All Corporations articles
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ArticleDraftKings expands potential customer base by about 100%
A new federally regulated product lets the US sports betting giant bypass state licensing — and add 126 million potential customers overnight.
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ArticleAdidas extends Gulden, reshapes board
Adidas locks in its turnaround architect through 2030 while preparing a major shift in supervisory board leadership.
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ArticleWilson escalates lululemon board fight with new letter
Founder Chip Wilson has gone public again after 70 days of silence from the board, with a letter demanding a director overhaul and a Brand Product Committee.
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ArticleDecathlon helps raise €40m for manufacturing-focused fund
The sporting goods giant’s investment arm joins forces with US materials firm Teknor Apex to back factory-floor data startups.
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ArticleNike wholesale turnaround extends beyond North America
Nike CEO Elliott Hill expects global wholesale momentum to extend beyond North America after restoring growth there, he told Bloomberg TV.
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ArticleUFC Gym enters mainland China market
The mixed martial arts organization’s fitness brand targets China’s growing demand for high-performance training and wellness experiences.
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ArticleAsics buys US race registration platforms
The brand takes another step towards building a global race registration empire.
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ArticleConverse to cuts jobs, Bloomberg reports
The footwear brand struggles with product innovation as competition from On and Hoka intensifies.
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ArticleDiadora cuts 27 jobs in strategic shift
The Italian brand reaches agreement with unions for voluntary exits with enhanced severance packages as wholesale pressures mount.
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ArticlePeloton cuts 11% of staff in turnaround push
Engineering teams hit hardest as CEO Peter Stern accelerates cost-cutting ahead of quarterly earnings report.
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ArticleXtep refinances HK$500m debt via new bond
Chinese sportswear group extends debt maturity by three years through concurrent repurchase and issuance, securing lower funding costs.
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ArticleAmer Sports redeems $80m in debt
The sporting goods group will pay down debt at a premium while announcing its Q4 earnings date for Feb. 24.
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News briefsAuthentic consolidates Guess brand
The multi-brand group now owns 51% of Guess’s IP whilst management retains full operational control, making the fashion brand Authentic’s second-largest asset.
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ArticleAs anticipated, ANTA acquires 29% PUMA stake
The €1.5 billion all-cash deal makes the Chinese giant PUMA’s largest shareholder.
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ArticleEurosport and JPMorgan veterans launch new sports investment platform
New sports investment platform aims to unlock value in under-commercialised segments of global sport.
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ArticleWilson weaponizes Lululemon leggings failure
Founder transforms see-through pants crisis into ammunition for board battle.
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ArticleMoncler appoints Bottega Veneta chief as new CEO
The new CEO will lead the winter outerwear brand as founder Remo Ruffini shifts to Executive Chairman to focus on long-term strategy.
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ArticlePrivate equity invests in pickleball’s leading US manufacturer
Pickleball manufacturer Selkirk Sport has secured its first external investment from private equity firm Bluestone Equity Partners as the company continues its rapid growth.
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ArticleLululemon’s proxy fight continues
Athleisure brand’s billionaire founder targets private equity-backed directors in shareholder showdown that could reshape corporate governance.
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ArticleASICS opens Onitsuka Tiger factory in Japan
Japanese sporting goods maker doubles down on its fastest-growing brand with new facility combining production, tourism and technical showcase.