More corporate news
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ArticleLululemon CEO to step down amid sales slowdown
Calvin McDonald will leave Lululemon at end of January; CFO Meghan Frank and CCO André Maestrini named interim co-CEOs as company faces tariffs and rivals like Alo Yoga.
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ArticleVirat Kohli invests in Agilitas Sports
Virat Kohli has invested ₹40 crore (€4.3 million) in the sporting goods manufacturing startup Agilitas to grow his One8 lifestyle label, deepening ties with Puma and expanding into new categories.
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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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News briefsPuma opens logistics hub near Strasbourg
Puma has opened a 41,000-square-meter logistics hub in Vendenheim, near Strasbourg, operated by ID Logistics and designed to boost sustainable distribution.
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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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News briefsMoncler inaugurates new Milan Headquarter
Casa Moncler spans a total area of 77,000 square meters.
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News briefsNike renames world headquarters after co-founder Phil Knight
The 400-acre world headquarters in Portland, Oregon, will be called the Philip H. Knight Campus.
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ArticleFerrari expands lifestyle strategy with flagship stores and experiences
Ferrari is accelerating its lifestyle strategy beyond racing, planning flagship store openings while expanding its luxury goods portfolio and DTC experience.
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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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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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News briefsNew Balance opens expanded Central Maine factory
The expansion represents a $65 million investment.
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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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C-Suite InterviewIntersport CEO Foley highlights running boom, stresses local approach
Tom Foley says that running is Intersport’s standout category, while outdoor has not yet reached former levels.
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Case StudyPeak – A quiet champion
When the German basketball team was crowned European Champions, the logo gracing its jerseys was neither swoosh nor stripes, but a triangular shape with four letters underneath: P E A K.
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News briefsInterloop invests in export-oriented garments facility on the Suez Canal
The apparel manufacturer has announced a US$35.2 million investment for a plant in Egypt.
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News briefs3G completes the acquisition of Skechers
3G Capital completed the acquisition of Skeckers, taking the US footwear company private.
