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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. Plank initially began the business from his grandmother's basement in Washington, D.C. [4] He spent his time traveling along the East Coast with nothing but apparel in the trunk of his car.
Kevin Plank. Kevin Audette Plank (born August 13, 1972) is an American billionaire businessman and philanthropist. Plank is the founder and executive chairman of Under Armour, a manufacturer of sportswear, footwear and accessories, based in Baltimore, Maryland. He served as CEO from its founding until 2020 and will be returning as CEO as of ...
Once a consistent 20% plus annual revenue grower, Under Armour's sales growth has languished in the low-single digits in five of its last seven fiscal years. Plank aimed to spin a different story ...
Shareholders at Under Armour’s virtual annual meeting Wednesday heard how the athletic apparel maker wrapped up a multiyear turnaround to reposition the brand but still faces ongoing struggles ...
Back in 2016, Plank claimed that Under Armour would nearly double its annual revenue to $7.5 billion by 2018. The actual figure was just $5.2 billion, representing just 4% growth from 2017.
Global fitness giant Under Armour announced this morning that it will be selling MyFitnessPal to investment firm Francisco Partners for $345 million, five and a half years after acquiring it for ...
Under Armour, the fitness company that owns MyFitnessPal, disclosed today a data breach that affected about 150 million users. MyFitnessPal, a food and nutrition application, earlier this week ...
Kevin Plank. Board member of. Under Armour. Patrik Frisk (born 1962/1963) is a Swedish/American businessman in the apparel industry. [3] From 2020 to 2022, he was the president and CEO of Under Armour, when he succeeded the company's founder, Kevin Plank. [2] He was previously president and chief operating officer of the company since 2017.