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Sneaker Sales Propel 3Q Surge In Under Armour Earnings

PYMNTS

The Baltimore-based chain also announced the sale of its MyFitnessPal workout platform to private-equity firm Francisco Partners. Patrik Frisk, president and CEO of Under Armour, told The Baltimore Sun that the company is focused on returning to profitability and is planning to invest in eCommerce and company-owned retail outlets. .

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Under Armour Wants To ‘Reinvent’ Baltimore, But Not Everyone’s Feeling It

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What I really want to do is build the biggest brand on the planet,” Plank recently told Bloomberg. “I And Baltimore, like many mid-sized American cities, is pretty much broke right now. And Baltimore already has a bunch of sports teams. The problem, many locals say, is that only Under Armour will benefit from the arrangement.

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NYC Summit To Tackle Lack Of Influencer Regulation

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University of Baltimore professor of economics and statistics Dr. Robert Cavazos researched the influencer fraud problem and said issues are anticipated with a model like influencer marketing. Sylo is sponsoring the event. It’s a very fine, delicate balancing act.”.

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One Food-Ordering App To Rule Them All

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It’s a hungry brand, gobbling up three different food delivery competitors in the last quarter alone: Boston-based Foodler, Groupon’s OrderUp and most recently, Yelp’s Eat24. Both Groupon and Grubhub are Chicago-based, although OrderUp calls Baltimore home. Grubhub isn’t just about hungry people. The Eat24 deal closed last week on Oct.

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Does ‘Google Checking’ Foreshadow Big Tech, FinTech Payments Changes?

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Instead of trying to be the bank, Google is leveraging the brand name, banking infrastructure and trusted reputation of two banks, one of which is among the world’s largest global FIs, to acquire new users for that product and for Google Pay. After all, he added, clarity is the first step toward effective action and planning. Google’s Aim.

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Beverage Makers Get Into Experiential Retail Spirits

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Beverage brands are getting in the experiential retail spirit by crafting new spaces dedicated to encouraging libation aficionados to try out their products. The idea is to create a place where the brand can feature its products — and consumers can discover them. The Experiential Beer Experience. As it stands, the U.S.

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Justice Department, SEC Investigating Under Armour

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Baltimore-based Under Armour is being probed over its accounting practices by the U.S. The company’s 1996 founder Kevin Plank is stepping down in January as chief executive officer (CEO) and will serve as executive chairman and brand chief. Securities and Exchange Commission (SEC) and the U.S. for many years.

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