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By Lorraine Mirabella, The Baltimore Sun | March 31, 2014
Under Armour CEO and founder Kevin Plank and celebrity judges will pick from six finalists Friday in the annual Cupid's Cup national entrepreneurship competition. The annual competition, designed to foster interest in student entrepreneurship, is chaired by Plank in partnership with the Dingman Center for Entrepreneurship at the University of Maryland's Robert H. Smith School of Business. It's open to undergraduate and graduate-level students at U.S. colleges and universities, as well as recent graduates.
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BUSINESS
By Lorraine Mirabella, The Baltimore Sun | September 8, 2014
Under Armour has overtaken Adidas this year in combined apparel and footwear sales to become the second biggest sports brand in the United States. Baltimore-based Under Armour had U.S. apparel and footwear sales of $1.2 billion through the end of August, edging ahead of Adidas with $1.1 billion total U.S. sales, according to a Sterne Agee report citing sales figures from SportScanInfo. Under Armour sales have jumped 20 percent this year, while Adidas combined sales have plummeted 23 percent.
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ENTERTAINMENT
By Jean Marbella, The Baltimore Sun | May 9, 2013
Kevin Plank may have sold the first Under Armour shirts from the back of his car, but as his reach has grown, so too have his wheels: These days, he jets around the world, recently to five Asian cities in six days, but managed to get back home to Baltimore to watch a member of his celebrity-filled stable of athletes play in a game. That would be his 9-year-old son, James, playing in a Little League game in Baltimore County. Like any sideline dad, Plank showed off a few photos on his cellphone, scenes from a spring evening more Norman Rockwell than Under Armour, whose thumping ads feature glaring athletes seemingly in training not for a mere game but a coming apocalypse.
NEWS
By Erin Cox and The Baltimore Sun | September 4, 2014
Gov. Martin O'Malley on Thursday put his support behind efforts to bring the 2024 Olympics to the greater Washington-D.C. area. The term-limited governor added his voice to that of Virginia Gov. Terry McAuliffe and D.C. Mayor Vincent Gray in backing the endeavor, which could cost billions if approved. Washington is competing with Boston, New York and San Francisco to convince officials with U.S. Olympic Committee that the city is the country's best shot at winning the games on an international stage.
BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | April 4, 2014
Under Armour founder Kevin Plank was so impressed with Friday's winner of the nationwide entrepreneur competition he runs with the University of Maryland, he offered the graduate student $25,000 in exchange for a stake in his company. Disease Diagnostic Group founder John Lewandowski walked away with $105,000 in total from the Cupid's Cup Business Competition - $75,000 in first place winnings, $5,000 as the audience favorite and the sweetener from Plank. Carrie Handwerker, a spokeswoman for the University of Maryland's Robert H. Smith School of Business, said Plank arranged for the equity stake to be held by his Cupid Foundation.
BUSINESS
By Lorraine Mirabella, The Baltimore Sun | September 24, 2012
Under Armour executive J. Scott Plank has left the Baltimore-based sports apparel company founded by his brother Kevin Plank, the company said Monday. Scott Plank's Sept. 7 retirement was first reported Friday by the Baltimore Business Journal. Plank, who served as Under Armour's executive vice president for business development, is starting War Horse LLC to focus on real estate development and community-based philanthropy, Diane Pelkey, an Under Armour spokeswoman, said in an email.
BUSINESS
By Andrea K. Walker, The Baltimore Sun | December 7, 2010
The brother of Under Armour founder Kevin Plank will sell 400,000 Class A shares in a pre-arranged trading plan. J. Scott Plank, who is also executive vice president at Under Armour, entered into the agreement Nov. 30, but the company disclosed it in a regulatory filing this week. Plank will sell up to 375,000 shares of his personal stock and 25,000 shares of the stock for his charitable foundation. He owns 2.5 million total shares and will own about 4.3 percent of the all the company shares once the sale is complete.
NEWS
By Sean Welsh, The Baltimore Sun | July 1, 2014
A fire badly damaged a recently-renovated building at Sagamore Farm in northern Baltimore County Monday night into Tuesday, the farm's management and Baltimore County fire officials said. The fire, which occurred in the 3500 block of Belmont Avenue in Reisterstown, began around 11:28 p.m. Monday and was under control by 1:18 a.m. Tuesday, Baltimore County fire officials said in a statement. Tom Mullikin, manager of Sagamore Farm - which is owned by Under Armour founder Kevin Plank - said in a statement the fire took place at "our newly constructed employee quarters" and caused "significant" damage.
BUSINESS
By Andrea K. Walker, The Baltimore Sun | November 19, 2010
The CEO of sports apparel company Under Armour plans to sell up to 1,125,000 personal Class B shares over 10 months beginning in February, according to a regulatory filing made Friday. Kevin Plank also plans to sell 125,000 shares of the company's Class B stock for his charitable organization. Plank owns 12,500,000 shares of the company's Class B stock, or about 24.5 percent of the total shares of Class A and B shares available as of Oct. 31. He owns 76.5 percent of voting stock.
SPORTS
By Childs Walker, The Baltimore Sun | February 22, 2013
Under Armour founder Kevin Plank tried to think of his perfect dinner party. There'd have to be a Beatle, he said, along with Jackie Robinson, Babe Ruth and Mother Teresa. But the No. 1 guest, he said, would be Muhammad Ali. Plank and Ali were among those honored by the Cal Ripken Sr. Foundation at a downtown gala and fundraiser at the Waterfront Marriott on Friday evening. But Plank was not able to have his dinner with "The Greatest. " Ali was unable to travel from his home in Arizona because he is recovering from a recent surgery.
NEWS
By Sean Welsh, The Baltimore Sun | July 1, 2014
A fire badly damaged a recently-renovated building at Sagamore Farm in northern Baltimore County Monday night into Tuesday, the farm's management and Baltimore County fire officials said. The fire, which occurred in the 3500 block of Belmont Avenue in Reisterstown, began around 11:28 p.m. Monday and was under control by 1:18 a.m. Tuesday, Baltimore County fire officials said in a statement. Tom Mullikin, manager of Sagamore Farm - which is owned by Under Armour founder Kevin Plank - said in a statement the fire took place at "our newly constructed employee quarters" and caused "significant" damage.
NEWS
June 20, 2014
Recent articles in The Sun about the Recreation Pier in Fells Point have said that it was built to store port cargo ( "Kevin Plank's Recreation Pier hotel plan moves forward ," June 9). That was just one of its uses. The city's main purpose in building the pier was to provide harbor access to the public and recreation for the citizens of Baltimore, the waterfront then "being entirely owned and controlled by the railroads, private corporations and individuals," according to a 1914 engineering report on the pier.
BUSINESS
By Natalie Sherman, The Baltimore Sun | June 9, 2014
The city's Board of Estimates is to vote Wednesday on a plan for a hotel on the historic Recreation Pier in Fells Point, calling for the city to alter an ordinance to allow the Under Armour CEO Kevin Plank-backed hotel to proceed without a public promenade around the property. Instead of the promenade, Sagamore Development Co., controlled by Plank and Chevy Chase developer Marc Weller, would be required to make improvements to Thames Street, from Ann Street to South Broadway and in front of the pier, according to the agenda for Wednesday's Board of Estimates meeting.
NEWS
Robert L. Ehrlich Jr | May 11, 2014
Let's imagine for a moment a woman (we'll call her Nancy) who had a job but saw limited opportunity for advancement at her place of employment. So, Nancy began scribbling out unique product designs in her spare time - an exercise that eventually led to a patent for a brand new widget. But Nancy faced a problem common to every startup entrepreneur - lack of capital. She attempted to secure a loan from a number of local banks but was turned down due to lack of collateral. Seems our lending institutions have raised the stakes in the aftermath of the worst credit crunch in decades.
SPORTS
By Childs Walker, The Baltimore Sun | April 25, 2014
MESA, Ariz.   - Michael Phelps ended the first meet of his comeback on an odd note Friday, using his butterfly stroke to swim a 50-meter freestyle race that's never been part of his repertoire. He was swimming to tinker with his form, not to win. And the race proved a side note to a week with greater implications for the record-setting Olympian and the sport he has loved since childhood. Phelps' return sent a charge through what would have been a routine meet, and the shock waves will continue to ripple through the swimming world as long as he's around.
BUSINESS
By Natalie Sherman, The Baltimore Sun | April 5, 2014
The historic Lord Baltimore Hotel sits a block away from the Sheraton Baltimore City Center, but less than a week after the 1926 landmark celebrated a multimillion-dollar restoration, the owners of the aging Sheraton on Fayette Street warned of mass layoffs and a potential shutdown. Baltimore's hotel market is at a crossroads as investments pour into properties new and old amid a nationwide pickup in business and leisure travel. As new hotels open, older properties scramble to remain competitive in a market in which demand for rooms remains healthy but has yet to rebound to pre-recession levels.
BUSINESS
By Lorraine Mirabella, The Baltimore Sun | September 8, 2014
Under Armour has overtaken Adidas this year in combined apparel and footwear sales to become the second biggest sports brand in the United States. Baltimore-based Under Armour had U.S. apparel and footwear sales of $1.2 billion through the end of August, edging ahead of Adidas with $1.1 billion total U.S. sales, according to a Sterne Agee report citing sales figures from SportScanInfo. Under Armour sales have jumped 20 percent this year, while Adidas combined sales have plummeted 23 percent.
BUSINESS
Lorraine Mirabella | November 6, 2013
Update: Story is updated below with Under Armour comment.  Is it patriotism or poor taste? That's the Internet debate after Northwestern University showed off new, flag-themed football uniforms designed to honor veterans and raise money and awareness for the Wounded Warrior Project. Uniforms designed by the team's outfitter, Baltimore-based Under Armour, somewhat resemble the sports apparel brand's flag-inspired "Maryland Pride" uniforms for the University of Maryland.
BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | April 4, 2014
Under Armour founder Kevin Plank was so impressed with Friday's winner of the nationwide entrepreneur competition he runs with the University of Maryland, he offered the graduate student $25,000 in exchange for a stake in his company. Disease Diagnostic Group founder John Lewandowski walked away with $105,000 in total from the Cupid's Cup Business Competition - $75,000 in first place winnings, $5,000 as the audience favorite and the sweetener from Plank. Carrie Handwerker, a spokeswoman for the University of Maryland's Robert H. Smith School of Business, said Plank arranged for the equity stake to be held by his Cupid Foundation.
BUSINESS
By Lorraine Mirabella, The Baltimore Sun | March 31, 2014
Under Armour CEO and founder Kevin Plank and celebrity judges will pick from six finalists Friday in the annual Cupid's Cup national entrepreneurship competition. The annual competition, designed to foster interest in student entrepreneurship, is chaired by Plank in partnership with the Dingman Center for Entrepreneurship at the University of Maryland's Robert H. Smith School of Business. It's open to undergraduate and graduate-level students at U.S. colleges and universities, as well as recent graduates.
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