New Balance sues Steve Madden over “deliberate knock-offs”
Jun 08, 2022 22:25 pm UTC| Business Law Sports Economy Life
New Balance is suing Steve Madden for deliberately copying its patent-protected 327 model sneaker in an attempt to piggyback on the commercial and critical success of the 327 design. The US District Court for the...
Phil Mickelson commits to Saudi-backed LIV Golf
Jun 08, 2022 22:25 pm UTC| Sports Business Economy
Phil Mickelson has confirmed his commitment to Saudi Arabias Public Investment Fund (PIF) backed controversial LIV Golf Invitational Series set to get underway in England. Mickelson, 54, is being paid up to $200 million...
NBA star Carmelo Anthony creates own wine label
Jun 08, 2022 22:24 pm UTC| Life Sports Business Economy
Ten-time NBA All-Star and Carmelo Anthony of the Los Angeles Laker is launching his own wine brand, VII(N) The Seventh Estate, developed in collaboration with Stéphane Usseglio, a third-generation French...
Nike founder Phil Knight offers to buy Portland Trail Blazers for over $2 billion
Jun 07, 2022 23:12 pm UTC| Sports Economy Business
Nike founder Phil Knight has offered over US$2 billion to Paul Allen Trust for the purchase of the Portland Trail Blazers basketball team, according to a report by ESPN. The Portland-born billionaire stepped down as...
Netflix joins NBC, Amazon among suitors for F1’s US TV rights
Jun 07, 2022 23:07 pm UTC| Sports Economy Business
Netflix joined NBC and Amazon among bidders seeking to become Formula Ones US broadcast partner as the contract for the TV rights of global motorsport series with Disney-owned ESPN approaches its renewal date. ESPN,...
Gatorade to stop sponsoring NHL
Jun 04, 2022 22:50 pm UTC| Sports Economy Business
PepsiCo will not be renewing its Gatorade brand sponsorship with the National Hockey League (NHL), as part of its revamp of its sports-related marketing. Gatorade had been an NHL sponsor since 2006, with the most recent...
F1’s Monaco GP draws 2 million viewers on Sky Sports
Jun 02, 2022 22:48 pm UTC| Sports Economy Business
Formula Ones 2022 FormulaOne Monaco Grand Prix achieved an average viewership of 2.01 million to become the first European race to attract an audience of over two million for UK pay-TV giant Sky Sports. The qualifying...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight