Growth for Under Armour in 2018

12/02/2019
Growth for Under Armour in 2018
Sports brand Under Armour has reported full-year revenues for 2018 of $5.2 billion, an increase year on year of 4%. 

The market in North America remained the brand’s largest by far, but suffered a 2% fall in revenues, reaching $3.7 billion. The figures for Europe and Asia showed good growth, up by 25% and 29% respectively.

Globally, Under Armour’s revenue from clothing increased by 5%, reaching $3.5 billion and there was growth of 2% for footwear, with sales of shoes bringing in $1.1 billion. Revenue from accessories, however, fell by 5% to $422 million.