Opening of Under Armour's Fifth Avenue New York store delayed until 2021

Under Armour Inc. still plans to open a flagship store on Fifth Avenue in New York but has significantly pushed back the timeline.

CFO David Bergman said at the sportswear maker’s investor day on Wednesday that Under Armour plans to take possession of the 53,000-square-foot space on the first floor of the General Motors building in the first half of 2020. He said Under Armour expects to open its store in the first half of 2021.

The “pinnacle brand expression store,” as Bergman described it, will…