that was kevin plank on friday.ver the weekend, the team dropped the uniform and opted for another suit from under armour used during the world cup. still, no medals. everything when you are not performing, from the training to the gear to the skates to the pillows you slept on the night before. it is all very fair, this is our business. i think we believe we have an incredible product that will help our athletes succeed and win. >> under armour knows the drill and it knows it has a good product. this is the second winter olympics under armour has outfitted the bobsled team, has not won a medal since 1952, that streak was broken yesterday. the u.s. took bronze. it was not the suit. just ask canadian snowboarders, they wear under armour and have won silver and bronze. when kevin plank hears complaints, he takes them seriously but keeps his eye on a big picture. a deepyone should take breath and see how everything turns out. we have a big push in global, we are going to grow, i don't see a real parallel between what i

under armour ceo and founder kevin plank.is being blamed by some for american speed skater's poor showing in sochi. is this a big problem? kevin plank joins us in just a view. you are watching "market makers" on bloomberg tv. if you're a question, tweeted to me -- if you have a question, tweeted it to me. ♪ >> live from bloomberg headquarters in new york, this is "market makers" with erik schatzker and stephanie ruhle. up short inis come sochi. some critics blame their high-tech uniforms. we have an exclusive interview with kevin frank of under armour. friday for joseph a banks, the retailer is barring outdoor clothing band -- brand eddie bauer. why going online to find a match may be the best bet of all. this valentine's day, we will talk about romance on the web with the man behind jdate, chr istian mingle, and silver singles. huge hour ahead. erik schatzker is off this week. he must be regretting that right now. but matt miller is going to help us out. when he heard "silver singles" he got on this set. >> i piped up immedi

kevin plank, under armour's ceo will join us in the next hour. stick around for that.right back. because when it comes to feeling safe behind the wheel, going the distance and saving at the pump you want it all. get our multi-point inspection with a a synthetic blend oil change, tire rotation, brake inspection and more for $29.95 or less. get a complete vehicle checkup. only at your ford dealer. tdd#: 1-888-648-602121 tjust waiting to be found. ties tdd#: 1-888-648-6021 at schwab, we're here to help tdd#: 1-888-648-6021 bring what inspires you tdd#: 1-888-648-6021 out there... in here. tdd#: 1-888-648-6021 out there, tdd#: 1-888-648-6021 there are stocks on the move. tdd#: 1-888-648-6021 in here, streetsmart edge has tdd#: 1-888-648-6021 chart pattern recognition tdd#: 1-888-648-6021 which shows you which ones are bullish or bearish. tdd#: 1-888-648-6021 now, earn 300 commission-free online trades. tdd#: 1-888-648-6021 call 1-888-648-6021 tdd#: 1-888-648-6021 or go to schwab.com/trading to learn how. tdd#: 1-888-648-6021 our trading specialists can tdd#: 1-888-648-6021

i sat down with kevin plank earlier today. >> we doubled down literally our deal because what i didn't a negotiation so we said our current deal, we're going to put so much money, this is going to be a no brainer for you. >> he likened to what's going on to his brand as a witch hunt so i also asked him if he thinks there's going to be any lasting damage to under armour. >> not at all. you know, this -- as a brand, as a company, you know, you're never, i think, weak enough to put everything on one thing. this is a piece of it. this is important. the olympics are a global state. we've had a lot of success. and so, you know, this is a -- this is one part of the story but this is certainly not the story. >> doc, it's been a rough week to say the least for kevin plank. >> we should all have rough weeks like this. stock is up 6 bucks today. >> he defended it. >> you bet. >> and they go into this new deal eight years, doubling down, as he said. >> yep. >> clearly trying to send a message. and get the negative story off the front page. >> and he's sending the same message that that coach sent

i'm talking about kevin plank, the ceo of under armour. the company's stock skyrocketed after an earnings report that knocked the socks off of investors. total revenues for the company for $2.3 billion. smierlings an inspiration, and perspiration. >> it begins at the beginning such a personal story for me. i was a football player at the university of maryland who didn't like the way my cotton tee shirt felt beneath my uniform. with no more than a good idea i walked out to a fabric store and bought some material, that fit the idea i had. took it to a local tailor, said, serve me as many tee shirts as upon out of this fabric. i was graduating that year, spring of '96 and the guys tried them and said these things are terrific and i realized that this wasn't just a good product idea, there was a whole category available, nobody had ever dressed what athletes wore other than their shoes or their jerseys but what was happening underneath was a new concept. >> you had entrepreneurial story behind you. i remember you selling flowers? >> you can't

ceo kevin plank telling cnbc under armor became the scapegoat to the disappointing of the american teamsaying there is nothing wrong with its suit. >>> coming up. they may have had paved over a prehistoric site and now want to you want putt up a parking site, sort. do you wonder what your dog thinks of you, they might be able to understand. >>> welcome back to al jazerra america. i am del walters, these are your headlines at this hour. both the president and opposition now sign the deal negotiated by the european union. it comes in the wake of the bloody battles in ukraine on the streets. at least 77 people there are now dead. >>> venezuela's president is taking special stems to row tore order after grogan at this government december station there. president nicholas maduro sending added security to caracas and border towns. following a week of demonstrations protesting rising crime and unemployment. the national weather service believes four tornadoes hit illinois on thursday, all of them touching down in central parts of the state. one of them hitting 50 miles from the state capital o

that was kevin plank on friday.ver the weekend, the usb skating team dropped the uniform and opted for another under armour suit. this was used during the world cup circuit but still no medals. trainingins with the to the gear to the skates to the pillows that you slept on. it is all very fair and this is our business and hopefully we believe we got an incredible product that could help our athletes succeed. >> under armour knows the drill and it also knows it has a good product.e this is the second u.s. olympics that under armour has outfitted the bobsled team. the streak was broken of how many times they didn't get a medal. it wasn't the suit. the canadian snowboarders were under armour and have won both silver and bronze. when he hears complaints, he takes them seriously but he keeps his eye on the big picture. toi think everyone needs take a deep breath and see how everything turns out. we have a big push in global and we will grow. i don't see a real parallel between what is happening right now. there is a lot

ceo kevin plank is coming out swinging saying that his company was the victim of a witch hunt. >> therere no hard feelings, however. why? well, under armour has signed on to suit up team usa for the next eight years. >> i'm curious what the athletes have to say. >> i don't think they are going to have the events in the back. that's my prediction. >>> also ahead at this hour, arizona lawmakers pass a bill that critics say violates human rights. they say it could allow stores to ban gays. but they question, is this religious freedom or discrimination? with at&t's new pricing for families you get 4 lines on at&t's network... including unlimited talk... unlimited text... and 10 gigs of data to share. 10 gigs? 10 gigs. all for $160 dollars a month. you know, i think our family really needed this. it's really gonna bring us closer together. yep. yep. yep. yep. yep. [ family ] yep. [ male announcer ] introducing our best-ever family pricing. for a family of 4, that's 10 gigs of data with unlimited talk and text for 160 dollars a month. only from at&t. you want everything.orksnd text for 160 do

and this morning kevin plank from under armour said he is doubling down on them, and he said, we won't our head s in the sand, and we want people to know that when we get knocked down, we are going to get up bigger and better and stronger, and that i have signed a eight-year deal with the u.s. speed skating commission for uniforms despite the controversy, and we will see what happens in the next few years whether they can dodge this bullet and controversy over the suits. >> thank you, bertha coombs. so good to see you. >>> some athletes may end the sporting careers after competing in the olympics burk many go on to be successful elsewhere. the washington post has a list of olympians who went on to be successful in politics. senator bill bradley played basketball. and former kansas congressman competed in track in the 1964, and 1968 and 1973 games while winning a silver? mexico city. and michelle kwan is now an adviser in the state department and her husband is running for governor of rhode island. and on the flipside, mitt romney was the planner of the salt lake olympic committee. befo

that's the story that kevin plank wishes today that he was talking about.l question is how long this controversy is going to swirl around his company. >> and i liked your question, too, scott, about international sales, i mean, this was a coming-out party. they're trying to get those sales to, what, 12% in the next couple of years? >> the great part of revenues for under armour, carl, come from the united states. the olympics in sochi expected to be the big jumping-off platform if you will for the wave of international expansion. have to wonder how all of that now is impacted by an olympics in an international market. a speed skating controversy for an international sport and how it all develops from here? so, scott, when he says to you, look, we doubled down, is he basically admitting that they're throwing cash and resources at the problem to neutralize it? that's effectively what he's doing, isn't it? >> i think they wanted to get the story off the front page, simon, as soon as possible. there are no terms of the deal released, but i think it's fair to sa

bloomberg tv spoke with kevin plank about this controversy over the suits. let's listen in.t now. we're making modifications and adjustments, which is typical for what you do with this type of level. part of the game. we are making suit right now with our team underground. we are going to put our guys in the best position to bring home gold. >> will this have any brand image impact on them going forward? no, not because they did not do well. is a fabulous american story. he started off in his grandmother's kitchen. he is billed as company -- built this company up in baltimore. to see a brand development to go up against nike and adidas -- >> it started in the 90's. >> really incredible. the u.s. men's team -- can they be canada? i happened to be home yesterday at 1:00. game was's hockey insane. if you had the canada team twice and then they win in overtime. unbelievable. you saw usa just weeping. they were so distraught. >> jeffrey hayzlett wants to weigh in. >> i was watching on my twitter feed. i was for usa because i was afraid the canadians were going to get mad. they us

some people wearables, when you talk to kevin plank, the ceo of under armour, the guy knows wearables. the world's sweatiest man making shirts so he doesn't sweat, imperative there. >> yes. >> i think that's a big market. one of the things i like about apple, they've been talking more, they're buying more software. people want devices. the biggest problem i have with apple, i've been doing this book signing, why not work my book in, we've been doing a lot of other things. didn't work the restaurant in yet. that comes next week. >> that's later. >> everyone loves -- you know, this is -- i stopped counting at 20 people who said i'm worried about apple. a lot of people bought it higher. but they're all taking the picture with the iphone. you -- everyone -- it's almost like everyone who wants one has one. that's a big problem. but, you know, also let's not forget the traffic at the malls, we didn't get same-store sales from apple. they only gave us total sales. i wonder whether same store sales dropped off, again, because of mall traffic. a lot of moving parts here with apple. it's a big

ceo of under armour, kevin plank, joins me now. welcome, sir. >> hi, carol.s. >> thanks for being here. we really appreciate it. some of the speed skaters say that the mach 39 cost them the gold. >> i don't think that happened. athletes were out there training for four years and ready to compete on the biggest stage and when things don't go the way we planned, i think everybody was looking for answers. frankly, in the middle of the competition, from the time the games start to the time they end, there's only so many var yabls. the team had to make the decision to try a different suit and so, look, whether it's the mach 39 bells and whistles suit that we built in partnership with lockheed martin or the suit that we had an incredible innovative technology in before, our goal was to put the athletes in the best position to win and anything we can do to -- >> you guys didn't just design these suits in like a month. this took years of high-tech design. you put everything into this. so when you heard the criticism of the mach 39, what went through your mind? >> wel

underarm ceo kevin plank is defending his company's speedskating sudan told usa today the company willsouth korea underarm shares getting a boost on that, hitting up fresh all-time high despite the controversy over the suit being responsible for the disappointing results. sandra: the fed wordplay, a look at how close the ben bernanke and co.'s first words in the financial crisis. ashley: technology able to protect the likelihood of alzheimer's, diabetes and heart disease among other things will be talking with the company that has that market cornered. how it managed to hold on at 90% of the genome markets. sandra: the city struggles to $18 billion in debt. details on that ahead. ♪ [ male announcer ] this m has an accomplished research and analytical group at his disposal. ♪ but even more pressive is how he puts it to work fohis clients. ♪ morning. morning. thanks for meeting so early. oh, it's not a big deaat all. come on in. [ male announcer ] it's how edward jones makes sensof investing. ♪ ashley: of fox business news alert, federal reserve releasing transcripts of its meetings at t

kevin plank will be coming up tomorrow. there will be much more to talk about.at joe has to say about that one. >>> get in thor final tweets. how does facebook's acquisition will be viewed three years from now. your thoughts are coming up, right after this. could save you fifteen percent or more on car insurance.s everybody knows that. well, did you know that when a tree falls in the forest and no one's around, it does make a sound? ohhh...ugh. geico. little help here. i need>>that's my geico digital insurance id card - gots all my pertinents on it and such. works for me. turn to the camera. >>ah, actually i think my eyes might ha... next! digital insurance id cards. just a tap away on the geico app. >>> welcome back. a reminder this week, double the screen time, double the fun. catch the latest curling action right here on cnbc next. you don't want to miss a second. on the other device, stream fast money free-style. melissa lee joins us with a preview. >> hey there, we have the ceo of i-max. we'll also ask rick gelfund whether or not his technology is being sto

we had kevin plank, the ceo, on "squawk box" on friday. oversy with the olympic speed skating uniforms. >> i love kevin. you know, as a man would love another man. that's not even true either. i like kevin a lot. great executive. so kevin, i thought he gave an amazing performance and sir paul mccartney would say when you watch someone -- or listen to someone or listen to music, people remember the music, not the words. when you watch kevin perform and speak, he inspires confidence. he inspires -- he said, man, i want to invest in a company run by that guy. this one aside, that we go to visit him every year. and when we did, i guess a year ago, two years ago, you watch him on television. the guy looks like he's in unbelievable shape. he is in unbelievable shape. we were sitting there and talking with him for a day. all day long he's squeezing this grip, working on his grip. most guys work on their pecks, abs, legs, all he has left to work on is his grip. when i travel around the country and i meet people like him, i meet people like elan mus

. >> can you tell us, we love kevin plank. what really happened here on the speed skating thing?ind tunnel and all this stuff? >> yes. rigorously tested for sure. they developed it along with lockheed martin. i think some of the concern, i spent a lot of time reading about this, they didn't get the suits until almost before the olympics started maybe they should have had more time in them, et cetera, et cetera. there's all kinds of theories down here on the ground on why the speed skating team which was expected to medal in many, many events, has come up completely short. there's two kinds of speed skating, long track and short track. the long track has gone back to the old suit. the short trackers still in the new suit. no medals to be found regardless. did something happen in training? should they have been given the suits earlier? it's very controversial. >> you didn't hear complaints after the prelim heats. it wasn't until after the event were over and we didn't medal that you started hearing some of the complaints. look, there are those who are saying that it's sour grapes.