E.l.f. Beauty, Rhode show impact of celebrity association on brand’s stock, company’s trajectory
By Bianca Javate Medill Reports When E.l.f. Beauty announced May 29 it would acquire Hailey Bieber’s skin care line Rhode for $1 billion, its stock surged 24% in just a few days. This is an unusually sharp move as, based on historical market data compiled by Financial Samurai and DataTrek Research, the S&P 500 typically […]
From first employee to owner: AU Sports Memorabilia’s Scott Beatty is still betting on the business of the hobby
By Bianca Javate Medill Reports Scott Beatty was 17 years old when he first stepped foot in AU Sports Memorabilia, Chicagoland’s oldest purveyor of sports collectibles. He worked part-time at the store alongside the owner’s sons, Bruce and Steve, with whom he was childhood friends. “I was their first employee,” Beatty said. “I worked a […]
As women’s basketball grows, Chicago’s loyal fans feel priced-out
By Bianca Javate Medill Reports Less than a month before the Chicago Sky host the Indiana Fever on Saturday at the United Center, the most expensive resale ticket on Ticketmaster was an eye-popping $11,900. On May 24, Fever star Caitlin Clark got injured and is now questionable to appear in the game, slashing the price […]