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JOINT VENTURE
PROPOSAL WITH
UNDER ARMOUR



 Samantha Taylor
INTRODUCTION
    Taylor threads is considering a joint venture with Under Armour
•   We will discuss the background of Under Armour & Taylor Threads
•   We will discuss the possibility to become Under Armour’s exclusive printing company
•   We will consider taking on Under Armour as our exclusive supplier
TAYLOR THREADS
•   Stared in 2006
•   Later opened two more stores in 2008 & 2010
•   We are currently looking for new locations to open new stores
•   Over 30 employees
•   Our target market is sports teams




                                                                    Taylor Threads
COMPANY DESCRIPTION
• Headquartered in Baltimore, Maryland
• Athletic apparel retailer and manufacture
• Products
         Men’s wear, Women’s wear, Youth wear, Footwear, and Accessories
• Materials
         HearGear, ColdGear, AllSeasonGear
• 2,500+ retail outlets
• 5,550+ global employees




                          Under Armour
COMPANY HISTORY
• Kevin Plank created Under Armour in 1995
• The goal was to create apparel to wick away sweat and keep the body cool and dry
• Under Armour never patent their products
• First team sale was to Georgia Tech
• 1999 Warner Brothers contracted Under Armour for movies




                          Under Armour
MISSION STATEMENT
        Brand Mission
  “TO MAKE ALL ATHLETES BETTER”




           Vision
“TO EMPOWER ATHLETES EVERYWHERE”
UNDER ARMOUR'S TEAM
                      •   Kevin Plank- Founder
                               President, CEO, and
                      Chairman           of the Board
 “BUILDING A          •   Bryon K. Adams Jr.
 GREAT TEAM IS                  Chief Performance Officer,
 WHAT MAKES US                  Member of the Board of
                                Directors
 BETTER BRAND.
                      •   Brad Dickerson
 THE TEAM IS
                                Chief Financial Officer
 EVERYTHING.”
                      •   Kip J. Fulks
                                Chief Operating Officer
                      •   Karl-Heinz Marurath
                                President, International
UNDER ARMOUR'S TIME LINE




      Men’s         Women’s                      UA Gives
                                  Footwear
      Wear           Wear                         Back
• Started in   • Started in   • Started in   • Started in
  1995           2003           2006           2006
UA GIVES BACK
•   Power in Pink
     • Celebrates women who exercise in the fight against breast cancer
     • National advertising featuring survivors
     • The profits from the line go to a non-profit breast cancer charities and medical
       centers
•   Freedom
     • Supports our military and public safety heroes
     • Partnership with Wounded Warrior Project
     • The mission is to honor and empower wounded heroes




                           Under Armour
UA GIVES BACK
•   Green
     • The line comes from raw materials used in production
     • Up to four water bottles in each piece of apparel
     • Partners with Sandtown Habitat for Humanity, Big Belly Solar, and Parks &
       People
•   Youth Movement
     • WIN Baltimore is the platform for the youth movement
     • Designed for a positive social change of the boys and girls who are the future
       leaders
     • Partnership with Big Brothers Big Sisters of Central Maryland, Maryland
       Mentoring Partnership, Cal Ripken St. Foundation
SWOT ANALYSIS
Strengths
•   Name Brand Awareness
•   Competitive Organization
•   Strong in research and development
Opportunities
•   A way to increase profit
•   A larger customer base through expansion
•   The company has room to grow
SWOT ANALYSIS
Weaknesses
• Price sensitive
• Location
Threats
• The market in sports appeal is very competitive
• Due to price sensitive, people will try to find better deals
• Stronger brand names in competitors
• Economic problems
CONCLUSION
•   Taylor Threads would not like to become Under Armour's exclusive printing company
•   Taylor Threads found many risks involved in a joint venture with Under Armour
     • Risk of being bought out
     • Risk of disagreement between both companies
•   We would like to make Under Armour our exclusive supplier
REFERENCES
•   "Community Involvement & Giving Back - Under Armour Careers." Community
    Involvement & Giving Back - Under Armour Careers. N.p., n.d. Web. 18 Jan. 2013.
    http://www.underarmour.jobs/community-involvement.asp.
•   "UABiz.com - Under Armour, Inc. - Executive Team." UABiz.com - Under Armour, Inc. -
    Executive Team. N.p., n.d. Web. 18 Jan. 2013.
    <http://www.uabiz.com/company/managementTeam.cfm>.
•   "Under Armour Performance Sports Company History." Under Armour Performance Sports
    Company History. N.p., n.d. Web. 07 Jan. 2013. http://www.underarmour.jobs/our-
    history.asp.
•   "UABiz.com - Under Armour, Inc. - Brand Mission." UABiz.com - Under Armour, Inc. -
    Brand Mission. N.p., n.d. Web. 09 Jan. 2013.
    <http://investor.underarmour.com/company/mission.cfm>

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UnderArmour

  • 1. JOINT VENTURE PROPOSAL WITH UNDER ARMOUR Samantha Taylor
  • 2. INTRODUCTION Taylor threads is considering a joint venture with Under Armour • We will discuss the background of Under Armour & Taylor Threads • We will discuss the possibility to become Under Armour’s exclusive printing company • We will consider taking on Under Armour as our exclusive supplier
  • 3. TAYLOR THREADS • Stared in 2006 • Later opened two more stores in 2008 & 2010 • We are currently looking for new locations to open new stores • Over 30 employees • Our target market is sports teams Taylor Threads
  • 4. COMPANY DESCRIPTION • Headquartered in Baltimore, Maryland • Athletic apparel retailer and manufacture • Products Men’s wear, Women’s wear, Youth wear, Footwear, and Accessories • Materials HearGear, ColdGear, AllSeasonGear • 2,500+ retail outlets • 5,550+ global employees Under Armour
  • 5. COMPANY HISTORY • Kevin Plank created Under Armour in 1995 • The goal was to create apparel to wick away sweat and keep the body cool and dry • Under Armour never patent their products • First team sale was to Georgia Tech • 1999 Warner Brothers contracted Under Armour for movies Under Armour
  • 6. MISSION STATEMENT Brand Mission “TO MAKE ALL ATHLETES BETTER” Vision “TO EMPOWER ATHLETES EVERYWHERE”
  • 7. UNDER ARMOUR'S TEAM • Kevin Plank- Founder President, CEO, and Chairman of the Board “BUILDING A • Bryon K. Adams Jr. GREAT TEAM IS Chief Performance Officer, WHAT MAKES US Member of the Board of Directors BETTER BRAND. • Brad Dickerson THE TEAM IS Chief Financial Officer EVERYTHING.” • Kip J. Fulks Chief Operating Officer • Karl-Heinz Marurath President, International
  • 8. UNDER ARMOUR'S TIME LINE Men’s Women’s UA Gives Footwear Wear Wear Back • Started in • Started in • Started in • Started in 1995 2003 2006 2006
  • 9. UA GIVES BACK • Power in Pink • Celebrates women who exercise in the fight against breast cancer • National advertising featuring survivors • The profits from the line go to a non-profit breast cancer charities and medical centers • Freedom • Supports our military and public safety heroes • Partnership with Wounded Warrior Project • The mission is to honor and empower wounded heroes Under Armour
  • 10. UA GIVES BACK • Green • The line comes from raw materials used in production • Up to four water bottles in each piece of apparel • Partners with Sandtown Habitat for Humanity, Big Belly Solar, and Parks & People • Youth Movement • WIN Baltimore is the platform for the youth movement • Designed for a positive social change of the boys and girls who are the future leaders • Partnership with Big Brothers Big Sisters of Central Maryland, Maryland Mentoring Partnership, Cal Ripken St. Foundation
  • 11. SWOT ANALYSIS Strengths • Name Brand Awareness • Competitive Organization • Strong in research and development Opportunities • A way to increase profit • A larger customer base through expansion • The company has room to grow
  • 12. SWOT ANALYSIS Weaknesses • Price sensitive • Location Threats • The market in sports appeal is very competitive • Due to price sensitive, people will try to find better deals • Stronger brand names in competitors • Economic problems
  • 13. CONCLUSION • Taylor Threads would not like to become Under Armour's exclusive printing company • Taylor Threads found many risks involved in a joint venture with Under Armour • Risk of being bought out • Risk of disagreement between both companies • We would like to make Under Armour our exclusive supplier
  • 14. REFERENCES • "Community Involvement & Giving Back - Under Armour Careers." Community Involvement & Giving Back - Under Armour Careers. N.p., n.d. Web. 18 Jan. 2013. http://www.underarmour.jobs/community-involvement.asp. • "UABiz.com - Under Armour, Inc. - Executive Team." UABiz.com - Under Armour, Inc. - Executive Team. N.p., n.d. Web. 18 Jan. 2013. <http://www.uabiz.com/company/managementTeam.cfm>. • "Under Armour Performance Sports Company History." Under Armour Performance Sports Company History. N.p., n.d. Web. 07 Jan. 2013. http://www.underarmour.jobs/our- history.asp. • "UABiz.com - Under Armour, Inc. - Brand Mission." UABiz.com - Under Armour, Inc. - Brand Mission. N.p., n.d. Web. 09 Jan. 2013. <http://investor.underarmour.com/company/mission.cfm>