All Corporations articles – Page 7
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News briefsFrasers expands partnership with MAP Active to expand in South Asia
The plan is to open more than 350 stores in the region over the long term.
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ArticleEcom Teams insolvent following dispute with Danske Bank
Ecom Teams (former Footway Group) intends to report its bank’s actions to the Swedish Financial Supervisory Authority for investigation.
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ArticleFrasers Group to make second mandatory offer on XXL
The British sports conglomerate, after acquiring a majority share, has announced it intends to make a mandatory offer for the remaining shares in XXL ASA.
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News briefsJD.com named official e-com innovation partner of UEFA
UEFA Champions League is expanding its global reach.
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ArticleKlarna files for IPO in New York
The Swedish fintech company, valued at €13.6b recently, expects to trade on the New York Stock Exchange under the symbol “KLAR.”
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ArticleHow Puma CEO Arne Freundt plans to regain investor confidence
These are the strategic cornerstones for Puma in 2025.
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News briefsTechnogym inaugurates US headquarters in Jersey City
The new HQ represents a significant investment in logistics and customer-support infrastructure.
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ArticlePuma cuts 500 jobs worldwide
The company, which employs about 22,000 people worldwide, said the move is aimed at improving profitability.
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ArticleXXL CEO: ‘2025 is the year we return to growth’
Outdoor and sports retailer XXL has had two long, harsh years. But in 2025, CEO Freddy Sobin believes, there will be a change.
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News briefsIndonesia’s footwear industry is hurt as Nike and Adidas factory makes layoffs
In total, 3,500 jobs have disappeared at two major factories in the country since Jan.
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News briefsActress joins the Adidas influencing family
Brazilian-American actress Camila Mendes is set to help Adidas amplify its reach worldwide.
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ArticleTarget in partnership with Champion and will go for $15bn+ in sales growth by 2030
The discount department store giant will offer more brand partnerships to end-customers, for example, with Champion and Disney.
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ArticleOutlook – How Adidas seeks to become a healthy company again
“Making things simpler is the most difficult task we have,” says CEO Bjørn Gulden, but that is not the only challenge Adidas faces.
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News briefsSaudi Arabia’s SURJ is reportedly weighing investing in World Athletics
The fund is considering investing in a new body that World Athletics may set up to manage its commercial rights, Reuters has reported.
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News briefsBoozt doubles its lay-offs to 20% of its workforce
Twenty percent, instead of ten, lost their jobs as Boozt increased its use of AI.
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C-Suite InterviewCEO Richard Collier: Db has grown up
In fifteen years, Db has grown from a start up that wanted to make cool but practical ski products into a premium luggage company. We talked to CEO Richard Collier.
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SponsoredLTP Group: New CEO aims to double sales and capacity
International sports apparel manufacturer LTP Group prepares facilities and management for growth.
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News briefsFenix Outdoor acquires controlling interest in Norway-based Devold
Fenix Outdoor International AG has announced the acquisition of a 65 percent stake in Devold of Norway AS.
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ArticleIntersport Spain files for insolvency
Operations continue and, the company hopes, will endure.
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ArticleBoozt moves headquarters from Sweden
Boozt, one of the leading Nordic online department stores, plans to establish its headquarters in Copenhagen, Denmark.