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NKE Dec 2024 87.500 put
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- Yahoo Finance
Under Armour is collapsing — And Kevin Plank has to take the blame
The Under Armour meltdown continues.
- CNN Business
Under Armour was a real threat to Nike. Now it’s fighting to stay relevant
It was once hyped as a worthy rival to Nike. But at present, Under Armour, founded by a 23-year-old former college athlete, is struggling to “just do it.”
- Fortune
Converse layoffs are the latest casualties of Nike’s $2 billion do-or-die plan to get back on its feet
The Oregon-based shoe company said in December it would lay off 2% of its workforce over three years.
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