Latest headlines – Page 9
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News briefsFIS and ESA work together to drive sustainability in snow sports
A new partnership uses space technology to address sustainability challenges in snow sports.
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ArticleDb CEO after LVHM’s investment – ‘We’re harnessing the tremendous demand from the US’
Db, backed by LVMH, aims to redefine premium travel gear for creatives worldwide. SGI Europe spoke with CEO Richard Collier about how this partnership could be a success for both.
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ArticleZalando is snapping up About You
German online retailer Zalando has said it will acquire fashion group About You in a deal valued at €1.1 billion.
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News briefsFrasers Group signals intention to buy XXL
Frasers Group, which owns 25.8 percent of XXL, has announced its intention to voluntarily offer all outstanding shares of XXL ASA.
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ArticleDb bags investment from LVMH Luxury Ventures Fund
Backed by the minority investment fund sponsored by LVMH, Db aims to redefine premium travel gear for creatives around the globe.
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ArticleNew CEO of Houdini who strengthens leadership for global growth strategies
The outdoor brand announces leadership changes to innovate and scale responsibly in key global markets.
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News briefsFrasers Group cancels XXL’s plan, forcing it to set up new company to solve crisis
At the recent extraordinary general meeting, the UK-based Frasers Group stopped an attempt to raise NOK 600 million (€60m) to stop an acute liquidity crisis.
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News briefsFootway Group changes company´s name
Footway Group has decide to change the name of the company to Ecom Teams Sweden AB
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ArticleDecathlon to expand heavily in Germany – 60 new store openings by 2027
60 new store openings and €100 million invested in new locations and modernizations. Decathlon Germany’s expansion plans until 2027 are, to say the least, massive.
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News briefsSave the Duck targets €200 million annual revenues in five years
The Milan-based brand plans to open 30 or more new stores in three to four years.
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News briefsHanesBrands closes distribution center in the US
75 people lost their jobs when HanseBrands closed down its distribution center in the southeast of the US.
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ArticleLeki and Hestra announce gear partnership
The winter sports equipment brands are joining forces to introduce a new glove line in winter 2025/26.
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News briefsGoPro to reduce workforce by 26%
The reduction is part of an updated restructuring plan, GoPro has announced.
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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 briefsPadel automation company expanding into other sports
Smart Padel is expanding automation to fitness studios and golf clubs.
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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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ArticleVail Resorts lays off 14% of corporate staff following quarterly report
Jobs in accounts receivable, payroll, and IT will be consolidated or outsourced to save $100 million over the next two years.
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ArticleXponential Fitness expands to Asia with boxing studio
Rumble Boxing is expanding into Japan with a studio in Tokyo.
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News briefsNew Balance opens new EMEA headquarter
The new EMEA headquarters of New Balance, located in a former bike factory, focuses on a good working environment.
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ArticleFootway has sold Footway+ and halves its net debt
Footway Group has announced the sale of its subsidiary Footway OaaS AB (Footway+) for SEK 27 million (€2.4m).
