Under Armour announced on Thursday plans to separate its Curry Brand, coinciding with the sportswear maker's approval of another $95 million in restructuring efforts.

The Baltimore , Maryland-based company estimates its global basketball revenue, including Curry Brand, to be $100 million to $120 million in fiscal 2026.

Moreover, Under Armour said it does not expect a significant effect on its consolidated financial results or profitability due to the separation of the Curry Brand.

Launching in 2020, the Curry Brand was created as an extension of Curry's longtime partnership with the U.S. sportswear giant.

"It's been an incredible privilege to work with Stephen, who as president of Curry Brand has been much more than an ambassador – he's become a thoughtful and strategic business lea

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