All Corporations articles
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Article
Decathlon to expand heavily in Germany – 60 new store openings by 2027
60 new store openings and €100 million invested in new locations and modernizations. Decathlon Germany’s expansion plans until 2027 are, to say the least, massive.
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News briefs
Executives from On and Golden Goose have reportedly met
Sources close to Golden Goose within an Italian daily newspaper deny plans for the brand’s takeover.
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News briefs
Save the Duck targets €200 million annual revenues in five years
The Milan-based brand plans to open 30 or more new stores in three to four years.
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News briefs
XXL to conduct an underwritten rights issue to secure €60 million
The company says that the issue is fully secured and that it has also agreed with lenders to extend its loan facilities.
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Article
Thule buys market leading niche company for €310 million
Swedish Thule buys the Australian company Quad Lock, specializing in performance phone mounts. Quad Lock sells to 100 countries, with about 75 percent of sales via e-commerce direct-to-consumers.
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News briefs
Moncler ready for more luxury as it eyes a British gem
Shares in Burberry have risen by 6 percent after reports suggested Italian rival Moncler may be considering a bid for the British luxury fashion brand.
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News briefs
HanesBrands closes distribution center in the US
75 people lost their jobs when HanseBrands closed down its distribution center in the southeast of the US.
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Article
Leki and Hestra announce gear partnership
The winter sports equipment brands are joining forces to introduce a new glove line in winter 2025/26.
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News briefs
GoPro to reduce workforce by 26%
The reduction is part of an updated restructuring plan, GoPro has announced.
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News briefs
Women-specific football shoe manucfacturer Ida Sports has closed a new funding round
Ida Sports, which has produced women specific football shoes since 2020, has now gained support from well-known Michele Kang’s Kynisca Sports Int’l.
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News briefs
Permira acquires 40% stake in K-Way
Marco Boglione, Chairman and Founder of BasicNet, called the agreement a crucial moment for the company.
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News briefs
Decathlon Pulse invests in Rebike to boost refurbished e-bikes market
The investment aligns with Decathlon’s strategy of accelerating sustainability.
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News briefs
K2 Sports Europe GmbH is renamed EOC Europe GmbH
K2 Sports Europe GmbH has announced that it is officially renamed EOC Europe GmbH.
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News briefs
Another American ski resort acquired by a company
Another American ski resort has been acquired by a company and the trend of corporate ski mountain takeovers continues.
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News briefs
Ghost has raised $40 million in funding
Ghost has raised $40 million in Series C funding led by L Catterton.
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News briefs
Surrey to get Europe’s biggest pickleball and padel club
The councillors of Waverley Borough, in the British county of Surrey, have approved plans for the conversion of a vacant, 57,600-square-foot warehouse into Europe’s largest club for pickleball and padel, according to The Padel Paper. The HOPP, as the club will be called, was conceived by Sally Grace and Andre ...
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C-Suite Interview
Arena CEO Peter Graschi: “I am sure that swimming is becoming more and more popular”
We spoke to Peter Graschi about the importance of major sporting events, what this means for the marketing, his predictions for the future of swimming and his plans for sustainability.
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News briefs
Authentic Brands Group and Saks Global launch new luxury platform
Authentic Brands Group and Saks Global are partnering to create a new joint venture called Authentic Luxury Group (ALG).
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News briefs
Allyson Felix launches company to empower women
Felix is joined by business partner and brother Wes Felix and sports executive Cosette Chaput.
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News briefs
WeSports keeps growing – acquires another company
WeSports is expanding its portfolio with the acquisition of Nordic Floorball. The company now owns 47 sports e-commerce platforms.