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'I Blew $200M On Cars And Parties—Now I'm Back As A Millionaire With Shaq's $2.5B Brand,' Says Former NBA Superstar Allen Iverson
Sunday, March 16, 2025 - 3:07pm | 369Former NBA superstar Allen Iverson is taking a swing at the golf industry. Iverson, who once lost a $200 million fortune, is now attempting to rebuild his wealth through a venture into golf. What Happened: This new endeavor is in partnership with sportswear giant Reebok and fellow NBA legend ...
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VeeFriends, Reebok Collaborate On Sneakers Featuring NFT Character: How You Can Get A Pair
Thursday, August 3, 2023 - 10:09am | 523Entrepreneur and VeeFriends founder Gary Vaynerchuk (aka Gary Vee) is further expanding the intellectual property of his NFT collection with a new collaboration with leading shoe company Reebok. The collaboration follows several past deals done by VeeFriends with companies like Jazwares, Macy...
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Reebok Presents New Hemp Sneaker In Collaboration With London-Based Label Maharishi
Wednesday, October 26, 2022 - 8:36am | 510American fitness footwear and clothing giant Reebok confirmed Friday a second collaboration with a London-based streetwear label Maharishi. The duo partnered on the launch of new hemp sneakers - Maharishi x Reebok LT Court Hemp. The new sneakers will be available...
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Grand Slam Or Double Fault? Here's How Much $1,000 Invested In Nike Stock When Serena Williams Signed Would Be Worth Today
Wednesday, September 7, 2022 - 9:10am | 738Tennis legend Serena Williams announced her planned retirement earlier this year. With a loss in the 2022 U.S. Open, Williams will now walk away from the sport as one of the greatest of all time to ever play the game. What Happened: Williams and sister Venus Williams dominated the sport of...
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The Importance Of Luxury Design In The Cannabis Space
Monday, April 26, 2021 - 9:25am | 862As cannabis legalization spreads across the country, cannabis advocates patiently await and passionately fight for federal resolution. Meanwhile, in states where cannabis has already become legal, activists and companies are working on its “normalization.” Due to the stigma that has...
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Here's How Long It Took Nike To Reach A $100B Market Cap
Tuesday, March 3, 2020 - 9:15am | 816In 1964, the company that would become Nike Inc (NYSE: NKE) was basically co-founder Phil Knight driving around the Pacific Northwest selling running shoes imported from Japan out of the back of his car. The "company" made about $8,000 in revenue. Then came the fitness boom of the late...
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Footwear Sector Could Be Headed For Ugly Back-To-School Season
Tuesday, August 7, 2018 - 9:08am | 902Back-to-school season could be an ugly one, according to an industry expert. Many smaller activewear brands like Reebok, Fila and Puma have been performing, but for the industry to do well as a whole, NPD Group's Matt Powell said big brands need to be showing growth. “We...
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Nostalgia For 1990s Fashion A Boon For Smaller Sneaker Brands
Wednesday, July 25, 2018 - 8:50am | 517Retro apparel and footwear trends continue to be a source of strength for large apparel brands, but the market's appetite for vintage styles has also given rise to several nostalgia brands that were once nearly forgotten. Brands like Iconix Brand Group Inc (NASDAQ: ICON)-owned Pony, K-Swiss...
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Adidas Continues North American Tear With 31% Sales Growth
Wednesday, March 14, 2018 - 11:21am | 1232Adidas (AG) (OTC: ADDYY) continues its blistering pace of growth in North America. The German sportswear brand announced fourth quarter earnings that showed 31 percent sales growth (Adidas and Reebok brand) in the fourth quarter in that region. Revenue grew double digits in nearly every geography...
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Reebok Looks To 3D Printing 'Liquid Factory' To Regain Footwear Traction
Wednesday, June 7, 2017 - 9:29am | 838Ever since Adidas AG(ADR) (OTC: ADDYY) acquired Reebok for $3.8 billion in 2005, the once-prominent shoe brand has struggled for to find its identity. Reebok has since shifted into a fitness-oriented brand that aligns itself with emerging active trends, Cross-fit and MMA, and has done quite...
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How The Athletic Footwear Market Has Changed In Recent Years
Tuesday, January 31, 2017 - 3:59pm | 511Under Armour Inc (NYSE: UA) (NYSE: UAA) shares are down more than 24 percent on Tuesday after the company broke its streak of 26 consecutive quarters of at least 20 percent revenue growth by delivering 12 percent revenue growth in Q4. The possibility of slowing growth is certainly disappointing for...
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Adidas Is Finally Figuring Out The North American Market
Wednesday, July 20, 2016 - 3:20pm | 503Despite all the talk about Nike Inc (NYSE: NKE) and Under Armour Inc (NYSE: UA)'s stock in the past year with all the endorsements and the height of the athleisure trend, it would be nearly impossible to predict that adidas AG (ADR) (OTC: ADDYY) was in fact dominating the competition from a...
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7 Of The World's Most Famous Corporate Rivalries
Thursday, December 3, 2015 - 11:41am | 1683Cats and dogs, the Red Sox and the Yankees, Batman and the Joker— everyone loves a good rivalry, especially in America. Competition is a mainstay in the corporate world, and long-lasting competitive relationships have given rise to some of the fiercest rivalries on Wall Street. Most big name firms...
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#PreMarket Primer: Monday, October 20: Fed To Tread Softly At October Meeting
Monday, October 20, 2014 - 8:05am | 1367With the market already facing bouts of volatility due to worries about the global economy, the U.S. Federal Reserve is likely to tread carefully at its upcoming policy meeting. The U.S. central bank is set to hold its two-day policy meeting on October 28 and 29, where it is largely expected to...
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The Bigger The Obstacle Course, The Bigger The Bucks
Friday, September 5, 2014 - 4:50pm | 415Getting dirty seems to be the theme of many of the popular obstacle course races, and the dirtier and more extreme, the more attention the race tentatively brings. Even big corporations and broadcasters are taking notice, with sponsorships and other deals flooding the industry. Recently, CNBC...