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.

Jul 17, 2020 20:07

Quess Corp terminates shareholder's agreement with EB

KOLKATA: Hero I-League club East Bengal FC on Friday received the No Objection Certificate (NOC) from its previous investor Quess Corp, thereby clearing the way for the Kolkata giants to submit the necessary documents to participate in the upcoming season's Hero I-League. The NOC also allows the club to bring new investors on board.

Jul 17, 2020 20:07

Olympic Agenda 2020 cuts candidature budgets by 80%

LAUSANNE: Independently audited accounts of the Candidature Process for the Olympic Winter Games 2026 show the average budget was less than $5 million compared to approximately $35 million in the previous process for the Olympic Winter Games 2022.

Jul 16, 2020 17:07

IOC support to 20 IFs totals $63m, to NOCs $37m

LAUSANNE: The International Olympic Committee (IOC) has already supported the National Olympic Committees (NOCs) and International Federations (IFs) with around $100 million since the outbreak of the COVID-19 crisis. To date and as needed, $63 million have been allocated to IFs and $37 million to NOCs.

Jul 16, 2020 13:07

Arunachal mandates GoSports to design elite athlete devt prgm

BENGALURU: Arunachal Pradesh has announced a collaboration with the GoSports Foundation to jointly design and implement an elite athlete development programme for supporting sporting talent from the North-Eastern state.

Jul 16, 2020 12:07

Real Madrid seals 6-yr bank partner deal from 2020/21 season

MADRID: Real Madrid C. F. and Liberbank have signed an agreement whereby the financial institution will become the official bank of the club from the beginning of the 2020/2021 season until the end of the 2025/2026 season.

Jul 15, 2020 20:07

Content Arena strengthens management team

SINGAPORE: Content Arena the software provider specialising in solutions to facilitate sports media rights trading - best known for its B2B marketplace - has announced two new appointments to continue its expansion by adding Lukas Zajancauskas as director of Strategy and Business Development, and Harrison Hancock as director of Business Operations, to its management team.

Jul 15, 2020 19:07

Clubs licensing system opens: EB has till July 24 to submit papers

NEW DELHI: The AIFF's Club Licensing administration on Tuesday distributed the Club Licensing Application Pack (CLAP) to all the clubs that are eligible to undergo the Indian Club Licensing process for the 2020-21 season.

Jul 15, 2020 16:07

Google to invest $4.5bn in Jio Platforms for 7.73% stake

MUMBAI: Google will invest Rs 33,737 crore (Rs 337.37 billion, $4.5 billion) in Jio Platforms, Reliance Industries chair and managing director Mukesh Ambani announced on Wednesday during the company’s online Annual General Meeting.

Jul 14, 2020 20:07

Ownership structure: Clock ticking for EB to get act together

MUMBAI: After months of making one far-fetched claim after another, the time of reckoning is at hand for the men who matter at East Bengal FC. The Red & Gold Brigade will have to officially declare their change of ownership as the All India Football Federation (AIFF) on Tuesday sent out the club licensing agreements to all Indian Super League (ISL) and I-League clubs as part of the AFC protocols.

Jul 14, 2020 19:07

BLM groundswell: Redskins retiring team name, logo

WASHINGTON D.C.: NFL franchise the Washington Redskins announced Monday that the American football team will be retiring its name and logo, long criticised as racist.

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