Under Armour: record turnover (€4.6bn) and profit for the sports equipment brand in 2016

Under Armour posted a record turnover $4.8bn (€4.6bn on 31/12/2016) for the 2016 fiscal year (from 01/01 to 31/12/2016), up 21.8% compared to 2015 ($3.96bn / €3.64bn), announced the American sports equipment brand on 31/01/2017. However, the turnover is down 2.5% to 4% compared to the projections of the company for 2016 ($5bn at the end of the...