Chris Burns

Chris B. is the founder of ARCH (art + research, culture - hype) ARCH is a more informative look into sneaker culture. By presenting information about the business of sportswear through marketing analysis, updates on stock prices and introductions to new brands and styles, the site is easily distinguished from the everyday site only giving you release dates. You can follow me on Twitter @archbyccb or YouTube @archbyccb.

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New Balance Inks Longterm Deal with New York Mets to Offset Under Armour Entrance into MLB | Marketing

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Source: METS AND NEW BALANCE ANNOUNCE NEW Alignments in sport occur at every juncture. Teams have relationships with beverage and food companies, auto dealerships and furniture companies. The relationships are endless that can be hatched to generate alternative streams of revenue. The New York Mets and New Balance have announced a long-term landmark agreement making…

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The Overlooked Aspect of JD Sports’ $558 Million Acquisition of Finish Line $FINL | Business

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JD Sports Fashion Plc agreed to buy U.S. sportswear retailer Finish Line Inc., seeking to snatch away a company in which Mike Ashley’s Sports Direct International Plc has built a stake. (Photographer: Luke MacGregor/Bloomberg) Source: JD Sports in Deal to Acquire Finish Line for $558 Million As every news outlet reports on the acquisition of…

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NIKE, Inc. Revenue Grew to 9 Billion but Net Loss Was 912 Million? | Fiscal 2018 Third Quarter Results

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NIKE, Inc. (NYSE:NKE) today reported financial results for its fiscal 2018 third quarter ended February 28, 2018. Source: NIKE, Inc. Reports Fiscal 2018 Third Quarter Results The most interesting aspects of today’s report beyond what happened earlier in the day with the sell off of shares by Pershing Square: Pershing Square Cashes Out with 100…

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Pershing Square Cashes Out with 100 Million Before Nike 3rd Quarter Fiscal 2018 Earnings and Conference Call | via Wall Street Journal

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David Benoit and Sara Germano of the Wall Street Journal broke the news that Pershing Square, who has only been invested in Nike for less than 2 quarters, cashed out today to the tune of 100 million. The typical assumption when a company sells a large holding is that the business could be headed for…

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