U.S. sports platform Fanatics has raised $700 million in a new financing round led by private equity firm Clearlake Capital, valuing Fanatics at $31 billion, sources familiar with the matter said on Tuesday.
Actor Idris Elba and Dallas Cowboys coach Aden Durde aren’t such an unusual combination when it comes to good causes. Both London born, they have partnered to raise awareness of knife-crime campaigning in the UK capital.
The headlines about Footasylum recently may have largely been about its failed purchase by JD Sports. But under the new ownership of Aurelius, it has opened its first store since 2021 and has been performing strongly.
VF Corp announced on Monday that chairman, president and chief executive officer Steve Rendle will retire and named its lead independent director Benno Dorer as interim chief executive, effective immediately.
German sportswear maker Adidas is sticking to its World Cup sales outlook of around 400 million euros ($420.92 million) despite Germany's exit from the tournament, a company spokesperson said on Friday.
On the occasion of Lululemon's store opening on the Champs-Elysées, FashionNetwork.com interviewed the brand's newly appointed senior vice president of the EMEA region about her goals for the company's future.
The parent company of the eponymous skiing equipment brand, owner also of Lange, Look and Dynastar, has said it wants to top the €500 million sales mark by 2026, with apparel and footwear generating €150 million.