Nike Reports Relatively Strong Q2 TaylorMade CEO Sharpe Talks About His Plan Adidas Meets Expectations With Q3 Results MSG Could Double In Value With Split ScoreBig Closes $18M Series D VC Funding MSG Considers Splitting In Two Callaway Golf's Q3 Revenue Beats Projections Under Armour's Apparel & Footwear Sales Rise By 29% TPG Takes 53% Majority Stake In CAA Overseas Group Launching Bid To Buy Reebok
College Bowl Season Set To Begin, Including New Game In MontgomeryPublished in SportsBusiness Daily on 12 / 19 / 14
The ’14-15 college bowl season kicks off tomorrow with five games. Financial documents filed this summer by New Orleans Bowl Inc. indicated that last year's R+L Carriers New Orleans Bowl generated $3.77M in revenue, with 58% of that via ticket sales. Last year's game drew its third straigh...
The refinancing of Umbro "could take another two months to complete," according to Patrick Harverson of the FINANCIAL TIMES. Umbro CEO Larry Ramaekers said that the company was looking to raise "subst
ME-based American Skiing Co. announced that total revenues for the second quarter, ended January 25, increased to $115.3M from $61.2M for the comparable period last year. Net income for the second qua
CA-based Lynx Golf has "obtained a $3.55 million bridge loan" from Union Planters Bank of St. Louis, according to the SAN DIEGO UNION-TRIBUNE. The loan was "secured" by the company''s assets and is du
FORBES'' Peter Spiegel examines consolidation in the sports marketing business and writes that "small two- or three-lawyer shops" are an "endangered species." Spiegel: "Pushing the consolidations is t
While "knowledgeable sources" say that Nike could lay off 1,500 of its employees, "the company said it hadn''t determined how many people would be let go or where," according to Jeff Manning of the Po
Nike announced that it expects its third quarter earnings ending February 28 to be between $.24 to $.28 per share, below the First Call estimate of $.38 per share. Nike added that its earnings for the
Comcast Corp. reported "much wider losses" for its fourth quarter of ''97 and the full year ended December 31, although annual revenues increased 21.6%, according to Richard Morgan of VARIETY. Comcast
Reebok plans to cut 500 administrative jobs in the first quarter, or 10% of its work force, "as part of a multimillion-dollar restructuring to reduce costs," according to a wire report in the BOSTON G
Puma saw sales last year climb almost 12% to "about" $299M, according to the FINANCIAL TIMES. However, it warned yesterday that growth this year and next would be slowed by the Asian financial crisis.
Reebok Int''l, citing "difficult industry conditions," said it will take a pretax restructuring charge of $25M to $35M in the current quarter, according to Jon Auerbach of the WALL STREET JOURNAL. Ree