Fanatics has formed an equal joint venture with Hillhouse Capital Group to cover the Chinese market for licensed team sports gear, which is estimated at several billion dollars. Among the largest Asian private equity firms, Hillhouse was created...Read more
Acushnet is preparing to invest $120 million in the next five years, mostly in a ball manufacturing plant, after surging participation led to a sharp sales rise for the golf gear supplier in the second half of last year. Its sales jumped by 14.2%...Read more
An uptick in participation has made the running business more resilient than the remainder of the sports market last year, and it has enhanced the prospects of the business with a wider range of participants. The trend was clear across the five...Read more
After its failed deal to sell Time Sport last year, Rossignol Group has finalised the divestment of the brand’s frame and bicycle business to Cardinal Cycling Group, a U.S. entity run by seasoned specialists. The partners in Cardinal include...Read more
The Fenix Outdoor group wants to launch its outdoor retail business in two more European countries this year, starting with digital sales, after a mixed performance for its brands and retail entities. The group behind Globetrotter in Germany,...Read more
KPS Capital Partners is reportedly searching for buyers for TaylorMade, in a deal that could value the golf equipment brand at more than $2 billion. TaylorMade was divested by the Adidas Group in 2017, when KPS paid $425 million for the leading...Read more
Arne Arens, who has played an instrumental part in The North Face’s expansion in the last years, has been appointed to take over as chief executive at Boardriders. The U.S. company behind the Quiksilver, Billabong and DC brands, among others,...Read more
JD Sports Fashion moved ahead with a share placing that raised £464.2 million this week, after the British sports fashion retailer struck a conditional agreement to pay $495 million in cash for DTLR Vila, a U.S. sneaker retailer with 247...Read more
Jut a few days after the change of leadership at Salomon, another brand in the Amer Sports group is going through a management transition, with Stuart Haselden taking over as chief executive of Arc’teryx. Haselden strongly contributed to the...Read more
Intersport International Corporation (IIC) wants to accelerate its “smart verticalisation,” after a mixed performance that led to a 13.8% decline in the sales of affiliated retailers to €10.6 billion last year. On a comparable store basis,...Read more
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