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PyeongChang 2018 To Open First Official Retail Store On Friday

Published in SportsBusiness Daily Global on 05 / 26 / 17

The "first official shop of the 2018 PyeongChang Winter Games will open in the South Korean capital this week," selling licensed merchandise associated with the event, local organizers said on Thursday, according to YONHAP. The store will open to the public on Friday at Lotte Department Store's Myeo...

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Tags: Asia, Olympics

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Abe Pulls Plug On Olympic Stadium Plan

To reduce the estimated construction cost of 252B yen ($2B) and ease growing criticism, Japan PM Shinzo Abe said Friday that "the new National Stadium to be built for the 2020 Tokyo Olympics will be redesigned from scratch," according to Reiji Yoshida of the JAPAN TIMES. Abe said, "I’ve decide ...

Tags: Olympics, Japan

Tokyo Stadium Could Be World's Costliest

When the "dust settles on the marquee venue" for the 2020 Summer Olympics in Tokyo, it could "well be the most expensive sports stadium in the world," according to the AP. The latest cost estimate of 252B yen ($2B) would "push it beyond the current record-holder," the $1.6B MetLife stadium completed ...

Tags: Asia, Olympics

IOC To Generate Record TV Revenue

The IOC "has already generated as much from the sale of broadcasting rights" for Games in the next Olympic quadrennium, from '17-20, as the $4.1B sum it will receive from this, the movement’s "largest revenue source during the present Olympic cycle culminating with Rio 2016," according to Davi ...

Tags: Olympics, Europe, Asia

Experts Say Snow 'No Problem' For Beijing

Ski industry experts said that snow "won't be a problem for Beijing and co-bidder Zhangjiakou if they are awarded the right to host the 2022 Winter Olympics," according to XINHUA. Lack of natural snow was "considered as a challenge for the Beijing 2022 bid." But experts said that "the climate condit ...

Tags: Olympics, China

Criticism Mounts Over Tokyo Stadium

Japan's government "is on the defensive as criticism mounts over the spiralling cost to build the main stadium for the 2020 Tokyo Olympic Games," according to the AAP. Newly appointed Olympics Minister Toshiaki Endo acknowledged on Tuesday the latest estimate of 252B yen ($2.04B) represented a "subs ...

Tags: Olympics, Japan

Olympic Notes

FIFA's disciplinary committee "will not intervene in the controversy which led to New Zealand being kicked out of the Olympic qualifiers for fielding an ineligible player." FIFA's Olympic regulations state that "protests regarding the eligibility of players shall be decided by the FIFA disciplinary ...

Tags: Olympics

NZ Football To Appeal Olympic Expulsion

New Zealand Football confirmed on Monday that it intends to appeal its U23 side's expulsion from the Olympic qualifying tournament in Papua New Guinea, according to Strang, Hyslop & Walters of STUFF. Vanuatu Football Federation protested its 2-0 semifinal loss to New Zealand, saying that New Z ...

Tags: Australia, Olympics

Judge Reverses Marina Construction Ruling

Reforms to Rio de Janeiro's Marina da Glória, the stage for 2016 Olympic sailing, "can once again begin" after the federal government reversed its decision to prohibit the Historic Patrimony & National Artistic Institute (IPHAN) from continuing its construction, according to Vinicius ...

Tags: Olympics, Brazil

NZ Kicked Out Of Olympic Qualifiers

The Oceania Football Confederation said that New Zealand has been excluded from the final to determine Oceania's representative at next year's Rio Olympics men's football tournament after defender Deklan Wynne "was deemed an ineligible player," according to Greg Stutchbury of REUTERS. Wynne, who has ...

Tags: Olympics, Australia

UNIQLO Supports Special Olympics In L.A.

UNIQLO announced its support of the Special Olympics World Games Los Angeles 2015. Along with $450,000 in financial support, as the official apparel sponsor for Special Olympics Unified Sports(R) Experience events, UNIQLO will donate a total of 7,000 T-shirts and polo shirts to be worn by athletes a ...

Tags: Olympics, North America

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