“We just launched Under Armour Rewards, so I'm back at the beginning of this journey, and of course it's going to be about points for merchandise, but to get people to sign up, we said, oh, we'll have a sweepstake, and some winners can come spend half a day with Steph Curry in Baltimore. You'll get early drops to the, you know, newest Curry basketball shoe, or the newest Under Armour XYZ. It will be about Things we can do with our, you know, thousands of teams and hundreds of athletes, and so there's a lot, again, I can pull forward from my experience at Marriott about how you make a loyalty program sticky and emotional, and that's what we're going to do with UA Rewards. I see it as being the cornerstone of our consumer engagement strategy here.”
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More from Stephanie Linnartz
Disclosure
Linnartz: Under Armour will lean into casual lifestyle footwear
“You're gonna see Under Armour leaning more into shoes that you can wear with a pair of jeans when you go out, you know, after you practice.”
Stephanie LinnartzOct 13, 2023▶ 6:29Under Armour’s pivot to growth (with Stephanie Linnartz) | Masters of Scale
Insight
Sneakers, handbags, and watches drive aftermarket hype rather than apparel drops
“You very rarely see a line around the block for the latest drop of a hoodie or a piece of apparel. When you think about what's sold on the aftermarket, it's really sneakers, handbags, and watches.”
Stephanie LinnartzOct 13, 2023▶ 6:40Under Armour’s pivot to growth (with Stephanie Linnartz) | Masters of Scale
Insight
Effective marketing requires balancing major celebrities with mid-tier creator networks
“I think you have to have a multi-tiered approach, you know, with the big names, and at the very same time, a network approach that is people who maybe aren't as, like, famous, but who can help you build your business.”
Stephanie LinnartzOct 13, 2023▶ 10:07Under Armour’s pivot to growth (with Stephanie Linnartz) | Masters of Scale
PredictionNot checkable as stated
Under Armour claims its new Baltimore headquarters will be America's most sustainable
“We're building a spectacular new headquarters here that is going to be the most sustainable corporate headquarters in America.”
Stephanie LinnartzOct 13, 2023▶ 15:44Under Armour’s pivot to growth (with Stephanie Linnartz) | Masters of Scale
AssertionSupported
Under Armour made Steph Curry brand president and a major equity shareholder
“We re-signed our deal with him earlier this year, a long-term deal. He's actually the president of the Curry brand, and he's a very big shareholder as part of this deal.”
Stephanie LinnartzOct 13, 2023▶ 3:24Under Armour’s pivot to growth (with Stephanie Linnartz) | Masters of Scale
Disclosure
Linnartz sees untapped growth in footwear, women's apparel, and sports style
“At the same time, there's a big untapped opportunity as we lean more into sports style and grow into new spaces It's growing more into footwear, more into women.”
Stephanie LinnartzOct 13, 2023▶ 5:55Under Armour’s pivot to growth (with Stephanie Linnartz) | Masters of Scale
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