Month: September 2020

Lululemon Beats Wall Street Expectations As Online Sales Spike

Lululemon saw another surge in online sales during its 2020 fiscal second quarter.  E-commerce revenue comprised 61.4% of Lululemon’s second quarter revenue of $902.9 million, the company reported on Sept. […]

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Bidding For Soccer

Three private equity groups have submitted final bids to buy a stake in the company that controls the media rights to Italy’s Serie A. That decision centers on whether team […]

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Betting On College

Sports betting operator PointsBet has signed a five-year partnership deal with the University of Colorado. It’s the first-ever partnership between an NCAA program and a sports betting operator. A piece […]

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New Peloton Products

Peloton shares jumped Tuesday following news the company would release two new products — a new premium version of its connected bike along with a budget treadmill. The company reports […]

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Money, Money, Money!

Of America’s 400 richest people, 42 own professional sports teams. Collectively, those 42 are worth $271 billion, up 6% compared to 2019. Los Angeles Clippers owner Steve Ballmer, ranked No. […]

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NFL TV Preview: ESPN Debuts New ‘Monday Night Football’ Crew

Networks collectively pay over $5 billion a year for rights to televise NFL games. Just days away from the 2020 NFL season, here is what ESPN, Fox Sports, CBS Sports, NBC Sports and NFL Network will look like this season.

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University of Colorado, PointsBet Ink NCAA Betting Partnership

While professional sports have been quick to embrace gambling since the federal ban on sports betting was overturned in 2018, the NCAA has remained staunchly opposed over concerns about integrity and athlete wellbeing.

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Fanatics Acquires Collegiate Headwear Brand Top of the World

In August, Fanatics closed a $350 million investment round that is expected to be its last private funding round as it is reportedly gearing up for an IPO.

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Q&A: San Francisco 49ers CMO Alex Chang on the Team’s New Brand Campaign

“One unique thing is we are home to fans from all over the Bay Area, which is nine counties. So we’re faithful to the Bay, fans from all walks of life, some not from the Bay at all. But it celebrates them all.” – 49ers CMO Alex Chang

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Vikings Allocate $1 Million to Voting, Education, Criminal Justice Reform

The Vikings’ social justice committee, which launched in 2018, is one of 17 that currently exist around the NFL, according to an ESPN story from July.

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