News briefs - Corporate and M&A – Page 6
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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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News briefsArena expands its ‘Made in Italy’ eyewear production line
The Italian brand is setting up a new production facility in its Italian factory to produce swim goggles made in Italy.
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News briefsWorld’s biggest indoor pickleball club coming to Arizona
According to Scottsdale.com, the club will cover 11 acres and offer at least 50 indoor and outdoor courts
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News briefsExecutives from On and Golden Goose have reportedly met
Sources close to Golden Goose within an Italian daily newspaper deny plans for the brand’s takeover.
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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 briefsXXL to conduct an underwritten rights issue to secure €60 million
The company says that the issue is fully secured and that it has also agreed with lenders to extend its loan facilities.
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News briefsMoncler ready for more luxury as it eyes a British gem
Shares in Burberry have risen by 6 percent after reports suggested Italian rival Moncler may be considering a bid for the British luxury fashion brand.
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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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News briefsGoPro to reduce workforce by 26%
The reduction is part of an updated restructuring plan, GoPro has announced.
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News briefsWomen-specific football shoe manucfacturer Ida Sports has closed a new funding round
Ida Sports, which has produced women specific football shoes since 2020, has now gained support from well-known Michele Kang’s Kynisca Sports Int’l.
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News briefsPermira acquires 40% stake in K-Way
Marco Boglione, Chairman and Founder of BasicNet, called the agreement a crucial moment for the company.
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News briefsDecathlon Pulse invests in Rebike to boost refurbished e-bikes market
The investment aligns with Decathlon’s strategy of accelerating sustainability.
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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 briefsAnother American ski resort acquired by a company
Another American ski resort has been acquired by a company and the trend of corporate ski mountain takeovers continues.
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News briefsGhost has raised $40 million in funding
Ghost has raised $40 million in Series C funding led by L Catterton.
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News briefsSurrey to get Europe’s biggest pickleball and padel club
The councillors of Waverley Borough, in the British county of Surrey, have approved plans for the conversion of a vacant, 57,600-square-foot warehouse into Europe’s largest club for pickleball and padel, according to The Padel Paper. The HOPP, as the club will be called, was conceived by Sally Grace and Andre ...
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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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News briefsAllyson Felix launches company to empower women
Felix is joined by business partner and brother Wes Felix and sports executive Cosette Chaput.
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News briefsWeSports keeps growing – acquires another company
WeSports is expanding its portfolio with the acquisition of Nordic Floorball. The company now owns 47 sports e-commerce platforms.
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News briefsFootasylum secures £35 millions in new funding
The funding package will support store expansion, sustainability and potential acquisitions.
