All Corporations articles – Page 6
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News briefs
LVMH 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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Article
Vail 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 briefs
Authentic acquires Champion and unveils new brand partners
Authentic has chosen three brand partners for the iconic brand.
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Article
Xponential Fitness expands to Asia with boxing studio
Rumble Boxing is expanding into Japan with a studio in Tokyo.
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News briefs
New 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 briefs
Saudi Arabia seeks a stake in EuroLeague
The basketball league’s owners are looking to sell one-third of the business.
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Article
Lamoda 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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Article
Footway 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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Article
Frasers aims to become the largest sports retailer in Benelux
Frasers Group strengthens presence and expands footprint in the Benelux region.
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Article
Adidas 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 briefs
Agilitas Sports secures investment, hires creative leader
The Indian sportswear and athleisure solutions platform bolsters its growth strategy with money from Spring Marketing Capital.
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Article
Manchester United posts loss amidst record revenues
The club has added five players to the men’s first team and six players to its women’s team
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Article
Stiga Sports partners with Swedish tennis club
In addition to its main business with table tennis bats, Stiga Sports is also developing its other bat segments ahead of its IPO.
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Article
Btwentyfour opens Munich office, strengthens DACH leadership
Markus Hefter has been appointed as the new Managing Director and will lead the expansion of the B2B data automation platform across Germany, Austria, and Switzerland.
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News briefs
BlackRock has regained 5 percent of the shares in Moncler
The Manhattan-based asset management company boosts Moncler holdings to over 5%, as the luxury brand reports 11% revenue growth in the first half of 2024.
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Case Study
Decathlon: The ugly duckling becomes a swan?
There is hardly a company in the sports retail sector that is met with such mixed feelings as the French sporting goods manufacturer Decathlon.
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News briefs
ATP-WTA merger could be finalized in 2025
A potential merger has been discussed for years.
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News briefs
Klarna aquires Kiwi company
The Swedish global payments network and shopping assistant, Klarna, has acquired the assets of a New Zealand competitor.
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Article
Topgolf Callaway intends to split up the company
The Board of Directors at Topgolf Callaway Brands Corp. intends to split the business into two independent companies: Callaway and Topgolf.