All Financing articles – Page 3
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ArticleHigh cost of borrowed funds hurts Russian sporting goods industry
The Russian Central Bank having jacking up the key interest rate on loans to a historic high, Russian sporting goods manufacturers and retailers may be forced to revise their development plans in 2025.
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News briefsXXL to conduct an underwritten rights issue to secure €60 million
The company says that the issue is fully secured and that it has also agreed with lenders to extend its loan facilities.
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News briefsWomen-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 briefsDecathlon Pulse invests in Rebike to boost refurbished e-bikes market
The investment aligns with Decathlon’s strategy of accelerating sustainability.
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News briefsToca Football raises $100m
Toca Football, which builds and operates “soccer training centers” and related “social entertainment venues,” has raised approximately $100 million in a Series F round.
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News briefsGhost has raised $40 million in funding
Ghost has raised $40 million in Series C funding led by L Catterton.
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News briefsFootasylum secures £35 millions in new funding
The funding package will support store expansion, sustainability and potential acquisitions.
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News briefsAgilitas Sports secures investment, hires creative leader
The Indian sportswear and athleisure solutions platform bolsters its growth strategy with money from Spring Marketing Capital.
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News briefsViento Padel raises €180 million through crowdfunding
The Italian start-up capitalizes on the booming padel trend.
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ArticleAlibaba upgrades its secondary listing
The Chinese operator of the world’s largest online trading platforms is upgrading its Hong Kong listing to attract Chinese investors from the mainland.
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News briefsAvoli is announcing the completion of a $2.1 million seed round
The volleyball shoe brand, which officially launched last year, has secured new funding from a number of investors.
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News briefsJapanese financial institutions to sell $1.2 billion in Asics stock
A group of Japanese financial entities, including 15 banks and investment funds, plans to sell 73,916,500 shares of Asics’ common stock at 2,442.5 Japanese Yen (€14.60) per share through a secondary offering. This move comes after a remarkable year for the Japanese sportswear company, with its stock price surging over ...
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ArticleMichelle Obama’s Plezi Nutrition joins forces with Stephen and Ayesha Curry
Plezi Nutrition, a public benefit company co-founded by former First Lady Michelle Obama in 2023, is teaming up with Stephen and Ayesha Curry as investors and brand partners.
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ArticleDecathlon sets up new business entity for investments in future-oriented companies
Decathlon announced the creation of Decathlon Pulse, a wholly-owned, independent entity within the group that will invest in “innovative people and businesses” that share the company’s values and commitment.
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News briefsLululemon among backers of latest $65 million Samsara Eco funding round
Australian recycler Samsara Eco has raised about US$65 million in its latest funding round. Investors include Singapore state investment company Temasek, Hitachi’s venture capital arm, and Lululemon, which earlier this year started selling a jacket made from Samsara Eco’s recycled polyester. The latest round will be used by Samsara Eco ...
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ArticleIndian fabric supply chain startup raises $1.6 million
Fabriclore, an Indian technology-enabled fabric sourcing platform for fashion companies, announced that it has received $1.6 million in funding led by Bengaluru, India-based PeerCapital and UAE-based Regal Fabrics. Founded in 2016 by entrepreneurs Vijay Sharma, Sandeep Sharma and Anupam Arya, Jaipur-based Fabriclore owes its success to its eight years of ...
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News briefsIndoor pickleball franchiser raises its valuation
Pickleball Inc. has led a Series B round of funding for The Picklr, a North American franchise of indoor pickleball courts, with free leagues, tournaments and clinics. The company has now brought in $9 million, raising its valuation to about $59 million. In a little more than a year, The ...
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News briefsHas Shein already filed for an IPO?
We have been waiting for Shein to file for an IPO somewhere. According to Reuters, however, the filing appears already to have happened, in early June. It was done confidentially and in London. It seems, Reuters writes, that Shein has “updated China’s securities regulator officially about its change of listing ...
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ArticleUnrivaled Sports invests in indoor action sports center alongside White
US-based youth sports holding company Unrivaled Sports, founded in March by David Blitzer, Josh Harris and The Chernin Group (TCG), has made a strategic investment in Snöbahn, the operator of indoor action sports centers with two locations in Colorado. In addition, the company announced a strategic investment in its action ...
