BENGALURU: Myntra is in an advanced stage of discussions to manage top US sportswear brand Under Armour’s offline stores in India, two people aware of the matter said. Once finalised, this would be the first major foreign brand being on-boarded for offline store management by the new leadership ... Read more...
One of the world’s largest sportswear brands, US-headquartered Under Armour, is set to open retail stores in India. The company, which had partnered with Amazon and Flipkart-owned Myntra, to sell some of its products in the India, has set up a wholly-owned subsidiary in the country, said Jason Arc... Read more...
Under Armour is slashing hundreds of jobs in a continued effort to curb costs, the company announced Thursday. The layoffs, which will impact 3 percent of its workforce, or around 400 employees, are part of a broader restructuring effort that executives say will cost between $200 million to $220 ... Read more...
Under Armour announced a partnership this week with EOS, a supplier of industrial 3D printing services, to ramp up the sportswear company’s efforts to bring 3D-printed sneakers to market. EOS will provide Under Armour, which recently announced its first connected running shoe, with advanced ... Read more...