Latest Corporate and M&A – Page 12
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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 briefsPermira acquires 40% stake in K-Way
Marco Boglione, Chairman and Founder of BasicNet, called the agreement a crucial moment for the company.
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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 briefsK2 Sports Europe GmbH is renamed EOC Europe GmbH
K2 Sports Europe GmbH has announced that it is officially renamed EOC Europe GmbH.
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News briefsAnother American ski resort acquired by a company
Another American ski resort has been acquired by a company and the trend of corporate ski mountain takeovers continues.
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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 briefsSurrey to get Europe’s biggest pickleball and padel club
The councillors of Waverley Borough, in the British county of Surrey, have approved plans for the conversion of a vacant, 57,600-square-foot warehouse into Europe’s largest club for pickleball and padel, according to The Padel Paper. The HOPP, as the club will be called, was conceived by Sally Grace and Andre ...
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C-Suite InterviewArena CEO Peter Graschi: “I am sure that swimming is becoming more and more popular”
We spoke to Peter Graschi about the importance of major sporting events, what this means for the marketing, his predictions for the future of swimming and his plans for sustainability.
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News briefsAuthentic Brands Group and Saks Global launch new luxury platform
Authentic Brands Group and Saks Global are partnering to create a new joint venture called Authentic Luxury Group (ALG).
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News briefsAllyson Felix launches company to empower women
Felix is joined by business partner and brother Wes Felix and sports executive Cosette Chaput.
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News briefsWeSports keeps growing – acquires another company
WeSports is expanding its portfolio with the acquisition of Nordic Floorball. The company now owns 47 sports e-commerce platforms.
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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 briefsEssilorLuxottica completes acquisition of Supreme from VF Corp
The purchase price VF will pay for the streetwear company is $1.5 billion in cash.
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ArticleIntersport Spain is raising €8 million in capital
Things are “very delicate” for Intersport S.L., which is hoping to raise €8 million in capital.
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News briefsLVMH, Ruffini agree on Moncler stake limit
LVMH and Ruffini Partecipazioni agreed not to increase their shareholdings in Moncler to more than 20% over the next three years following a recent increase in LVMH’s stake.
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News briefsKlarna Checkout sold in billion deal and becomes Kustom
The new fintech company, named Kustom, is now establishing itself as the leading digital checkout solution in the Nordic market.
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News briefsAlantra acquires majority stake in sports textiles producer SPW Fabrics
SPW Fabrics supplies global brands like Le Coq Sportif, Puma, Adidas, Rapha, Gobik, and Banana Moon.
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News briefsAltor acquires majority stake in CCM Hockey
Altor invests in the iconic Canadian hockey equipment brand to support growth and to expand it into new markets and product segments.
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ArticleBahrain to open first surf park in the Middle East
The kingdom in the Persian Gulf will soon be home to the Middle East’s first artificial surf park, featuring Wavegarden technology.
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News briefsLVMH acquires 10% of shares in Double R, strengthening ties with Moncler
The partnership is meant to strengthen Ruffini Partecipazioni Holding’s position as the largest shareholder in Moncler.
