Monday, May 20

Tag: sports

Adidas plans to sell Reebok Brand
News

Adidas plans to sell Reebok Brand

BERLIN, Feb 16, 2021 (Reuters) - German sportswear maker Adidas plans to sell or spin-off its underperforming Reebok brand, 15 years after it bought the U.S. fitness label to help compete with arch-rival Nike Inc. Adidas said on Tuesday it had decided to begin a formal process aimed at divesting Reebok as part of a five-year strategy it plans to present on March 10, when the company will also publish 2020 results. It will report Reebok as a discontinued operation from the first quarter of 2021. A banking source said the business could be worth around 1 billion euros ($1.2 billion). "Reebok and Adidas will be able to significantly better realize their growth potential independently of each other," Chief Executive Kasper Rorsted said in a statement . The company bought Boston-ba...
How to design a sports website
BLOGS

How to design a sports website

Amidst this pandemic, it is no doubt that sports websites are becoming more and more popular and trendy because they have altered themselves to provide home-oriented content. But what separates a good sports website from a great sports website like SBOBET-365? An obvious distinguishing factor is user interaction. A significant part of how people interact with your website is predetermined by your web design. Not only this, but your web design also plays a massive role in your marketing strategy and ROI. The first thing you need to do is to find a hosting platform and a website builder. Some of the famous ones are Wordpress.com, Wix, etc. There are quite a lot of preloaded usable templates on these platforms, so you can customize, or build a new one from scratch. You then arrive at the ...
Peak Releases China’s First 3D Printed Running Shoes
CHINA

Peak Releases China’s First 3D Printed Running Shoes

China's leading professional sports brand Peak released its first 3D printed running shoes, "FUTURE I", which are being sold on Tmall at the price of RMB1299. Peak becomes the third sports brand to release and sell 3D printed running shoes after Adidas and Under Armour. At the press conference, Zhihua Xu, general manger of Peak Sport said, "This pair of 3D printed shoes is Peak's latest outcome of Peak Innovation Strategy, our goal is to build Peak as the most international, professional and innovative sports brand in China." 3D printed running shoes are based on the most popular Peak FLY V, with 3D printed technology applied to achieve technological innovation. The comfortable and breathable shoes are made with special lattice structure as insole by using 3D technology, and SLS lase...
Sportskeeda Announces Appointment of Samarth Sharma as Chief Ideation Officer
News

Sportskeeda Announces Appointment of Samarth Sharma as Chief Ideation Officer

An alumnus of I.I.T. Delhi, Samarth has several years of experience in Strategy, Business Development and Expansion with global multi-national corporations of repute namely Hewitt Associates, Cognizant, Deutsche Bank and TransUnion. Having worked in multiple sectors and geographies in different roles, Samarth brings with him the skills that Sportskeeda needs to scale their business to greater heights. Besides professional achievements, Samarth runs one of India’s most popular social media accounts in the name of “The-Lying-Lama” that boasts of an audience of over 100K people grown organically in a very short span of time. He is known for producing viral creative content across diverse areas of interest namely sports, entertainment and politics and his content is covered by all media pla...
Boltt, a Delhi NCR Based Startup Developed AI-enabled Smart Shoes
Story

Boltt, a Delhi NCR Based Startup Developed AI-enabled Smart Shoes

Boltt, a Delhi NCR-based startup has developed a range of fitness wearables, such as smart shoes and bands, integrated with an artificial intelligence (AI) coach which can provide you a personalised dynamic feedback, based on your real-time performance and training. While a variety of fitness trackers and apps are available, most generate data that users are not able to appropriately interpret. "Consumers usually are not experts in nutrition, fitness activity, sports and wellness and hence deciphering the data most wearables track becomes a challenge," a company official told Pixr8.  "There are dietitians and fitness coach subscriptions available with a lot of fitness devices, but that is human as well as time-bound and means additional investment from the consumer," it said. T...
Bollywood Actor Boman Irani Invested in Rooter a Sports Based Social Platform
FUNDING

Bollywood Actor Boman Irani Invested in Rooter a Sports Based Social Platform

Rooter, the world's first social platform that connects sports fans and engages them during live sporting events, has announced the successful completion of a part of its angel investment round. Enabled by Kwan Entertainment Pvt. Ltd, the round was led by renowned Bollywood star Boman Irani and saw participation from Dhruv Chitgopekar and Prantik Dasgupta. The funds secured will be used to strengthen the technology team at Rooter as well as to create strategic partnerships with various sports platforms, teams, fan clubs and associations. Offering a chance for sports fans to connect with one another across real and virtual worlds, mobile-based platform that helps users engage with others sharing their passion. With its focus on smart technology, Rooter takes sporting interaction...
Sony Pictures Acquired TEN Sports From ZEE For $385 million
ACQUISITION

Sony Pictures Acquired TEN Sports From ZEE For $385 million

Sony Pictures Networks India (SPN) today announced that SPN and its affiliates have entered into definitive agreements to acquire TEN Sports Network from Zee Entertainment Enterprises Limited (ZEE) and its subsidiaries for 385 million U.S. dollars. Completion of the acquisition is subject to regulatory approval. The acquisition will add South Asia's leading sports network to SPN's existing portfolio of channels. The TEN Sports channels being acquired include TEN 1, TEN 1 HD, TEN 2, TEN 3, TEN Golf HD, TEN Cricket, TEN Sports that operate in several countries including the Indian sub-continent, Maldives, Singapore, Hong Kong, Middle East, Caribbean. "This is a landmark deal for ZEE and a step towards a strategic portfolio shuffle as we grow our general entertainment business both in...
A Social Platform To Find Gentleman’s in Games
Story

A Social Platform To Find Gentleman’s in Games

How many times it has happened to you that you make a plan of playing some sport, be it cricket or football or planning to go for a bicycle ride with some of your buddies, make a team and just as you all become psyched about it, some of the players back out! It breaks heart! This is a persistent problem that probably every one of us has faced quite a lot. Bringing a solution to such problem, Pixr8 brings you the story of one such startup that goes by the name “JumpSum-The Sports Match Maker”.   THE SOLUTION Jumpsum is a social platform dedicated to sports & fitness designed to connect enthusiasts from all across India, giving them a chance to connect with users of common interest. If you are looking for a cycling partner, Jumpsum will help you find one. If you are look...