Nintendo, the Japanese games maker whose character Mario is widely tipped to be part of the Tokyo 2020 Olympic Opening Ceremony, has reported a stupendous 576 per cent increase in quarterly profit.
The International Olympic Committee (IOC) faces the prospect of having to reopen negotiations with NBCUniversal over the amount the broadcaster will ultimately pay for United States rights to Tokyo 2020 under one of the Movement’s most important commercial contracts.
While pandemic-related lockdowns and travel restrictions have played havoc with many sports' schedules, the enforced isolation of individuals and family groups in many leading economies appears to have created conditions in which esports can prosper all the more.
NBCUniversal is feeling the impact of the postponement of the Tokyo 2020 Olympic and Paralympic Games.
South Korea’s Samsung has published new financial figures putting it firmly in the camp of those Olympic sponsors which are demonstrating resilience in the face of the COVID-19 pandemic.
Oregon-based Nike has served notice of impending job cuts that it says are expected to result in pre-tax "employee termination costs" of some $200 million (£154 million/€168 million) to $250 million (£192.5 million/€210 million).
The International Cycling Union (UCI) has warned that the global pandemic is likely to impact on its business for "the whole of the next Olympic cycle", as it posted a net deficit of CHF3.5 million (£2.9 million/$3.75 million/€3.2 million) for 2019.
Intel, the California-based manufacturer of computer chips, has underlined that COVID-19 has not weighed on the businesses of all worldwide International Olympic Committee (IOC) sponsors, by posting exceptionally strong financial figures for the three months to late June.
Worldwide International Olympic Committee (IOC) sponsor Dow has announced plans for a workforce reduction programme after the COVID-19 pandemic "dramatically impacted" the giant chemicals company’s second-quarter financial results.
Coca-Cola, the Atlanta-based beverage group that is the Olympic Movement's oldest sponsor, has announced a sharp decline in revenues and operating income as COVID-19 continues to scar the corporate landscape.
The International Ski Federation (FIS) has reported a better-than-budgeted profit of CHF18.7 million (£15.5 million/$19.6 million/€17.2 million) for 2019.
The International Olympic Committee (IOC) has reported a surprisingly large surplus of $73.9 million (£57.6 million/€63.6 million) for 2019, as surging financial income comfortably overturned the Lausanne body's operational deficit.
The International Skating Union (ISU) has reacted to the COVID-19 crisis by putting in place a CHF5 million (£4.15 million/$5.2 million/€4.55 million) provision.
A mass is to be held at Sacré Coeur church in Lausanne tonight to celebrate the life of Juan Antonio Samaranch, the former International Olympic Committee (IOC) President, on the 100th anniversary of his birth.
Andy Hunt looks to have earned more than £250,000 ($310,000/€270,000) in his last year as World Sailing chief executive.
At the 2004 Olympic Games in Athens, Iranian judoka Arash Miresmaeili was disqualified for weighing in at nearly four pounds above the limit for his weight class of his under-66 kilograms match against an Israeli opponent Ehud Vaks in the first round. It was claimed Miresmaeili had gone on an eating binge to protest the International Olympic Committee's recognition of the state of Israel. Iran does not recognise the state of Israel, and Miresmaeili's actions won praise from high-ranking Iranian officials. Mohammad Khatami, the country's President at the time, was quoted as saying Miresmaili's actions would be "recorded in the history of Iranian glories". He was later awarded $125,000 by the Government - the same amount given to Olympic gold medallists.
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The LTA is the National Governing Body of tennis for Great Britain. We are here to govern and grow tennis, from grassroots participation through to the professional game. Our vision for the sport is Tennis Opened Up. We’re working towards a future where tennis is truly a sport for all. The Marketing Assistant reports to the Brand Marketing Manager. It is an important role within the brand marketing team, being close to the detail and delivering marketing executional excellence. We are building a world-class Marketing and Commercial Team that will deliver work enviable of any sport’s governing body.
A century ago this week, the 1920 Olympics opened in Antwerp. The First World War and the Spanish flu pandemic meant putting on the Games was a massive challenge and, as Philip Barker reports, there are parallels with the huge task of re-organising Tokyo 2020.
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