Under Armour Sees Profits, Shares Fall

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Overview

  As Under Armour Inc.'s founder and chief executive officer Kevin Plank described the firm as “growing up” Tuesday, investing in systems, infrastructure and acquisitions as well as product and marketing, the high-flying activewear brand reported a 13.4 percent dive in first-quarter profits that sent Under Armour shares down 4.8 percent to $83.52 in New York Stock Exchange trading.   SEE LIST BELOW FOR ALL OF THIS ISSUE'S ARTICLES

From This Issue

Inside Under Armour's store in SoHo.

Financial

Under Armour Net Drops 13.4% in Q1

Revenues up 25.5 percent while revised revenue guidance for year below expectations.

clock April 21, 2015Arnold J. Karr

François-Henri Pinault

Financial

Kering Revenues Gain 11.4% in Q1

Kering chief executive officer François-Henri Pinault predicted a “gradual improvement” over the year.

clock April 21, 2015Joelle Diderich

Government and Trade

U.S. Trade Measures Debated Before Congress

The heads of the U.S. Chamber of Commerce and AFL-CIO squared off over the pros and cons of U.S. trade measures on Tuesday.

clock April 21, 2015Kristi Ellis

Retail

House of Fraser Sets China Expansion

British retailer sees sales, profits climb in single digits.

clock April 21, 2015Samantha Conti

Jitrois, U.S. Flagship, Madison Ave

Retail

Jitrois Opens First U.S. Flagship, in NYC

Jitrois opened its first U.S. flagship, a 700-square-foot store at 959 Madison Avenue between 75th and 76th Streets.

clock April 22, 2015Sharon Edelson

Gillian Jacobs, Mary Katrantzou , Jenny Slate

Parties

Matchesfashion.com Celebrates Mary Katrantzou

Matchesfashion.com toasted the launch Mary Katrantzou’s A-to-Z totes.

clock April 21, 2015Marcy Medina

Franca Sozzani and Tory Burch

Fashion Scoops

Vogue Italia Toasts Tory Burch

Tory Burch was feted at a dinner on Monday evening organized by Vogue Italia’s editor in chief Franca Sozzani.

clock April 22, 2015Luisa Zargani

Fashion Scoops

Purses & Pursenalities Holds Annual Luncheon

Sandro Choi; Tim Gunn; Karen Klopp of What2WearWhere and Amber Sabathia, creator and designer of CCandy, were the honorees at the 10th annual Purses & Pursenalities luncheon at New York’s Metropolitan Club Tuesday.

clock April 22, 2015WWD Staff

Media

Time Inc. Reveals Compensation for Top Execs

Time Inc. chairman and ceo Joe Ripp saw his total compensation shrink 35.5 percent to $5.8 million.

clock April 22, 2015Alexandra Steigrad

LVMH

Media

LVMH Launches New Visually Dynamic Site Design

LVMH Moët Hennessy Louis Vuitton began testing its new-look corporate Web site on Tuesday, its welcome page offering bird’s-eye views of the new Louis Vuitton Foundation museum, designed by architect Frank Gehry.

clock April 22, 2015Miles Socha

Miami Design District

Retail

Miami Design District Expanding

The Miami Design District is continuing to add to its heady mix of star architect-designed buildings, public art installations and luxury and contemporary retail, with the addition of food from chefs Joël Robuchon and Jean-Georges Vongerichten.

clock April 21, 2015Sharon Edelson

An image from " Patricia Underwood: The Way You Wear Your Hat."

Hats, Gloves and More

Rizzoli Launching Patricia Underwood Book

Patricia Underwood’s four-decade-long career will be celebrated this spring with the release of a retrospective Rizzoli book. “Patricia Underwood: The Way You Wear Your Hat.”

clock April 21, 2015Misty White Sidell

Ruth Finley Honored at Meals on Wheels

Human Resources

Ruth Finley Documentary in the Works

Ruth Finley, founder of the Fashion Calendar, who turned 95 in January, is gearing up for her next career on the silver screen.

clock April 22, 2015Lisa Lockwood

Barneys New York, Huishan Zhang

Fashion Scoops

Barneys Taps Huishan Zhang to Design Capsule Collection

Barneys New York tapped Huishan Zhang to design a capsule collection of dresses that celebrate the Chinese spirit.

clock April 22, 2015Kristi Garced

AWAKE, Polo Ralph Lauren

Fashion Trends

Fall 2015 Trend: Plaid Romance

There’s a resurgence of that great sartorial tradition — plaid — for fall in looks both bold and subtle and best paired with men’s wear tweeds, cozy sweaters and sturdy shoes and boots.

clock April 22, 2015Bobbi Queen

"Fashion Icons with Fern Mallis"

Parties

Fern Mallis’ Fashion Icon Book Celebrated at Saks

The tome is a compendium of 19 of her “Fashion Icons” interviews at the 92nd Street Y.

clock April 22, 2015David Moin

Whitney Museum , Max Mara

Designer and Luxury

Max Mara Teams With Whitney Museum for Unveiling

Max Mara fashion group has partnered with the Whitney Museum of American Art for its official opening event to be held May 24.

clock April 22, 2015Luisa Zargani

Jon & Vinny's

Lifestyle

Jon and Vinny’s Opens in L.A.

Jon Shook and Vinny Dotolo's latest venture is a 45-seat Italian-American restaurant.

clock April 21, 2015Marcy Medina

90's raver goes hiking at Moschino.

Fashion Scoops

Moschino Named Guest Men’s Brand at Pitti Uomo

Jeremy Scott will stage his first Italian men’s wear show at the trade show.

clock April 21, 2015Alessandra Turra

Essentialist

Today's Must Read

Art for Gimlet's podcast "Reply All."

Business

'Reply All' Podcast Put 'On Pause' After Toxic Culture Accusations

clock 4hKali Hays

Social Studies

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