Archive for the ‘Retailers’ Category

11 Jun 2021
News

Signa Sports United moves ahead with plans to go public and buy Wiggle

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Signa Sports United said it's moving ahead with plans to go public on the New York stock exchange and to buy Wiggle CRC, through a combination that gives the online sports retailer an implied enterprise value of about $3.2 billion. The deal...

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Snipes heading East with Distance

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After its expansion into nine European countries and the U.S., Snipes is heading east with the agreed acquisition of Distance, a Polish retailer with 31 stores specialised in sneakers and streetwear. Started in 2003, Distance has built up its...

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28 Apr 2021
News

XXL regains drive in cleaned-up and buoyant Norwegian market

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XXL has inflated its purchases of spring gear by several hundred million kroner, as the Norwegian market is buoyed by reduced capacity and much-increased demand for outdoor gear. The leading Nordic sports retailer, with 90 large-scale stores...

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British Intersport retailers split, Elverys takes charge in Ireland

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British retailers affiliated with Intersport have agreed to continue purchasing together through Associated Independent Stores (AIS). Intersport International Corporation (IIC) has long had a licensing agreement with AIS for the U.K. and Ireland,...

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Fenix bullish on recovery

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Fenix Outdoor International is considering investments in its own production over time, to create a more flexible supply chain and support the rise of its online business. This comes as the Swedish-based outdoor group is anticipating rapid...

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Signa Sports United readying faster expansion drive

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Signa Sports United has reinforced its management team to prepare for another expansion drive, amid reports that it’s discussing a potential initial public offering and a combination with Wiggle, the British online retailer. For this purpose,...

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16 Apr 2021
News

Hervis upgrades store concept, ramps up openings

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Hervis Sports has started implementing a strategic plan with a stronger focus on cycling, running, outdoor and winter sports, which will lead to the reconstruction and opening of “two dozen stores” this year. The overarching target of the...

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Fishbrain reels in funds for social vertical platform

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Fishbrain wants to expand its vertical social platform for sport fishing, after a surge in participation helped the Swedish online specialist to raise $31 million. Started as an app that lets anglers share pictures of their latest catch,...

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16 Apr 2021

Stadium expanding after outstanding winter

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The Stadium group is pursuing investments in Nordic stores, with a flagship opening in Stockholm in May, and other projects focusing on its Stadium outlets and Sneakers Point stores. The Swedish retailer with 182 stores and seven online stores...

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Fila drives share gains for Anta group

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Apparently unperturbed by disruption, Anta Sports Products yielded unprecedented sales and operating profit margins last year, as demand for the Fila brand in China surpassed its own Anta brand. Buoyed by footwear, the entire group’s sales were...

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