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Under Armour makes exec promotions; adds Ralph Lauren and Express execs to team
Baltimore -- Under Armour announced that COO Kip Fulks has added president of product to his current responsibilities, while Henry Stafford is now serving as president of North America.
In the new positions, Fulks will further leverage his leadership experience in product, innovation, supply chain and IT, and Stafford will oversee North America wholesale, retail marketing, global retail and global E-Commerce.
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Report: Seven-in-10 Americans holding back on spending
New York - Almost three-in-four Americans are holding back on spending, according to a new Bankrate.com report, with stagnant income the most frequent reason (32%), followed by the need to save more (24%) and worries about the economy (20%). Just 27% of Americans say they are not holding back spending at all.
Additional findings: