Investor Ideas, Trading Ideas and Stocks to Watch : #PlaybyPlay #Podcast: Estée Lauder (NYSE: $EL) Skincare Partner for Manchester United (NYSE: $MANU), Academy Sports and Outdoors, Inc. (NasdaqGS: $ASO) Announces Two New Stores

Friday, July 21, 2023

#PlaybyPlay #Podcast: Estée Lauder (NYSE: $EL) Skincare Partner for Manchester United (NYSE: $MANU), Academy Sports and Outdoors, Inc. (NasdaqGS: $ASO) Announces Two New Stores

#PlaybyPlay #Podcast: Estée Lauder (NYSE: $EL) Skincare Partner for Manchester United (NYSE: $MANU), Academy Sports and Outdoors, Inc. (NasdaqGS: $ASO) Announces Two New Stores

NFL Owners Approve Sale of Washington Commanders, and Mohoric Claims Emotional Third Win at Tour de France

Vancouver, Kelowna, Delta, BC, July 21, 2023 Investorideas.com, a global investor news source issues today’s edition of Play by Play covering what’s new in sports and esports headlines plus recent news from publicly traded companies..

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Manchester United (NYSE:MANU) has announced a collaboration with Estée Lauder, the flagship brand of The Estée Lauder Companies Inc. (NYSE:EL), for a first-of-its-kind partnership that will see the latter deliver its high-performing skincare products “to new communities of sports fans who demand peak performance in every aspect of life.” According to the press release, the partnership will initially spotlight Estée Lauder’s Advanced Night Repair Serum, which helps to optimize the skin’s “own rhythm of daytime protection and night-time repair.” Manchester United’s CEO of Alliances and Partnerships, Victoria Timpson, explained:

"As one of the most followed sports teams in the world, we understand the importance of educating fans on a healthy lifestyle, and skincare is an integral part of that process. In the same way our athletes prepare the night before a match with regular training rituals, healthy skin also requires a consistent and effective regimen. Advanced Night Repair serum provides skin with the overnight preparation needed for users to wake up looking refreshed and ready to take on the day. We look forward to working with Estée Lauder in sharing the power of its Advanced Night Repair serum and encouraging our fans to start their skincare journey with us."

Academy Sports and Outdoors, Inc. (NasdaqGS:ASO) has announced the opening of two new sporting goods and outdoor recreation outlet locations in Central Texas this fall in Brenham and Kyle, Texas. The two stores will comprise over 63,000 square feet and about 56,000 square feet, respectively. The company, according to the press release, “is on track to open 13 – 15 stores this year, with the goal of opening a total of 120 to 140 new stores by the end of 2027.” Sam Johnson, Academy Sports + Outdoors' EVP of Retail Operations, said:

"As a homegrown Texas brand, we are thrilled to offer our loyal customers two new and convenient locations in the Brenham and Kyle communities. Academy is focused on providing the best service, experience, and value to help customers in Central Texas pursue the activities that they love and make new memories, on any budget."

NFL Owners Approve Sale of Washington Commanders, and Mohoric Claims Emotional Third Win at Tour de France

The Associated Press reports that the NFL owners unanimously approved the sale of the Washington Commanders on Thursday from Dan Snyder to a group led by Josh Harris and including Magic Johnson for a record $6.05 billion USD. This is now the highest price paid for a North American professional sports club. Snyder, who has owned the team since 1999, has incidentally just been fined $60 million for improprieties regarding “workplace culture and business dealings.” Regarding the purchase, Harris said:

“We are humbled and awed by the level of responsibility that we have to take care of the city, to win championships and really excite the fans again.”

Reuters reports that Slovenian Matej Mohoric of the Bahrain Victorious team won the 19th stage at the Tour de France today, making for his third victory in this year's race. Mohoric began crying after his win, as it comes only just over a month after the death of Gino Mader – his Swiss teammate – following a crash on the Tour de Suisse on June 16. Bahrain Victorious sports director Vladimir Miholjevic told the press:

"We started this Tour under a lot of stress after the death of Gino and Matej had the ambition to win a stage. It's stupid to say and could be wrongly interpreted but we lost a team member, a family member and everyone in the team, staff and riders, wanted to honour Gino. He will always be with us. It's something we managed to transform into motivation."

Sam Mowers, Investorideas.com

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