Under Armour is a multinational company specializing in the design, development, marketing, and distribution of athletic performance apparel, footwear, and accessories. Founded in 1996 by Kevin Plank, the company's mission is to make athletes better through passion, design, and the relentless pursuit of innovation. Under Armour offers a wide range of products that cater to various sports and athletic activities, including running, basketball, soccer, golf, and more. Their products are known for their high-quality materials, comfort, and performance-enhancing features. Under Armour's commitment to creating technologically advanced sportswear has made them a prominent brand among professional athletes, fitness enthusiasts, and sports teams worldwide. Below is the list of lookalike companies of Under Armour:
Founder Dominance: Under Armour is primarily owned and controlled by its founder, Kevin A. Plank, who holds a significant portion of the company's shares and has a majority of the total voting power. This founder dominance gives Plank significant influence over the company's direction and decision-making.Oct 1, 2023
Is Under Armour a large company?
At roughly three and a half billion U.S. dollars' worth of net revenue in fiscal 2023, this is also where Under Armour generates the majority of its sales. The manufacturer's most lucrative product category is its apparel segment, which represented approximately two-thirds of Under Armour's total sales.
What is the difference between Nike and Under Armour?
Nike is the largest footwear company in the world while Under Armour is one of the fastest emerging companies in the apparel industry. A key similarity between the two companies is the way that they been able to carve out a niche for themselves in the Athleisure market.
Why is Under Armour so expensive?
It is because of their high levels of quality, durability, and performance. The reputation of Under Armour is generally good. Under Armour is a name that many people are familiar with in the world of athletics and protective clothing.Feb 29, 2016
We look into multiple data points: CPP ads data, company description, company employee experience and skills. We also use AI to summarize and extract keywords from the home page of Under Armour and compare that with other companies.
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