All Corporations articles – Page 2
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News briefsFootasylum secures £35 millions in new funding
The funding package will support store expansion, sustainability and potential acquisitions.
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News briefsEssilorLuxottica completes acquisition of Supreme from VF Corp
The purchase price VF will pay for the streetwear company is $1.5 billion in cash.
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ArticleIntersport Spain is raising €8 million in capital
Things are “very delicate” for Intersport S.L., which is hoping to raise €8 million in capital.
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News briefsLVMH, Ruffini agree on Moncler stake limit
LVMH and Ruffini Partecipazioni agreed not to increase their shareholdings in Moncler to more than 20% over the next three years following a recent increase in LVMH’s stake.
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News briefsKlarna Checkout sold in billion deal and becomes Kustom
The new fintech company, named Kustom, is now establishing itself as the leading digital checkout solution in the Nordic market.
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News briefsAlantra acquires majority stake in sports textiles producer SPW Fabrics
SPW Fabrics supplies global brands like Le Coq Sportif, Puma, Adidas, Rapha, Gobik, and Banana Moon.
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News briefsAltor acquires majority stake in CCM Hockey
Altor invests in the iconic Canadian hockey equipment brand to support growth and to expand it into new markets and product segments.
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ArticleBahrain to open first surf park in the Middle East
The kingdom in the Persian Gulf will soon be home to the Middle East’s first artificial surf park, featuring Wavegarden technology.
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News briefsLVMH acquires 10% of shares in Double R, strengthening ties with Moncler
The partnership is meant to strengthen Ruffini Partecipazioni Holding’s position as the largest shareholder in Moncler.
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ArticleVail Resorts lays off 14% of corporate staff following quarterly report
Jobs in accounts receivable, payroll, and IT will be consolidated or outsourced to save $100 million over the next two years.
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News briefsAuthentic acquires Champion and unveils new brand partners
Authentic has chosen three brand partners for the iconic brand.
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ArticleXponential Fitness expands to Asia with boxing studio
Rumble Boxing is expanding into Japan with a studio in Tokyo.
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News briefsNew Balance opens new EMEA headquarter
The new EMEA headquarters of New Balance, located in a former bike factory, focuses on a good working environment.
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News briefsSaudi Arabia seeks a stake in EuroLeague
The basketball league’s owners are looking to sell one-third of the business.
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ArticleLamoda Sport pauses chain expansion amid growth
The Russian sporting goods chain temporarily halts expansion after launching 100 stores in Russia, with plans to reach 300 locations and maintain authenticity in its products.
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ArticleFootway has sold Footway+ and halves its net debt
Footway Group has announced the sale of its subsidiary Footway OaaS AB (Footway+) for SEK 27 million (€2.4m).
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ArticleFrasers aims to become the largest sports retailer in Benelux
Frasers Group strengthens presence and expands footprint in the Benelux region.
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ArticleAdidas to close offices of sports app developer Runtastic in Austria
The closure affects 170 employees as part of the German company’s strategic shift to centralize digital operations.
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News briefsAgilitas Sports secures investment, hires creative leader
The Indian sportswear and athleisure solutions platform bolsters its growth strategy with money from Spring Marketing Capital.
