Sports Business news and trends

SoftBank Invests $1B In Sports eCommerce

September 07, 2017
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SoftBank Invests $1B In Sports eCommerce

September 07, 2017
Jacksonville, Florida-based sports apparel eCommerce retailer Fanatics recently closed a $1 billion venture capital round, according to news reports from Reuters. The funding round was led by Japanese multinational telecommunications provider SoftBank Group Corp’s Vision Fund and will see Fanatics valued at $4.5 billion. Fanatics sells licensed fan merchandise for U.S. professional sports leagues — including those […]