Under Armour won’t let employees expense “adult entertainment,” limos, or gambling anymore

Under Armour is being accused of promoting a troubling workplace culture, after it was revealed that the sports apparel company used to allow some employees and executives to expense visits to strip clubs. According to a report from the Wall Street Journal, the practice, following some corporate parties and sporting events, was “legacy,” until an…

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Under Armour shares skyrocket but competition with Nike is still a threat

Under Armour Inc. shares have skyrocketed more than 25% in Tuesday trading, but analysts are sounding an alarm about being too optimistic after the athletic brand reported a decline in North America amid rising competition with Nike Inc. Under Armour UAA, +27.71% UA, +24.75%  reported adjusted earnings per share that soared past consensus, and revenue…

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