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Under Armour Strikes Gold With Partnership With USA Gymnastics

Stocks in this article: UA

BALTIMORE, Feb. 28, 2013 /PRNewswire/ --  Under Armour and USA Gymnastics today announced that Under Armour, Inc., the Baltimore, MD-based leader in athletic performance gear, will provide performance apparel, footwear, and accessories for the USA Gymnastics athletes, coaches, and staff for the next eight years, through the 2020 Olympic Games.  This is the brand's first sponsorship of a national governing body for a summer Olympic sport.

(Logo: http://photos.prnewswire.com/prnh/20110127/NE37387LOGO)

"Under Armour is already known for its wide-range of innovative and stylish performance products," said Steve Penny, President of USA Gymnastics, "and the plans we have discussed for our partnership have the potential to elevate both of our brands in the United States and on the international stage."

"As Under Armour continues to expand into new categories globally, we are committed to strengthening our position as the leader in performance innovation," said Matt Mirchin, Senior Vice President, Brand and Sports Marketing, Under Armour. "We are proud to partner with USA Gymnastics, providing state-of-the-art performance apparel, footwear, and accessories designed to help these elite gymnasts perform at their best."

Designated as the official performance apparel and footwear outfitter, Under Armour will provide team members with competition, conditioning and training apparel, accessories and footwear, including competition leotards. The U.S. National Team coaches, athletes and staff will also be outfitted head-to-toe at national training camps and national and international competition.

Under Armour will collaborate with GK Elite Sportswear, L.P. to create the U.S. National Team competition apparel for men's and women's gymnastics, trampoline and tumbling. GK Elite has been the exclusive manufacturer of competitive gymnastics apparel for the U.S. National Team since 2000.

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