Featured Story

Nike Files For Tech Patents In Trying To Stay Ahead Of Competitors Amid Digital Shift

Published in SportsBusiness Daily on 12 / 02 / 16

Nike on Thursday "filed a burst of patent applications, including two dozen for new technology, the latest sign of the industry's ongoing digital shift and the sportswear giant's aggressive effort to stay ahead of competitors," according to Matthew Kish of the PORTLAND BUSINESS JOURNAL. The 64 ...

Read More

Tags: Finance, Nike

More Stories

07/16/99
SPORTVISION RAISES $9.3M IN SECOND ROUND OF INVESTMENT

N.Y.-based Sportvision has received a second-round investment of $9.3M from Bay Partners, Intel, Orion Partners, Prospect Street Ventures, Prudential Securities and RRE Investors, in addition to all o

Tags: Finance

07/16/99
LOGO RISING: LOGO ATHLETIC PLANNED STARTER OFFER FOR A WHILE

The Schottenstein Stores Corp. group''s deal to acquire Starter for $46M "is expected to boost" Logo Athletic''s sales "by as much as half and stabilize its 400-person [IN] workforce," according to No

Tags: Finance, Sears

07/15/99
SCHOTTENSTEIN STORES/LOGO ATHLETIC ACQUIRE STARTER CORP.

A group led by OH-based Schottenstein Stores Corp. is purchasing the bankrupt sports company Starter Corp. for $46M, according to the INDIANAPOLIS STAR-NEWS. A federal bankruptcy judge in DE approved

Tags: Finance, Puma

07/14/99
PROTEAM.COM USHERS IN A NEW PRESIDENT IN REORGANIZATION

PROTEAM.com, formerly Genesis Direct, has named sports marketing exec Harry Usher as its new President & CEO and "is regrouping into an Internet-based sports merchandise company," according to Lauren

Tags: Finance, NASCAR, NBA, NHL

07/13/99
AMERICAN SKIING COMPANY FINALLY FINDS INVESTOR IN OAK HILL

TX-based Oak Hill Capital Partners signed an agreement to purchase $150M of convertible preferred stock in ME-based American Skiing Co. Proceeds from the sale will be used to reduce American Skiing''s

Tags: Finance

07/09/99
FINANCE NOTES

Dolphins/Panthers Owner Wayne Huizenga told CNBC''s David Faber that he has recently been buying back shares of FL Panthers Holdings. Huizenga: "My family trust has been buying stock because we believ

Tags: Finance, Miami Dolphins

07/09/99
TSA REPORTS SALES; EARNINGS FALL SHORT OF EXPECTATIONS

FL-based The Sports Authority (TSA) announced sales for the month ending June 20 were $127.1M, down 10.8% from sales of $142.4M for the same period last year, which included $5.1M of sales from the co

Tags: Finance, The Sports Authority

07/08/99
INDIANS PERFORMING WELL ON AND OFF THE FIELD AS STOCK RISES

Cleveland Indians Baseball Co. "was the top performer" among Northeast OH stocks for the first half of ''99, according to Mary Vanac of the AKRON BEACON JOURNAL. The Indians'' stock rose 157% to 18 3/

Tags: Cleveland Indians, Finance

07/07/99
ISC SEES REVENUE INCREASE; SKECHERS USA UP AND DOWN

Int''l Speedway Corp. (ISC) reported total revenues for the ''99 second quarter ended May 31 increased 17% to $44.6M, compared to $38.2M in the same period in ''98. Also, ISC''s operating income for t

Tags: Finance, NBA, NFL, San Antonio Spurs, Sears

07/01/99
NIKE'S FIRST QUARTER EARNINGS TOP ANALYSTS EXPECTATIONS

Nike reported first quarter net income of $94.4M, or $.33 per share, for the period ended May 31, compared with a loss of $67.7M, or $.23 per share, for the year-ago period. The company reported a pro

Tags: Finance, Nike

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug