Interview with Thomas Lund: to follow new trends and bring younger generations to the sport
17 Jun 2024 16:00
On April 1, at the season opener of the 2018 Sina 3X3 Golden League (SGL) held in Guangzhou, Chinese sportswear brand PEAK was named the Premier Strategic Partner of the basketball tournament for the second consecutive year.
According to an official statement, PEAK will invest up to CNY10m (USD1.59m) annually to support the self-made basketball IP owned by Sina. The Chinese brand also announced its latest product of professional basketball boots at the ceremony.
Under their deal, Sina is expected to make an effort to help PEAK bring in more commercial exposure, raise brand awareness, as well as boost product sales. During the tournaments, PEAK will offer customized gifts for fans that interact with the brand through different channels.
In March, the fourth edition of the SGL also embraced their first automobile sponsor, Haima Automobile Group.
Launched in 2015, the Sina 3x3 Basketball Golden League has become one of the most popular sporting events in China, as the 2017 tournament attracted 24,576 athletes competing in 6,144 participating teams.
As Lin Xiaoxiong, Director of PEAK Brand Department, said, they continued to support the event because SGL has provided a platform for both grassroots fans and professional basketball players. In addition to this, the tournament is also a perfect fit for the brand regarding target customers and worldwide popularity.
Proofread by William Logsdon
Interview with Thomas Lund: to follow new trends and bring younger generations to the sport
17 Jun 2024 16:00
Related coverage
Panel Discussion: How to exploit the commercial value of Chinese basketball market?
17 Dec 2015
09 Dec 2016
NBA China to pledge RMB 10 mln to build basketball courts
25 Jun 2015
NCAA team scheduled to play 4 games in China
11 Jun 2015
Calxon Group became exclusive title sponsor of 2015 National City Basketball Tournament
29 May 2015
More from Yutang Sports
The United States Tops Skema Publika's First Annual Sport and Soft Power Ranking
27 Mar 2025
Interview with Andreas Zagklis: to keep popularization of basketball with all-round strategy
08 Jul 2024
Expert insight | New changes on UEFA EUROs: growing maturity of Hisense and other Chinese brands
22 Jul 2024
SPORTACCORD confirms Istanbul as Host City for 2025 Convention
13 Mar 2025
Hisense Named Official Partner of FIFA Club World Cup 2025
01 Nov 2024
Yutang Sports
loading...