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economy
Tuesday, November 06, 2018
The sporting goods manufacturer, Under Armor Plank CEO, would maintain unfair commercial practices. Striptease club visits with athletes and contractors are not uncommon – the costs are borne by his company.
According to a newspaper article, US sportswear manufacturer Under Armor is opposed to its employees continuing to visit strip clubs at the expense of the company. This practice was common for a long time, and it was only in that year that the company informed its employees that they would no longer be tolerated, said the Wall Street Journal, citing private circles within the company.
According to the report, employees, including executives such as general manager Kevin Plank, often went to strip clubs after corporate events with athletes and colleagues – in many cases The company bore the costs. The behavior was symptomatic of the conditions that women found humiliating in Under Armor. For example, managers should have invited their younger colleagues – based on their "attraction for men" – to exclusive parties in a field of Planks.
Under Armor did not deny the incidents in a statement to the newspaper. "We can and we will do better," said founder and CEO Plank. Employees have acquired a respectful work environment. He believes that "systemic inequality" is a global problem, he continues, with important cultural changes already underway at Under Armor. Even the big rival Nike had caused a sensation this year by reporting allegations of badism and discrimination.
Plank founded the company in 1996 and is since then general manager of the sporting goods manufacturer, which employs 14,000 people worldwide. Under Armor has quickly developed and generates an annual business turnover of about five billion dollars. Following the release of the report, the company's shares fell by more than three percent.
Source: n-tv.de
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