All Fanatics articles – Page 3
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News briefsFanatics raises close to $700 million, hits $31 billion valuation
In a new investment round, sports merchandise giant Fanatics Inc. has raised roughly $700 million, most of it from parties that had not previously invested in the company. According to various accounts in the business news media, among those new investors are private-equity firm Clearlake Capital Group LP, which led ...
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News briefsNike and Fanatics sign licensing deal with the Tokyo Giants
Nike and Fanatics have inked a new agreement with the Yomiuri Giants, also known as Tokyo Giants, Japan’s most successful baseball team. The financial terms were not unveiled, nor was the duration of the agreement. As part of the deal, Nike will become the team’s official uniform supplier, while Fanatics ...
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News briefs
Logistics services companies ReBound Returns and Cycleon merge
The U.K.-based companies ReBound Returns and Cycleon announced their company merger. They had previously operated as separate entities under the Reconomy Group, after both being acquired in recent years. In the future, the service companies will operate under the name ReBound, a Reconomy Group company. The newly formed logistics services ...
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News briefsPSG expands its retail partnership with Lids to Europe
Paris Saint-Germain (PSG) has announced that it is expanding its partnership with Lids Sports Group. The French football club will entrust Lids to oversee operations for the club’s European locations. The expansion follows the openings of the Fanatics and Lids-operated PSG permanent store in Los Angeles in 2021 and the ...
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ArticleFanatics inks new deals with UEFA and ICC
Sports merchandise giant Fanatics has signed deals with UEFA and the International Cricket Council (ICC). UEFA and Fanatics have announced a long-term e-commerce, event retail and licensing deal, which the football governing body has described as “one of the most comprehensive sports merchandising partnerships in European football.” The national team ...
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News briefsFoot Locker partners with Fanatics to expand licensed product offerings
Foot Locker and Fanatics have announced a new long-term connected inventory partnership that will “significantly expand” the officially licensed fan gear and merchandise product range available online to Foot Locker customers. Beginning in the fall, the shoppers visiting footlocker.com, kidsfootlocker.com and champssports.com will have access to a broad, tailored assortment ...
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News briefsFirst German NBA Store will open this fall
The National Basketball Association (NBA) and Fanatics have announced that an NBA Store will open this fall in Berlin. The new store, located at Alte Potsdamer Straße 7, in The Playce at Potsdamer Platz, will be operated by Lids. The opening will mark the first NBA Store in Germany and ...
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News briefsFanatics signs college licensing agreement with Nike
Sports retail platform Fanatics is entering into a long-term partnership with Nike to produce fan gear for college sports. The partnership includes a collaboration with Fanatics’ college division, which already works with most Nike-sponsored colleges and universities. Beginning by mid-2024, Fanatics will produce nearly all Nike fan apparel for many ...
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ArticleTwo sports companies are among the most innovative 50 companies of 2022
The renowned business magazine Fast Company names the most innovative 50 companies every year. This year, Stripe came in first place. The payment service provider links the digital payment process with environmental protection measures. Stripe offers the possibility to participate in technology for CO2 reduction. Source: Fanatics Fanatics ...
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News briefs
Paris Saint-Germain opens flagship store in New York
French football club Paris Saint-Germain (PSG) has announced the opening of a flagship store in New York City, located at 587 5th Avenue. It will be the first official boutique in New York City for an international sports club and the club’s largest store outside of France, adding to PSG’s ...
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News briefsFanatics receives $27 billion valuation and raises $1.5 billion
According to reports in the Wall Street Journal and SGB, Florida-based Fanatics Inc. has raised $1.5 billion in a funding round that values the sports merchandise and memorabilia company at $27 billion. Because the transaction was private, both media rely on information received by a ”person with knowledge of the ...
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Infographics & DataTop 50 Sporting Goods Retailers in the Galaxy
This exclusive interactive chart ranks the top 50 sporting goods retailers by revenues in USD for 2020 and percentage growth in their local currency. The charts and data can be downloaded. This is exclusive data and analysis for Premium Members.
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ArticleAnalysis: The world’s major sports retailers
This exclusive, yearly statistic shows the revenue development of the 50 largest sports retailers.
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News briefs
Fanatics will host an international Olympic store
Fanatics is partnering with the International Olympic Committee (IOC) to launch its first global Olympic web store, starting with the Paris Summer Olympics in 2024, followed by the 2026 Winter Olympics in Milan and Cortina, and the Summer Games in Los Angeles in 2028. Fanatics will work with the organizing ...
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News briefs
New funding round values Fanatics at $12.8 bn
Fanatics raised another $350 million from existing shareholders in a round that valued the giant U.S.-based online licensed apparel group at $12.8 billion. It was more than double the $6.2 billion valuation that it received through a previous $350 million round last August. Investors thought at the time that it ...
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News briefs
Fanatics enters China via a joint venture
Fanatics, the U.S.-based online retailer of licensed sports merchandise, has announced that it is expanding into China via a joint venture with Hillhouse Capital Group, a private equity firm that is also a major shareholder in a major Chinese sporting goods retailer, Topsports. The 50-50 joint venture will be based ...
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News briefs
Fanatics acquires WinCraft
As Sports Business Daily reports, Fanatics has acquired WinCraft, in a move that will diversify the company’s reach beyond its core licensed apparel business. Established in 1961, WinCraft is a producer of sports-themed hardgoods and other non-apparel items. The company generates about $100 million in annual revenues, according to Fanatics, ...
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News briefs
New licensing director for Fanatics from Nike
Eager to continue to expand internationally, Fanatics has appointed a new licensing director, Younes Latayi, to drive its global licensing strategy and to manage its growing international portfolio of partners, maximizing their online and offline offerings. He will be based in Europe, reporting to Vicky Picca, Fanatics’ senior vice president ...
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News briefs
Fanatics partners with The British & Irish Lions
Fanatics, the international specialist in licensed sports merchandise, has announced a new manufacturing and e-commerce deal with The British & Irish Lions, the rugby union team made up of players from any of the Home Nations, i.e. the national teams of England, Scotland, Wales and Ireland. Fanatics has agreed to ...
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News briefs
Fanatics acquires Top of the World from Vetta
Fanatics, the Florida-based provider of sports merchandise, is acquiring some of the assets of Vetta Brands, which is currently under liquidation. Chief among these assets is Top of the World, which, until the Covid-19 pandemic wiped out its business, had been manufacturing hats for hundreds of college sports brands at ...
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