All Corporations articles – Page 17
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News briefsNew Era Cap reportedly preparing for IPO
According to a Reuters report based on trusted sources who wish to remain anonymous, Buffalo, New York-based New Era Cap, best known for its official licensing partnerships with MLB and the NFL, has begun preparations for an initial public offering in New York that could be valued at $4 billion ...
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ArticleA1 Padel, unfazed, looks to US
Fabrice Pastor, himself a former professional player, remains optimistic about the world’s third-largest pádel league, A1 Padel – known until this past January as the APT Tour. He is optimistic in the face of the recent unification of the world’s top two leagues, World Padel Tour (WPT) and Premier Padel. ...
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News briefsXponential Fitness signs deal with Gympass, cites 3-year operating targets
The largest global franchisor of boutique fitness brands has issued new operating targets for 2026 that include systemwide sales of $2.33 billion, revenues of $405 million and adjusted Ebitda of $190.0 million as it opens 500 new studios. Xponential Fitness, which generated a 9 percent increase in Q2 net profit ...
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ArticleNational Running Show organizer Raccoon acquired by investment company
Cuil Bay Capital, a new U.K.-based investment firm led by exhibition entrepreneur Doug Emslie, has announced its first investment by acquiring a majority stake in U.K.-based Raccoon Media Group. Raccoon was founded in 2016 and achieved great success with the launch of the National Running Show. Since then, other trade ...
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News briefsAmer Sports confidentially files for IPO
Amer Sports, the Finland-based company controlled by Anta Sports and parent of Salomon, Wilson, Atomic, Arc’teryx, Peak Performance, Armada and other brands, has confidentially filed for an initial public offering in the USA to offer between $1 and $3 billion of its equity, Bloomberg reports, citing sources familiar with the ...
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ArticleThélios acquires Vuarnet
Thélios, the eyewear company of French luxury group LVMH, has announced its acquisition of Vuarnet from NEO Investment Partners, the U.K.-based investment fund that owned the brand since 2013. This marks the first brand acquisition by Thélios, whose portfolio included exclusively fashion brands from its parent company until now. Thélios ...
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News briefsSports stars back Apex Capital’s new €50 million sports fund
Lisbon-based Apex Capital, an investment firm that partners with professional athletes, has announced the launch of its new €50 million Elite Performance Fund. Formula One drivers Carlos Sainz, Lando Norris and Valtteri Bottas are among the sports stars confirmed as part of the new fund. Other backers include Manchester United’s ...
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News briefsManchester United will reportedly be taken off the market
The Daily Mail has revealed that the Glazers are going to take Manchester United off the market after failing to get close to their anticipated asking price. The newspaper cites “a source with long-standing close ties to the American family.” Reports in February suggested that a Qatar-based consortium of private ...
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News briefsAre Visa and Mastercard raising fees?
The Wall Street Journal reported on Aug. 30 that, according to company documents it had seen and sources it had spoken with, Visa and Mastercard would be raising interchange fees – that is, the fees charged to merchants when they accept customer credit cards. The rise was to occur this ...
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News briefsTraceability specialist Haelixa receives capital injection from ZSIG
Switzerland-based Haelixa has announced that it has received a new capital injection from the Zürich Silk Association (ZSIG). Haelixa offers proprietary solutions to physically mark, trace, and authenticate products along the consumer goods supply chains, empowering textile and fashion companies to make more responsible choices. Its founders developed the concept ...
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News briefsVölkl celebrates 100 years “Made in Germany” with limited-edition skis
Source: Völkl Limited Edition 1923 Mantra German ski manufacturer Völkl is currently celebrating its 100th birthday. Since its founding in 1923 by Franz Völkl, the Bavarian company has become Germany’s largest and last remaining major ski manufacturer and has been operating worldwide for decades. To properly celebrate ...
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News briefsCoats completes sale of European Zips business
Coats said that it has completed the sale of its low-margin European Zips business. In July, the British industrial thread and global footwear component manufacturer, announced that it had entered into an agreement to sell its European Zips business to Aequita for an expected nominal cash consideration of around $1 ...
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News briefsTopgolf Callaway Brands among investors in EP Golf Ventures’s first investment fund
EP Golf Ventures, a strategic investment partnership between Elysian Park Ventures and the PGA of America designed to support innovation in the golf industry, has announced the completion of the first closing of its first investment fund, EP Golf Ventures Fund I. Selected investors in EP Golf Ventures Fund I ...
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News briefsAuthentic completes acquisition of Boardriders
Authentic Brands Group has confirmed the completion of the acquisition of Boardriders, the owner of the action sports and lifestyle brands Quiksilver, Billabong, Roxy, RVCA, DC Shoes, Element, VonZipper and Honolua. With the completion of the acquisition, Authentic says its annual retail sales total more than $29+ billion worldwide. ...
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ArticleWolverine sells Hush Puppies IP in China, divests US leather business
Wolverine World Wide, Inc. announced additional steps in the ongoing streamlining of its brand portfolio, including the sale of Hush Puppies intellectual property in China, Hong Kong and Macau, and the sale of its US Wolverine Leathers business. The portfolio transformation is expected to help the company become more efficient, ...
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ArticleMips invests in US sensor company
Swedish helmet safety specialist Mips AB has entered into an agreement to acquire 25 percent of Dallas, Texas-based sensor technology company Quintessential Design, Inc (Quin Design) for $7.3 million. Quin is an ingredient brand for event detection technology and has been providing specialized sensor fusion and software for helmet brands ...
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News briefsPou Chen with further layoffs in Vietnam
Pou Chen Corp, the world’s largest athletic footwear manufacturer, has told authorities that it will lay off 1,221 people on permanent contracts at its Ho Chi Minh City factory in Vietnam. Since the beginning of the year, Pou Chen has reduced the number of employees at the factory, which was ...
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News briefsLimonta acquires Korean textile firm BATM
Italian textile company Limonta has announced the acquisition of BATM Co., Ltd., a Seoul-based firm that offers textiles for sportswear developed and produced in South Korea. The acquisition is meant to strengthen Limonta’s presence in Asia while enhancing its offer of innovative textiles for the world of fashion and luxury, ...
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ArticleNew digs for a Spanish court manufacturer
AFP Courts is hastening to complete a project that – to the exclusion of raw-materials procurement – will focus its entire operation at a single site, according to CMDsport. Situated in Barcelona, the facility encompasses 10,500 square meters, with 3,500 going towards the factory and the remaining 7,000 towards a ...
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ArticleBaozun acquires intellectual property rights to Hunter for China, Southeast Asia distribution
Authentic Brands Group (Authentic) has announced a partnership with Baozun Inc. for the British heritage brand Hunter, famous for its iconic Wellington boots. Through Authentic’s newly formed subsidiary ABG Hunter LLC, Baozun and Authentic are entering into a joint venture for the brand in Greater China and Southeast Asia, under ...
