Under Armour Promo Codes & Coupons | October 2024

Under Armour (UA)！ Here are some key points about the popular American sports clothing and footwear company:

History

• Founded in 1996 by Kevin Plank, a former University of Maryland football player
• Initially started as a small business operating from Plank's grandmother's basement in Washington, D.C.
• First product: a t-shirt designed to keep athletes cool and dry during games

Products

• High-performance sportswear, including tops, bottoms, outerwear, and footwear for men, women, and youth
• Known for innovative technologies such as:
  • Moisture-wicking fabrics (e.g., HeatGear, ColdGear)
  • Compression garments (e.g., Armour Bra,Compression Socks)
  • Lightweight, breathable footwear (e.g., Curry, HOVR sneakers)

Marketing and Sponsorships

• Signed endorsement deals with top athletes across various sports, including:
  • Stephen Curry (NBA)
  • Tom Brady (NFL)
  • Jordan Spieth (Golf)
  • Lindsey Vonn (Skiing)
• Partnerships with prominent sports organizations, such as the NFL, MLB, and NCAA
• "I Will What I Want" campaign featuring Gisele Bündchen and other strong female athletes

Innovation and Technology

• Invested heavily in digital health and fitness, acquiring companies like MapMyFitness and Endomondo
• Developed the Under Armour Connected Fitness platform, which includes apps like MyFitnessPal and Record
• Introduced smart shoes with built-in fitness tracking and coaching features

Sustainability and Social Responsibility

• Launched the "UA Freedom" initiative, providing athletic gear to military personnel and first responders
• Partnered with the National Park Foundation to promote outdoor recreation and conservation
• Implemented sustainable manufacturing practices, such as using recycled materials and reducing waste

Financials and Expansion

• Listed on the New York Stock Exchange (NYSE) in 2005
• Operates over 10,000 retail stores worldwide, with a strong presence in the United States, Europe, and Asia
• Generating over $5 billion in annual revenue, with a market capitalization of over $10 billion

Challenges and Controversies

• Faced intense competition from established brands like Nike and Adidas
• Criticized for its handling of intellectual property disputes and labor practices in Asian manufacturing facilities
• Experienced a decline in sales and profitability in recent years, prompting a strategic shift towards digital transformation and cost-cutting measures.

Overall, Under Armour has established itself as a leader in the sports apparel industry, known for its innovative products, cutting-edge technology, and commitment to sustainability and social responsibility.