All Financing articles – Page 4
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News briefsProfessional Triathletes Organisation announces funding round led by SURJ
The new funding will support PTO’s next phase of growth and promote PTO’s expansion into the MENA region.
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News briefsNHL icon takes minority stake in CCM
The current head coach of the Montreal Canadiens has become a shareholder in the elite hockey equipment manufacturer.
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News briefsMeta invests €3bn in EssilorLuxottica
The US tech giant deepens its ties with its smart glasses partner.
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ArticleBain may consider selling its Canada Goose stake
Canada Goose’s majority owner is reportedly exploring a potential sale amid recent financial gains and evolving market dynamics.
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News briefsShein files for Hong Kong IPO
The fast-fashion e-commerce giant seeks Hong Kong listing to influence UK regulators amid stalled London plans.
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News briefsPerfect Moment closes float of 10m shares
Perfect Moment has closed its public offering of 10 million shares of common stock at $0.30 per share. The skiwear producer has in addition granted the underwriters a 45-day option to purchase another 1.5 million shares, to cover any over-allotments. The offering is expected to generate gross proceeds of $3 ...
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News briefsDick’s Sporting Goods leads $120m investment in Unrivaled Sports
The funding round also included Dynasty Equity, LionTree, Miller Sports & Entertainment and existing investor The Chernin Group.
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ArticlePlaytomic raises $70m in funding round
The fundraising will primarily fuel US expansion and product development.
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News briefsZelus Sport receives investment from Sullivan Street Partners
Zelus is Nike Inc.’s exclusive authorized global licensee for team sports.
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ArticleColumbia reports a 21% gain in operating income FY24
Columbia Sportswear plans to revamp marketing, review costs and expand globally to counter a challenging FY24.
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News briefsReports: Castore considers eventual IPO
The decade-old UK sportswear brand, led by sibling founders Tom Beaton and Phil Beaton, is reportedly considering an eventual initial public offering (IPO) for the business.
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News briefsSaudi Arabia pours another €18m into Newcastle United
Swedish Alexander Isak´s Newcastle United gets even more money from the Saudis, which now invests €18 million in the Premier League club.
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ArticleXXL can finally move forward – rights issue raising €60m secured
Norwegian sporting goods retailer XXL has finally gotten the go-ahead from its major shareholders, including UK-based Frasers Group, to carry out a rights issue that will raise NOK 600 million (€60m) for the company.
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News briefsFrasers Group signals intention to buy XXL
Frasers Group, which owns 25.8 percent of XXL, has announced its intention to voluntarily offer all outstanding shares of XXL ASA.
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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.
