Who Is Under Armour Owned By?

As someone working in the sportswear industry at FuKi Gymwear, I often hear people ask:
“Who is Under Armour owned by?”

The short answer: Under Armour is an independent, publicly traded company. It is not owned by Nike, adidas, or Dwayne Johnson. It was founded in the U.S. and remains American-led.


Table of Contents


Who Owns Under Armour Today?

  • Under Armour, Inc. trades on the New York Stock Exchange (UA, UAA).
  • Founded in 1996 by Kevin Plank in Baltimore, Maryland.
  • Still headquartered in Baltimore.
  • Kevin Plank remains involved as Executive Chairman.

👉 Source: Under Armour Official.


History of Under Armour Ownership

  • 1996 → Started in Plank’s grandmother’s basement with performance T-shirts.
  • 2005 → Went public, giving investors ownership through shares.
  • 2016–2020 → Faced financial challenges but remained independent.
  • 2023 → Led by CEO Stephanie Linnartz, with Plank as Chairman.

Women’s Activewear Outfits


Why the Confusion Exists

  1. Celebrity partnerships – Dwayne Johnson’s Project Rock line makes some assume he owns Under Armour.
  2. Competition with Nike & adidas – People often think UA was acquired.
  3. Branding strength – Project Rock’s “Brahma Bull” logo sometimes overshadows the UA logo.

👉 Related read: Is Dwayne Johnson Owner of Under Armour?


FuKi Gymwear – Helping You Build Brand Identity

At FuKi Gymwear, we know that ownership isn’t everything—identity matters most. Just like Under Armour built trust through innovation, you can build your own activewear label with the right partner.

What we provide:

  • Low MOQ starting at 100 pcs per style.
  • Eco-friendly fabrics like organic cotton & recycled polyester.
  • Private-label customization: logos, trims, packaging.

Women’s Strappy Sports Bra


Comparison: Under Armour vs Other Brands

BrandOwnership StatusFoundedKnown For
Under ArmourPublic company (independent)1996, USAPerformance apparel, Project Rock
NikePublic company (independent)1964, USAInnovation, lifestyle sneakers
adidasPublic company (independent)1949, GermanyFootball, collabs, streetwear

FAQs

Q1: Who owns Under Armour?
👉 Public shareholders, with Kevin Plank as founder and chairman.

Q2: Does Dwayne Johnson own it?
No—he collaborates through Project Rock.

Q3: Is Under Armour owned by Nike or adidas?
No—UA remains an American independent brand.

Q4: Can smaller brands compete?
Yes—by building unique identity and customization with partners like FuKi Gymwear.


Conclusion

So, who is Under Armour owned by?
✅ It’s owned by public investors and still led by its founder, Kevin Plank.

The bigger lesson: ownership matters less than building brand trust and recognition.

At FuKi Gymwear, we help brands grow with custom, sustainable, and private-label activewear solutions.

👉 Start your brand journey here: Contact FuKi Gymwear.

owen

Hi there! My name is Owen, I’m the father and hero of two wonderful children, with over 20 years of experience in apparel, from the factory floor to running my own successful apparel manufacturing business. I’m here to share with you what I’ve learned – let’s grow together!

Stay Ahead in Custom Gym Wear Trends!

Free samples are only offered to verified brands and established businesses. Please include your brand name and website for review.