By Uday Sampath, Reuters Under Armour Inc <UA.N> <UAA.N> forecast its annual revenue above Wall Street expectations on Friday, as a pandemic-driven trend to exercise outdoors resulted in a surge in demand for running shoes and face masks. The Baltimore-based company’s shares rose as much as 11.6%, after it also decided to sell its MyFitnessPal health tracking platform for $345 million to private equity firm Francisco Partners. As gym attendance drops due to the chance of the coronavirus spreading more in confined spaces, more people have opted to go running…
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Dwayne Johnson unboxes Project Rock 3
The Project Rock 3 is the newest sneaker from Under Armour and The Rock. The trainer was initially set to launch August 27 but in lieu of the shooting of Jacob Blake, The People’s Champ and Under Armour decided to push back the release. Here is the man himself unveiling them on his instagram account.
Read MoreThe Rock and Under Armour delays launch of upcoming sneaker
After years of missteps, Under Armour may have gotten at least one thing right. Somehow the brand managed to sign Dwayne “The Rock” Johnson back in 2016 to birth a sportswear line called Project Rock. The brand and Rock was set to release a new collaborative sneaker but postponed the launch in lieu of the Jacob Blake shooting in Wisconsin. In statement Under Armour had this to say: We support all of those in sport who are currently demanding societal change across the United States and the globe.” The postponement…
Read MoreUnder Armour seeking to end $280M deal with UCLA
Not even five years into its 15-year mega deal with UCLA, Under Armour is already looking to extricate themselves from the agreement. The Los Angeles Times’ Ben Bloch reported the Baltimore-based Under Armour has informed UCLA is wants to end the record-setting 15-year, $280 million dollar , which was the largest footwear and apparel sponsorship in college sports history, deal that was signed in 2016. Apparently UA’s impetus on cutting the agreement short stems from the company has not felt UCLA has not come through on agreed upon marketing benefits.…
Read More“Dub Nation” Under Armour Curry 7
The “Dub Nation” colorway has become a staple aesthetic of every one of Stephen Curry’s signature Under Armour sneaker, with his latest, shoe, the Curry 7 being no exception. It sports multiple blues across its synthetic upper with hints of volt. This upper sits atop a midsole that has multiple shades of blue split by a volt stripe. A white midsole completes the aesthetic. UA Curry 7 $140 December 13, 2019
Read MoreUnder Armour reveals Curry 7, UNDRTD colorway to drop November 1
Under Armour unveiled the 7th model of Stephen Curry’s signature earlier today. The first colorway has been monikered “UNDRTD”, a clear nod to the perception of Curry when he came out of Davidson. The sneaker depicted sports a grey, white and black upper that sits atop a white and bright red midsole and outsole. The Curry 7 is due to drop November 1.
Read MoreJoel Embiid signs multi-year sneaker deal with Under Armour
Philadelphia 76ers superstar Joel Embiid ended his sneaker free agency and made his signing with Under Armour official today. He’d previously been signed to Adidas and his deal ended with them September 30. Embiid stated that his reason for signing with the Baltimore-based brand was “bigger than basketball.” Embiid expounded on that sentiment in his first comments as an Under Armour athlete: “Basketball has given me everything, but it has to be bigger than basketball. That was the first thing that I said to Under Armour, and they were behind…
Read MoreUnder Armour and Julio Jones part ways
Atlanta Falcons’ wide receiver Julio Jones was rocking Air Jordans on the sidelines of the team’s preseason game. This may have been surprising because he has been , up,until that point, known as an Under Armour athlete. Well apparently that’s no longer the case. UA spokesman Dean Stoyer conformed to ESPN that Jones and the company have mutually parted ways. Although Jones’ deal had one more year remaining, the separation happened weeks ago, neither side publicly acknowledged the split and Jones continued wear Under Armour cleats and gloves in training…
Read MoreCBS Sports report: FBI subpoenaed University of Maryland and Kansas
This report from Kyle Boone of CBS Sports sheds some light on how some chicanery involving the University of Maryland, the University of Kansas, Adidas and Under Armour has now drawn the attention of the Federal Bureau of Investigation.
Read MoreNike to assume Under Armour’s 2020 MLB Uniform Deal
The rich get richer. NIke currently has uniform deals with the NBA and the NFL and according to a Sports Business Journal report, the Beaverton, Oregon based sports giant is closing in on the completion of an agreement to take over Under Armour’s upcoming Major League Baseball uniform contract. UA inked a ten-year deal in 2016 to become the official supplier of on-field unis for Major League. In 2017 the agreement was moved up to 2019, but in mid-April the date was again altered, this time to 2020. By no…
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