Translated by Nicola Mira Published April 25, 2025 In 2024, Thule, the Swedish specialist in accessories for cars, motorbikes and bikes, and in bags and luggage, acquired Reacha, a German brand known for modular trailers, producer of an innovative solution to transport kayaks and equipment for other sports on a bicycle trailer. The acquisition boosted Thule’s market position…
A quiet honor student who had recently graduated from Immaculate High School in Danbury, Veer Chetal was about to begin studying at Rutgers University in New Jersey. In 2022, he completed a “future lawyers” program, and a story that year on the Immaculate website showed a photo of a smiling kid with glasses wearing a…
Translated by Roberta HERRERA Published April 16, 2025 Desigual ended its 2024 fiscal year with a turnover of €332 million, driven primarily by an increase in international sales and the strong performance of its online channel. Pretax profit reached €3.1 million, a slight increase from the €3.04 million recorded in the 2022 fiscal year—the most…
Translated by Nicola Mira Published April 14, 2025 German hiking and outdoor sports specialist Jack Wolfskin has changed hands again. US golfing specialist Topgolf Callaway Brands Corp. It has sold the brand to Chinese sportswear giant Anta Sports Products Ltd (Anta) for the reported sum of $290 million/€256 million. Anta has bought a brand that…
Translated by Nicola Mira Published April 3, 2025 Three years after a €5 million funding round with ETF Partners and the Frenchfounders investor network, French company Fairly Made, which has developed a solution for measuring the environmental impact of products, has completed a new funding round. Camille Le Gal and Laure Betsch, founders of Fairly…
Translated by Nazia BIBI KEENOO Published March 26, 2025 Tous, the famous Spanish jewelry brand, reported record-breaking revenue in 2024. According to a statement released on Tuesday, the company saw its sales grow by 9.4% over the last fiscal year, reaching $570 million. However, net profit declined to $49 million from $54 million in 2023….
The Netflix co-founder Reed Hastings wants more researchers and students to ask deep questions about artificial intelligence and its potential to upend human norms. To that end, Mr. Hastings has donated $50 million to Bowdoin College, his alma mater, to create a research initiative on “A.I. and Humanity” — the largest gift to the liberal…
Translated by Nazia BIBI KEENOO Published March 17, 2025 Founded in 1866 by Matías Pujadas in Mallorca, Carmina Shoemaker has evolved into a globally recognized artisanal footwear brand. Now in its sixth generation, the family-led business reached €20 million in revenue in 2024. “We are five siblings, a family business, and we want to keep…