Exclusive: Channel 4 poach Boat Race rights from BBC Sport Business The iconic Boat Race between Oxford and Cambridge Universities will leave BBC television after signing a deal with Channel 4, City AM can reveal. The rival public service broadcaster will show the men’s and women’s races on the Thames for the next five years, marking a shift away from BBC TV – which showed an [...]
Chanel chief Leena Nair joins Tech Titans investor group at London Spirit Sport Business Chanel chief executive Leena Nair has joined the Tech Titans group of investors who now own 49 per cent of London Spirit. The British-Indian executive was at Lord’s last week for the first game of this year’s Hundred competition between Spirit and Oval Invincibles after reaching out to Nikesh Arora, the chief executive of Palo [...]
Chinese TikTokers spark debate on source of luxury goods as they fight tariffs Retail A debate over the source of luxury goods has taken TikTok by storm after Chinese manufacturers jumped on the app to ‘lift the veil’ on luxury production. According to multiple hugely popular videos on the social networking site – notably a user called @senbags2 – luxury goods are made in China, then shipped to Italy [...]
Sport sponsorship: Best deals, who’s investing and 2025 growth January 5, 2025 As 2025 kicks off, the sports sponsorship landscape is brimming with opportunity. New trends are emerging and the environment is ripe for seasoned sponsors to make bold investments promoting new brand offerings. With Premier League clubs preparing for life after gambling sponsors and athlete-driven media platforms gaining traction, the industry is undergoing a transformation that [...]
Ratcliffe, IPL and Littler: The City AM Sport 2024 year in review December 31, 2024 It was the year that was in sport; when iconic athletes retired, major brands made fascinating choices and one pole vaulter was knocked out of the Olympics because of his hefty package. The 12 months that made up 2024 weaved the retirement of cricketer James Anderson with the iconic breakdancer Raygun, it saw a German [...]
The Boat Race: Chanel-backed Thames regatta gets season underway November 14, 2024 The central London stroke rate was on the rise this week as the 2025 Boat Race season got underway with the Presidents’ Challenge at Somerset House. The challenge, issued on behalf of the men’s and women’s crews that lost in the previous edition, renewed the rivalry between Oxford and Cambridge Universities. It comes a month [...]
Chanel dips oar into sport as Boat Race sponsor October 22, 2024 Fashion giant Chanel has ventured into sport sponsorship for the first time after agreeing to become the headline partner of The Boat Race. The annual Thames regatta between Oxford and Cambridge Universities will be known as The Chanel J12 Boat Race after the luxury brand, privately owned by Alain and Gerard Wertheimer, signed a long-term [...]
Chanel dismisses IPO rumours as it eyes ‘pent up demand’ from consumers in China April 28, 2023 Chanel, one of the world’s biggest luxury brands, will remain private, after the French company’s boss dismissed IPO rumours. “We’re going to stay a private, independent company,” Leena Nair, chief executive of Chanel, told the Financial Times. “Rumours always float around, but you can put those to rest.” Nair, who joined the company in January [...]