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Under armour
Under armour
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Under Armour

  1. 1. Under ArmourHolly Kogachi, Sophie Jacobs, Saad Khan
  2. 2. We are leaders, teammates and innovators. We are Under Armour. Who are we?
  3. 3. Leadership
  4. 4. MissionTo make all athletes better through passion, design and the relentless pursuit of innovation. vision statementEmpower athletes everywhere.
  5. 5. - The athletic apparel industry is dominated by a small number of large firms Nike, Under Armour and Adidas - To stay competitive the firms must constantly innovate and create - The firms use strategic partnerships and endorsements by professional athletes to increase brand awareness Industry
  6. 6. Product innovation
  7. 7. - Profit margin has been growing steadily year after year - Stock increased by 63% last year sales Strategic acquisitionsMapMyFitness, MyFitnessPal, Appmaker: Endomondo for a total of $700 mil
  8. 8. Heavy investment spending Poor market share Nike: 60% Adidas: 11% Under Armour: 7% strengths weaknesses threatsOpportunities Competition with Nike ! Poor endorsement decisions Advertising Innovation Footwear Overseas expansion Women and Children
  9. 9. Stephen Curry Tom Brady Lindsey Vonn Jordan Speith
  10. 10. Strategic history Since its inception, Under Armour has pursued a differentiation strategy.
  11. 11. Challenges Under Armour has 3 major challenges to overcome in order to grow successfully. - Have greater product development - Opportunity to take advantage of a strength - Appeal to women - Opportunity to overcome a weakness - Become an internationally recognized brand - Opportunity to neutralize environmental threats
  12. 12. RecommendationsTo have greater product development, Under Armour should invest more money in R&D and advertising shoes and wearable technology.
  13. 13. To appeal more to women, Under Armour should restructure its organization to allow women to have more input in product design and advertising. recommendations
  14. 14. To become an internationally recognized brand, Under Armour should open stores overseas and seek more celebrity endorsements in prominent male and female athletes. Recommendations
  15. 15. “You need to put your hands around the throat of your business, and you need to run it. There’s no other way.” Kevin Plank Founder, Under Armour

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