October 16, 2017
As expected, a unanimous vote of the Cardinals’ athletic association board fired the long-time men’s basketball coach after a meeting which lasted most of the day.
Sensing a bargain situation, the Big Cat is reported to be talking to AC Milan about a sponsorship contract that would involve about €10-15 million per year, far below what other top clubs are commanding these days.
Throwing its hat in the ring to bring mass customization to the retail floor first, ASICS is testing a new technology that fuses materials together with microwaves that is said to produce a customized midsole in as little as 15 seconds.
Adjusted sales for sporting goods/hobby/book and music stores were down 4.1% to $6,645 million in Sep. from $6,931 million, according to Commerce Dept. data.
National parks had 32,569,359 visitors in Sep., down 3% from 33,564,724 in 2016, but year-to-date visits stayed just positive at 268,119,744 vs. 266,697,153.
Bloomberg’s report that Amazon was building a private label activewear business pushed down shares of Nike, Under Armour and Lululemon, although Nike shares bounced back.
The Massachusetts preppy retailer sued Kabbage for using an out-of-state bank as a front to avoid a state limit on interest rates that cannot exceed 20%.