Menu
Finance

Australian Sports Apparel Firm BLK's Parent Company Goes Into Administration

Australian sports apparel company BLK, which supplies kits to National Rugby League side Gold Coast Titans, Australian Football League sides Brisbane Lions and Gold Coast Suns and a "host of other sporting clubs, has gone into administration," according to Hamilton, Badel & Walsh of the Brisbane COURIER-MAIL. The Gold Coast company’s financial plight "will have widespread ramifications across the entire Australian sporting landscape." Both World Rugby Specialists, whose director is listed as Tyron Brant, and World Rugby Specialists Group, whose director is named as Kim Brant, "are in receivership." These companies trade as BLK, which supplies training and playing gear to the Lions, Suns, Titans and Queensland Reds and has been "placed under external administration." Receiver McGrathNicol said in a statement that it had "assumed control of the companies' assets" and was "undertaking an urgent appraisal of BLK’s operations to determine the best course of action." McGrathNicol said that it would "liaise with stakeholders including staff and suppliers." The Titans "are in limbo as they sweat on the arrival of their playing strip" for '17. Titans CEO Graham Annesley said that the NRL-controlled club is "exploring contingency plans after already placing an order with BLK for next season’s kit." Annesley: "I have been made aware of the situation regarding BLK. We are currently dealing with the NRL through their own merchandise division to determine our next steps. As far as we know, our jerseys for next season are being shipped. The NRL are going to help us coordinate what we do with our apparel and merchandise" (COURIER-MAIL, 11/15).

SBJ Morning Buzzcast: April 24, 2024

Bears set to tell their story; WNBA teams seeing box-office surge; Orlando gets green light on $500M mixed-use plan

TNT’s Stan Van Gundy, ESPN’s Tim Reed, NBA Playoffs and NFL Draft

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with TNT’s Stan Van Gundy as he breaks down the NBA Playoffs from the booth. Later in the show, we hear from ESPN’s VP of Programming and Acquisitions Tim Reed as the NFL Draft gets set to kick off on Thursday night in Motown. SBJ’s Tom Friend also joins the show to share his insights into NBA viewership trends.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Global/Issues/2016/11/18/Finance/BLK.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Global/Issues/2016/11/18/Finance/BLK.aspx

CLOSE