The North American Business Is Facing Challenges And Another Executive Leaving.
According to foreign media reports, Andemar (Under Armour)'s business in North America is facing major challenges. According to the documents submitted by the securities and Exchange Commission, Jason LaRose, President of North American branch, will leave the company in April 30th.
Jason Larose worked as an executive at Sears and Express. He joined Andrea in 2013 and was promoted to his post in 2016.
Andemar's sales in North America in the fourth quarter were $965 million, down 6%.
International business grew by 24% to $395 million.
The company has recently seen a series of senior executives leaving.
Last month, Dave Dombrow, the designer of many of the Andrew's hot sneakers, left the company.
Last July, Adrien Floton, senior vice president of UA (Adrienne Lofton) left the company. In October, Kerry Chandler Lofton Kerry Chandler, the chief human resource officer, left the company. In December, Walker Jones, senior vice president of UA global sports marketing (Ryan Kuehl) and senior director of sports marketing Walker Jones (Walker Jones) were dismissed.
In January this year, UA hired Cernavia Hroch Rocker as the chief human resource and cultural officer. This is a newly established position, emphasizing the company's concern for employees and the overall satisfaction of the work. (Tchernavia)
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