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Motley Fool Money
Under Armour CEO Walks The Plank
Mar 14, 2024
The podcast discusses Kevin Plank's return as CEO of Under Armour and challenges faced by the company. They also talk about Dick's Sporting Goods' resilience and the perfect storm for homebuilders. Pagaya CEO Gal Krubiner chats about using AI to revolutionize fintech.
31:48
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Quick takeaways
- Under Armour aims to revive growth with innovative products like Charged Cotton amidst market challenges.
- Dick's Sporting Goods succeeds by prioritizing customer engagement and diversification to navigate changing retail landscape.
Deep dives
Return to Under Armour's Roots
Kevin Plank has returned as the CEO of Under Armour, aiming to recapture the company's initial 20% year-over-year revenue growth by reigniting its early success with innovative products like Charged Cotton. However, changes in the competitive market, such as shifts in brick-and-mortar strategies and shifts in customer preferences towards companies like Lululemon, pose challenges for the brand's revival.
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Discover
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