Nike cuts jobs for third time in three years
The sportswear giant is reducing warehouse staff in Mississippi and Tennessee as it accelerates automation and adjusts to current order volumes.
How Anta can help Puma to come back in China
Industry insider explains why the Chinese sportswear giant has what it takes to reverse Puma’s decline.
Transition over, new chief executive in place at JD-owned ISRG
Iberian Sports Retail Group (ISRG) has a new General Manager in José Pérez-Milá, Diffusion Sport and others report. He is replacing CEO Francesc Casabella, who has left the group.
Topgolf Callaway reverts to Callaway name
The sporting goods company completes rebranding following strategic review, emphasizing golf equipment heritage while retaining Topgolf operations.
Real Madrid clarifies private investment plan
Real Madrid President Florentino Pérez has clarified the club’s private investment plan, proposing a 5% equity subsidiary to attract investors.
Real Madrid to vote on private investment plan
Real Madrid president Florentino Pérez will present a plan to the club’s general assembly on November 23 to sell 5 to 10 percent of the club to private investors whilst preserving the traditional socio ownership model.
Puma revamps US licensing model
Puma is shifting its US sock and underwear business to a new licensing model with United Legwear & Apparel Co. (ULAC), aligning operations under one global partner.
Real Madrid might open up to outside investors
President Florentino Pérez wishes to open up the ownership
Troubled Intersport Spain establishes new subsidiary
The new entity is headquartered in Madrid, rather than Barcelona.
Debt-burdened Luanvi strikes licensing and distribution deal
Luanvi entered into voluntary bankruptcy in July, with a debt of about €10 million.
