Featured Story

Source: Nike Changes Course, Agrees To Sell Some Products Directly Through Amazon

Published in SportsBusiness Daily on 06 / 22 / 17

Nike has "agreed to sell some of its products directly" through Amazon, a "concession by the sneaker giant that it can no longer afford to ignore the online retailing behemoth," according to a source cited by Germano & Stevens of the WALL STREET JOURNAL. While Nike sells its shoes and sport...

Read More

Tags: Nike, Finance, Amazon

More Stories

11/09/99
SPORTAL SIGNS U.S. INVESTMENT FIRM FOR FUNDRAISING EFFORT

Sports Internet group Sportal, which "provides links to and owns the internet rights to a host" of int''l soccer teams, has appointed Morgan Stanley Dean Witter to raise US$48.7M, according to Harvers

Tags: Finance

11/09/99
AIM-ING HIGHER: KLOIBER STARTS SWISS-BASED TV RIGHTS FIRM

Former head of Munich-based Tele-Muenchen Group (TMG) Herbert Kloiber has formed Swiss-based AIM Int''l to sell international TV rights to sporting events. AIM Int''l "holds no sports rights yet," but

Tags: BSkyB, Finance

11/08/99
SPEEDWAY MOTORSPORTS TAKES HIT AFTER EARNINGS ADJUSTMENT

Speedway Motorsports Inc. (SMI) "shocked investors" on Friday by saying it expects to report a loss for the quarter that ended September 30, according to Clifford Glickman of the CHARLOTTE OBSERVER. S

Tags: Finance, IndyCar, NHRA, Speedway Motorsports Inc.

11/05/99
AS FOGDOG FILES FOR IPO, COULD NIKE DEAL HURT WEB RETAILER?

Fogdog filed with the SEC Thursday to sell six million shares in a projected price range of $8-10 per share in its IPO. The company said it will use the net proceeds -- an estimated $48.7M based on $9

Tags: Finance, Nike, Washington Nationals

11/05/99
MAGIC KINGDOM LOSES ITS LUSTER: DISNEY PROFITS DISAPPOINT

Walt Disney Co. posted a 37% drop in fourth-quarter profit Thursday and "cautioned that next year''s per-share profit will be similarly weak," according to Laura Randall of the HOLLYWOOD REPORTER. Dis

Tags: ABC, CBS, ESPN, Finance, Viacom, Walt Disney

11/05/99
FINANCE NOTES

Shares of Nike fell 5% Wednesday after Goldman Sachs "took the company off its U.S. recommended list and lowered it to a rating of market outperform." Goldman Sachs analyst Margaret Mager: "No doubt N

Tags: Finance, Nike, Washington Nationals

11/03/99
JFF'S YEAR STARTS AT SUPER BOWL, FINISHES IN CHAPTER 11

AL-based Just For Feet (JFF) said Tuesday that it plans to reorganize under Chapter 11 bankruptcy protection, according to Ted Pratt of the BIRMINGHAM NEWS. JFF CEO Helen Rockey said the move represen

Tags: Finance

10/29/99
THAT'S THE CALLAWAY: SALES IN ASIA BOOST COMPANY'S INCOME

Callaway Golf''s income "surged" to $17.8M in the third quarter, up 201% from $5.8M during the same quarter in ''98, due to an increase in club sales overseas, according to Mike Freeman of the SAN DIE

Tags: Callaway Golf, Finance

10/29/99
FINANCE NOTES

FOX SPORTS REPORT: DAILY VARIETY''s Jill Goldsmith reports News Corp.''s profits "dipped in the latest quarter but still beat expectations." Net income fell 16% to $165M on revenue down slightly to $3

Tags: CBS, Finance, Los Angeles Dodgers, Viacom

10/28/99
ASSANTE GETS A NEW ASSET: FINALIZES DEAL WITH STEINBERG

Canada-based Assante Corp. formally announced its acquisition of the CA-based firm Steinberg Moorad & Dunn (see THE DAILY, 5/10). As part of the deal, Leigh Steinberg will become CEO of Assante Sports

Tags: Buffalo Bills, Finance

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug