Sports brand Under Armour has reported full-year revenues for 2019 of more than $5.25 billion, an increase of 1.2% compared to the previous year.
Revenues from apparel were flat at just under $3.5 billion, but it achieved a 2.2% increase in footwear revenues, with a total of a little under $1.1 billion.
Under Armour’s sales in North America fell by 2.1% to just under $3.7 billion, but it achieved growth of 14.2% in Asia and of 5.1% in Europe.
Asia overtook Europe as the brand’s second-biggest market in 2019 with revenues of $636.3 million, compared to Europe’s $621.2 million.
Source: Sports Textiles
AbTF strengthened its work on sustainably verified natural fibers in 2025, continuing to expand its programs despite challenges across global…
A new UK-funded clean energy project is set to begin in Pakistan, with the aim of converting cotton and other…
Researchers are investigating whether microorganisms can help improve desert sand conditions and make them more suitable for agriculture while using…
Woolchemy and Lenzing are collaborating on a new ADL for hygiene products that combines New Zealand wool with wood-based VEOCEL…
Researchers in Finland have developed a leather-like material made from mushroom mycelium, the network of fine fibres that grows beneath…
The UAE has partnered with the Ellen MacArthur Foundation to support the development of policies aimed at making the country’s…