London Sports Festival moves from 3×3 basketball success to pickleball at the City of London Corporation’s Guildhall Yard
Novak Djokovic joins investment firm with stake in Mexico’s Azteca Stadium Sport Business Novak Djokovic has joined General Atlantic, the firm that holds and investment in Mexico football’s Azteca Stadium. The Serbian tennis player – who will take on Wu Yibing at Wimbledon next week as he looks for an unlikely 25th Grand Slam title – will act as a global strategic advisor for the firm that has [...]
Gymshark: How going public could help take on ‘monster rivals’ Nike and Adidas Retail Gymshark, the activewear brand co-founded by billionaire Ben Francis, could be pushed towards becoming a public company in its bid to “achieve the kind of global domination enjoyed by monster rivals Nike and Adidas”. According to Danni Hewson, head of financial analysis at AJ Bell, the Solihull-headquartered business would need to “amp up its presence” [...]
Another London-listed firm goes private as deals bonanza accelerates Investing Another London Stock Exchange-listed firm waved through a take-private deal today in the latest of a torrent of exits from the City’s bourse this year. Learning Technologies, an AIM listed edtech company, agreed to an £836m takeover from US private equity behemoth General Atlantic, making it one of 45 listed companies to sell-up or enter [...]
Gymshark: Profits continue to fall despite surge in sales February 22, 2024 Profits continued to fall at Gymshark during its latest financial year despite its sales surging past £550m, newly-filed documents have revealed.