Business Intelligence

Agilitas acquires exclusive rights for Lotto brand in India, Oz, SA

SportzPower Team

Apr 19, 2024 20:04

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Indian sports and athleisure company Agilitas Sports has acquired exclusive licensing rights to design, manufacture, and distribute Italian shoe brand Lotto in India, Australia, and soon South Africa for a period of 40 years for an undisclosed fee.

Agilitas Sports, which acquired the rights from WHP Global, is co-founded by former PUMA India and South-East Asia managing director Abhishek Ganguly.

Mar 14, 2024 19:03

India 'big priority' for Decathlon, among top 5 mkts: Official

PARIS: India is a "big priority" market for Decathlon, and the French sports retailer expects the country to be among its top five global markets within the next five years, helped by expansion of store network and increased local sourcing, according to a top company official.

Mar 14, 2024 18:03

Nazara Tech to allocate $100m towards M&A over next 2 yrs

Nazara Technologies, a gaming and sports media company, unveiled its ambitious strategy to earmark $100 million (Rs 830 crore) towards mergers and acquisitions (M&A) over the next 24 months.

Mar 14, 2024 18:03

Under Armour announces leadership 'transition', Plank returns as CEO

BALTIMORE: US sportswear brand Under Armour on Wednesday announced a surprise CEO transition, with Stephanie Linnartz stepping down from the position after little more than a year and founder Kevin Plank reassuming the role of president and CEO from April 1.

Mar 13, 2024 20:03

Decathlon refreshes brand identity and purpose

Global multi-specialist sports brand, Decathlon has unveiled its new brand purpose: to “Move People Through the Wonders of Sport,” with a view to bring innovative and sustainable sport to everyone. The brand has also unveiled a new, "dynamic and forward-looking identity" and the new “orbit” logo.

Mar 13, 2024 20:03

Global sports industry to hit $260bn by 2033: Study

Sports consultancy firm Two Circles has released a report that projects the global sports industry to grow to $260 billion by 2033, a dramatic increase on the current $159bn in revenue generated by sports intellecutal property owners.

Mar 12, 2024 19:03

New biz models will emerge for Indian sport: FICCI EY Report

MUMBAI: The 2024 FICCI EY report has noted that new business models will perforce emerge not only for "Big Daddy" cricket, but also across other sports.

Mar 11, 2024 20:03

Viacom18 top deck rejig: Digital head Mani gets addl charge of sports

In the wake of the $8.5 billion merger agreement with Disney’s India unit, Reliance-controlled Viacom18 has undergone a significant top-level restructuring.

Mar 11, 2024 20:03

Punit's 'resource optimization' at ZEE; Rahul Johri exits

As an adjunct of the measures being implemented by Zee Entertainment Enterprises Ltd MD & CEO Punit Goenka to "reduce costs and optimize resources", the Indian media major has announced the exit of ZEE president Business Rahul Johri. With immediate effect, Ashish Sehgal, chief growth officer, Advertisement Revenue, will directly report into Goel, ZEE announced at the weekend.

Mar 11, 2024 19:03

Yuvraj Singh partners in Rs250cr 'integrated animal township'

NEW DELHI: Mahu Tasty Foods Pvt. Ltd., supported by retired Indian cricketer Yuvraj Singh, Monday announced "India’s first pioneering integrated animal township".

Mar 07, 2024 19:03

Limca Book of Records unveils its 2024 edition

Limca, Coca-Cola India’s homegrown heritage brand, Thursday announced the 33rd edition of India’s longest-running record and reference book, Limca Book of Records.

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