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So Adidas Is Killing Nike? Abramovich’s Chelsea Paid $81.5 Million to Terminate Adidas Deal

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Russian billionaire Roman Abramovich’s London soccer team Chelsea paid 67 million pounds ($81.5 million) to end a long-term apparel deal with sporting-goods provider Adidas AG so it could switch to a more lucrative agreement with the German company’s U.S. rival Nike Inc., club accounts published Friday show. Photographer: Darren Walsh/Chelsea FC via Getty Images Source: Abramovich’s…

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Under Armour, Inc. To Report Fourth Quarter 2016 Earnings and Webcast Conference Call

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Source: Under Armour, Inc. To Report Fourth Quarter 2016 Earnings and Webcast Conference Call With all of the news around the Curry 3, this 4th Quarter report will be vital in improving the confidence of shareholders and potential shareholders. While the call will take place on the 31st, it’s definitely something sneakerheads and business people will…

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Stadium Goods raises $4.6m with Mark Cuban – That’s Two NBA Owners Invested in Sneakerhead Resale

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Stadium Goods has raised over $4.6m in new equity funding, which will further its expansion into the mainstream footwear market, valued at over $80bn. Source: Stadium Goods raises $4.6m in equity funding to further growth ambitions This is one of those stories that inspires sneaker resellers around the globe. First it was Campless turning into…

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Why Signature Shoes Matter to Brands

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The Paul George and Kyrie Irving Signature series from Nike are low end items with high end value. The same with the Adidas Lillard Signature line. These models cost 100-120 dollars. Which is still an expensive shoe, but when you consider the production, design, marketing, and endorser, the 120 dollar price point makes these signatures…

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The Resale Market For Sneakers Is Red Hot | Marketplace Morning Edition

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  Source: http://www.marketplace.org/2017/01/10/business/resale-market-sneakers-red-hot by story and photo by Sally Herships@sherships I don’t often get interviewed for much, but this was a very cool experience to be interviewed by Sally Herships who is a journalist at NPR (APR) Marketplace. The original interview with me was about 20 minutes long and touched on a variety of topics. I…

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