All Team sports articles – Page 2
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News briefs
Acon Investments Fund invests another $700 million in New Era Cap
Acon Investments, a Washington, D.C.-based private equity firm, today announced the closing of Acon Strategic Partners II, a new single-asset continuation fund of approximately $700 million in connection with the partial sale of the Acon Equity Partners IV portfolio investment to and the increase of the existing investment in New ...
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News briefs
Lids will open 20 stores in Germany
Source: Lids Lids store in the U.K. Lids, the U.S. sportswear retailer headquartered in Indianapolis, is expanding into Germany with the opening of 20 stores. The first three locations will open in Berlin in the coming weeks. Alexa Berlin is set to open on June 17, followed ...
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News briefs
Samurai strengthens European business, partners with logistics specialist Bleckmann
British sportswear brand Samurai has chosen Dutch logistics company Bleckmann as its partner for freight forwarding and cross-docking in Europe. Since an investment by Primosole Holdings in May 2021, Samurai has been on a journey to transform its business model from focusing exclusively on premium teamwear in the rugby and ...
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Article
Hummel reports record year, triples German business over last three years
Hummel, the nearly 100-year-old Danish company, has reported its best annual results ever. Net profit reached 115 million Danish Kroner (€16.6m) in 2021 as turnover increased by DKK 511 million to DKK 1.858 billion (€249.7m). Wholesale revenues, which grew by 30 percent, remain a priority of the company that also ...
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News briefs
Schanner to distribute Bauer’s Prosharp in four European markets
After the Canadian hockey specialist Bauer Hockey acquired the Swedish company Prosharp AB, specializing in fully automatic grinding machines for skate blades, in August 2021, the company now announced that Schanner Eishockeyartikel GmbH + Co. KG will take over the distribution of Prosharp in Germany, Austria, Italy and Slovenia on ...
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News briefs
Jordan appoints Shannon Watkins as CMO
Source: Jordan Brand at Nike Shannon Watkins, CMO Jordan Brand Shannon Watkins is Jordan Brand’s new chief marketing officer, succeeding Sean Tresvant, who has left to join Taco Bell as global chief brand officer. The former director of brand and marketing for U.S. insurance company Aflac Inc. ...
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News briefs
Absolute Teamsport continues to expand internationally
Sport 2000 has opened three new stores as part of its Absolute Teamsport concept - two in the Netherlands and one in Austria. Source: Sport 2000 Absolute Teamsport Kuster, Austria The opening of the tenth Absolute Teamsport store took place in Rotterdam on April 12, 2022. ...
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News briefs
Lewis Hamilton and Serena Williams join bid for Chelsea
According to the British press, Formula One driver Lewis Hamilton and tennis player Serena Williams have each pledged about £10 million towards a bid to purchase London’s Chelsea FC. The owner, Roman Abramovich – triple citizen of Russia, Israel and Portugal – put the club up for sale on March ...
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News briefs
UEFA and UNECE sign Memorandum of Understanding on sustainability
UEFA and the United Nations Economic Commission for Europe (UNECE) have signed a Memorandum of Understanding (MoU) that aims to show how football and hosting UEFA events can support cities to become more sustainable. UNECE is one of the five regional commissions of the United Nations and works to promote ...
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News briefs
Cinelli and Inter release Milan-centered collaborative collection
Cinelli, the Italian bicycle manufacturing company from Milan, and Milan-based football club Inter have joined forces to create an exclusive collection of limited-edition products. Inter has described the collaboration as part of its brand development and positioning, “showcasing that the club is capable of thriving in worlds beyond football and ...
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News briefs
Slinger closes PlaySight Interactive acquisition
Shortly after completing its acquisition of Gameface.ai, connected sports technology company Slinger, formerly Slinger Bag, has added the final building block to its “Watch, Play, Learn” strategy with video capture and analytics company PlaySight Interactive. PlaySight was founded in 2014 and is now firmly established in the U.S. team sport ...
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