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Stephen Curry and Under Armour End Partnership as Curry Brand Spins Out

Under Armour folds the separation into a $255 million restructuring plan to refocus on its core label.

Overview

  • The split takes effect immediately, with Curry retaining sole ownership of Curry Brand and the freedom to seek a new retail partner.
  • Under Armour will release the Curry 13 in February 2026 as the final UA-backed shoe, with additional colorways and Curry apparel planned through October 2026.
  • Under Armour expanded its restructuring charges to $255 million, a $95 million increase that includes costs tied to the separation, and said the impact on profitability should be limited.
  • The company expects $100 million to $120 million in basketball revenue this fiscal year and plans to keep building UA Basketball products and supporting athlete initiatives, including community programs.
  • Curry Brand launched in 2020, and a 2023 extension made Curry its president and granted him 8.8 million Under Armour shares; Curry says independence will fuel aggressive growth and youth-focused work.