Under Armour Acquires Plant-Based Fashion Brand, Appoints New Brand Strategy EVP
Eric Liedtke, founder of Unless Collective and former Adidas executive, joins Under Armour's leadership team.
- Under Armour acquires Unless Collective, a zero-plastic fashion startup founded by Eric Liedtke.
- Eric Liedtke appointed as Executive Vice President of Brand Strategy at Under Armour.
- Liedtke brings extensive experience from Adidas, where he led significant brand turnarounds.
- Under Armour continues restructuring efforts under CEO Kevin Plank's leadership.
- Upcoming earnings report expected to show significant declines in revenue and profit.