Kevin Plank, the chief executive of Under Armour, has sold 135,000 shares in the company for $10.67 million. He still has 11.06 million shares worth about $900 million.
A new federally regulated product lets the US sports betting giant bypass state licensing — and add 126 million potential customers overnight.
Adidas locks in its turnaround architect through 2030 while preparing a major shift in supervisory board leadership.
Founder Chip Wilson has gone public again after 70 days of silence from the board, with a letter demanding a director overhaul and a Brand Product Committee.
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