This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Under Armour Amplifies Global Expansion Efforts With Brazil Launch

Stocks in this article: UA

BALTIMORE, March 12, 2014 /PRNewswire/ -- Today, Under Armour Founder and CEO Kevin Plank, Ironman World Champion Chris McCormack and MMA champion Georges St-Pierre hosted a press event in Sao Paulo, Brazil for the brand's launch in this booming economic region. Under Armour will be available in over 70 of the country's premium points of sale and e-commerce hubs, such as Centauro, Netshoes and Paqueta.

"Launching the Under Armour brand in Brazil is another critical step towards reaching our international expansion goals and driving our continued growth throughout the world," said Kevin Plank. "The country's passion and commitment to sport is incredible, and we look forward to empowering Brazilian athletes and bringing them game-changing apparel, footwear and equipment."

" Brazil is a region with a rich athletic history and focuses on sports as a part of everyday life," said Marcelo Ferreira, Under Armour Managing Director, Brazil. "As the nation prepares to host the world's biggest sporting events, this is an exciting opportunity for Under Armour to identify with the passion Brazilians have for active lifestyles and to provide them with the most innovative performance products in the market."

Under Armour will offer a broad array of training and running apparel and footwear in the initial launch phase, including UA SpeedFormâ„¢ Apollo, a first-of-its-kind running shoe constructed using an innovative manufacturing process in a clothing factory, and HeatGear® ArmourVentâ„¢, a new technology available in training apparel across men's, women's and youth categories. The running and training assortment will be supplemented with a series of sport-specific collections.

Elite athletes competing on the world's biggest stages perform in Under Armour footwear and apparel, including McCormack, St-Pierre, world champion swimmer Michael Phelps, NBA All-Star Stephen Curry, world champion downhill skier Lindsey Vonn, as well as leading global soccer clubs Tottenham Hotspur of the Barclays Premier League and Colo-Colo of the Chilean First Division.

To learn more about the Under Armour brand in Brazil and product innovations visit www.underarmour.com.br.

About Under Armour, Inc. Under Armour (NYSE: UA), the originator of performance footwear, apparel and equipment, revolutionized how athletes across the world dress. Designed to make all athletes better, the brand's innovative products are sold worldwide to athletes at all levels. Under Armour's wholly owned subsidiary, MapMyFitness, powers one of the world's largest Connected Fitness communities. The Under Armour global headquarters is in Baltimore, Maryland. For further information, please visit the Company's website at www.uabiz.com.

SOURCE Under Armour

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,297.59 +228.72 1.34%
S&P 500 1,995.09 +22.35 1.13%
NASDAQ 4,608.1610 +60.3270 1.33%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs