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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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Stadium Goods Continues to Push The Concept of “Sneaker Reselling” | Sneaker Investments

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Stadium Goods, a sneaker and streetwear retailer, will operate a shop within Nordstrom’s men’s store in New York, which opens in April. Source: Stadium Goods to Open Concept Space Inside Nordstrom A few weeks ago I shared information on SG’s investment by Louis Vuitton. The luxury goods company saw Stadium Goods’ e-commerce growth compelling enough…

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Jordan Brand Delivers Chris Paul’s Insight for the Reborn CP3 XI (The Eleven) | I Give You The Reason

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The veteran guard shares how he’s refined his signature shoe to deliver on enabling what his game is all about: aggressive quickness, agile stop-and-go cuts and intelligent drives. The CP3.XI will be will be available in April on jordan.com and at select retail stores. Source: Chris Paul’s 5 Essentials For the Perfect Basketball Shoe Over…

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