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 05, 2021 13:01

Rijiju launches 1st Khelo India Sports School from N-E in Shillong

NEW DELHI: Union Sports Minister Kiren Rijiju on Monday launched the Assam Rifles Public School (ARPS) in Shillong as a Khelo India Sports School. At present, nine sports schools have been approved across the country, out of which five are managed by Defence and Para-military forces. In the North-East region, Assam Rifles Public School is the first sports school announced under the Khelo India scheme.

Jan 04, 2021 15:01

KBFC to relaunch academy operations in 4 Kerala districts

KOCHI: Kerala Blasters FC has announced the relaunch of the Young Blasters Sporthood Academy, in partnership with Sporthood. The centres are scheduled to resume all Young Blasters grassroots level activities later this month, after a break of nine months.

Dec 24, 2020 14:12

Naveen Patnaik announces India's largest hockey stadium in Rourkela

Odisha CM announces India's largest hockey stadium in Rourkela

BHUBANESWAR: The wheels to host the prestigious FIH Odisha Men’s Hockey World Cup India 2023 started rolling in as Chief Minister Naveen Patnaik Thursday, December 24, announced a new world class hockey stadium in Rourkela city, which would be the biggest stadium for Hockey in India with a seating capacity of 20,000. This is going to redefine the sports landscape in the region.

Dec 24, 2020 13:12

Truth to power: Bedi says remove his name from Kotla stand

NEW DELHI: Former India captain Bishan Singh Bedi has written to Delhi and District Cricket Association president Rohan Jaitley, demanding his name be removed from a stand at the Feroz Shah Kotla and renouncing his membership in the body. Reason: His "deep sense of embarrassment" over plans to install a statue of the late BJP leader Arun Jaitley, a former DDCA president, at the stadium.

Dec 23, 2020 19:12

Rijiju inaugurates 8 Khelo India centres of excellence

NEW DELHI: Union Sports Minister Kiren Rijiju on Tuesday virtually inaugurated eight Khelo India State Centre of Excellence (KISCE), including one in Nagaland. The KISCE inaugurated in other states are Karnataka, Arunachal Pradesh, Kerala, Manipur, Mizoram, Odisha and Telangana.

Dec 22, 2020 20:12

Overall Tokyo 2020 expenditure revised upwards to $15.4bn

TOKYO: The Tokyo Organising Committee of the Olympic and Paralympic Games (Tokyo 2020) Tuesday unveiled the version five budget for the Olympic and Paralympic Games Tokyo 2020, in conjunction with the Tokyo Metropolitan Government and the Government of Japan.

Dec 18, 2020 19:12

The Sports School rolls out nationwide scholarship program

BENGALURU: The Sports School (TSS), an integrated school for sports and academics, on Friday launched its 2021-22 National Scholarship Program. The Sports School’s 2021-22 National Scholarship Program will be awarded to close to 60 eligible students who will receive the scholarship across four sports — cricket, football, tennis and basketball.

Dec 18, 2020 17:12

Sports university to come up in Pune's Balewadi complex

PUNE: The Maharashtra government has announced it will set up the state's first world-class international sports university in Pune and it will be functional from the 2021-2022 academic year. State Sports Minister Sunil Kedar, who made the announcement here Thursday, said that the university will be the centre of sports excellence in the country that will pick and train sportspersons of international calibre.

Dec 11, 2020 18:12

Maharashtra cabinet clears bill for international sports varsity

MUMBAI: The Maharashtra cabinet on Wednesday approved a draft bill for the constitution of an international sports university, an official statement said. The state government had announced in the budget that such a university would be set up. The bill will be introduced in the Winter Session of the State Legislature next week, said a statement from Chief Minister Uddhav Thackeray's office.

Dec 11, 2020 18:12

Rourkela prep for hosting Men’s Hockey WC 2023 reviewed

ROURKELA: After the success of Odisha Men’s Hockey World Cup in 2018 and the scale at which it was hosted, FIH had announced last year that the 2023 FIH Men’s Hockey World Cup will be hosted in Odisha, for a second consecutive time, at two venues, Bhubaneswar and Rourkela.

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