Infrastructure

JD Sports steps up US push with $1.1bn Hibbett acquisition

Last updated : Apr 25, 2024 13:04

SportzPower Team

Apr 24, 2024 20:04

Read more about JD Sports steps up US push with $1.1bn Hibbett acquisition
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British sportswear retailer JD Sports Fashion Plc has entered into a definitive agreement to wholly acquire “highly complementary” US sports apparel and equipment retailer Hibbett, Inc. to speed up its US expansion and enhance its presence in “the world’s biggest and most attractive sportswear market”.

Under the terms of the deal, Birmingham, Alabama-based Hibbett’s outstanding shares will be sold to JD Sports for $87.50 per share in cash for an aggregate enterprise value of approximately $1.1 billion.

Jan 24, 2023 07:01

YONEX ups India prodn capacity, to make graphite racquets

NEW DELHI: The world’s leading badminton equipment brand YONEX on Saturday announced that it will now manufacture high-quality graphite racquets in the country, expanding its existing production plan and base in India, a move which will bring the cost of full-body racquets down considerably.

Jan 23, 2023 21:01

ICC rescinds Rawalpindi pitch demerit point following PCB appeal

The demerit point handed to the Rawalpindi pitch after the first match of the ICC World Test Championship series between Pakistan and England has now been rescinded. The decision was taken following an appeal from the Pakistan Cricket Board. The Rawalpindi Cricket Stadium was given a “below average” pitch rating after the first Test of the series in early December.

Jan 18, 2023 17:01

2024 T20 WC: ICC inspects venues in Frisco, LA, Dallas, Texas

Oakland, Florida, Los Angeles are some of the cities that have been recced by the ICC Venue inspection team as prospective centres for the 2024 T20 World Cup, to be jointly hosted by the United States and West Indies. As per PTI, ICC event's biggest box office fixture - India versus Pakistan - is likely to be held in the USA and not the West Indies keeping in mind the crowd support for both teams.

Jan 18, 2023 16:01

Odisha gets FIH Certification for 1 more hockey stadium

BHUBANESWAR: After the Birsa Munda International Hockey Stadium in Rourkela, which is currently hosting the Hockey Men’s World Cup 2023, Odisha has secured FIH certification for another hockey stadium in the state.

Jan 11, 2023 18:01

DPS Jaipur launches tennis academy spearheaded by Zeeshan Ali

JAIPUR: Delhi Public School, Jaipur Wednesday announced the launch of the Devyani Jaipuria Tennis Academy (DJTA). The training facility will be backed by India’s national and Davis Cup coach Zeeshan Ali.

Jan 09, 2023 17:01

FIH Odisha Men’s Hockey World Cup India 2023

Grand celebration event in Cuttack ahead of Hockey World Cup

BHUBANESWAR: A grand celebration event will be held in Cuttack ahead of the FIH Men’s Hockey World Cup 2023, which will be held in Bhubaneswar and Rourkela from January 13 to January 29.

Dec 08, 2022 19:12

WC '23 Bhubaneswar-Rourkela: Newly-laid hockey pitches all-set for action

BHUBANESWAR: Ahead of the FIH Odisha Hockey Men's World Cup 2023 Bhubaneswar-Rourkela, four new pitches have been laid and are all-set for action in the state-of-the-art venues at Kalinga Hockey Stadium, Bhubaneswar, as well as the Birsa Munda Hockey Stadium in Rourkela.

Dec 05, 2022 16:12

Diesel launches 1st India store in Hyderabad, debuts athleisure line

HYDERABAD: Global lifestyle brand DIESEL unveiled India’s first RED & WHITE store, a redefined outpost in Hyderabad on 3rd December.

Nov 29, 2022 19:11

Odisha budgets Rs1100cr for Hockey World Cup hosting

The Odisha government is sparing no expense to organize the FIH Men’s Hockey World Cup in January 2023. The state has reportedly budgeted an outlay of Rs 1,098.40 crore towards hosting the global tournament, a 16-fold increase over the Rs 66.98 crore that was spent on hosting the last Hockey World Cup.

Nov 01, 2022 19:11

Chennai to host 2023 squash WC; SRFI inks multi-yr deal with WSF

CHENNAI: The World Squash Federation, which concluded its conference and AGM here Monday, has confirmed the launch of a revamped World Cup in 2023, to be held in Chennai. The WSF AGM also elected two vice-presidents, announced new board members, and the affiliation of three National Federation members to conclude its three-day conference.

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