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FORUS acquires UA Colombia and becomes exclusive distributor of Under Armour brand in Colombia

07/01/2021

In July, Forus became the exclusive distributor of the Under Armour brand in Colombia, after acquiring UA Colombia for US$ 2.2 million. At the time of the acquisition, UA Colombia operated a traditional wholesale sales channel, five (franchised) Under Armour stores and sales through third-party marketplaces. Forus launched the e-commerce website www.underarmour.com.co in August.

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