Under Armour, Inc. – Class C Shares

Under Armour, Inc. (Class C shares, ticker UA) is a US sportswear company known for performance apparel, footwear and accessories. With a market capitalisation around $2.02bn, the business mixes wholesale relationships with an expanding direct‑to‑consumer (DTC) channel and digital initiatives. Investors should note the competitive landscape — including Nike, Adidas and niche premium brands — plus the sensitivity of apparel demand to consumer spending, inventory cycles and fashion trends. Recent strategy has emphasised margin recovery through product innovation, cost controls and DTC growth, but execution and margin volatility remain material risks. Class C shares typically carry limited voting rights versus other share classes. This summary is educational only and not personalised investment advice; values can fall as well as rise, and prospective investors should assess their own objectives, risk tolerance and do further research before acting.