Under Armour forms partnership with Naval Academy Athletic Association The Naval Academy Athletic Association and Under Armour announced a new multiyear partnership that designates Under Armour as the official outfitter of their varsity intercollegiate athletic programs. Under Armour will outfit all of the Naval Academy's 33 men's and women's varsity athletic teams beginning in the 2014-15 season. The partnership also includes marketing and promotional opportunities.
Under Armour mentioned cautiously by Mosaic Research Mosaic Resarch believes Under Armour's sales have slowed from previous levels. The firm said Apparel has been hampered by weak conditions at retail and warmer weather and Footwear and International have likely pressured margins.