The line between luxury and sport continue to be blurred. Athletic footwear and apparel wunderkind Under Armour announced Thursday that Karen Katz, president and CEO of Neiman Marcus Group LLC, has joined the company’s board of directors.
Katz brings her expertise running the international multi-brand omnichannel company, whose portfolio includes Neiman Marcus, Bergdorf Goodman and mytheresa.com, to the flourishing athletic brand. Since joining Neiman Marcus in 1985, she has served in executive and leadership roles in the company’s merchant, stores and e-commerce organizations, including as executive vice president of stores, president of Neiman Marcus online, and president and CEO of Neiman Marcus stores.
Under Armour chairman and CEO Kevin Plank said, “Karen brings a wealth of retail knowledge and a keen understanding of the customer shopping experience across channels. With her experience leading an iconic retailer known internationally for luxury brands and superior service, Karen will be a great asset to our Board as we continue to expand UA’s presence across the globe.”
Katz said, “I have admired Kevin Plank and Under Armour from afar.” She added, “He has assembled an impressive team. I am honored to join the Under Armour Board, and look forward to seeing how a founder and CEO operates a dynamic and fast-growing company known for innovation and its competitive edge.”