Market Chatter: Under Armour to Disband Curry Brand Team

MT Newswires Live12-20

Under person (UA, UAA) is disbanding the team behind Stephen Curry's shoe and apparel brand after the company and the National Basketball Association star announced their separation last month, Bloomberg reported Friday, citing a person familiar with the matter.

Under Armour has laid off two employees from the team and moved others to new roles, the report said.

The company still plans to release the Curry 13 sneaker in February, the report said.

Under Armour did not immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 4.35, Change: -0.01, Percent Change: -0.23

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