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...Read more
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...Read more
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...Read more
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,...Read more
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...Read more
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,...Read more
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...Read more
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,...Read more
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...Read more
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...Read more
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