M&A – Page 7
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ArticleAuthentic Brands Group makes binding offer to acquire Boardriders
Authentic Brands Group (ABG), a global brand development, marketing and entertainment platform that owns more than 40 lifestyle, entertainment and media brands, including Reebok, Eddie Bauer, Spyder, Volcom, Airwalk, Nautica, Prince or Sports Illustrated, announced March 31 that it had made a binding offer to acquire Boardriders, the global action ...
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News briefsHurley owner acquires fashion brand Scotch & Soda
Bluestar Alliance, a New York-based brand management company that also owns the Hurley surf brand, has announced the acquisition of Amsterdam-based fashion brand Scotch & Soda. The acquisition by Bluestar Alliance will allow Scotch & Soda and its products to continue in key markets, including the Netherlands, approximately one week ...
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News briefsSports Direct parent interested in Go Sport?
Michael Murray, CEO of U.K.-based Frasers Group, Sports Direct’s parent company, told Bloomberg that buying the French chain Go Sport out of bankruptcy would allow his group to operate in France “with some authority rather than opening store by store,” which would significantly bolster Frasers’ plans to expand its sports ...
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News briefsCrash helmet sensor specialist Tocsen changes hands
Aleck, a manufacturer of wireless audio and communication systems for outdoor sports, has acquired Tocsen, a German brand of smart crash sensors for bicycle, snow and riding helmets. Tocsen was established in 2019 by Alexander Schumacher, Andreas Botsch and Malte Buttjer. The first Tocsen crash sensor was ...
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News briefsFútbol Emotion acquires Basket Revolution
Fútbol Emotion, the Spanish sports equipment retailer specializing in football that is part of Grupo Tansley, has acquired Basket Revolution, a specialty retailer that sells basketball footwear, apparel, accessories and equipment. The financial details of the transaction have not been disclosed. As we reported just a few days ago, Fútbol ...
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News briefsNPD and IRI unveil rebranding
IRI and NPD have unveiled a new combined company name and brand identity following their merger, which was announced in April 2022. The complex consumer behavior advisor will now be known as Circana (pronounced “Sir-kah-na”). Circana tracks millions of products spanning 2,000+ categories across 500,000+ stores in 20 countries, with ...
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News briefsThe Athlete’s Foot acquires Sneakers Market S.A. in Greece
Lifestyle and footwear retailer The Athlete’s Foot (TAF) has closed the acquisition of Sneakers Market SA, a subsidiary of Fourlis Group that operates TAF stores in Greece. The deal follows the takeover of TAF globally by Arklyz Group in 2021 and marks the beginning of a new strategic direction for ...
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News briefsAuthentic Brands Group is reportedly interested in Hunter Boots
Authentic Brands Group (ABG), the owner of Reebok, is reportedly among the parties interested in Hunter Boot, according to Sky News. Neither ABG nor Hunter have confirmed the information, adds the report. Hunter, founded in 1856, is one of only ten companies to hold two royal warrants. The company is ...
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News briefsFútbol Emotion acquires Yulava Connect
Spanish sports equipment retailer Fútbol Emotion, part of Grupo Tansley, has added the Yulava Connect mobile application to its portfolio. The financial details of the transaction have not been disclosed. Yulava was founded in 2017 by Julián Ángel Daroqui and Jose María Viu. The Yulava app helps football clubs through ...
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News briefsBritish sports retailer reportedly interested in Go Sport
According to Sport Guide, which refers to “several concordant sources,” Frasers Group plans to make an offer for Go Sport, the French retailer currently undergoing a rough patch. Go Sport, which operates 223 stores in France, was placed in receivership by the Commercial Court of Grenoble in January. The court ...
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News briefsWeSports completes acquisition of Kraftmark
Stockholm-based group WeSports, through its subsidiary Vartex – a Nordic provider of fitness equipment and services – announced today that it has completed the full acquisition of the Swedish fitness and sporting goods company Kraftmark. WeSports acquired the Kraftmark brand and its trademarks in October 2022. When Kraftmark’s Swedish distribution ...
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ArticleIs ABG buying Boardriders?
Jamie Salter-led Authentic Brands Group (ABG) may be on the verge of landing another big fish for its portfolio of brands. Recent developments suggest Oaktree Capital-controlled Boardriders is on the verge of selling its portfolio of largely surf-focused brands, led by Quiksilver and Billabong, and ABG appears in a position ...
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News briefsQatari investors are reportedly targeting Manchester United
Daily Mail has revealed that a Qatar-based consortium of private investors is planning to bid for Manchester United. The group is set to make an offer by Friday, Feb. 17, the deadline set by the club’s current owners, the Glazer family. The British tabloid paper has also revealed that UEFA, ...
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News briefsWolverine sells Keds to North American retailer
Wolverine Worldwide has divested Keds, which it acquired in 2012 as part of its $1,249.5 million acquisition of the assets of the former Performance Lifestyle Group (PLG), for $83.6 million in cash to North American retailer Designer Brands Inc. The sale also includes the Pro-Keds athleisure brand and Keds’ e-commerce ...
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News briefsGo Sport to acquire Gap France amidst uncertain future
Parent company Hermione People & Brands has confirmed in a short statement that its French sports retail chain subsidiary Go Sport will acquire the master franchise for Gap in France. French investigative online newspaper Mediapart originally unveiled the information on Jan. 10. According to Mediapart, Go Sport and Gap France ...
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ArticleRobby Naish has sold his company
Netherlands-based Kubus Sports, a distribution platform founded in 1970 for high-end sporting goods brands covering various niche sports, has acquired Nalu Kai Incorporated, the Maui-based operating company of the Naish brand, and its subsidiary Pacific Board Sports, Naish’s U.S. distributor. Naish is the well-known Maui-based company of ...
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ArticleRe:store acquires fashion and lifestyle marketplace Trouva
Trouva, a London-based online marketplace focused on showcasing independent boutiques and brands focused on homewares, fashion and lifestyle, has been acquired by Cambridge-based startup Re:store from its previous owner, the clothing brand Next. Terms of the deal were not disclosed. In its press release, Trouva states that Re:store’s goal with ...
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News briefsNew co-owners for long-standing Austrian retailer Strolz
Austrian newspaper Kleine Zeitung reported that well-known sports and fashion retailer Strolz of Lech – founded in 1921 and best known for its handmade, personally customized ski boots – has gained new shareholders: Hugo Boss CEO Daniel Grieder, manager Siegfried Wolf and local real estate project manager Reinhard Wolf are ...
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News briefsEagle Football acquires Ligue 1 club Olympique Lyonnais
Eagle Football Holdings Bidco Limited, a London-based group founded by digital entrepreneur and soccer enthusiast John Textor with stakes in English Premier League club Crystal Palace, Brazilian Serie A club Botafogo de Futebol e Regatas and Belgian First Division B club RWD Molenbeek, announced today that it has acquired a ...
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News briefs
VF is said to be interested in selling JanSport
According to Bloomberg citing „people with knowledge of the matter,” VF Corp is considering selling the JanSport backpack and adventure luggage brand. There are no details of a potential investor revealed whatsoever. Shares of VF, the owner company of The North Face (TNF), Vans and Timberland brands, have dropped by ...
