According to a SLCdunk.com report, Adidas is coming out with its first signature shoe for Donavan Mitchell, star guard of the Utah Jazz.
Category: Sports/Fitness
November Retail Sales Increase 5 Percent
November retail sales were up 0.7 percent seasonally adjusted from October and increased 5 percent unadjusted year-over-year, completing the first half of the holiday shopping season with spending on track to easily meet the National Retail Federation’s forecast, NRF said.
Auburn Researchers Suspect Additional Rules For Player Safety Could Decrease College Football Fandom
A team of researchers from Auburn University suspect additional regulations that improve player safety and make the game less violent could impact fandom. While social and behavioral effects of violence in movies and video games have been studied extensively, much less is known about how sports affect perceptions of violence.
IOC Launches First Olympic Store For Chinese Fans With Alibaba
The International Olympic Committee (IOC) and Worldwide TOP Partner Alibaba Group announced the launch of the first-ever Olympic store on Tmall, China’s largest B2C marketplace for brands and retailers.
Lids Finds New Turnaround Partner In Fanzz
While ending up with a skimpier price than hoped for, Genesco finally found a buyer for Lids to enable the company to re-focus on its footwear platforms. For its part, Lids hopefully found a new major partner, Fanzz-owner Ames Watson Capital, and minor partner, Fanatics, to help further stabilize the struggling business.
Aisle Talk Week Of December 10
Top headlines from the active lifestyle industry you may have missed this week, including Fanatics marking its first licensing agreement with a university, a 10-year deal with the University of Oregon to license, manufacture and sell its sports gear beginning on January 1, 2020.
Sports Direct’s Earnings Sink On House of Fraser Costs
Sports Direct reported earnings dropped 27 percent in the first half ended October 28 due to the August buy-out of House of Fraser. Earnings improved slightly excluding charges and losses at its segment including Bob’s and EMS was reduced.
Genesco Agrees To Sell Lids To Fanzz
Genesco Inc. entered into a definitive agreement on the sale of the Lids Sports Group to FanzzLids Holdings, a holding company controlled and operated by affiliates of Ames Watson Capital, LLC. Ames Watson is the owner of Fanzz, a specialty retailer of officially licensed sports apparel. Fanatics Inc. will make a minority investment in FanzzLids Holding.
Mizuno Signs American Olympic Medalist Blake Pieroni
Mizuno is furthering its commitment to the U.S. swimming market and has signed American freestyler, Blake Pieroni, in his first professional contract. The signing represents the brand’s first American swimmer.
Fanatics Partners With University of Oregon In First College Deal
Marking its first licensing agreement with a university, Fanatics inked a 10-year deal with the University of Oregon to license, manufacture and sell its sports gear beginning on January 1, 2020.
Riddell Renews Youth Football Partnership With Pop Warner
Pop Warner Little Scholars Inc., the nation’s oldest youth football organization, and Riddell announced a partnership renewal that will last three years.
Wall Street Reacts: Under Armour’s Investor Day
Most analysts applauded the progress Under Armour is making instilling greater operational and financial disciplines under its transformation efforts. Some were also encouraged by the innovation on display Wednesday at the company’s Investor Day in Baltimore. But growth concerns, particularly in North America, and overall execution issues in the competitive landscape continued to worry many on Wall Street.
Fanatics Forms Strategic Partnership With Jakprints
Fanatics Inc. and Jakprints Inc. announced a new five-year partnership deal that will allow Jakprints to support the domestic production needs of Fanatics. With this partnership Jakprints also announced the opening of a new 140,000-square-foot facility in Eastlake, OH, which includes a $7 million investment in state-of-the-art equipment and the creation of over 100 new jobs.
IOC Announces Changes To Management Structure
The IOC is adapting its management structure. After 26 years as director of NOC Relations and of Olympic Solidarity, Pere Miró will henceforth focus exclusively on his role as deputy director general for relations with the Olympic Movement.
Three Finalists Chosen to Present At Fourth ‘Tennis Industry Innovation Challenge’
Three finalists have been chosen to present at the fourth Tennis Industry Innovation Challenge, which will be held on Thursday, Jan. 24, during the Racquet & Paddle Sports Conference in Orlando, FL.
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