The struggling German sportswear company could see a lifeline in 2026 but talks to acquire a majority share in the brand have apparently stalled.
A MILE. A MINUTE.
The struggling German sportswear company could see a lifeline in 2026 but talks to acquire a majority share in the brand have apparently stalled.
With a valuation of $2 billion and more than 150 million active users, the company is poised to go public as early as this spring.
One of Under Armour’s largest shareholders boosted its position in the company as Fairfax Financial Holdings increased its stake by buying an additional 13.1 million shares — raising its stake to around 42 million shares. In a regulatory filing with the U.S. Securities and Exchange Commission disclosed on Monday, the Toronto-based Fairfax revealed that it …
Elliott Hill joins Apple CEO Tim Cook and other insiders who bought significant shares of the company in the final moments of 2025.
Chip Wilson nominated three candidates on Monday after saying Lululemon is “in need of change.”
Cook is the lead independent director and boosted his holdings in the company to about 105,000 shares.
The activist investor is reportedly lobbying for a new leader at the company after CEO Calvin McDonald will step down on January 31.
The company confirmed that a bridge loan and credit lines will bring a fresh infusion of cash as speculation of a sale of the brand persists.
According to published reports, members of the Curry Brand team have been reassigned while other roles have been eliminated.
Finding a renewed approach to regaining its footing in China is a top priority for Nike as its second quarter earnings report released on Thursday revealed its sixth straight quarterly decline in sales in the region despite beating Wall Street analysts estimates. Overall sales climbed 1 percent in its second quarter, which ended on November …