The $345 million sale of MyFitnessPal represents the slimming of Under Armour’s operations and its narrowed focus on being “a performance brand.” CEO Patrik Frisk said the apparel company still […]
The pandemic has accelerated a tidal change in the insights industry: the automation and democratization of insights to allow complex organizations to learn, adapt, and act at the speed of […]
Nike appears to be targeting its current round of cuts at upper-management positions as part of a restructuring, according to an analyst.
Online sneaker resale platform Goat Group has raised $100 million in Series E funding and plans to expand into new apparel categories.
While some athletic apparel brands — like Lululemon and Gap’s Athleta — are flourishing in 2020 as work-from-home leads to comfier style, Under Armour’s tough year continues. The brand announced […]
In August, Fanatics closed a $350 million investment round that is expected to be its last private funding round as it is reportedly gearing up for an IPO.
UCLA is seeking more than $200 million in damages from Under Armour in a breach of contract complaint filed Wednesday. The lawsuit comes as Under Armour has tried to get […]
The breach of contract complaint, filed on Aug. 26 in the U.S. District Court’s Central District of California, alleges Under Armour improperly sought to end its 15-year deal with the school.
With sneakers a hot item this summer, Foot Locker’s second quarter sales increased 17.1%, to $2.077 billion, compared to the same period last year. Athletic footwear sales were down as […]
Sheryl Swoopes thinks it’s time for a successor to her Air Swoopes signature shoe legacy. While WNBA legends Rebecca Lobo, Dawn Staley and Chamique Holdsclaw all had signature shoes and […]
