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TEAM Business UPDATE

TEAM Business UPDATE is the only continuously updated source for news for the Team Sports market.  This archive area is updated by our editorial team throughout the day as news breaks in the industry.  The TEAM Business UPDATE newsletter is delivered weekly via e-mail in either TEXT or HTML format.

Click any of the archive tabs above for more news by category of interest.

All BASIC subscribers can access posted articles free for seven days from publish date. Once archived, articles can only be accessed with a PREMIUM or EXECUTIVE subscription.

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The Latest News...

Puma Q2 Profit Falls Less Than Anticipated
Puma reported earnings declined sharply in the second quarter, but earnings were slightly better than analyst's forecasts Sales dipped 0.6 percent on a currency-neutral basis as a 7.1 percent decline in footwear was only partly offset by a 3 percent gain in apparel, aided by the World Cup. Puma reiterated a 2014 forecast for flat currency-adjusted sales and for EBIT and net earnings to rise by 5 percent and 3 percent respectively...(7/29/2014)

Academy Sports to Enter Orlando, FL
Academy Sports + Outdoors will open four stores in the Orlando, FL area in 2015. The four stores will be located in Kissimmee, Lake Mary, Waterford Lakes and Melbourne. In addition, Academy has formed a multi-year partnership with the Univ. of Central Florida...(7/29/2014)

Eastbay Debuts High School Football Web Series Preparation Nation
Eastbay announced a new digital web series, titled Preparation Nation, about the unique training and pregame rituals of the most elite high school football programs in the U.S. Featuring cameos from top professional football players and some of America’s best high school athletes, it details...(7/28/2014)

IL&WU and PMA Suspend Contract Talks Until Aug. 1
The International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA) have suspended negotiations for a new contract until Aug. 1 so that the union can resume unrelated contract negotiations in the Pacific Northwest...(7/28/2014)

New Balance Signs Sock License
Renfro Corporation has become the official U.S. and Canadian licensee for New Balance socks...(7/28/2014)

AAFA Delegation Wraps up DC Blitz
The American Apparel and Footwear Association (AAFA) brought more than two dozen apparel, footwear, and retail executives to Capitol Hill last week to lobby for...(7/28/2014)

Adidas to Sponsor Eastern Illinois University
Adidas entered into a five-year partnership with Eastern Illinois University. Adidas becomes the official athletic footwear, apparel and accessory brand of the Panthers through the 2019 season. Nike previously outfitted the school...(7/28/2014)

Deloitte Index Points to Greater Consumer Spending
The Deloitte Consumer Spending Index (Index), which tracks consumers' cash flow, reversed course in June by increasing, indicating consumers were poised to increase spending as the summer began...(7/28/2014)



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