Preview

Under Armour Enters the Basketball Shoe Market

Powerful Essays
Open Document
Open Document
3420 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Under Armour Enters the Basketball Shoe Market
______________________________________________________________________________

Under Armour Enters the Basketball Shoe Market

______________________________________________________________________________

This case was written by Professors George E. Belch and Michael A. Belch. It is intended to be used as the basis for class discussion rather than to illustrate either effective or ineffective handling of a management situation.

The case was compiled from published sources.

Company Background

Under Armour (UA) was founded in 1996 by Kevin Plank, a former Maryland football player, who began by selling compression clothing that could “wick” sweat away from the body to college sports teams out of the trunk of his car. Plank was a football player at the University of Maryland, and hated wearing cotton shirts to practice in the hot, humid Maryland climate. Knowing that he would never be an NFL player, Plank devoted his efforts to starting a company that could make a product that would be an improvement over cotton, in that it would not absorb sweat and be much more functional and comfortable to wear. Once made, he started selling the shirts to the lacrosse and football teams at the University of Maryland out of the trunk of his car.
In 1998, the football oriented movie “Any Given Sunday” was being filmed in Baltimore where Under Armour is based. The producers of the movie were looking for a product that would represent the athletic nature of the movie and be comfortable to wear during filming. Under Armour agreed to provide products, and UA shirts were used throughout the filming and appeared in the movie itself, resulting in national exposure for the brand. At about the same time, ESPN was initiating a sports magazine and looking for advertisers. Plank called in his dozen or so employees at the time, and said if they would agree to skip one pay check, UA could purchase a full page ad in the new

You May Also Find These Documents Helpful

  • Better Essays

    Growth of the footwear department, expansion of international markets, and improvements to the online website could all benefit the company greatly. Under Armour could become an even stronger competitor in the sporting and athletic wear industry. With Under Armour’s plans to work on these weaknesses, the company will become even more successful than it has ever…

    • 806 Words
    • 4 Pages
    Better Essays
  • Good Essays

    We also began recruiting athletes like Olympian Michael Phelps, Quarterback Tom Brady, MMA stars Brandon Jennings and George St-Pierre. Under Armor expanded to the international stage by making our headquarters in Amsterdam and a Branded retail store in Annapolis, MD. They also moved higher in their ranking among football fields by sponsoring the Auburn Tigers who won their BCS Championship game. While in 2010 those wonderful things happened we reached incredible heights in our financial sector by recording surpassing a massive $1 billion dollars in revenue; which in analyzing is quadrupled from…

    • 930 Words
    • 4 Pages
    Good Essays
  • Good Essays

    The Under Armour’s logo is showing up in almost any sport, at any level in North America. Their symbol can be seen on stadium walls,postor and it is a symbol that has grown common to the American eye for a long time. Under Armour has really invested themselves in advertising for sport of golf. Their brand is even more recognizable than ever with professional golfer Jordan Spieth endorsing the company. As Spieth gains notoriety in the golfing world, there is a whole new group of people recognizing the Under Armour brand and buying Under Armour products.Not only Jordan Spiethh, but also they have Misty Copeland,a ballerina, and Lindsey Vonn,downhill skier as their female product endorser.For this step of having , Under Armour started their female-target…

    • 296 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Kevin Plank Under Armour

    • 436 Words
    • 2 Pages

    Under Armour is a progressive American sports clothing and accessories company that supplies sportswear and casual apparel. The founder of this sports brand is Kevin Plank who achieved success due to his creation. He designed a superior T-shirt that helps control your body temperature. This synthetic shirt was formed to prevent it from getting soggy, and to help enhance your performance.…

    • 436 Words
    • 2 Pages
    Good Essays
  • Good Essays

    When it comes to athletic apparel, the first company people think of is either Nike or Adidas. Why? Both Nike and Adidas have done an impressive job in marketing their products, with popular spokesperson like Kobe Bryant or Derrick Rose. Nike’s success is attributed to its products contributing to the success of the athletes who purchase them. Nike and Adidas seemed as though they had control on the athletic apparel oligopoly, but recently, Under Armour has become a serious competitor to the two companies. The road to becoming a legitimate competitor has been tough, specifically because of the competitive nature existing between firms in the same market. The market structure, determinants of supply and demand, and future outlook of the company can help us see the state and performance of Under Armour.…

    • 1030 Words
    • 5 Pages
    Good Essays
  • Better Essays

    Under Armour started by marketing products at lower prices pushing their merchandises for college youths. However in recent times, UA have been undergoing massive expansions and have undertaken new objectives to engage with top athletes from many different sporting leagues of the world to endorse their products. Due to their new business ventures, UA have widened their market positioning to the higher end of the scale as well…

    • 1552 Words
    • 7 Pages
    Better Essays
  • Powerful Essays

    Kevin Plank Under Armour

    • 1632 Words
    • 7 Pages

    Nike has set the standard when it comes to the sportswear industry and while it may seem Under Armour mimics a lot of Nikes Advertising, the two actually differ greatly. UA acts like an underdog, while Nike is a mighty king. UA is very focused on professional athletes while Nike democratizes fitness. UA is about proving others wrong, while Nike is about doing yourself right. Under Armour has been extremely successful using this underdog approach and this campaign isn’t going to change that, but continue to strengthen that image. Under Armour provides role models that are more relatable to the average person. It’s more fathomable for a consumer to see the 6’2, 190 pound Stephen Curry rather than say a 6’8, 275 pound Lebron James. This campaign is going to be revolved around star studded athletes but ones that the average person can see themselves being. Everyone has been counted out or have been told they couldn’t do something. Under Armour is going to show that motivation and work ethic will help you get to anywhere you want to the campaign’s advertisements are going to reflect…

    • 1632 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Under Armour, a rather infant company was incorporated only fourteen years ago in 1996 (Under Armour…

    • 5144 Words
    • 21 Pages
    Powerful Essays
  • Powerful Essays

    Ceo - Kevin Plank

    • 1917 Words
    • 8 Pages

    The story of Under Armour begins in Maryland where Plank was a walk-on special-teams football player at the University of Maryland in 1995. He was fed up of having to change shirts often during his games and practice because he would sweat so much, his shirts would weigh him down and feel uncomfortable. During his senior year, he was in his dorm…

    • 1917 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Under Armour (UA) was the pioneer company that introduced performance apparel with moisture management to keep athletes dry, cool, and light while practising or competing. Founded in 1996 becoming a public company in 2005, UA now competes globally in the multisegment retail market for both sports apparel and active wear, though 90% of its sales are in North America. In 2011 UA’s market share was approximately 2.8% compared with Nike at 7.0% and Adidas at 5.4%. UA is in a good financial position with sales of almost $1.5 billion and consistent profits over the past five years, though 2011 saw an 80% increase in its debt obligations compared to the prior year.…

    • 4455 Words
    • 18 Pages
    Powerful Essays
  • Good Essays

    Kevin created Under Armour because when he was in college he wanted to create something for him and his team mates since he was the captain. He created Under Armour in Washington DC on April 21, 1996. Kevin started selling shirts for athletic be hide his car before the company was…

    • 331 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Under Armour

    • 2706 Words
    • 11 Pages

    In 1996, as a football player at the University of Maryland, Kevin Plank grew tired of the cotton t-shirts he was provided becoming soaked with sweat and rain, impeding his ability to move fluidly as a special-teams player for the Terrapin football team. Knowing that cycling outfits and football under shorts were made with a "moisture-wicking synthetic fabric", Plank believed it possible to make a t-shirt out of such material. He observed the content label of his moisture-wicking undershorts and bought the same material from a fabric store, subsequently paying a tailor $460 to sew seven shirts using the fabric. Plank 's and six other teammates wore the shirts in practice and all agreed that Plank was on to something very positive. In response, he went to New York 's garment district and had hundreds more samples made, calling his invention "Under Armour" and subsequently founding the company as it is known today through the initial backing of angel investors (Business Week.com, Carey, John, 25 May 2006).…

    • 2706 Words
    • 11 Pages
    Good Essays
  • Good Essays

    Under Armour

    • 877 Words
    • 4 Pages

    Plank based his company in the basement of his grandmother's house in Washington, D.C. and eventually made his first team sale to Georgia Tech. By 1997, 12 NCAA Division 1-A teams and 10 NFL teams were wearing the gear, and Under Armour made its first appearance in the Super Bowl when the Green Bay Packers defeated the New England Patriots. When this happened Plank moved his company headquarters to South Baltimore, and set up a manufacturing plant six blocks away. That year Under Armour developed five other product lines Cold Gear, Loose Gear, Turf Gear, All season Gear, and Street Gear to cover every climate and condition an athlete may face in a year. Plank had not only created a company, but a new industry of performance apparel.…

    • 877 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    This case was written by Professor George E. Belch and Michael A. Belch. It is intended to be used as the basis for class discussion rather than to illustrate either effective or ineffective handling of a management situation.…

    • 4280 Words
    • 18 Pages
    Powerful Essays
  • Powerful Essays

    intend to illustrate either effective or ineffective handling of a managerial situation. The authors may have disguised certain names…

    • 8408 Words
    • 29 Pages
    Powerful Essays