BUSINESS
By Andrea K. Walker and Andrea K. Walker,SUN REPORTER | May 30, 2008
Baltimore sports apparel company Under Armour officially confirmed yesterday that it will begin selling a running shoe during the first half of next year. The company had said this month that it had developed prototypes for a running shoe and a basketball shoe, but gave no details about launch plans. Kevin A. Plank, Under Armour Inc. president and chief executive officer, made the announcement during its first Investor Day, a meeting with institutional investors and analysts who cover the company.
NEWS
By GREGORY KANE | October 13, 2007
On a balmy Indian summer night in East Baltimore, the basketball teams gathered near the hoop closer to the scoreboard under the dome at the Madison Square Recreation Center. The players with the logo "3NITY" in white letters on their black jerseys prepared to inbound the ball. Their opponents, the USA Christianity team clad in gold jerseys, set up their defense. Team 3NITY - whose players wore numbers 3, 13, 23, 33 and 43 - trailed, 57-55. Three seconds showed on the game clock. The referee blew his whistle to start play.
NEWS
By Tanika White and Tanika White,Sun reporter | September 17, 2006
Growing up poor with seven siblings and in a rough-and-tumble Coney Island, N.Y., neighborhood, NBA star Stephon Marbury has told the story about how he always wanted to be one of the kids boasting about their fresh-out-the-box pairs of Air Jordan sneakers. Today, the New York Knicks point guard is a millionaire with money to burn. But as far as he's concerned, families should not have to choose between the light bill and a pair of $150 sneakers - the kind of shoes for which kids have competed and sometimes fought and died over.
NEWS
By NIA-MALIKA HENDERSON and NIA-MALIKA HENDERSON,SUN REPORTER | February 10, 2006
By Nadine Khtikian's count, Americans can do their part to end poverty in west Africa just by donating a pair of used sneakers. It may seem an odd approach, but since January, Khtikian has been collecting athletic shoes from around Baltimore with the aim of shipping thousands of sneakers to Ghana, where they will be refurbished and sold. Half of the proceeds will go toward training a needy farm family in environmentally sound agricultural techniques. At $3 each, 500 pairs of shoes will pay for a water pump, a well, a bicycle, chickens, assorted trees and additional items.
BUSINESS
By ANDREW LECKEY | December 12, 2004
What's the current outlook for Nike Inc.? I'm a long-term investor in the company. -- B.S., via the Internet This brand-name firm that controls 40 percent of the $17 billion athletic footwear market features outstanding financial results and a quirky choice for a new chief executive officer. Profits were up a surprising 25 percent in the most recent quarter, pushed by its strongest U.S. orders in seven years for sneakers and athletic apparel. Behind the impressive showing were improvement in dealings with the Foot Locker retail chain and the increased visibility that the Summer Olympics gave its shoes.
NEWS
By Gailor Large and Gailor Large,Special to the Sun | April 6, 2003
John Senatore was lining up at the start of the 1996 Boston Marathon when he heard, "Hey buddy, you have a flat tire." He looked down to find the air pocket of one of his Nike Air running shoes deflated. Senatore, a Union Memorial Hospital podiatrist, ran the full 26.2 miles anyway, against his better judgment. "I could barely walk for two weeks afterward," he recalls. Diehard racers know the value of good running shoes, or at least they should. But even if you're a weekend jogger, it's important to know what to look for when buying running shoes, how to decide when it's time for a new pair and the possible consequences (think back pain)