Under Armour to cut 400 more jobs in turnaround push, shares rise


Under Armour to cut 400 more jobs in turnaround push, shares rise"Competition still remains an issue," said Neil Saunders, managing director of GlobalData Retail. Initial signs from channel checks and online sales are that Nike is also set to get a boost from a controversial ad campaign, launched earlier this month, featuring former NFL player Colin Kaepernick.