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Under Armour Becomes Latest Retailer to Boost Hourly Wage to $15

  • More than 8,000 workers will get a pay raise, company says
  • Sportswear maker has been working to expand online operations
Under Armour Slides After Sales Forecast Trails Estimates

Photographer: Luke Sharrett/Bloomberg

Under Armour Inc. is boosting hourly wages to better attract and keep the employees it needs to expand its online business.

The sportswear retailer said it’s raising the minimum wage for all U.S. employees to $15 an hour starting June 6 -- an increase of as much as 50% for some staff. Canadian workers will also get a bump. In total, more than 8,000 people, including almost 90% of its retail and distribution-house employees, will receive a raise, the company said in a statement.