584607

article image

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

RATE THISRATE THISRATE THISRATE THISRATE THISRATE THISRATE THISRATE THISRATE THISRATE THIS 
5.00 / 5 1 VOTES
Loading...
This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. The opinions and information provided on this site are original editorial content of Sneaker News.

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?