Frasers 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.
High cost of borrowed funds hurts Russian sporting goods industry
The Russian Central Bank having jacking up the key interest rate on loans to a historic high, Russian sporting goods manufacturers and retailers may be forced to revise their development plans in 2025.
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.
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.
Decathlon Pulse invests in Rebike to boost refurbished e-bikes market
The investment aligns with Decathlon’s strategy of accelerating sustainability.
Toca Football raises $100m
Toca Football, which builds and operates “soccer training centers” and related “social entertainment venues,” has raised approximately $100 million in a Series F round.
Ghost has raised $40 million in funding
Ghost has raised $40 million in Series C funding led by L Catterton.
Footasylum secures £35 millions in new funding
The funding package will support store expansion, sustainability and potential acquisitions.
Agilitas Sports secures investment, hires creative leader
The Indian sportswear and athleisure solutions platform bolsters its growth strategy with money from Spring Marketing Capital.
Viento Padel raises €180 million through crowdfunding
The Italian start-up capitalizes on the booming padel trend.
