The New York Times
At a time when sales of basketball shoes have been sluggish, Under Armour's have taken off. They were up 95% in the fourth quarter of last year (compared with 2014's fourth quarter) and another 64% in the first quarter of this year.
The Drum
He might be better known as the Fresh Prince of Bel-Air, but actor and singer Will Smith said recently that he considers himself a marketer, and offered up the advice that brands should shift their focus "from product to people."
Brand Channel
The 103EX concept car offers a virtual in-car valet to personalize and create an exquisite experience: an artificial intelligence system known as "Eleanor." She will look after you, She will determine what your mood is like today, and then change the way the car drives, change the ambiance inside of it, maybe change the music.
Drug Store News
CVS Pharmacy plans to improve its convenient food offerings with healthier foods and beverages across more than 2,900 locations, up from an initial 500 pilot stores announced last year. Stores will offer national and niche better-for-you brands that make healthier eating on-the-go, convenient and affordable.
Drinks Business
New Belgium Brewing and Ben & Jerry's are working together again to create a new ice cream-inspired beer. The new Chocolate Chip Cookie Dough Ale is due to be released this fall. The companies will donate $50,000 of the proceeds to climate change awareness group Protect Our Winters.
Brand Channel
Yieldmo is redefining the mobile ad tech industry with its purpose-driven business model aimed at minimizing bad mobile ads through a thoughtful and innovative redesign of the medium. Its mission-to produce mobile ad formats that respect consumers' experience while maximizing ROI for advertisers and yield for publishers.
The New York Times
Ali's increasing inability to move with his former grace or speak with his onetime loquaciousness did not bother the entrepreneur Robert F. X. Sillerman. In 2006, he paid $50 million for 80% of Ali's G.O.A.T. (Greatest of All Time) company to control Ali's name, image, likeness and publicity.
Chicago Tribune
Riders will be offered Samsung Gear VR headsets that will show virtual images during the ride, said Katy Enrique, Six Flags Great America's communications manager. Officials are still deciding what visuals the riders will see.
Boston Globe
After years of struggle in the face of a declining local fishery, the Fish Pier in Boston is again bursting with seafood businesses. But with New England fishing stocks tightly managed, the Fish Pier dealers are now more reliant on fishermen from distant oceans.
Bloomberg Businessweek
The 365 concept is Whole Foods' response to sales declines at stores open at least a year. The parent store's focus on on organic and local has been copied elsewhere, cheaper. It's getting destroyed by Trader Joe's and Aldi, which are owned by the same German company.