Under Armour is unquestionably growing at a fast rate and plans of reaching close to $8 billion in revenue by 2017 are already in store. Kicking off UA’s next phase is this massive new campus that is set to be built in South Baltimore with doors opening this January 2016, with 600 employees making the move to the new headquarters. CEO Kevin Plank has spent over $90 million acquiring land in the area by the waterfront, with the company itself planning spend 4-5% of its revenue on the campus, technology investments, and more distribution centers. Under Armour will also open a new office in Portland, OR, which is just outside of Beaverton, OR where Nike calls home.
Source: bizjournals