Under Armour Incorporation is a publicly owned company that does trade with its subsidiaries known as the sporting retailer Under Armour. According to NASDAQ, Vanguard Group Incorporation owns 15,986,964 shares of Under Armour followed by Baillie Gifford & CO with a staggering 13,941,697 shares (NASDAQ, 2016). Under Armour is currently headquartered in Baltimore, Maryland. Under Armour currently has 144 stores in the United States and planning to open 200 more in the future (The Street, 2016). With the current retail stores that they have,
