News briefs - Corporate and M&A – Page 3
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News briefsAntitrust review period extended for Foot Locker - Dick’s partnership
Foot Locker and Dick’s Sporting Goods have agreed to voluntarily extend the waiting period to their proposed strategic partnership.
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News briefsRouvy acquires Bkool to expand indoor cycling business
Czech-based indoor cycling platform Rouvy announced the acquisition of Bkool for an undisclosed amount.
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News briefsDanish Intersport bankruptcy makes multi-million loss to bank
Danske Bank is the sole creditor, with corporate mortgages totaling DKK 172 million (€23m).
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News briefsAsics to transform facility in Japan into production hub for Onitsuka Tiger
The site also aims to become a dedicated innovation hub.
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News briefsOn opens first LightSpray factory, in Switzerland
Swiss running brand On has inaugurated its first LightSpray production facility near Zurich, marking a major step toward localized, on-demand manufacturing.
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News briefsSuma sells its stake in TradeInn to Apollo
Headquartered in Girona, Spain, TradeInn generated revenues of €554 million in 2024, making about 85 percent of its sales abroad. It first crossed the half-billion mark in 2023.
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News briefsWNBA plans three more teams
After Toronto and Portland, the league will be adding Cleveland (2028), Detroit (2029) and Philadelphia (2030).
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News briefsSport 2000 gets another facelift
Sport 2000 Group International has once again updated its logo. This is to be as visible on digital platforms as possible, the company said.
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News briefsBruno Cercley bids to take over Aqualung
The former CEO of Rossignol and former chairman of the supervisory board of Aqualung has just submitted a takeover bid.
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News briefsNew Wave buys Austrian textile company
New Wave Group has signed an agreement to acquire 100 percent of the shares in the Austrian textile wholesaler Cotton Classics Handels GmbH.
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News briefsLululemon to cut 150 corporate jobs
The move is part of a wider strategic restructuring.
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News briefsMacron grows as its future campus takes shape
Macron’s future is taking shape in Italian Valsamoggia, where the company’s headquarters, Campus, is growing.
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News briefsAmazon closes fulfilment center in Reno, Nevada
The company is currently constructing a same-day delivery facility in the city, which will replace its existing one.
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News briefsChampion inks NFL deal
Champion has secured the rights to produce licensed apparel for the NFL.
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News briefsEcco and Lowa close factories in Slovakia
The German outdoor footwear brand Lowa Sportschuhe and the Danish footwear brand Ecco are set to close their factories in Slovakia in the summer of 2025.
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News briefsSpinnova takes full control of Woodspin as it shifts strategy
A strategic review, asset write-down and major ownership adjustment have led the Finnish textile innovator to reshape its business model.
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News briefsDick’s Sporting Goods joins forces with Uber
Dick’s Sporting Goods has established a new partnership with Uber Technologies and renewed an existing one with Affirm Holdings.
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News briefsSkechers sued over its acquisition by 3G
The filing argues that Greenberg and family, who control about 60 percent of Skechers’ voting power, have “controlled the sales process to a single bidder and deprived the minority stockholders of any bidding process.”
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News briefsHelly Hansen deal completed by Kontoor Brands
Kontoor Brands, the parent of the Wrangler and Lee denim brands, was spun off from VF Corp. in 2019. The transaction was first announced on Feb. 19.
