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Finish Line Reports Dip In Q4 Earnings Despite Uptick In Revenue

Published in SportsBusiness Daily on 03 / 27 / 15

Finish Line reported a decline in Q4 earnings and "warned that profits in the current year may miss expectations," as the sports-apparel retailer has "struggled lately in a retail environment dogged by more promotions and lower mall traffic." The company's earnings fell 5% to $40.8M despite revenues...

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Marketplace Roundup

Helzberg Diamonds yesterday announced that it is sponsoring jockey Javier Castellano, who will ride Gemologist in the Kentucky Derby on May 5. As part of the deal, fans can share Helzberg’s "I Am Loved" button with a Kentucky Derby design via Facebook and Twitter along with their favorite Kent ...

Tags: Marketing and Sponsorship

NHL, Molson Object To Labatt Promotion

The legal battle between the NHL, Labatt and Molson "is over, but the marketing war is alive and well," according to Josh Rubin of the TORONTO STAR. With the Stanley Cup Playoffs underway, the NHL "took a public shot at a promotional campaign by Labatt, which offers fans 'Hockey Tickets for Life.'" ...

Tags: Marketing and Sponsorship, NHL

Chelsea FC, Sauber F1 Team Announce Partnership

EPL club Chelsea FC has signed a partnership with F1 team Sauber which will begin at the May 11-13 Spanish Grand Prix in Barcelona. The Chelsea FC crest will be displayed on the cars of Sauber drivers Kamui Kobayashi and Sergio Perez ( Chelsea FC ). In London, Kevin Eason notes the value of the deal ...

Tags: Marketing and Sponsorship, English Premier League

Ross, Former NFL Execs Partner On Venture

Dolphins Owner Stephen Ross, former Jets Exec VP/Business Operations Matt Higgins, former NFL VP/Partnerships, Marketing & Sales CEO Peter Murray and Genesco Sports Enterprises co-Founder & CEO John Tatum are "combining to form Insignia Sports & Entertainment," according to Terry Le ...

Tags: Marketing and Sponsorship, NFL, Miami Dolphins

Marketplace Roundup

In N.Y., Bernie Augustine writes a designer for Nike “made an ill-timed quip on Twitter Saturday, speculating" that Bulls G Derrick Rose’s torn ACL "might have had something to do" with his shoe choice. Nike basketball shoe designer Jason Petrie tweeted Saturday night, “You got one ...

Tags: Marketing and Sponsorship

Sprint Set To Debut New Jimmie Johnson Spot

Sprint tapped NASCAR driver Jimmie Johnson to star in the latest of a series of commercials tied to its “Avoid a Data Dilemma” campaign. The spot, which will debut Saturday night during Fox’s broadcast of the Capital City 400 presented by Virginia is for Lovers race at Ric ...

Tags: Marketing and Sponsorship, NASCAR, Sprint

Samsung Has 30 Days To Respond To Lawsuit

Samsung has 30 days to respond to the lawsuit filed by 18 Olympians , which alleges that the company did not have permission to use their names and images in the company's Olympic marketing program, the “Genome Project.” The attorney representing the 18 athletes, Rich Foster, yest ...

Tags: Marketing and Sponsorship, Samsung

Bayern Munich Sponsors To Benefit From Home Final

German Bundesliga club Bayern Munich’s victory over La Liga club Real Madrid in the UEFA Champions League semifinal "will be a big boost for the German soccer club’s sponsors," according to Mike Ozanian of FORBES. Because the final will be played at Allianz Arena in Munich, Bayern Munich ...

Tags: Marketing and Sponsorship

A-B Upset With UFC Fighters' Remarks

Anheuser-Busch, a major sponsor of UFC, has “reprimanded the mixed-martial arts organization for remarks made by some fighters” after advocacy groups “have criticized the fighters comments as sexist and homophobic,” according to E.J. Schultz of AD AGE. A-B in a statement said ...

Tags: Marketing and Sponsorship, UFC, Anheuser Busch

Bulls' Rose Has Top-Selling NBA Jersey

Bulls G Derrick Rose has the NBA's best-selling jersey at the temporary NBA Store in N.Y., and on NBAStore.com from April 2011 to present, according to a league release. This marks the first time Rose has had the top-selling jersey in the league. His No. 1 jersey ranked fifth on the list last year. ...

Tags: Marketing and Sponsorship, NBA

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