All Team sports articles – Page 25
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ArticleCoDi foresees slower growth in 2022, postpones 5.11 IPO
Compass Diversified (CoDi), citing supply chain and inflationary issues and lower year-over-year demand for products within its Velocity Outdoor business, is forecasting a temporary slowdown in its 2022 growth rate that will likely be lower than its long-term growth rate target. Also, the company, whose portfolio includes Boa Technology and ...
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News briefsU.S. Women’s Soccer reaches agreement on equal pay and working conditions
The players on the US Women’s National Team (USWNT) who filed a gender discrimination lawsuit against the US Soccer Federation have reached a settlement, ending a dispute over equal pay and working conditions that has been ongoing since 2016. In 2016, five USWNT players had initially filed a wage discrimination ...
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News briefsFanatics is acquiring Mitchell & Ness
Fanatics has teamed up with a celebrity cohort, which also includes Jay-Z, to acquire Mitchell & Ness, a brand merchandising company. As reported by the New York Times, the deal was closed on Feb. 16, and valued Mitchell & Ness at about $250 million. Under the terms of the transaction, ...
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News briefs
Macron expands its presence in English football
Macron is resuming its partnership with the Northern Premier League (NPL). The Italian team wear brand, the NPL’s first long-standing partner in 2008, will be providing apparel for all bench members, including coaches, for the next five years. In addition, the company has announced an agreement with the Toolstation Northern ...
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News briefsKlarna launches immersive basketball activation in the U.S., accessible worldwide
Klarna, the Swedish retail banking, payment and online shopping service, has unveiled “The Klarna All-Star Vault,” an interactive activation celebrating the connection between fashion and professional basketball in its 75-year history. The promotion – Klarna’s first-ever immersive sports activation – continues the shopping service’s expansion in the sports industry, following ...
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News briefs
Italy focuses on bid to stage UEFA Euro 2032
The Italian Football Federation (FIGC) has announced plans to host the UEFA Euro 2032. Italy, the winner of the 2021 tournament, had considered a bid for Euro 2028, but FIGC’s president Gabriele Gravina said a proposal to host the tournament in 2032 would allow more time to modernize stadiums across ...
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ArticleNike among investors in U.S. women’s basketball
Nike announced that it has joined other backers in investing in the U.S. Women’s National Basketball Association (WNBA). The total investment by all parties is $75 million, making it the largest capital raise to date for a women’s sports organization. In addition to Nike, which has been a commercial partner ...