Latest Corporate and M&A
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News briefsKelme centralizing operations
Back under European control, the Spanish sportswear brand is looking for synergy.
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ArticleLululemon CEO to step down amid sales slowdown
Calvin McDonald will leave Lululemon at end of January; CFO Meghan Frank and CCO André Maestrini named interim co-CEOs as company faces tariffs and rivals like Alo Yoga.
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ArticleVirat Kohli invests in Agilitas Sports
Virat Kohli has invested ₹40 crore (€4.3 million) in the sporting goods manufacturing startup Agilitas to grow his One8 lifestyle label, deepening ties with Puma and expanding into new categories.
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ArticleKKR eyes acquisition of sports investor Arctos
Investment giant KKR is reportedly looking to acquire Arctos Partners, a sports-focused private equity firm with stakes in major teams across US leagues.
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News briefsHugo Boss unveils strategic overhaul
Hugo Boss unveils CLAIM 5 TOUCHDOWN strategy, projecting mid- to high-single-digit sales decline in 2026 before returning to growth, as major shareholder Frasers Group maintains confidence in the turnaround.
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News briefsTopgolf Callaway sells 60% Topgolf stake
Topgolf Callaway Brands Corp. has agreed to sell a 60 percent stake in its Topgolf and Toptracer business to Leonard Green & Partners in a deal valuing the business at approximately $1.1 billion.
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ArticleOne of MLB’s 2025 runner-ups might soon be for sale
The Seidler family, controlling owners of the San Diego Padres, are exploring strategic options including a potential sale of their stake in the Major League Baseball franchise, with BDT & MSD Partners advising on the process.
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ArticleVF sells Dickies to Bluestar for $600m
VF Corporation has completed the sale of its Dickies brand to Bluestar Alliance LLC for $600 million in cash, aiming to sharpen its focus on core outdoor and active assets.
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ArticleFila opens brand experience hub in Biella
Fila has opened a brand experience center in Biella, Italy, reconnecting with its heritage under Anta Sports Group ownership.
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News briefsPuma opens logistics hub near Strasbourg
Puma has opened a 41,000-square-meter logistics hub in Vendenheim, near Strasbourg, operated by ID Logistics and designed to boost sustainable distribution.
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ArticleZoot Sports buys European distributor
US triathlon brand Zoot Sports has acquired its European distributor, Tailwind Brands, to strengthen its presence in Europe’s growing triathlon market and triple revenue over three years.
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News briefsPuma to cut 900 corporate jobs
The targeted reduction of around 900 white-collar roles will be finalized by the end of 2026.
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ArticleNFL owners approve three partial sales
NFL owners approve equity deals for the New York Giants, New England Patriots, and San Francisco 49ers, marking the league’s continued embrace of private investment in franchises.
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News briefsMoncler inaugurates new Milan Headquarter
Casa Moncler spans a total area of 77,000 square meters.
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News briefsFootway seeks new owners for Sportamore and other e-commerce brands
Footway OaaS AB has started the sale of twelve debt-free e-commerce brands, aiming to find suitable new owners.
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News briefsOakley Capital acquires majority stake in Nox
The padel brand’s current owners and the Nox founder and CEO Jesús Ballvé, are reinvesting alongside Oakley Capital
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News briefsNike renames world headquarters after co-founder Phil Knight
The 400-acre world headquarters in Portland, Oregon, will be called the Philip H. Knight Campus.
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News briefsIntersport France to buy much of Intersport Spain
Intersport France has all but acquired Intersport Spain’s buying group and brand as well as some of its suppliers and a sizeable share of its workforce, according to the sources of Modaes. Because the latter is in liquidation, the acquisition will require judicial approval. Intersport France’s bid, for €300,000, is ...
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ArticleFerrari expands lifestyle strategy with flagship stores and experiences
Ferrari is accelerating its lifestyle strategy beyond racing, planning flagship store openings while expanding its luxury goods portfolio and DTC experience.
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News briefsFrasers Group acquires majority stake in U.S. luxury retailer The Webster
The owner of Sports Direct and Flannels is further strengthening its position in the global premium and luxury retail segment.