Athletic firm Under Armour under fire for strip club expenses

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There's been a policy change at athletic wear firm Under Armour: Employees can no longer use their corporate credit cards to pay for strip club visits.

 

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Let me guess. Company is run by men. They JUST realized this is bad policy?

Awww!! What is the world coming to?

i'm boycotting them because of their Trump support

Well, duh

Lol

Stockholders are relieved and thinking serious audit of expense accounts and event costs.

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Under Armour employees no longer allowed to expense strip club visitsThe Wall Street Journal reported that executives and employees used to take colleagues and athletes to strip clubs. People familiar with the matter told the Journal that the company often footed the bill for these outings. That sucks You mean to tell me they were in the past?!?! God help us.. I guess they finally figured out we no longer have a 'boys will be boys' society, rather we now expect men to be me. Someone ought to tell the President.
Source: CNBC - 🏆 12. / 72 Read more »

'No one would ever tolerate that,' Under Armour CEO says about employees expensing strip club visitsUnder Armour CEO Kevin Plank says he wants to build a 'diverse' and 'inclusive' company, following a report that earlier this year exposed the company had been letting its employees charge visits to strip clubs on their corporate cards. They shouldn’t but it happens all the time until you are caught.👿👹👺💩🤡
Source: CNBC - 🏆 12. / 72 Read more »

Under Armour: No more strip-club charges on company credit cardsUnder Armour Inc. employees received an email earlier this year that upended a longstanding company practice: They could no longer charge visits to strip clubs on their corporate cards. UnderArmour What kind of men use company credit card to pay strippers Blasphemy
Source: MarketWatch - 🏆 3. / 97 Read more »

Under Armour shares fall as investor day kicks offAnalysts and investors are somewhat skeptical of Under Armour's ability to continue to grow sales, especially in the U.S., where the market is very competitive and has been plagued by wholesale retailers like Sports Authority going bankrupt. buy the rumor, sell the news?
Source: CNBC - 🏆 12. / 72 Read more »