
Nike Korea unveils policies banning resellers
Sep 21, 2022 23:55 pm UTC| Sports Economy Business
Nike Korea introduced terms and conditions banning purchases made for the purpose of reselling effective from October. The newly disclosed policies are drawing market attention since Nike sneakers shoes are now...

Chicago Bulls ink multi-year Motorola jersey patch deal
Sep 21, 2022 23:27 pm UTC| Sports Economy Business
The Chicago Bulls have signed a multi-year agreement that will feature Motorolas logo on their playing jerseys from the start of the 2022/23 NBA season. Klutch Sports Group brokered the partnership between the 6-time...

LootMogul gets $200 million funding to boost sports metaverse biz
Sep 21, 2022 23:14 pm UTC| Sports Economy Business Technology
LootMogul received a US$200 million investment from Global Emerging Markets (GEM) which it said will accelerate the development and adoption of its Blockchain-based gaming environments. An athlete-led sports metaverse...

Sep 21, 2022 23:10 pm UTC| Sports Economy Business
AC Milan has partnered with eBay for a dedicated store on the e-commerce platform that will offer an exclusive experience featuring original products. According to Maikel Oettle, AC Milan sponsorship sales director,...

PayPal to cancel Phoenix Suns patch deal if owner doesn’t sell team
Sep 21, 2022 05:27 am UTC| Sports Economy Business
PayPal threatened to cancel its contract with the National Basketball Associations (NBA) Phoenix Suns if Robert Sarver does not sell the team. The Silicon Valley-based payments solutions firm became the Suns first...

Atlanta Hawks star Trae Young debuts second signature Adidas shoe
Sep 20, 2022 23:17 pm UTC| Sports Economy Business
Atlanta Hawks star Trae Young finally debuted his second signature basketball shoe, the Adidas Trae Young 2, by sharing pictures on social media on his 24th birthday. There have been leaked images of Youngs second...

Nike collaborates with Ant Group to recycle shoes
Sep 20, 2022 23:17 pm UTC| Sports Nature Economy Business
Nike has joined Ant Groups Green Energy Initiative and launched an official Alipay program to encourage more consumers to recycle worn-out shoes. Chinese consumers can search the mini program Recycle-A-Shoe in the...