Under Armour Unveils High-End Clothing Line For Millennials

under armour fashion

Under Armour may be best-known for its sports and leisure gear, but the company is planning to change that—the retailer just took its first steps into the high-end clothing market.

The company showcased its new line earlier this week at the New York Fashion Week and is targeting “ambitious Millennials,” a group of consumers the Baltimore-based company hopes will have no problem shelling out $199 on wool pants and $1.5k on trench coats, the Wall Street Journal reports. When asked whether the new line is athleisure, Under Armour president of sport fashion Ben Pruess said, “That word is, well, it’s a word, but it is not this.”

While nobody seems to be exactly sure how to describe the new clothing, analysts agree it’s a step in the right direction, saying Under Armour cannot expect to maintain its double-digit growth without expanding into new markets. [WSJ]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

Wall Street Impatient For Big Tech Returns On Data Center Spending

As AI Adoption Ramps Up, Half A Million Property Managers Are In The Crosshairs

Treasuries Hover Around 4.7% As Wall Street Questions If Warsh Is A 'Dove In Hawk's Clothing'

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

Philly Retail Momentum Spills From Rittenhouse Into Northern Liberties

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Churchill Downs Plans To Sell 9 Casinos, Focus On Horse Racing

Bringing Stability And Savings To CRE Insurance Through Working Layer

More Hotel Owners In Need Of Cash Are Getting It From The Big Brands

Forget Buildings, Retailers Are Leasing Environments

Former Arms Dealer Targeting Heartland Apartment Takeover Files For Bankruptcy

SEC Charges REIT, Its Founders With Alleged $152M Fraud Scheme