Playtomic raises $70m in funding round
The fundraising will primarily fuel US expansion and product development.
Zalando’s revenues up 4-9% in 2025
Growth was driven by the ecosystem strategy in both B2C and B2B.
Zelus Sport receives investment from Sullivan Street Partners
Zelus is Nike Inc.’s exclusive authorized global licensee for team sports.
Columbia reports a 21% gain in operating income FY24
Columbia Sportswear plans to revamp marketing, review costs and expand globally to counter a challenging FY24.
Reports: Castore considers eventual IPO
The decade-old UK sportswear brand, led by sibling founders Tom Beaton and Phil Beaton, is reportedly considering an eventual initial public offering (IPO) for the business.
Barça to help fund startups
FC Barcelona launched its fourth corporate financing round.
Saudi Arabia pours another €18m into Newcastle United
Swedish Alexander Isak´s Newcastle United gets even more money from the Saudis, which now invests €18 million in the Premier League club.
XXL 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.
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.
