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Sources: VF Corp. To Sell Its Sports Licensing Group To Fanatics, Likely "Within Weeks"

Published in SportsBusiness Daily on 03 / 27 / 17

NFL owners later today at meetings in Phoenix are scheduled to vote on proposals surrounding the transfer of the NFL business held by VF’s Licensed Sports Group (LSG) to Fanatics. Sources said this means VF is close to selling its licensing business to Fanatics, and the sale should be official...

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Tags: Finance, Majestic Athletic, VF Corp.

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Judge OKs Sports Authority Sales Plan

A federal bankruptcy judge in Delaware yesterday "signed off on Sports Authority's plan to have liquidators start going-out-of-business sales at all of the ... retailer’s more than 460 stores" beginning tomorrow, according to Alicia Wallace of the DENVER POST. The sales "will end by Aug. 31." ...

Tags: Finance, Sports Authority

StubHub Parent Company Buys Ticketbis

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Tags: Finance, eBay, StubHub

Dick's To Bid For Closing Sports Authorities

Dick's Sporting Goods execs on Thursday said the company is making a play for a "very small number" of closing Sports Authority stores, according to Alicia Wallace of the DENVER POST. Dick's during its quarterly earnings call said that the company "will bid for nearly two dozen of the hundreds of le ...

Tags: Dicks Sporting Goods, Finance, Sports Authority

Liquidators Win Sports Authority Asset Auction

A consortium of liquidators that includes Tiger Capital Group, Hilco Global and Gordon Brothers yesterday "prevailed in an auction" for Sports Authority's assets, and store-closing sales "could begin as soon as May 25," according to Alicia Wallace of the DENVER POST. Sources said that the winni ...

Tags: Finance, Sports Authority

Disney Shares Slide After Q2 Earnings Report

Disney shares "plummeted" late yesterday following its Q2 earnings report, as the company "noted a decline in both ESPN subscribers and the sports network’s advertising revenue," according to Elaine Low of INVESTOR'S BUSINESS DAILY. But Chair & CEO Bob Iger said he sees a "very robust ...

Tags: Walt Disney, ESPN, Finance

Adidas Plans To Sell Most Of Golf Division

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Tags: Adidas, Finance

Sports Authority Still Looking For Buyers

Attorneys for Sports Authority yesterday told a federal bankruptcy judge that the retailer is "still pursuing a 'robust' sale process and is not yet ready to settle for liquidation," according to Alicia Wallace of the DENVER POST. Judge Mary Walrath "could have forced the retail giant into Chap ...

Tags: Finance, Sports Authority

Callaway Hikes '16 Financial Targets

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Tags: Finance, Callaway Golf

Sports Authority To Sell Off All Holdings

Sports Authority will not "come out of bankruptcy as an independent company and instead wants to sell off all its holdings," according to a front-page piece by Aldo Svaldi of the DENVER POST. U.S. Bankruptcy Judge Mary Walrath, concerned that "money from liquidation sales was going to pay off certai ...

Tags: Finance, Sports Authority

Chinese Looking At WME-IMG, CAA

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Tags: Finance

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