Under Armour Beefs Up Portland Presence With New 70,000 Sq. Ft. Office

The city of Portland is undoubtedly the epicenter of the athletic apparel/footwear world, and Under Armour’s latest move in the buzzing city definitely helps their case in putting up a stronger fight against Nike. According to Biz Journals, UA will lease the former YMCA building that boasts 70,000 square-feet of space; this is about five times the size of their current location in the General Automotive Building. UA experienced its best year yet in footwear sales, amassing $431 million in 2014 (14% of their revenue), but in comparison, Nike pulled in $16.2 billion in the same year. As Under Armour continues to grow, will the percentage of their revenue from footwear increase?

Footwear sales in most recent year: Under Armour: $431 million (14% of revenue) Nike: $16.2 billion (58% of revenue)

— Matthew Kish (@matthewkish) April 20, 2015