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Under Armour Struggles With Personnel Issues, Slumping Sales

Management shifts have not helped the struggling Under Amour.  “Once heralded as the next Nike, Under Armour has faltered, hurt by slumping sales and unflattering revelations about its corporate culture,” according to The New York Times. “It is grasping for a hold in the fiercely competitive sports apparel market even as it undergoes the biggest management shift in its history. Investors, analysts, and competitors are wondering if Under Armour can successfully redefine itself and once again win over consumers, or whether the company’s best days are behind it.”

Read the whole story at The New York Times »

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