All Corporations articles
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News briefs
GoPro to reduce workforce by 26%
The reducing is part of an updated restructuring plan, GoPro has announced.
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News briefs
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.
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News briefs
Permira acquires 40% stake in K-Way
Marco Boglione, Chairman and Founder of BasicNet, called the agreement a crucial moment for the company.
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News briefs
Decathlon Pulse invests in Rebike to boost refurbished e-bikes market
The investment aligns with Decathlon’s strategy of accelerating sustainability.
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K2 Sports Europe GmbH is renamed EOC Europe GmbH
K2 Sports Europe GmbH has announced that it is officially renamed EOC Europe GmbH.
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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.
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Ghost has raised $40 million in funding
Ghost has raised $40 million in Series C funding led by L Catterton.
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Surrey to get Europe’s biggest pickleball and padel club
The councillors of Waverley Borough, in the British county of Surrey, have approved plans for the conversion of a vacant, 57,600-square-foot warehouse into Europe’s largest club for pickleball and padel, according to The Padel Paper. The HOPP, as the club will be called, was conceived by Sally Grace and Andre ...
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C-Suite Interview
Arena CEO Peter Graschi: “I am sure that swimming is becoming more and more popular”
We spoke to Peter Graschi about the importance of major sporting events, what this means for the marketing, his predictions for the future of swimming and his plans for sustainability.
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News briefs
Authentic Brands Group and Saks Global launch new luxury platform
Authentic Brands Group and Saks Global are partnering to create a new joint venture called Authentic Luxury Group (ALG).
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Allyson Felix launches company to empower women
Felix is joined by business partner and brother Wes Felix and sports executive Cosette Chaput.
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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.
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News briefs
Footasylum secures £35 millions in new funding
The funding package will support store expansion, sustainability and potential acquisitions.
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News briefs
EssilorLuxottica 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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Article
Intersport 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 briefs
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.
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News briefs
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.
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News briefs
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.
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News briefs
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.
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Article
Bahrain 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.