Latest headlines – Page 2
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News briefsReal 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.
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News briefsAsics acquires race platform leaders in Spain and Thailand
Asics Corporation has acquired race registration leaders Deporticket (Spain) and Thaidotrun (Thailand) to significantly expand its digital running ecosystem across two key regions.
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ArticleReal 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.
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ArticleFoot Locker scraps HQ move to St. Pete in Florida
Foot Locker has canceled its previously announced move to St. Petersburg, Florida, citing a corporate strategy reset after its $2.4 billion acquisition by Dick’s Sporting Goods.
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ArticlePlanet Fitness charts growth for 2026-28
At its Nov. 13 Investor Day, Planet Fitness unveiled four priorities and long-term financial goals: low-double-digit revenue growth, 6-7 percent unit growth and mid-teens EBITDA CAGR.
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ArticleJD Sports CEO awarded €5m share package
Under a new long-term incentive plan, JD Sports Fashion has granted CEO Régis Schultz and CFO Dominic Platt share awards worth up to €6.7 million.
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ArticlePuma 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.
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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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ArticleAtomic enters apparel market to expand long-term brand strategy
Austrian ski brand Atomic will enter the alpine apparel market in winter 2025/26, marking its largest portfolio expansion in decades as the company aims to build a comprehensive winter lifestyle brand beyond equipment.
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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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ArticleReal Madrid might open up to outside investors
President Florentino Pérez wishes to open up the ownership
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ArticleSporting Goods brands quietly retreat from DEI messaging
Major sporting goods companies are quietly revising or rephrasing their diversity, equity, and inclusion commitments.
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ArticleGiorgio Armani Group appoints Giuseppe Marsocci as new CEO
Marsocci, who has been with the company for more than 20 years, previously served as Deputy Managing Director and Global Chief Commercial Officer.
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ArticleAdidas’ record Penn State deal faces backlash amid university turmoil
The announced $300 million partnership with Penn State has quickly turned controversial, with trustees alleging exclusion.
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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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News briefsTroubled Intersport Spain establishes new subsidiary
The new entity is headquartered in Madrid, rather than Barcelona.
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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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News briefsNFL to expand into flag football
The National Football League will establish professional leagues for men’s and women’s flag football.
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ArticleNBA to sell franchises in BAL
According to NBA Commissioner Silver, who cites the UN, 25 years from now 40 percent of the young will be living in Africa.
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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.
