News briefs - Corporate and M&A
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News briefsHugo Boss unveils strategic overhaul
Hugo Boss unveils CLAIM 5 TOUCHDOWN strategy, projecting mid- to high-single-digit sales decline in 2026 before returning to growth, as major shareholder Frasers Group maintains confidence in the turnaround.
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News briefsTopgolf Callaway sells 60% Topgolf stake
Topgolf Callaway Brands Corp. has agreed to sell a 60 percent stake in its Topgolf and Toptracer business to Leonard Green & Partners in a deal valuing the business at approximately $1.1 billion.
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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 briefsFootway seeks new owners for Sportamore and other e-commerce brands
Footway OaaS AB has started the sale of twelve debt-free e-commerce brands, aiming to find suitable new owners.
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News briefsOakley Capital acquires majority stake in Nox
The padel brand’s current owners and the Nox founder and CEO Jesús Ballvé, are reinvesting alongside Oakley Capital
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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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News briefsIntersport France to buy much of Intersport Spain
Intersport France has all but acquired Intersport Spain’s buying group and brand as well as some of its suppliers and a sizeable share of its workforce, according to the sources of Modaes. Because the latter is in liquidation, the acquisition will require judicial approval. Intersport France’s bid, for €300,000, is ...
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News briefsFrasers Group acquires majority stake in U.S. luxury retailer The Webster
The owner of Sports Direct and Flannels is further strengthening its position in the global premium and luxury retail segment.
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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 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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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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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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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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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.
