All Corporations articles
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News briefsPlanet Fitness keeps up the pace – opened up 150 clubs in 2024
Planet Fitness, which ended 2024 with 19.7 million members and sales growing 5.0 percent year over year, says it has “just scratched the surface” of international expansion.
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C-Suite InterviewAfter the Olympic fameness of Cybershape – racquet expert Stiga goes west
One sports product stood out at the Paris Olympics despite its modest size. The octagonal racquet Cybershape put the 80-year-old Swedish family business STIGA Sports back on the world map. Now, the venerable company is looking to capitalize on its success and break into the lucrative US racquet market. In three years, the goal is to triple sales of STIGA Sports products in the US. In addition, an upcoming IPO is looming for the venerable family business.
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ArticleZalando report highlights its impact on European economy
The study covers Zalando’s direct gross value added (GVA), number of employees and taxes paid. It analyzes Zalando’s economic impact in several regions, including all of Europe, Germany and specifically Erfurt, where it has one of its logistics centers.
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ArticleXXL can finally move forward – rights issue raising €60m secured
Norwegian sporting goods retailer XXL has finally gotten the go-ahead from its major shareholders, including UK-based Frasers Group, to carry out a rights issue that will raise NOK 600 million (€60m) for the company.
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News briefsDecathlon Spain to close its logistics center in Seville
According to CMD Sport, Decathlon has officially closed its logistics center in Seville as of December 31, 2024.
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ArticleAmer Sports starts 2025 with a technology-filled warehouse opening in the Americas
The new warehouse, situated in Ontario, Canada, introduces cutting-edge technology that will accelerate order processing times and optimize storage capacity, ensuring that customer needs are met efficiently in an area where 26 million people live, the company hopes.
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ArticleOutlook 2025: Chances for the sporting goods industry
What does 2025 have in store for the sporting goods industry? Our comprehensive analysis finds six opportunities for growth.
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News briefsFIS and ESA work together to drive sustainability in snow sports
A new partnership uses space technology to address sustainability challenges in snow sports.
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ArticleDb CEO after LVHM’s investment – ‘We’re harnessing the tremendous demand from the US’
Db, backed by LVMH, aims to redefine premium travel gear for creatives worldwide. SGI Europe spoke with CEO Richard Collier about how this partnership could be a success for both.
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ArticleZalando is snapping up About You
German online retailer Zalando has said it will acquire fashion group About You in a deal valued at €1.1 billion.
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News briefsFrasers Group signals intention to buy XXL
Frasers Group, which owns 25.8 percent of XXL, has announced its intention to voluntarily offer all outstanding shares of XXL ASA.
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ArticleDb bags investment from LVMH Luxury Ventures Fund
Backed by the minority investment fund sponsored by LVMH, Db aims to redefine premium travel gear for creatives around the globe.
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ArticleNew CEO of Houdini who strengthens leadership for global growth strategies
The outdoor brand announces leadership changes to innovate and scale responsibly in key global markets.
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News briefsFrasers Group cancels XXL’s plan, forcing it to set up new company to solve crisis
At the recent extraordinary general meeting, the UK-based Frasers Group stopped an attempt to raise NOK 600 million (€60m) to stop an acute liquidity crisis.
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News briefsFootway Group changes company´s name
Footway Group has decide to change the name of the company to Ecom Teams Sweden AB
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ArticleFrasers Group to acquire South African Holdsport
Global retail group Frasers Group has announced the conclusion of an agreement to acquire Holdsport Group, one of South Africa’s leading sporting, outdoor and recreation goods companies, from Old Mutual Private Equity (“OMPE”) and Holdsport’s management. Holdsport is a diversified sports business in South Africa and Namibia. It is home ...
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ArticleClassic French brand enters receivership
Le Coq Sportif will be looking for fresh investments for the next six months.
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News briefsArena expands its ‘Made in Italy’ eyewear production line
The Italian brand is setting up a new production facility in its Italian factory to produce swim goggles made in Italy.
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News briefsWorld’s biggest indoor pickleball club coming to Arizona
According to Scottsdale.com, the club will cover 11 acres and offer at least 50 indoor and outdoor courts
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ArticleDecathlon 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.
