Frasers Group to acquire South African Holdsport
Global retail group Frasers Group has announced the conclusion of an agreement to acquire Holdsport Group, one of South Africa’s leading sporting, outdoor and recreation goods companies, from Old Mutual Private Equity (“OMPE”) and Holdsport’s management.
Executives from On and Golden Goose have reportedly met
Sources close to Golden Goose within an Italian daily newspaper deny plans for the brand’s takeover.
Thule buys market leading niche company for €310 million
Swedish Thule buys the Australian company Quad Lock, specializing in performance phone mounts. Quad Lock sells to 100 countries, with about 75 percent of sales via e-commerce direct-to-consumers.
Moncler ready for more luxury as it eyes a British gem
Shares in Burberry have risen by 6 percent after reports suggested Italian rival Moncler may be considering a bid for the British luxury fashion brand.
Permira acquires 40% stake in K-Way
Marco Boglione, Chairman and Founder of BasicNet, called the agreement a crucial moment for the company.
Another American ski resort acquired by a company
Another American ski resort has been acquired by a company and the trend of corporate ski mountain takeovers continues.
WeSports keeps growing – acquires another company
WeSports is expanding its portfolio with the acquisition of Nordic Floorball. The company now owns 47 sports e-commerce platforms.
EssilorLuxottica completes acquisition of Supreme from VF Corp
The purchase price VF will pay for the streetwear company is $1.5 billion in cash.
LVMH, 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.
Klarna 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.
Alantra 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.
Altor 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.
Authentic acquires Champion and unveils new brand partners
Authentic has chosen three brand partners for the iconic brand.
Saudi Arabia seeks a stake in EuroLeague
The basketball league’s owners are looking to sell one-third of the business.
Frasers aims to become the largest sports retailer in Benelux
Frasers Group strengthens presence and expands footprint in the Benelux region.
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.
ATP-WTA merger could be finalized in 2025
A potential merger has been discussed for years.
Under Armour sells map app
MapMyFitness is sold to an American media company.
Klarna aquires Kiwi company
The Swedish global payments network and shopping assistant, Klarna, has acquired the assets of a New Zealand competitor.
NFL opens up to PE
It is the last of the major American sports leagues to hold out.
