News briefs - Corporate and M&A – Page 2
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News briefsWesports acquires Sportsmaster
The Swedish sports group is strengthening its portfolio with a Norwegian fitness specialist, with a turnover of 200 MNOK (€17.3m).
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News briefsMore on Luanvi’s savior, Revolution Sport
Revolution Sport, the new entity that has saved the Luanvi brand, turns out to be an entrepreneurial branching out on the part of Víctor Huerta, according to Expansión and others. Huerta is the owner of a family-run coffee company in Spain, Cafés Durbán. The Luanvi brand remains ...
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News briefs3G completes the acquisition of Skechers
3G Capital completed the acquisition of Skeckers, taking the US footwear company private.
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News briefsCanada Goose partners with Beside Group for Middle East expansion
The Canadian brand’s full product range will be offered across retail, wholesale and e-commerce channels.
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News briefsMost Foot Locker shareholders opt for Dick’s stock
Ahead of their upcoming merger, a large majority of shareholders in a US-based sports retailer chose stock over cash compensation.
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News briefsSkechers, 3G Capital clear regulatory hurdles
The US footwear company and private equity firm have secured all necessary approvals to proceed with their previously announced merger.
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News briefsNike to cut 1% of corporate workforce
The sportswear giant is implementing another round of layoffs as part of its organizational realignment under CEO Elliott Hill.
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News briefsCastore acquires Belstaff from Ineos
Castore has agreed to acquire 100% of the shares of the British heritage brand on a debt-free, cash-free basis.
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News briefsSpinnova ends joint venture, takes over Woodspin
The Finnish fiber innovator acquires full control of Woodspin and related assets from former joint venture partner Suzano.
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News briefsAnta and Musinsa form joint venture in China
Chinese sportswear giant Anta and Korean fashion platform Musinsa have agreed to launch a joint venture targeting Greater China.
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News briefsKlarna attempts another IPO, aiming for a valuation of up to $14bn
The Swedish payment service provider had put its IPO plans on hold in April due to Trump’s new tariffs, but sources indicate that it will now proceed.
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News briefsDick’s extends exchange offer deadline for notes
The sporting goods retailer has extended its exchange offer for Foot Locker’s senior notes ahead of the planned merger closing.
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News briefsDick’s-Foot Locker merger clears final hurdles
The US retailers move closer to finalizing their merger after receiving antitrust clearance and setting a shareholder election deadline.
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News briefs49ers running back McCaffrey joins While on earth
The NFL player has joined the young US-based performance brand as co-founder and investor to help shape its next growth phase.
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News briefsNovak Djokovic invests in Incrediwear
The company specializes in bioactive infrared fabric technology.
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News briefsNew Wave finalizes Cotton Classics acquisition
The Swedish brand group has completed its €47.6m purchase of the Austrian textile wholesaler, strengthening its position in European B2B markets.
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News briefsIntersport Spain liquidating
Banks and creditors having declined to approve its restructuring plan, Intersport Spain has been ordered by the court in Barcelona to enter liquidation, as Palco23 reports. The company – consisting of Intersport S.L., Intersport Retail One and Intersport CCS – filed for insolvency in February. Among the elements of the ...
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News briefsKatjes to acquire majority stake in Bogner
Katjes International has signed an agreement to acquire a 60% stake in German premium apparel brand Willy Bogner.
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News briefsMacron invests €15m in new HQ building
Construction is expected to be completed in 2026.
