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Nike digital strategy kicks independent sellers

October 13, 2020 [email protected]_84 business strategies

Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com.

A sports store in the Bronx was left in the dust after Nike announced it was cutting ties with the family-owned business after more than four decades to focus on digital sales and company-owned stores.

Moe Stein, the owner of Frank’s Sport Shop, called the move a “complete surprise” after making “in excess of $10,000,000 in business with them” throughout 40-plus years of being a Nike dealer.

Ticker	Security	Last	Change	Change %
NKE	NIKE INC.	129.46	-1.52	-1.16%

NIKE SHAKES OFF PANDEMIC BLUES WITH SURGING ONLINE SALES

“The initial reaction hurt,” Stein told FOX Business. “You bring a girl to the prom, and then she decides to just walk away from you halfway through the evening without an explanation.”

Bathgate/East Tremont, The Bronx, Creator: Pat Arnow [email protected] Pat Arnow 2012

The sports shop had been family

Woodbury kicks off development in new area with Kindeva headquarters

October 9, 2020 [email protected]_84 business development

Woodbury has taken the first step in developing a new area of the city — with a new headquarters for a 3M spin-off company.

Woodbury stock

© Provided by Twin Cities Pioneer Press
Woodbury stock

Kindeva Drug Delivery plans to build a 136,000-square-foot facility northeast of Settlers Ridge Parkway and Hudson Road. It will be the first development in the city’s Northeast Area, a 400-acre site along Interstate 94.

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The building, on 9.5 acres, would house offices, a warehouse, and a light-industrial facility.

“We are all very excited to do this, especially in these trying times,” said John Price, Kindeva’s Global Marketing Communications manager.

Kindeva makes skin patches, inhalers and other products that help patients take medicine.

In May, 3M sold its drug-delivery business for $650 million to Altaris Capital Partners, which named the company Kindeva.

Kindeva’s headquarters currently are in St. Paul. The company employs 900 at facilities in

Small Business Week kicks off after months-long delay

October 7, 2020 [email protected]_84 business weekly

Posted on 5 October 2020 at 8:58pm

COLUMBIA – Since the onset of the pandemic, the importance of supporting small businesses nationwide has exploded. This week, Columbia Chamber of Commerce leaders said they are honoring some of the city’s finest.

A ribbon cutting ceremony at the chamber early Monday morning officially kicked off the 2020 Small Business Week. The annual event usually takes place in the spring, but was delayed due to the pandemic.

This year marks the 28th year of Small Business Week in Columbia, where over 80 percent of the city’s businesses fit the criteria.

Matt McCormick, President of the Columbia Chamber of Commerce, said this year looks quite different.

“Just like everyone else we have had to shift our programming, make sure we are staying within the rules and guidelines,” McCormick said. “We’ve set up virtual accounts, Zoom accounts so we can live feed them.”

Several events

Tuya Smart kicks off inaugural AI+IoT Business Conference Virtual Conference (ABC), bringing together key industry leaders in the SEA IoT scene

September 21, 2020 [email protected]_84 business online

SINGAPORE, Sept. 21, 2020 /PRNewswire/ — The first virtual Southeast Asia (SEA) AI+IoT Business Conference has kicked off from today, which brings together key major industry organizations including Tuya Smart, a leading global AIoT platform, and other leading partners in SEA.

Themed on “Revive in Growth – Inspired by Intelligence”, the inaugural virtual ABC aims to harness AIoT for transforming businesses in Southeast Asia, after the pandemic. The event consists of a series of fireside chats and TED-style talks by esteemed companies and innovators.

The pandemic has been a boon for the industry and shown the relevance of IoT products in our daily lives. “This (pandemic) will be the start when young people begin to learn more about the smart home,” Mr. Ryan, CEO from Indonesian brand Bardi Smart Home commented.

Mr. Vincent Chew, Group Managing Director of Pensonic, one

Illinois sports bets top $52 million in July; online wagering gains traction as NFL season kicks off

September 16, 2020 [email protected]_84 business online

Despite a dearth of major sports and only two places to place bets,legal sports books generated more than $52.5 million in wagers during July, the first full month of activity in Illinois.

a group of people sitting in front of a crowd: Guests and media crowd into the sports book area on Monday, March 9, 2020 at the Rivers Casino in Des Plaines.

© Stacey Wescott / Chicago Tribune/Chicago Tribune/TNS
Guests and media crowd into the sports book area on Monday, March 9, 2020 at the Rivers Casino in Des Plaines.

With the kickoff of the NFL season last weekend, and the recent launch of several online and retail sports books, Illinois’ sports betting industry could get a lot bigger in the months ahead, experts say.

“It’s very early innings,” said Chris Grove, managing director of sports betting for gaming industry research firm Eilers & Krejcik.

More than 92% of sports wagers made in July were placed online, according to the Illinois Gaming Board. Bets were placed on everything from mixed martial arts to auto racing. Top pro sports for betting

‘Support Latino Business Day’ kicks off Hispanic Heritage Month in Philadelphia

September 15, 2020 [email protected]_84 business planning

PHILADELPHIA (WPVI) — Across the nation, it’s National Support Latino Business Day.

Here in Philadelphia, the Hispanic Chamber of Commerce hopes it will inspire you to lift up our local Latino entrepreneurs.

There are many ways you can get involved from shopping to dining and more.

The event is a way to kick off Hispanic Heritage Month, which officially begins Tuesday, September 15.

The Chamber says there are many ways we can show some love to our local Latino businesses, especially as we all weather this crisis together.

“I think it’s a moment for us to really think about the impact Latinos have,” says Jennifer Rodriguez, president and CEO of the Greater Philadelphia Hispanic Chamber of Commerce. “Say ‘hi’ to a neighbor that you may not know, go and walk around South Philadelphia or North Philadelphia. Enter the little businesses and really spend a few dollars if you can, because

New Haven’s Restaurant Week kicks off months early, potential business boost amid pandemic

September 14, 2020 [email protected]_84 business weekly

NEW HAVEN, Conn. (WTNH) — Sunday kicks off New Haven’s Restaurant Week. The event lasts from Sept. 13-Sept. 26.

Twenty-five of downtown New Haven’s award-winning and internationally diverse restaurants are featuring $19 lunch and $36 dinner fixed-price multi-course menus along with $60 to-go options.

The promotion will include those to-go options for guests choosing to eat at home.

The promotion was extended from one week to two, and was originally set for November but was moved up to September this year to accommodate outdoor seating amid the pandemic. It is a potential business boost for those local restaurants who have struggled to keep their doors open for business since March.

This year’s promotional period looks a lot different from previous years with increased social distancing, extended outdoor seating, and other COVID-19 health safety regulations. But for restaurants in the Elm City, many tell News 8 Restaurant Week not only brings

Master of Science in Business of Fashion kicks off new academic year with style

September 13, 2020 [email protected]_84 master in business

Designer: Andrew Staunton
Education: B.A. Fashion Design, Kingston University
Employment: Former Design Director, DKNY Men’s Sportswear

Statement: “The design submitted is named “Urban Steampunk” as I felt it should live in a more modern vein applicable to current trends. In researching Steam Punk, many factors come to the surface. I caught onto this Amelia Earhart, aeronautical look, as well as looking to designers who have been inspired by Steampunk. You can see threads of the concept weaving through collections from Burberry, Versace, and Yohji Yamamoto.

I illustrated a layered look starting with are a cropped shearling flyer jacket. The proportion is modern and intentional, with an exaggerated statement collar and minimized authentic details. Under this is a cotton-wool twill weave blouse, featuring a ruffle at the neck and center front. This nod to Victoriana as a theme runs throughout the more feminized pieces seen in Steampunk, referencing the concept’s historical

Business of Fashion kicks off new academic year with style

September 13, 2020 [email protected]_84 master in business

Designer: Andrew Staunton
Education: B.A. Fashion Design, Kingston University
Employment: Former Design Director, DKNY Men’s Sportswear

U.S. IPO Weekly Recap: The September IPO Market Kicks Off With A Quiet Week

September 7, 2020 [email protected]_84 business weekly

While there were no IPOs this past week, five SPACs went public ahead of the post-Labor Day rush.

Casdin Capital and Corvex Management’s SPAC CM Life Sciences (CMLF) upsized to raise $385 million. Led by the firms’ founders, Eli Casdin and Keith Meister, the company plans to target the life science industry, specifically businesses in the life science tools, synthetic biology, and diagnostics fields.

Tech SPAC Tailwind Acquisition (TWND.U) raised $300 million. The company was formed by Chairman Philip Krim, co-founder and CEO of Casper (NYSE:CSPR), which is down 24% from its February IPO. Venture capitalist Chris Hollod serves as CEO, and Tengram Capital Partners co-founder Matt Eby serves as CFO.

INSU Acquisition II (NASDAQ:INAQU), the second blank check company formed by Cohen & Company and targeting the insurance industry, upsized to raise $200 million. Chairman Daniel Cohen and CEO John Butler serve in the same roles for

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