Strategies – Page 8
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ArticleFootway has sold Footway+ and halves its net debt
Footway Group has announced the sale of its subsidiary Footway OaaS AB (Footway+) for SEK 27 million (€2.4m).
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ArticleFrasers aims to become the largest sports retailer in Benelux
Frasers Group strengthens presence and expands footprint in the Benelux region.
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ArticleStiga Sports partners with Swedish tennis club
In addition to its main business with table tennis bats, Stiga Sports is also developing its other bat segments ahead of its IPO.
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News briefsFoot Locker finds a place in the sun
The retailer is moving out of New York and to the south.
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ArticleTopgolf Callaway intends to split up the company
The Board of Directors at Topgolf Callaway Brands Corp. intends to split the business into two independent companies: Callaway and Topgolf.
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C-Suite InterviewNew Wave Group CEO on the company’s US plans and the desire to acquire more sports brands
New Wave Group, proprietor of Craft and Tenson, has started teamwear sales in the US. An interview with CEO Torsten Jansson.
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ArticleIntersport Sweden gets new owners
Adelis sells its shares to a consortium of management, existing minority shareholders and new investors.
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ArticleThree stripes celebrate 75 years
Adidas celebrates 75 years of innovations in the sports industry. Or is it 100?
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News briefsPeloton partners with Fitbit
The partnership boosted Peloton’s share price by 12 percent.
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News briefsJapans biggest fitness chain is expanding rapidly
Rizap Group is expanding its gym chain Chocozap to China, Hong Kong and Taiwan.
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News briefsSuperdry partners with Reliance Retail to launch athleisure line in India
The strategic move follows the formation of a joint venture in October.
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ArticleSpinnova and Ecco invest in leather made from waste
Since the work on leather waste-based fiber has shown good quality results, partners Spinnova and Ecco agreed to expand the business of their Respin joint venture.
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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.
