All Strategies articles – Page 9
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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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ArticleWant your team to stay? Own it
After the Oakland Ballers have secured $2 million in start-up funding from nearly 50 local investors, fans are now asked to pitch in to help keep the baseball team in the Bay Area.
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News briefsTottenham Hotspur in crypto sponsorship
Tottenham Hotspur has announced a global brand partnership with the crypto company Kraken.
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News briefsHanesBrands to downsize headquarters after Champion sale
North Carolinian Triad Business Journal has obtained a memo revealing that HanesBrands will move from its Hanes Mill Road campus to the Park Building in downtown Winston-Salem early next year. This is part of a plan to downsize after the company has sold Champion to Authentic Brands Group. The new ...
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ArticleAfter disappointing Q2 report – XXL’s CEO: “We will cut more in 2024”
SGI Europe spoke to XXL’s CEO Freddy Sobin soon after the company released its Q2 report for 2024, which the company called ”disappointing.”
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News briefsSportsshoes.com and Adidas announces a three-year sponsorship deal
Adidas and Sportsshoes.com have announced a joint three-year sponsorship deal with the British Milers’ Club (BMC), the UK’s largest athletics club.
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ArticleDecathlon sets up new business entity for investments in future-oriented companies
Decathlon announced the creation of Decathlon Pulse, a wholly-owned, independent entity within the group that will invest in “innovative people and businesses” that share the company’s values and commitment.
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ArticleChampion expands global Creators Program with focus on design and designers
Champion has expanded its Creators Program as part of the “Champion What Moves You” campaign, which the brand launched in September 2023.
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News briefsRawlings announces trade-in program for customers
Sidelineswap, one of the world’s largest online marketplaces for new and used sporting goods, and Rawlings, a longtime leader in diamond sports, announce a comprehensive resale partnership.
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ArticleBase Detall Sport signals willingness to negotiate with Intersport Spain
The CEO of Base Detall Sport, Miquel Calzada, has told CMDsport that the Spanish buying group is ready to join forces with Intersport Spain or, indeed, any other party as long as it serves a common purpose. Base Detall Sport will not, however, be making the first move. “We, for ...
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ArticleUnder Armour to begin move to new HQ
Under Armour said it will start moving into its new global headquarters in November, the Baltimore Sun reports. By then, a first wave of employees will relocate from the current Tide Point headquarters to a signature, five-story building on the Baltimore Peninsula, which the company bought eight years ago for ...
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News briefsPlanet Fitness secures $800m for strategic refinancing
Planet Fitness, Inc. announced that it has completed its previously announced refinancing transaction. The new series of securitized notes consists of $800 million of Class A-2 senior secured notes issued in two tranches: Class A-2-I senior secured notes with an expected redemption date of five years, a principal amount of ...
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News briefsTaylorMade inaugurates expanded golf ball plant in South Korea
TaylorMade Golf has announced the official opening of its expanded golf ball plant facility at TaylorMade Golf Ball Korea (TMBK). It is the company’s third golf ball plant globally, joining its facilities in Liberty (South Carolina) and Taiwan. TaylorMade created TMBK following the acquisition of Nassau Golf Co. Ltd ...
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ArticleXXL and Frasers Group forge strategic partnership
XXL and Frasers Group are on the brink of forging a strategic partnership aimed at bolstering XXL’s dominance in the Nordic region. Frasers Group, which holds significant stakes in retail leaders like Sports Direct and over 30 percent of XXL’s Class A shares, sees XXL as uniquely positioned to strengthen ...
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News briefsZalando reshuffles its management
Zalando will be switching up its C-suite come Sept. 1 to match the change in plans that it announced in March. The objective is to increase market share in “pan-European fashion” and “lifestyle e-commerce” through B2C and B2B expansion. Co-founder David Schneider will be giving up the post of co-CEO ...
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News briefsBorn Living Yoga seeks international expansion
Born Living Yoga is targeting €25 million in revenues and is planning to rely on international growth as a driving force behind the plan. The Madrid-based activewear and athleisure label generated €18 million in revenues in 2023. In an interview with FashionNetwork.com, co-founders Alvaro Roca and Arianne Puig explained that ...
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News briefsNike unveils new innovation cycle in preparation for Olympics
Nike’s latest innovation push follows CEO John Donahoe’s recent acknowledgment of the brand’s need to enhance its product innovation pipeline, citing it was “not performing at our potential.” The forthcoming products unveiled by Nike ahead of the Paris Olympics mark the commencement of a multiyear innovation drive, introducing “game-changing innovations” ...
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ArticleChange of Iberian plans for Sprinter, Sport Zone
JD Sports will be switching 28 to 30 Sprinter and Sport Zone stores in Spain to the JD banner between now and 2025, according to Diffusion Sport. Included in this two-year development plan is the renovation of two stores in Alicante province, in the cities of Finestrat and Alicante, both ...
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News briefsSiux expanding abroad fast
Between last year and this first quarter of 2024, the pádel brand Siux has entered 35 countries – 18 of them in Africa and ten in Asia. So explains Alfonso Torrón, Brand Manager, who has spoken with Palco23. The list includes Siux’s first locations in Oceania. The brand entered Japan ...
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News briefsRayox foresees a Spanish pickleball boom
Two years ago, three Spaniards – Samuel Rodríguez, Daniel Rodríguez and Jordi Francés – founded a racquet factory in the US – in Waterbury, Connecticut, to be exact. They called it Rayox Sport. “Samuel told us from the US that pickleball was sweeping the market, and we decided to take ...
