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11 mentions found


☆ The bike helmet debate rages on as study finds drivers view cyclists wearing safety gear as 'less human'
  + stars: | 2023-06-26 | by ( Eliza Relman | ) www.businessinsider.com   time to read: +6 min
A recent study found that drivers viewed cyclists wearing a helmet or safety vest as "less human." This research could add fuel to the debate over bike helmet mandates in the US. Researchers found that cyclists wearing helmets or vests are viewed as "less human" than those without any safety gear on. GHI/UCG/Universal Images Group via Getty ImagesBike helmet mandates might do more harm than goodThe research could add fuel to the debate over helmet mandates, which are in place in about 200 localities and more than 20 states across the US. Notably, bike helmet usage and mandates are rare in cities with strong bike infrastructure and large numbers of cyclists, including in Europe.
Persons: they'd, —, Colin Browne, Browne Organizations: Morning, Queensland University, Flinders University, Getty, National Transportation Safety Board, Washington Area Bicyclist Association Locations: Australia, Manhattan, New York City, Europe, Utrecht, Netherlands, Munster, Germany, Antwerp, Belgium
☆ Why Paris is one of the few cities in the world banning rental e-scooters
  + stars: | 2023-04-09 | by ( Eliza Relman | ) www.businessinsider.com   time to read: +10 min
Transportation experts say the Paris ban doesn't necessarily mean much for the growth of micromobility. The diverging approaches to rental e-scooters by major cities around the world reflects the technology's chaotic rollout over the last few years and an inability for cities to keep up with sufficient regulations, experts say. Either way, experts say the regulatory environment in Paris and many other places just hasn't been able to keep up. Transportation experts say Paris' ban isn't necessarily reflective of how the public in that city — or any — feels about e-scooters. Despite the setback in Paris, transportation experts say electric vehicles of all sorts, from e-scooters, to e-bikes, to electric buses, are the future of transport in cities around the world.
☆ Under Armour CEO: Inventory is a story, but we're quite comfortable with how our inventory looks
  + stars: | 2023-02-08 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUnder Armour CEO: Inventory is a story, but we're quite comfortable with how our inventory looksUnder Armour founder Kevin Plank and interim CEO Colin Browne join 'Closing Bell' to discuss weak stock performance despite a strong quarter, address inventory concerns and the new leadership joining Under Armour.
☆ Under Armour raises outlook as earnings and revenue beat expectations
  + stars: | 2023-02-08 | by ( Gabrielle Fonrouge | ) www.cnbc.com   time to read: +2 min
Under Armour reported holiday quarter earnings Wednesday that beat Wall Street's expectations, but the retailer is contending with a growing inventory glut that heavy promotions and discounting failed to alleviate. Despite the inventory challenges, the athletic apparel company raised its earnings outlook for the fiscal year. It now expects to see per share earnings 52 cents to 56 cents, compared to the previously expected range of 44 cents to 48 cents. Despite heavy promotions and discounting during its crucial holiday quarter, inventory was up slightly from its previous quarter. A 2% decline in apparel, which accounts for the majority of Under Armour's sales, was offset by a 25% jump in footwear revenue.
☆ Stocks making the biggest moves midday: CVS, Fortinet, Lumen Technologies, Alphabet & more
  + stars: | 2023-02-08 | by ( Pia Singh | ) www.cnbc.com   time to read: +4 min
Check out the companies making headlines in midday trading Wednesday:Lumen Technologies — Shares fell 22.5% after the cloud network data company reported a fourth-quarter loss of about $3.1 billion. CVS Health — CVS Health gained 4.6% after the company surpassed profit and sales expectations in its latest quarterly results. The New York Times Company — Shares for the media organization popped more than 14% after its fourth-quarter earnings beat analyst estimates. The company reported earnings of 59 cents per share, which was greater than a Refinitiv estimate of 43 cents per share. Fortinet posted earnings of 44 cents per share, while analysts expected 39 cents per share, according to StreetAccount.
☆ Under Armour Names Stephanie Linnartz Next CEO
  + stars: | 2022-12-22 | by ( Denny Jacob | ) www.wsj.com   time to read: 1 min
Stephanie Linnartz is set to lead Under Armour as president, chief executive and a member of the board. Under Armour Inc. on Wednesday said Stephanie Linnartz will join the company as its first female president, chief executive and a member of the board, effective Feb. 27. The Baltimore-based sportswear maker said Colin Browne , who has served as interim president and CEO since June, will resume his role as chief operating officer upon Ms. Linnartz’s arrival. Ms. Linnartz currently serves as the president of Marriott International Inc., where she has held multiple C-Suite positions. She joined the company in 1997 as a financial analyst.
☆ Under Armour names Marriott veteran Linnartz as CEO to boost e-commerce
  + stars: | 2022-12-21 | by ( Ananya Mariam Rajesh | ) www.reuters.com   time to read: +2 min
[1/2] Stephanie Linnartz, President of Marriott International speaks at the 2022 Milken Institute Global Conference in Beverly Hills, California, U.S., May 4, 2022. REUTERS/Mike BlakeDec 21 (Reuters) - Under Armour Inc (UAA.N) on Wednesday named veteran hotelier Stephanie Linnartz as its chief executive, betting that her experience in e-commerce and branding strategy will help revive sales at the apparel maker. Linnartz currently serves as president of Marriott International Inc (MAR.O) and has been with the hotel chain operator in various roles for the last 25 years. Interim CEO Colin Browne will resume his responsibilities as chief operating officer, Under Armour said in a statement. Linnartz will receive a base salary of $1.3 million per year and a one-time sign-on cash bonus of $375,000.
☆ Under Armour names Marriot's Linnartz as CEO
  + stars: | 2022-12-21 | by ( ) www.reuters.com   time to read: +1 min
Dec 21 (Reuters) - Under Armour Inc (UAA.N) on Wednesday named Stephanie Linnartz as its chief executive officer, months after Patrik Frisk stepped down from the role, sending shares of the apparel company marginally down in extended trading. Joining Under Armour on Feb. 27, Linnartz will take the helm at a time when the company is grappling with weakening demand for sporting goods as decades-high inflation makes consumers cut corners. Former CEO Frisk, who joined Under Armour in 2017 and was named as CEO in 2020, had helped the company "dramatically improve" the health of its businesses during his time by focusing on building inventory. The company said Linnartz will receive a base salary of $1.3 million per year and a one-time sign-on cash bonus of $375,000. Meanwhile, Under Armour interim CEO Colin Browne will resume his responsibilities as chief operating officer.
☆ Under Armour picks Marriott exec Stephanie Linnartz to be new CEO after seven-month search
  + stars: | 2022-12-21 | by ( Jessica Golden Gabrielle Fonrouge | Jessica Golden | Gabrielle Fonrouge | ) www.cnbc.com   time to read: +1 min
Under Armour said Wednesday that it has hired Marriott International President Stephanie Linnartz to be its next CEO, capping off a seven-month hunt for a new boss that the company hopes will grow its digital business. Linnartz, who has been with Marriott since 1997, was one of 60 candidates considered for the role. "She's really a learner," Plank said. Linnartz, who started as a financial analyst at Marriott in 1997, will start her new job on Feb. 27. The company is banking on Linnartz's experience leading Marriott's multibillion-dollar digital transformation to accelerate Under Armour's online initiatives.
☆ Struggling Under Armour turns to new CEO from Marriott as it strives to boost digital sales and compete with Nike
  + stars: | 2022-12-21 | by ( Matthew Kish | ) www.businessinsider.com   time to read: +2 min
Under Armour on Wednesday named Stephanie Linnartz CEO. Linnartz, who most recently served as the president of Marriott International, also will be charged with rebuilding the company's relationships with consumers. New Under Armour CEO Stephanie Linnartz Courtesy Under ArmourIn a news release, Under Armour Executive Chair Kevin Plank credited Linnartz with leading Marriott's "multi-billion dollar digital transformation, driving scale through continuous brand innovation across the portfolio." At Marriott, Linnartz oversaw the company's Marriott Bonvoy membership program. Before serving as president of Marriott, Linnartz served as Marriott Group's president of consumer operations, technology and emerging businesses.
☆ Under Armour interim CEO says he feels upbeat about navigating 'bumpy' consumer landscape
  + stars: | 2022-11-03 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUnder Armour interim CEO says he feels upbeat about navigating 'bumpy' consumer landscapeUnder Armour’s Chairman Kevin Plank and interim CEO Colin Browne, join 'Closing Bell' to discuss consumer demand, company outlook and headwinds, amid surging stocks.
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