Majority of the retail and distribution house teammates will see a pay rise starting on June 6.
Q1 revenue jumped 35%, including a 69% increase in e-commerce.
The Company neither admitted nor denied the SEC’s charges.
By Friday, Under Armour will have welcomed customers back to nearly 50 percent of its North America stores.
30-year veteran joins after leading at NYDJ, Levi’s and Dockers.
The company will also donate up to $1 million in combination of monetary donation and product to Good Sports.
Years of short-sighted business practices in North America are taking a toll despite restructuring efforts.
Both positions will report directly to President and Chief Executive Officer Patrik Frisk.
Revenue is now expected to be up about 2 percent versus the previously expected range of 3 to 4 percent.
Founder Kevin Plank to become executive chairman and brand chief.
You can unsubscribe at any time