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

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

06/30/99
STARTER HAS SERIOUS SUITOR AS GOING OUT OF BIZ SALES BEGIN

The Value City retail chain has made a "serious bid to acquire" the assets of Starter Corp., according to Andy Bernstein of the SPORTSBUSINESS JOURNAL. Value City has "emerged with" a $56M offer for S

Tags: Finance

06/30/99
DID ECCLESTONE USE WRONG FORMULA TO PROMOTE PRODUCT?

The European Commission has "accused the organisers and promoters" of int''l motorsports of "abusing their dominance of the sport," according to Emma Tucker of the FINANCIAL TIMES, who writes that the

Tags: Finance, Formula One

06/25/99
FINANCE NOTES: STADIANET DEAL DONE; KEEP AN EYE ON NIKE

Blazers/Seahawks Owner Paul Allen''s Action Sports Media (ASM) completed the purchase of large screen video display and scoreboard installer and programmer StadiaNet Sports. Following the transaction,

Tags: Finance, NASCAR, Nike, Seattle Seahawks, Vulcan Ventures

06/25/99
OGDEN CLOSES DEAL FOR VSA, THUS SECURING DEAL WITH SAFECO

N.Y.-based Ogden announced that its Entertainment Services group has entered into an agreement to acquire SC- based concessionaire Volume Services of America for $342M. Ogden stated that the purchase

Tags: Finance, Seattle Mariners

06/25/99
QUOKKA SPORTS SECURES PRIVATE PLACEMENT OF $40.7M IN STOCK

Quokka Sports announced the close of a private placement of $40.7M in Series D preferred stock. The equity capital comes from new investors TCI/Liberty, Hearst, Comcast, British Telecom, Excite@Home,

Tags: Cablevision, Comcast-Spectacor, Finance, New York Liberty

06/24/99
A PIT-FALL FOR RACING STOCK: TOY COMPANY REPORTS SHORTFALL

Shares of Racing Champions Corp. "plunged" 60% Wednesday after the maker of die-cast toy cars announced an "unexpected sales shortfall and warned of second-quarter loss," according to Mary Ellen Podmo

Tags: Finance, NASCAR

06/24/99
SUPER REPORT FOR FL: SUPER BOWL SAID TO HAVE HUGE IMPACT

A study released yesterday by Sports Management Research Institute (SMRI) reported that Super Bowl XXXIII had a $396M economic impact on South FL, according to Scott & Weaver of the Ft. Lauderdale SUN

Tags: Finance, NFL

06/23/99
BACK TO SCHOOL? PAUL ALLEN FIRM LOOKING AT COLLEGE ATHLETICS

Blazers/Seahawks Owner Paul Allen "is in talks to acquire" a college broadcast radio company "as part of a plan to develop" a full-service sports marketing agency for collegiate athletics, according t

Tags: Finance, Seattle Seahawks, Vulcan Ventures

06/23/99
FINANCE NOTES

In St. Louis, Cynthia Vespereny wrote that Louisville Slugger "is considering going to bat for troubled Rawlings Sporting Goods." Hillerich & Bradsby Co. Chair Jack Hillerich, whose company owns Louis

Tags: Finance

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug