Decathlon

Gesture grabs growth funding from Decathlon Capital Partners

Retrieved on: 
Tuesday, April 2, 2024
A.I, Decathlon, Social media, Online shopping

NEW YORK, April 2, 2024 /PRNewswire-PRWeb/ -- Gesture, a gifting and delivery platform that helps consumers select the perfect gift for every occasion, has landed a growth funding package from Decathlon Capital Partners to support its expansion. Details of the revenue-based investment package were not disclosed.

Key Points: 
  • NEW YORK, April 2, 2024 /PRNewswire-PRWeb/ -- Gesture, a gifting and delivery platform that helps consumers select the perfect gift for every occasion, has landed a growth funding package from Decathlon Capital Partners to support its expansion.
  • Headquartered in New York City, Gesture will repay its investment from Decathlon Capital Partners through its future revenues.
  • Gesture was not required to give up any control of the company, and no equity or ownership was exchanged for the growth capital.
  • Matt Hoffman, Vice President of Decathlon Capital Partners, said Decathlon is excited to watch Gesture continue to expand.

Be Fulfilled lands growth funding from Decathlon Capital Partners

Retrieved on: 
Tuesday, March 26, 2024
Behind-the-scenes, Decathlon, Marketing, Growth, Creator economy, Industrial design

BLUFFDALE, Utah, March 26, 2024 /PRNewswire-PRWeb/ -- Be Fulfilled, a full service platform that helps creators grow their businesses, has landed a significant investment from Decathlon Capital Partners. Details of the revenue-based investment were not disclosed.

Key Points: 
  • BLUFFDALE, Utah, March 26, 2024 /PRNewswire-PRWeb/ -- Be Fulfilled, a full service platform that helps creators grow their businesses, has landed a significant investment from Decathlon Capital Partners.
  • Julie Hancock, Chief Operations Officer of Be Fulfilled, said the investment from Decathlon Capital Partners provides the company with a flexible solution to fund growth initiatives.
  • "The funding from Decathlon will allow us to expand our capabilities, letting us help more clients get their product ideas off the ground."
  • Matt Hoffman, Vice President of Decathlon Capital Partners, the innovative platform is sure to continue its growth as it expands its capabilities.

Exotec Reaches $1 Billion in Systems Sold

Retrieved on: 
Tuesday, March 12, 2024
Growth capital, Automation, Goldman Sachs, Decathlon, Growth, Entrepreneurship, Research, Robotics, UNIQLO, Gap Inc., Weather, Video game

ATLANTA, March 12, 2024 /PRNewswire/ -- Today, Exotec®︎, a global warehouse robotics provider, announced that it has sold over $1 billion in systems globally, one of the fastest materials handling companies to reach the milestone. This achievement illustrates the rapid adoption of the Exotec technology since its founding in 2015 as it continually expands its headcount, reinvests into new solutions and reaches new markets across the world.

Key Points: 
  • ATLANTA, March 12, 2024 /PRNewswire/ -- Today, Exotec®︎ , a global warehouse robotics provider, announced that it has sold over $1 billion in systems globally, one of the fastest materials handling companies to reach the milestone.
  • This achievement illustrates the rapid adoption of the Exotec technology since its founding in 2015 as it continually expands its headcount, reinvests into new solutions and reaches new markets across the world.
  • "Reaching the milestone of $1 billion in systems sold globally shows that our approach to warehouse automation is differentiated and strongly resonates with our customers," says Romain Moulin, CEO and Co-Founder at Exotec.
  • In 2024, Exotec plans to recruit close to 100 R&D professionals globally.

Blue Wire Secures Growth Funding from Decathlon Capital Partners

Retrieved on: 
Tuesday, February 20, 2024
Sport, Social media, Growth, Borchers, Saviano, Athlete, LOS, Decathlon

LOS ANGELES, Feb. 20, 2024 /PRNewswire-PRWeb/ -- Blue Wire, a media production and distribution company that allows independent podcasters to monetize their content, has landed a growth funding package from Decathlon Capital Partners to support its expansion.

Key Points: 
  • Podcast production and distribution company utilizes a flexible, revenue-based funding package to support growth and expansion without any dilution
    LOS ANGELES, Feb. 20, 2024 /PRNewswire-PRWeb/ -- Blue Wire, a media production and distribution company that allows independent podcasters to monetize their content, has landed a growth funding package from Decathlon Capital Partners to support its expansion.
  • - Joseph R. Saviano, Blue Wire CFO
    Headquartered in Los Angeles, California, Blue Wire will use the capital to support its platform growth, add new content offerings, and build a technology dashboard for podcasters.
  • John Borchers, Managing Director of Decathlon Capital Partners, said Blue Wire's commitment to investing in emerging social media talents, while also helping established pro athletes build their podcast brands is what sets Blue Wire apart.
  • "Blue Wire is bringing something new to the podcasting world, and Decathlon is proud to support what is sure to be tremendous growth," Borchers said.

Global Sources invites buyers worldwide to explore Vietnam's must-attend sourcing expo

Retrieved on: 
Tuesday, February 20, 2024
Name, OEM, Fashion, Parsley massacre, Marks & Spencer, Decathlon, Global Sources, Season, Convention center, ODM, Exhibition, VIP, OBM, Clothing

Vietnam's must-attend sourcing expo dedicated to international sourcing, this year's fair promises an unparalleled increase in scale, doubling the magnitude of its highly successful predecessor in 2023.

Key Points: 
  • Vietnam's must-attend sourcing expo dedicated to international sourcing, this year's fair promises an unparalleled increase in scale, doubling the magnitude of its highly successful predecessor in 2023.
  • This global celebration of sustainable and export-ready products spans Home & Furniture, Gifts & Handicrafts, and Fashion & Textiles.
  • This event establishes a platform for face-to-face connections with verified suppliers, providing overseas buyers with the opportunity to source OEM, ODM, OBM, and export-ready products.
  • In addition, a range of digital services, including GlobalSources.com and the Global Sources app, is all set to offer a superior trade experience for global buyers and suppliers both during and after the shows.

South Africa Retail Trade in Sports and Outdoor Leisure Goods 2023 - Long-term Shift from Small, Local Sports Goods Stores to Large Retailers and Sporting Goods Superstores - ResearchAndMarkets.com

Retrieved on: 
Tuesday, December 19, 2023
Other Sports, Sports, Sportscene, Golf, Health, Statistics South Africa, Decathlon, Supermarket, Tourism

The "Retail Trade in Sports and Outdoor Leisure Goods in South Africa 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Retail Trade in Sports and Outdoor Leisure Goods in South Africa 2023" report has been added to ResearchAndMarkets.com's offering.
  • The long-term outlook remains positive, as more South Africans take up outdoor and sports activities.
  • There has been a progressive long-term shift from small, local sports goods stores to large retailers and sporting goods superstores that have a wide product line under one roof.
  • This report examines retail trade in sports goods and outdoor equipment, and includes information on the state of the industry, notable players, corporate actions, online sales and trade.

iSun Inc. Secures $8.0 million Term Loan

Retrieved on: 
Thursday, December 14, 2023
Commercial Building & Real Estate, Utilities, Construction & Property, Environment, Alternative Energy, Energy, Green Technology, Residential Building & Real Estate, Climate change, Senior, Stock dilution, Solar energy, Decathlon, Retirement, LP, Security (finance), Histan

The transaction, which carries a 48-month term, is a straight debt instrument, thus avoiding any equity dilution.

Key Points: 
  • The transaction, which carries a 48-month term, is a straight debt instrument, thus avoiding any equity dilution.
  • Debt service payments begin at a smaller initial level and increase over the course of the loan in several step-ups, tracking the Company’s revenue growth.
  • Along with Decathlon’s collaborative approach and covenant-light terms, these features make this an ideal funding instrument for iSun at this stage of the company’s life.
  • After careful consideration of all available financing options, the terms negotiated with Decathlon were the most favorable for the iSun shareholders.

Backcountry Announces Sale of European Subsidiary, Bergfreunde

Retrieved on: 
Monday, November 27, 2023
Slate, LLP, Growth, Motorsport, Acquisition, Competitive Cyclist Racing Team, Partnership, J.P. Morgan & Co., Marketing, Backcountry, Decathlon

PARK CITY, Utah, Nov. 27, 2023 /PRNewswire/ -- Backcountry, the leading, premium specialty retailer of outdoor gear and apparel, has entered into a definitive agreement to sell its European subsidiary, Bergfreunde, to Decathlon, a global sporting goods retailer based in France. This strategic decision will allow Backcountry to reduce leverage and focus on amplifying its core business in the North American market.

Key Points: 
  • This strategic decision will allow Backcountry to reduce leverage and focus on amplifying its core business in the North American market.
  • The successful partnership with Backcountry has positioned Bergfreunde to further grow its European footprint alongside Decathlon, with its 45+ years of experience and deep international roots within the outdoor market.
  • "Closing this deal will allow Backcountry to focus on furthering its commitment to the North American market, as well as explore new opportunities to expand the Backcountry brand."
  • J.P. Morgan Securities acted as financial advisor to Backcountry and Skadden, Arps, Slate, Meagher & Flom LLP acted as legal advisor.

Exotec Adds Bastian Solutions as the Newest Regional Integrator in North America

Retrieved on: 
Thursday, November 16, 2023
Robotics, Gap Inc., Ariat, Decathlon, Online shopping

ATLANTA, Nov. 16, 2023 /PRNewswire/ -- Today, Exotec, a global warehouse robotics provider, announced that Bastian Solutions, a Toyota Advanced Logistics company, is now an integrator of the Exotec® technology in the North American market. The agreement will enable Bastian Solutions to sell and install Exotec's signature Skypod® system in Canada and the U.S. 

Key Points: 
  • ATLANTA, Nov. 16, 2023 /PRNewswire/ -- Today, Exotec, a global warehouse robotics provider, announced that Bastian Solutions, a Toyota Advanced Logistics company, is now an integrator of the Exotec® technology in the North American market.
  • Bastian Solutions and Exotec are already successfully working on a robotic installation for a leading sports equipment company.
  • Their customer focus and innovation align perfectly with Bastian Solutions," says Bastian Solutions President and CEO, Aaron Jones.
  • This agreement will enable Exotec to further build its presence in the North American market while enabling Bastian Solutions to offer a best-in-class suite of solutions to its customers.

HP Highlights Advancements in Polymers and Metals 3D Printing at Formnext 2023

Retrieved on: 
Tuesday, November 7, 2023
Carbon, Printing, Castor oil, Siemens, Additive, Software, PA12, Partnership, CET, 3D printing, 3D, Arkema, Organization, Personalization, Autodesk, Fusion 360, Carbon footprint, CO2, BMW, INDO, Automation, Polymer, HP, Biogas upgrader, HP Inc., Sandvik, Protolabs, Quality control, R, Decathlon, Metal, Industrial design, Powder metallurgy, Electric motor, Materialise NV, Eugène Protot

FRANKFURT, Germany, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Today at Formnext, the world’s leading additive manufacturing event, HP Inc. (Booth D41, Hall 12.1) showcased its strong commitment to sustainable manufacturing, including new innovations, materials, tools, and expanded software capabilities to accelerate the journey from adoption to scale for polymers and metals 3D printing. HP is also highlighting its industry-leading work with partners and customers including BMW, Decathlon, INDO-MIM, and others.

Key Points: 
  • FRANKFURT, Germany, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Today at Formnext, the world’s leading additive manufacturing event, HP Inc. (Booth D41, Hall 12.1) showcased its strong commitment to sustainable manufacturing, including new innovations, materials, tools, and expanded software capabilities to accelerate the journey from adoption to scale for polymers and metals 3D printing.
  • To help meet sustainability goals while reducing costs, BMW Group uses the HP Jet Fusion 3D Automation Accessory.
  • HP is also showcasing new 3D polymers solutions, advanced automation capabilities, integrated software options, and 3D metals momentum, including:
    New innovations in HP’s extensive 3D polymers portfolio include the HP Jet Fusion 5600 Series and the HP Jet Fusion 5000 Solution.
  • HP continues its industry-leading momentum in 3D metals announcing new partnerships with INDO-MIM, Sandvik, and Elnik, and additional metals materials with long standing partner GKN Additive.