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SPORTSWEAR MARKET EXPANSION
Virat Kohli becomes Agilitas’ second-largest individual shareholder after one8 mergerVirat Kohli's stake in Agilitas Sports has increased significantly following the merger with his one8 brand. The merger was approved by the...- The Wealth Company AIF invests Rs 400 crore in BoldfitFounded in 2018 by Pallav Bihani, Boldfit offers sportswear, athletic footwear, sports equipment, and fitness essentials. It has grown at a...
- Roger Federer invested $50 million in Swiss shoe company On — 4 years later, the brand went public at an $11.3 billion valuationRoger Federer’s relationship with Swiss sportswear company On developed into more than a traditional endorsement after he became an investo...
- Lululemon’s turnaround gets tougher as new CEO inherits a battered brand; shares fall 20%Lululemon shares dropped significantly after the company lowered its full-year sales forecast. The sportswear maker's signature leggings bu...
- Comet, the homegrown sneaker brand, raises Rs 100 crore in Series B round led by VerlinvestHomegrown sneaker brand Comet secured Rs 100 crore in Series B funding. This investment was led by Verlinvest and included existing investo...
- From Nike to Starbucks, some American brands are losing aura in ChinaGlobal companies once relied on China for consistent growth and expansion. Economic challenges and strong local competitors now impact fore...
- US Markets Today: US stocks rebound on tech recovery ahead of Nvidia earnings, inflation dataUS stocks rose on Tuesday as technology shares rebounded ahead of Nvidia’s quarterly results and key US inflation data. The Nasdaq led gain...
- TechnoSport launches 64,000 sq ft Bengaluru warehouse to boost national distribution and activewear growthTechnoSport launched a large warehouse in Bengaluru to enhance its national distribution capabilities. This expansion increases controlled ...
- US Stocks: Nike shares fall on grim sales outlook; China woes hit turnaround plansShares of Nike fell as investors raised alarms over the slow pace of recovery with CEO Elliott Hill at the helm for nearly two years. While...
- Sportswear brand On launches South Korea robot factory to tackle supply chain riskCaspar Coppetti, cofounder of On, said automation enables the brand to make shoes faster, with less environmental impact, and closer to its...
- Aditya Birla Lifestyle Brands Q3 net profit rises 14.4pc to Rs 69 cr, revenue up 9.5pcAditya Birla Lifestyle Brands Ltd has reported a 14.42 per cent year-on-year increase in its consolidated net profit to Rs 69.01 crore for ...
- Sachin Tendulkar’s sports, athleisure brand ‘Ten X You’ makes its play on MyntraSachin Tendulkar's brand, Ten X You, has launched on Myntra. The brand aims to encourage an active lifestyle across India. It offers a wide...
- Despite tariffs, China consumer giants push into the US as domestic market stallsChinese consumer brands are expanding into the U.S. market, seeking higher profit margins to offset slowing domestic spending. Companies li...
- Sachin Tendulkar's athleisure company to venture abroadSachin Tendulkar-backed SRT10 Athleisure, also known as Ten X You, is planning a global expansion after establishing its brand in India. Th...
- Puma India head Abhishek Ganguly’s new startup raises $52 million fundingGanguly, who is leaving the German sports and apparel maker in August, told ET that Agilitas Sports will look to partner and invest across ...
- ASICS to expand offline presence amid pandemic"While a lot of brands are rescinding their plans of opening stores and even shutting down existing stores, we have additional five stores ...
- Sportswear brand Seven by MS Dhoni consolidates global presenceThe brand is also available across online platforms like Flipkart, Amazon, Tata Cliq, Jabong and Myntra along with its own website www.7.li...
- Lotto to foray into cricket gears; to launch range in 6 monthsItalian sportswear brand Lotto is preparing to foray into the cricket equipment segment by launching a new product range in the next six mo...
- Lotto to expand retail reach in IndiaItalian sportswear brand Lotto is working on strengthening its presence in India by expanding retail reach and driving volume growth.
- Sportswear following fashion and lifestyleIndians are getting more adventurous, not just when exploring the great outdoors but also when stocking up the wardrobe.
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