Under Armour to Open 200 New Stores in 2016

With one of its biggest partners shrinking the number of stores it operates, Under Armour is making an aggressive bid this year to control its own future. The Baltimore-based athletic wear brand will open a whopping 200 stores in 2016, said Under Armour Founder and CEO Kevin Plank in a keynote speech at the annual National Retail Federation conference last week. Plank didn't disclose what mix of formats those new 200 stores would comprise, and a spokeswoman for the company didn't return a request for comment.