Tag: Under Armour

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  • Steph Curry and Under Armour Shares

    Stephen Curry sends Under Armour shares soaring

    Golden State Warriors MVP Steph Curry is arguably the best player in the NBA right now and his sudden celebrity has sent shares of Under Armour soaring. Under Armour’s Curry line of basketball sneakers led by the Curry name now account for 15% of the company’s overall revenue. The Curry One sneaker debuted last February […]

  • Under Armour Profits Are Crazy

    Under Armour Just Reported Its First Ever $1 Billion Quarter

    Under Armour has just reported its first ever quarter with $1 billion in revenue. The apparel retailer reported revenues of $1.2 billion for an adjusted earnings per share of $0.45.   Analysts had estimated adjusted earnings per share of $0.44 and revenues of $1.18 billion, according to Business Insider. Footwear sales at the merchandiser jumped 61% […]

  • Adidas Runtastic

    Adidas Acquires Huge Fitness Tech Company To Combat Nike

    Adidas mentioned in its blog post yesterday that it just acquired fitness tracking app startup Runtastic for $240 million. Along with the acquisition, Adidas gains access to a community of 70 million active users, helping it gain traction in the connected wearables industry. The Europe-based app maker, founded in Austria back in 2009, has over 20 fitness, health and endurance apps […]