Latest Corporate and M&A – Page 2
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ArticleReusch opens new headquarters near Milan as part of long-term European growth strategy
Reusch inaugurates new €20 million headquarters in Vignate to strengthen logistics and European operations.
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ArticleWorldly acquires GoBlu to unify environmental and chemical data management
Worldly acquires GoBlu and its BHive platform to build a system connecting environmental data with chemical compliance.
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ArticleASB GlassFloor launches Swiss subsidiary to expand digital sports flooring business
ASB GlassFloor launches AES in Switzerland with €30 million equity to scale global LED sports floor business and expand digital fan engagement solutions.
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News briefsVF Corp uses divestment proceeds to cut debt as Vans weakness persists
VF Corp is channeling proceeds from recent brand divestments toward debt reduction.
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ArticleCircular sales grow as Decathlon cuts emissions
The France-based sporting goods retailer reports measurable progress on sustainability, driven by circular business and supply chain action.
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ArticleNew England Patriots to sell 8%
The New England Patriots, of the National Football League (NFL), are putting an 8 percent stake up for sale, according to Sports Business Journal (SBJ). The team is at present owned in its entirety by Robert Kraft, founder, chairman and CEO of The Kraft Group. According to SBJ’s sources, there ...
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ArticlePeloton launches commercial hardware line and AI coaching program
Peloton enters commercial fitness with Pro Series hardware and AI-driven coaching, marking the next phase of its turnaround.
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ArticleLVMH expands in South Korea as luxury demand shifts from China and the US
Louis Vuitton and Christian Dior are both planning to expand their flagship maison-style stores in Seoul.
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News briefsItalian football club Como 1907 launches start-up platform with The Players Fund
The initiative will give start-ups a chance to test and scale.
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News briefsNew Balance opens expanded Central Maine factory
The expansion represents a $65 million investment.
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News briefsXponential Fitness divests Lindora stake
Xponential Fitness, a global franchisor of boutique health and wellness brands, has completed the divestiture of Lindora to Next Health Management Group. “The Lindora divestiture will allow Xponential to focus the Company’s time and capital on our core fitness modalities with the greatest impact to our profitability,” says Mike Nuzzo, ...
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ArticleStrava is preparing for IPO
Recent Strava hires CFO Matt Anderson and Chief Marketing Officer Louisa Wee have IPO experience with NextDoor and Block.
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News briefsReusch relocates to new Milan headquarters and logistics facility
The new HQ is located in Vignate, near Milan.
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News briefsAmer Sports growth targets driven by Arc’teryx expansion
The group sets aggressive 2030 revenue goals for its flagship brand while accelerating global retail expansion.
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ArticleICIW sales exceed SEK 360 million and EBIT increases by 60%
A clear community focus, and successful international expansion, are some important keys, the companys CEO said.
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News briefsActive Brands Group and Imbox in new partnership deal
The two companies can now the offer its retail customers Imbox’s patented services in protection of footwear and headwear.
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News briefsPuma share price jumps amid takeover rumors involving Adidas, CVC and ABG
Takeover rumors around Puma have intensified, with reports linking the brand to CVC, ABG and Adidas.
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ArticleVF Corp. sharpens focus on Vans and The North Face
After selling Dickies to Bluestar, VF Corp. is sharpening its focus on Vans’ turnaround, The North Face’s fashion push, and Timberland’s revival.
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News briefsAsics’ new head office in Tokyo
The office is designed to promote activity-based working and foster collaboration between different teams at Asics.
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ArticleElan Sports Director promises better service for retail partners
Leon Korošec explains the current leadership changes.