All Restructuring articles
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News briefsReal Madrid clarifies private investment plan
Real Madrid President Florentino Pérez has clarified the club’s private investment plan, proposing a 5% equity subsidiary to attract investors.
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ArticleReal Madrid to vote on private investment plan
Real Madrid president Florentino Pérez will present a plan to the club’s general assembly on November 23 to sell 5 to 10 percent of the club to private investors whilst preserving the traditional socio ownership model.
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ArticlePuma revamps US licensing model
Puma is shifting its US sock and underwear business to a new licensing model with United Legwear & Apparel Co. (ULAC), aligning operations under one global partner.
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ArticleReal Madrid might open up to outside investors
President Florentino Pérez wishes to open up the ownership
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News briefsTroubled Intersport Spain establishes new subsidiary
The new entity is headquartered in Madrid, rather than Barcelona.
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News briefsDebt-burdened Luanvi strikes licensing and distribution deal
Luanvi entered into voluntary bankruptcy in July, with a debt of about €10 million.
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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 briefsIntersport Spain on the brink
Intersport Spain will either come to terms with its creditors by Sept. 1 or face liquidation
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ArticleLe Coq Sportif saved, now in Franco-Swiss hands
The Franco-Swiss Mamane’s group will be investing €70 million in the brand.
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News briefsRevenue decline amid strategic restructuring for Accell Group
The Dutch bicycle manufacturer shares progress on its restructuring after a year marked by revenue decline, one-offs and supply chain adjustments.
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ArticleSport 2000 Austria shifts to retail service model
Austria’s leading sporting goods group reorganizes to enhance service, partner integration and future growth under a new strategic structure.
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ArticleEcom Teams insolvent following dispute with Danske Bank
Ecom Teams (former Footway Group) intends to report its bank’s actions to the Swedish Financial Supervisory Authority for investigation.
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ArticleIntersport Spain files for insolvency
Operations continue and, the company hopes, will endure.
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News briefsQuiksilver, Billabong, Volcom stores shuttering in US and Canada
Liberated Brands, North American licensee for surf and skate brands like Quiksilver, Billabong and Volcom, filed for Chapter 11 bankruptcy protection in the state of Delaware on Jan. 2–3, according to SGB Media. Liberated had been handling these accounts since 2023. The brands themselves live on.
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News briefsNew round of layoffs at VF Corporation
The owner of Vans, The North Face and other popular brands is going through a major turnaround plan.
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ArticleRetailer Sneakersnstuff – from €100m in turnover to bankruptcy
Sneakersnstuff, or SNS, is no more. The sneaker company that grew from a single shop in Stockholm in 1999 to a global brand with stores in New York, London and Tokyo and a turnover of €100m, has filed for bankruptcy. But maybe it’s not yet over, if one of the founder’s gets what he wants.
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ArticleAdidas to close offices of sports app developer Runtastic in Austria
The closure affects 170 employees as part of the German company’s strategic shift to centralize digital operations.
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ArticleGaleria’s insolvency proceedings completed, restart under own management
The insolvency proceedings of the German department store chain, formerly Galeria Karstadt Kaufhof, have been successfully concluded after almost seven months with the implementation of an insolvency plan.
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News briefsPIF seeks 50 percent of Selfridges
Saudi Arabia’s Public Investment Fund has reportedly offered to raise its stake in the department store chain.