Under Armour Opens European Headquarters
11 January 2006 - 3:30AM
PR Newswire (US)
-Partner and Sales Leader, Ryan Wood, Named President of
International, Relocating to Amsterdam to Lead Global Growth
Initiatives- BALTIMORE, Jan. 10 /PRNewswire-FirstCall/ -- Under
Armour(R), Inc. (NASDAQ:UARM), a leading developer, marketer and
distributor of branded performance products, announced today the
opening of its European headquarters in Amsterdam and the promotion
of one of the company's partners, Ryan Wood, to president of
international. The company will operate its European sales,
marketing and logistics functions from an office located in
Amsterdam's Olympic Stadium, originally built to host sports
competitions during the 1928 Olympic Games. "Ryan has been core to
Under Armour's success in building solid relationships with
independent and key account channels in the United States, and I'm
confident that his stellar track record will continue in Europe and
beyond," commented Kevin Plank, founder and chief executive officer
of Under Armour. "Our international business is a top priority, so
we sent our best." Under Armour manufactures a line of moisture
wicking microfiber apparel that pulls perspiration away from the
skin to keep athletes cool, dry and light throughout the course of
a game, practice or workout. Founded in 1996, Under Armour develops
diverse product lines to help athletes perform under all climates
and conditions, including HeatGear(TM) to wear when it is hot,
ColdGear(TM) to wear when it is cold, and AllSeasonGear(TM) to wear
when conditions are between the two. "Under Armour is the U.S.
leader in the fast- growing compression performance apparel market,
and a growing number of athletes around the globe demand the
performance advantage that our gear provides on the playing field,"
commented Wood, who will relocate to Amsterdam and will lead Under
Armour's operations in Europe, Asia and Canada. "Our success is
built on a proven model of working with athletes and teams at a
grassroots level to develop awareness, and we've already
experienced great success among European players in soccer, cricket
and rugby. Amsterdam is an ideal location to provide our growing
base of customers and retailers in Europe with the highest level of
service and support." Throughout Europe, Under Armour is worn by
professional and university athletes in a wide variety of team
sports, including soccer, rugby, cricket and ice hockey, and Wood
is charged with building local European support to ensure the
long-term success of the business internationally. Matthew Mirchin,
vice president of U.S. sales, joined Under Armour in May 2005, and
will continue to lead sales efforts in the United States. Prior to
joining the company, Mirchin served as president of numerous
divisions for Russell Athletic, including retail, bookstores, team,
men's retail and bike. Prior to joining Russell Athletic, Mirchin
served in various capacities at the Champion Division of Sara Lee
Corporation. ABOUT UNDER ARMOUR, Inc. (http://www.underarmour.com/)
Under Armour is available in more than 8,000 locations worldwide,
including specialty and independent retailers throughout the United
Kingdom, across the United States and Canada, and in Japan through
a licensing arrangement with Dome Corporation. The company also has
offices in Canada and Hong Kong. Under Armour is an official
supplier of performance apparel to the National Hockey League, the
U.S. Ski Team, USA Rugby, the National Lacrosse League, and Major
League Lacrosse. The company's products are worn by players on many
teams in the National Football League, Major League Baseball, and
in many Division I-A college football programs. The company employs
more than 500 people and its global headquarters are located in
Baltimore, Maryland. DATASOURCE: Under Armour, Inc. CONTACT: Amy
Christopher, +1-410-367-2700, ext. 21, for Under Armour, Inc. Web
site: http://www.underarmour.com/
Copyright
Under Armour (NASDAQ:UARM)
Historical Stock Chart
From Feb 2025 to Mar 2025
Under Armour (NASDAQ:UARM)
Historical Stock Chart
From Mar 2024 to Mar 2025