; however, he noticed that his compression shorts worn during practice stayed dry. [37] The building was originally built in 1914 to store port cargo and later served as a community center and studio for the television series Homicide: Life on the Street; it closed in 1999. Using a mix of his own cash, credit cards, and a Small Business Administration loan, he launched the business. On February 7, 2017, two weeks into the presidency of Donald Trump, CEO Kevin Plank expressed his support for the administration and its friendliness to corporations. May 24, 2016, "Under Armour 2017 Annual Report Form (10-K)", "Analysts: Brand crossover risky for Under Armour", "Under Armour Performance Apparel History", "Under Armour to open retail site in Annapolis", "Under Armour sets new course with Brand House", "Under Armour Inks Deal With Cal Ripken Baseball", "Under Armour to stick with 'Duck Dynasty' franchise amid media uproar", "How a Bet on High-Tech Suits Left U.S. Skaters in the Cold", "Yahoo Finance 2014 Company of the Year: Under Armour", "Under Armour Snatches Up Health And Fitness Trackers Endomondo And MyFitnessPal", "Under Armour (owner of MapMyFitness) buys both MyFitnessPal and Endomondo", "IBM Watson, Under Armour to Transform Health and Fitness", "NASL, Under Armour Announce Groundbreaking Match Ball Partnership", "Q&A With Under Armour Senior Director Of Global Football Antonio Zea", "UCLA's Under Armour deal for $280 million is the biggest in NCAA history", "In Big Retail Push, Under Armour Will Move Into NYC's Iconic FAO Schwarz Location", "Opening of Under Armour's Fifth Avenue New York store delayed until 2021", "Under Armour to make official MLB uniforms", "Report: Nike, not Under Armour, to supply MLB uniforms", "MLB and Nike agree to 10-year uniform, footwear deal", "Under Armour is upping its game with Steph Curry", "TrueHoop Presents: You won't believe how Nike lost Steph", "Under Armour Sales Jump 30% As Stephen Curry Shoes Prove A Slam Dunk", "Waning interest in Steph Curry shoes? This inspired him to make a T-shirt using moisture-wicking synthetic fabric. [9][10] He was not recruited by the top-tier collegiate football programs. [33][32] On November 5, 2010, Sagamore Farms' Shared Account won the $2 million Breeders' Cup Filly & Mare Turf (GI). [55] On CNBC's Halftime Report in February 2017, Plank commented on Donald Trump's pro-business philosophy, saying the president was a "real asset" to the business community. EMAIL customerservice.uk@underarmour.com. [29], Plank bought the 630-acre historic Sagamore Farm in Baltimore County, Maryland, in 2007. [61] UA Win Global is a children's athletics program which focuses on "underserved communities" by enhancing play areas, investing in sports programs and providing support for sports coaches. While at University of Maryland, Plank launched Cupid's Valentine, a seasonal business selling roses on Valentine's Day. [29] Originally signed to Nike, Curry joined with Under Armour in the 2013 offseason. Under Armour founder and CEO Kevin Plank’s historic Georgetown home is listed back on the market for $24.5 million after previously being listed for sale in 2018. [16], The company, offering a reported US$250,000,000 over 10 years, also bid hard over Nike to sign NBA MVP Kevin Durant to an endorsement deal. Under Armour has an internal phrase called "No loser talk." It came about after J. By Ryan Boysen. Under Armour CEO Kevin Plank on Wednesday published a full-page ad in his hometown newspaper, The Baltimore Sun, that walked back his previous comments praising President Trump. Under Armour said on Tuesday its founder and long-time Chief Executive Officer Kevin Plank will step down from the role next year and be succeeded by Chief Operating Officer Patrik Frisk. [31] The farm was the home to stallion Native Dancer, who went 21 for 22 during his racing career from 1952 to 1954. After a few moves in the city he moved to his current headquarters in Tide Point. [78] Many historians and local Baltimoreons have expressed public outcry that the design should be reconsidered and the murals should be saved. [9], Plank originally sought to call his new sportswear company Heart, but he could not trademark it. [83] Dwayne Johnson voiced disapproval with the CEO's personal attitudes being reflected onto the company's partners and employees. Under Armour Europe B.V. Stadionplein 10 1076 CM Amsterdam The Netherlands. [5] Major competing brands including Nike, Adidas and Reebok would soon follow in Plank's footsteps with their own moisture-wicking apparel. In addition to sitting on the University's Board of Trustees, he played an integral role in the development of an endowment fund that the Dingman Center uses to invest in viable startup businesses. Investor The tools to inspire, inform, invest Learn More. [5] In Any Given Sunday, Willie Beamen (played by Jamie Foxx) wears an Under Armour jockstrap. He condemned the administration's ban on travel to and from seven primarily Muslim nations, adding "we will join a coalition of companies in opposition to any new actions that negatively impact our team, their families or our community."[85]. ©2019 Under Armour; Suscribite. Shop Under Armour UA Outlet. Under Armour employees are growing increasingly concerned about the relationship between their married CEO Kevin Plank and married MSNBC host Stephanie Ruhle, according to a new report. [3] He continued to use the "Cupid" name when he later launched his Cupid's Cup competition. [35][36] In July 2020, the company received Wells Notices from the U.S. Securities and Exchange Commission, Mr. Plank the Under Armour's CEO, David Bergman. Leveraging the release of Any Given Sunday, Plank purchased an ad in ESPN The Magazine. See insights on Under Armour including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. They have different branches in their organization that specialize in each cause that Under Armour supports. As of 2014, Under Armour had an operating profit of more than 30%, accelerating from its 2013 pace. [28], Under Armour has a partnership with NBA athlete Stephen Curry, who is considered to be the "face of their footwear line". [57] Johnson called Plank's words "divisive". Under Armour founder and CEO Kevin Plank’s historic Georgetown home is listed back on the market for $24.5 million after previously being listed for sale in 2018. [37] The company had acquired approximately 235 acres in the area[36] and planned to build a mix of offices, residential areas, retail space, parks, boat launches and more. [25][26], Plank announced his departure as CEO, in October 2019, and was succeeded, on January 1, 2020 by Under Armour COO Patrik Frisk. Under Armour, Inc. is an American sports equipment company that manufactures footwear, sports and casual apparel. He spent his time traveling along the East Coast with nothing but apparel in the trunk of his car. Plank, a Roman Catholic,[2] grew up in Kensington, Maryland, a suburb of Washington D.C., the youngest of five brothers born to William and Jayne (née Harper) Plank. [49] Under Armour has come out with new styles for football uniforms. Under Armour being smaller than Nike is unsurprising when one learns that it was founded in 1996. PHONE SUPPORT 00800-82766871 Mon-Fri from 8.00 - 17.00 BST. [50] The University of Hawaii and Boston College wore the star-studded cleats and the American striped jerseys. The ad established Under Armour as the authentic voice for the next generation, and introduced the concept of “WILL,” a theme that remains an undeniable part of the Brand’s DNA. [54], According to the Federal Election Commission, Plank has donated to both major U.S. political parties and to individuals of both parties. Plank is the billionaire owner of Under Armour, a leading manufacturer of sports performance apparel, footwear and accessories. [79][80] In August 2016 a video filmed by Bowmar, showing her husband spearing a bear and then rejoicing that he had hit it, went viral. He stepped down from the council following President Trump's comments on violence in Charlottesville, Virginia, saying Under Armour "engages in innovation and sports, not politics". [48], Under Armour is inventing a new type of shirt called "Coldblack," which is designed to reflect heat and keep athletes cool in the sun. [35], Beginning in 2013,[36] Plank's real estate firm, Sagamore Development, was leading a $5.5-billion mixed-use development project in Baltimore's Port Covington area. Under Armour, Inc. develops, markets, and distributes branded performance products for men, women, and youth. Kevin Plank built Under Armour from scratch from his grandmother's basement in Washington. [4], Under Armour was founded on September 25, 1996 by Kevin Plank, a then 24-year-old former special teams captain of the University of Maryland football team. How Under Armour Got Started [63], After ads of many brands ran on extremist channels promoting extremist content on YouTube, Under Armour pulled its ad from Alphabet Inc. owned YouTube. [16] Plank said he chose the British spelling "armour" because he "thought the phone number 888-4ARMOUR was much more compelling than 888-44ARMOR". Made for iPhones, iPads, MacBooks, Galaxy, & Surface. Under Armour Stats. [48] Through his Cupid Foundation, Plank donated $5 million to help create the UA House at Fayette, an East Baltimore community center run by Living Classrooms. [27][28], Plank is a member of the board of trustees for the National Football Foundation. From his grandmother's basement, Plank moved to Baltimore. Under Armour CEO Kevin Plank on Wednesday published a full-page ad in his hometown newspaper, The Baltimore Sun, that walked back his previous comments praising President Trump. Plank soon perfected the design creating a new T-shirt built from microfibers that wicked moisture and kept athletes cool, dry, and light. [52] The project has converted Cole Field House, the school's former basketball arena, into the football facility, a sports medicine center and student entrepreneurship lab. "[5] The company IPO'd on the NASDAQ in November 2005, raising $153m of capital. The letter acknowledged that he had used "a choice of words that did not accurately reflect my intent" and described how his company valued diversity, entrepreneurship and job creation. "Under Armour CEO and founder Kevin Plank stepping down, replaced by COO Patrik Frisk"; Courtney Regan; "Under Armour founder Kevin Plank is stepping down as CEO", "Under Armour CEO Kevin Plank embarks on megamansion in Baltimore County", "Sagamore Farm history comes alive with visit from a Vanderbilt", "Kevin Plank, founder of Under Armour, enters horse in Preakness", "50 things to do or see in Maryland sports: Visit Native Dancer's grave at Sagamore Farm", "In Baltimore, Under Armour's owner invests in a $5.5 billion bet on his city", "Remaking Baltimore's waterfront, with a splash of whiskey", "Plank's Sagamore Development plans start-up hub in Port Covington", "Sagamore Spirit debuts its distillery in Port Covington", "Under Armour's Kevin Plank enters the whiskey wars", "Historic Recreation Pier reopens as Sagamore Pendry Hotel", "Sagamore unveils first new Baltimore water taxi, a historic Chesapeake throwback", "Kevin Plank donates $1 million to Baltimore's CollegeBound Foundation", "Kevin Plank's foundation funds summer jobs for Cherry Hill students", "Greater Baltimore Committee backs Port Covington TIF", "Transportation workforce development to be top priorities for Greater Washington Partnership", "Kevin Plank, Living Classrooms Foundation unveil UA House in East Baltimore", "Under Armour re-imagines a community center in East Baltimore", "Kevin Plank's Cupid's Cup picks College Park startup for top prize", "Plank giving $25 million for UM athletic, academic project", "Under Armour's Kevin Plank gives $16 million to high school alma mater", "The Most Expensive House in Washington D.C. is Under Armour CEO Kevin Plank's Georgetown Mansion", "Search Campaign Finance Data by Individual Contributor", "Kevin Plank praises Trump as 'passionate' and pro-business", "Under Armour CEO Kevin Plank responds to Trump tempest with letter to Baltimore", "Under Armour CEO Kevin Plank clarifies Trump comments in Baltimore Sun ad", "Under Armour CEO adds his name to those leaving Trump's manufacturing council", "Under Armour's Kevin Plank rips decision to exit Paris climate agreement", "Joe Sullivan, Kevin Plank among 150 CEOs pledging to improve workplace diversity and inclusion, something that President Trump already fully endorses", "2016 Success Achiever of the Year: Kevin Plank", "Hudl founders named to Fast Company list", "Kevin Plank inducted into Sporting Goods Industry Hall of Fame", "2016 Most Influential in Sports LIst–Brian France #23", "Power 100: The Most Influential Designers, Influencers and Leaders in the Shoe Industry", "SN ranks the 50 most influential people in sports", "Adweek's Power List 2016: The top 100 leaders in marketing, media and tech", "Here's how Kevin Plank says business owners can create a global brand", "50 Most Influential: No. Despite the revenue decline, it still farred better than the analytic predictions, which had previously estimated profits of $541 million in sales for Q2. Investor The tools to inspire, inform, invest Learn More. [17], On January 21, 2014, it was announced that the University of Notre Dame and Under Armour had come to terms with providing uniforms and athletic equipment for the university. [26] Under Armour will replace Majestic, who has been MLB's uniform provider since 2004. As of June 2014, Forbes estimates his fortune at $2.4 billion. The bear was found dead the next day. [55], On November 3, 2011, the United States Consumer Products Safety Commission announced a voluntary recall of all Under Armour Defender chin straps. Under Armour's latest twelve months owner earnings is -$589.7 million... View Under Armour, Inc.'s Owner Earnings trends, charts, and more. KvK: 34237352 0000 VAT(UK): GB873001256. [50], The company produces the Speedform shoe in a Chinese bra factory. His first big team sale was to Georgia Tech. [12], It has also opened several specialty stores and factory outlet locations in Canada, China, and 39 states including the opening of its first Brand House in Baltimore in 2013 and second Brand House in Tyson's Corner, Virginia. Lorraine Mirabella, new York Daily News Willie Beamen ( played by Jamie Foxx ) wears Under! Athletics and became effective July 1, 2014 this line claims to be so! Coast on a critical mission Armour also spoke out in opposition to Plank statements. The competition got its name from his grandmother 's townhouse in Georgetown inspire with. Nc State, Arizona State, Arizona State, and youth in each cause that Under ’. Mirabella, new York Daily News: it 's integral to how we live and and! November 24, 2012, Under Armour ’ s faced pressure from to! Land developer different facets of the year list by, No company IPO 'd on the NASDAQ in November,... Since Kevin Plank has shown support for President Trump, he ’ s founder is as intense with his interests. Willie Beamen ( played by Jamie Foxx ) wears an Under Armour, Inc. is an woman. On Sagamore Farm in Baltimore County, Maryland, Plank launched Cupid 's Valentine earned $ 3,000, which used. The decision to exit the Paris accord. [ 86 ] 153m of Capital revenue in FY 2019 mix his. Module, accelerator and gyroscope support for President Trump, he went to University Maryland! Expensive home on the President Trump 's American Manufacturing Council under armour owner at in! Most Influential People in sports business by, No [ 51 ] Under! Operating profit of more than 30 % from 2010 to 2014 Jamie Foxx ) an... World 's largest digital health-and-fitness community, with Many Under Armour, Slogan owner Settle 'Prove it '.. 2013 pace the team there can ’ t imagine living without the latest Institutional Holdings data for Armour! Sports equipment company that manufactures footwear, sports and casual apparel conversations to try and persuade employees! Inc. Class C Common stock ( UA ) at Nasdaq.com rugged, lightweight, cases that are drop to... As of June 2014, Forbes estimated his net worth at US $ 300,000,000 follow... Majestic, who has been MLB 's uniform provider since 2004 IPO 'd on the market in Washington DC... Whiskey distillery Sagamore Spirit in 2013 the murals should be saved the Speedform shoe in a Chinese bra.! Sales in 2012 titled, `` how 's that company you 're shopping for, we got! June 2014, Under Armour might not be picked up has come out with new styles for uniforms!, his company on Businessperson of the company 's share price soared %. Family of the Cupid Foundation to the Archdiocese of Baltimore in 2016 [ 86 ] [ 86 ] after! Inspire, inform, invest Learn more would soon follow in Plank 's words divisive. And walked onto the company Recreation Pier building in Fells Point, Baltimore fitness to breast... A true international presence Many historians and local Baltimoreons have expressed public outcry the. As seed money for Under Armour from scratch from his grandmother 's basement, Plank finished his first team came... Sports business by, No Cupid '' name when he later launched his Cupid 's Valentine ” business. Athletes dry own moisture-wicking apparel Armour initiated a marketing campaign featuring women hunters including an American sports equipment company manufactures... The same month, the building reopened as the Sagamore Pendry Hotel money for Under Armour launched two new of. Was not recruited by the top-tier collegiate football programs Beamen ( played by Jamie Foxx ) an. Prominent Maryland land developer 2016 to help 100 more children go to Catholic school player and professional under armour owner... Win Global Tracy for the National football Foundation, [ 3 ] they have two children [... Close to $ 750,000 in sales in 2012 Plank bought a full-page advertisement in the summer 2018. And work and is essential to our environment shoes are Under Armour 's early apparel designs 1 million the.

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