Under Armour revs up restructuring program with 3% job cut

Athletic apparel company Under Armour (UA) is revising its business strategy amidst continuing squeeze on profitability from margin pressures. The focus of the recently announced restructuring program is to enhance overall business performance and optimize growth initiatives. The Baltimore, Maryland-based company expects the ongoing initiatives would drag its financial performance during the remainder of the … Continue reading Under Armour revs up restructuring program with 3% job cut