How Under Armour Became A Highly Profitable Company And The Critical Success Factors Behind Under Armour's Success
This essay sheds light on how Under Armour became a highly profitable company, identifies the critical success factors behind Under Armour's success as a highly profitable sports equipment and sports apparel company, demystifies Under Armour's growth strategies for long term revenue growth, and reveals the future outlook of Under Armour in the digital era. Under Armour is a highly profitable multinational sports equipment and sports apparel company. Under Armour sells a copious amount of products which are not limited to just sports equipment products. In addition to selling sports equipment products, Under Armour also sells jackets, shorts, vests, t-shirts, tank tops, hoodies, leggings, sweatpants, joggers, athletic shoes, swimwear, underwear, water bottles, beanies, hats, caps, gloves, socks, sackpacks, backpacks, belts, waist bags, headphones, headbands, sports masks, visors, and other products for athletes. Under Armour has a vast variety of sports apparel products that it sells which appeal to their target market. Under Armour's sizeable target market consists of athletes from around the world. Athletes from around the world revel in wearing sports apparel and are keen on procuring the latest sports apparel products. Athletes prefer to utilize sports apparel products that have tremendous utility. Unbeknownst to most people, Under Armour was founded over a quarter of a century ago in 1996 and became highly profitable in 2021 to the extent of generating $360,000,000 in net income in 2021 and $5,683,000,000 in sales revenue in 2021. Even though Under Armour has been able to operate profitably throughout most years of the 2010s, Under Armour reached a new pinnacle of profitability in 2021 in which Under Armour generated $360,000,000 in net income 2021. In 2019, Under Armour generated $92,000,0000 in net income. In 2016, Under Armour generated $198,000,0000 in net income. In 2015, Under Armour generated $233,000,0000 in net income. In 2014, Under Armour generated $208,000,0000 in net income. In 2013, Under Armour generated $162,000,0000 in net income. In 2012, Under Armour generated $129,000,0000 in net income. In 2011, Under Armour generated $96,000,0000 in net income. In 2010, Under Armour generated $68,000,0000 in net income. Under Armour has been able to significantly increase their net income in 2021 and even has established a track record of surpassing the one hundred and sixty million dollar net income threshold for four consecutive years in the 2010s from 2013-2016. Even though Under Armour succumbed to having negative net income in 2020, 2018, and 2017, Under Armour has been able to operate profitably during most of its years. Under Armour has been able to operate profitably throughout most years of the 2010s, Under Armour also achieved the stupendous feat of surpassing the three hundred and fifty million dollar net income threshold in 2021 which is apt to be eclipsed in the pending future. Under Armour's net income generated in 2021 for instance is a far cry from their net income generated in 2020. Under Armour's net income in 2020 was $-549,000,000 while its net income in 2021 was $360,000,000 which ultimately means that Under Armour's net income amplified by about $909,000,000 in this one year period from 2020-2021. Under Armour's net income of $360,000,000 in 2021 is however apt to be surpassed in the coming years as demand for sports apparel products surges worldwide. Under Armour became highly profitable in 2021 to the extent of generating significantly over three hundred and fifty million dollars in net income in 2021 primarily as a result of there being increased demand in 2021 for Under Armour products. Under Armour has a host of product offerings. Under Armour offers their target market a myriad of disparate types of sports apparel products to choose from. As of 2021, Under Armour is still deemed to be one of the utmost largest multinational sports equipment and sports apparel companies in the world. Under Armour has also been one of the utmost largest multinational sports equipment company in the world for ample years preceding 2021. As per their product offerings, in addition to selling sports equipment products, Under Armour also sells jackets, shorts, vests, t-shirts, tank tops, hoodies, leggings, sweatpants, joggers, athletic shoes, swimwear, underwear, water bottles, beanies, hats, caps, gloves, socks, sackpacks, backpacks, belts, waist bags, headphones, headbands, sports masks, visors, and other products for athletes. Under Armour has a vast variety of sports apparel products that it sells which appeal to their target market. Under Armour's sizeable target market consist of athletes throughout the world. Under Armour is a major market competitor in the sports apparel market due to having a significant market share in the global sports apparel market.
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How Under Armour Became A Highly Profitable Company And The Critical Success Factors Behind Under Armour's Success
This essay sheds light on how Under Armour became a highly profitable company, identifies the critical success factors behind Under Armour's success as a highly profitable sports equipment and sports apparel company, demystifies Under Armour's growth strategies for long term revenue growth, and reveals the future outlook of Under Armour in the digital era. Under Armour is a highly profitable multinational sports equipment and sports apparel company. Under Armour sells a copious amount of products which are not limited to just sports equipment products. In addition to selling sports equipment products, Under Armour also sells jackets, shorts, vests, t-shirts, tank tops, hoodies, leggings, sweatpants, joggers, athletic shoes, swimwear, underwear, water bottles, beanies, hats, caps, gloves, socks, sackpacks, backpacks, belts, waist bags, headphones, headbands, sports masks, visors, and other products for athletes. Under Armour has a vast variety of sports apparel products that it sells which appeal to their target market. Under Armour's sizeable target market consists of athletes from around the world. Athletes from around the world revel in wearing sports apparel and are keen on procuring the latest sports apparel products. Athletes prefer to utilize sports apparel products that have tremendous utility. Unbeknownst to most people, Under Armour was founded over a quarter of a century ago in 1996 and became highly profitable in 2021 to the extent of generating $360,000,000 in net income in 2021 and $5,683,000,000 in sales revenue in 2021. Even though Under Armour has been able to operate profitably throughout most years of the 2010s, Under Armour reached a new pinnacle of profitability in 2021 in which Under Armour generated $360,000,000 in net income 2021. In 2019, Under Armour generated $92,000,0000 in net income. In 2016, Under Armour generated $198,000,0000 in net income. In 2015, Under Armour generated $233,000,0000 in net income. In 2014, Under Armour generated $208,000,0000 in net income. In 2013, Under Armour generated $162,000,0000 in net income. In 2012, Under Armour generated $129,000,0000 in net income. In 2011, Under Armour generated $96,000,0000 in net income. In 2010, Under Armour generated $68,000,0000 in net income. Under Armour has been able to significantly increase their net income in 2021 and even has established a track record of surpassing the one hundred and sixty million dollar net income threshold for four consecutive years in the 2010s from 2013-2016. Even though Under Armour succumbed to having negative net income in 2020, 2018, and 2017, Under Armour has been able to operate profitably during most of its years. Under Armour has been able to operate profitably throughout most years of the 2010s, Under Armour also achieved the stupendous feat of surpassing the three hundred and fifty million dollar net income threshold in 2021 which is apt to be eclipsed in the pending future. Under Armour's net income generated in 2021 for instance is a far cry from their net income generated in 2020. Under Armour's net income in 2020 was $-549,000,000 while its net income in 2021 was $360,000,000 which ultimately means that Under Armour's net income amplified by about $909,000,000 in this one year period from 2020-2021. Under Armour's net income of $360,000,000 in 2021 is however apt to be surpassed in the coming years as demand for sports apparel products surges worldwide. Under Armour became highly profitable in 2021 to the extent of generating significantly over three hundred and fifty million dollars in net income in 2021 primarily as a result of there being increased demand in 2021 for Under Armour products. Under Armour has a host of product offerings. Under Armour offers their target market a myriad of disparate types of sports apparel products to choose from. As of 2021, Under Armour is still deemed to be one of the utmost largest multinational sports equipment and sports apparel companies in the world. Under Armour has also been one of the utmost largest multinational sports equipment company in the world for ample years preceding 2021. As per their product offerings, in addition to selling sports equipment products, Under Armour also sells jackets, shorts, vests, t-shirts, tank tops, hoodies, leggings, sweatpants, joggers, athletic shoes, swimwear, underwear, water bottles, beanies, hats, caps, gloves, socks, sackpacks, backpacks, belts, waist bags, headphones, headbands, sports masks, visors, and other products for athletes. Under Armour has a vast variety of sports apparel products that it sells which appeal to their target market. Under Armour's sizeable target market consist of athletes throughout the world. Under Armour is a major market competitor in the sports apparel market due to having a significant market share in the global sports apparel market.
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How Under Armour Became A Highly Profitable Company And The Critical Success Factors Behind Under Armour's Success
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How Under Armour Became A Highly Profitable Company And The Critical Success Factors Behind Under Armour's Success
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Product Details
| ISBN-13: | 9798369228067 |
|---|---|
| Publisher: | Barnes & Noble Press |
| Publication date: | 05/16/2022 |
| Pages: | 34 |
| Sales rank: | 676,123 |
| Product dimensions: | 8.50(w) x 11.00(h) x 0.07(d) |
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