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.

Feb 16, 2021 17:02

RR launches cricket academy in Guwahati's Barsapara stadium

GUWAHATI: Rajasthan Royals, in partnership with the Assam Cricket Association, on Friday launched the State Cricket Academy, Assam powered by Rajasthan Royals in Guwahati, their first in the North East.

Feb 03, 2021 16:02

Bengal govt reopens sports complexes, stadiums, pools

KOLKATA: All stadiums, swimming pools and sporting complexes outside of containment zones are set to reopen in West Bengal, following a go-ahead issued by the state government on Wednesday.

Feb 01, 2021 19:02

Budget 21-22: Allocation for sports slashed by Rs2.3bn

NEW DELHI: In the Union budget presented in Parliament on Monday for the financial year 2021-22, the Central government allocated Rs 2,596.14 crore (Rs 25.9614 billion) for sports, a reduction of Rs 230.78 crore (Rs 2.3078 billion) from what was allocated in the previous fiscal, IANS reports.

Jan 28, 2021 19:01

SAI governing body meet focus on development of NCOEs

NEW DELHI: The 54th governing body meeting of the Sports Authority of India (SAI) took place on Wednesday under the chairmanship of union Sports Minister Kiren Rijiju. The focus of the meeting was on the development of various aspects of the National Centres of Excellence (NCOEs).

Jan 27, 2021 18:01

MS Dhoni Cricket Academy launched in Ahmedabad

AHMEDABAD: Ahmedabad-based Shri Enterprise, engaged in providing training to emerging talents in the field of sports, in association with Aarka Sports, on Monday announced the launch of MS Dhoni Cricket Academy in Gujarat's commercial capital.

Jan 25, 2021 14:01

Jalandhar district admin promises to revive sports college

JALANDHAR: The district administration would make efforts on a war footing in the coming months to restore the prestige of the first Government Arts and Sports College in Punjab, Jalandhar Deputy Commissioner Ghanshyam Thori has promised.

Jan 19, 2021 11:01

Govt plans 1,000 Khelo India centres at district level across India

PUNE: Union Sports Minister Kiren Rijiju has said the government intends to start 1,000 Khelo India sports centres at the district level across the country.

Jan 18, 2021 11:01

Ministry to name new, upgraded SAI facilities after sportspersons

NEW DELHI: The Union Sports Ministry on Sunday said it has decided to name all the upcoming and upgraded facilities of the Sports Authority of India (SAI) after renowned athletes who have brought accolades for the country. The initiative is meant to honour sporting heroes of the country, SAI stated in a press release.

Jan 13, 2021 12:01

FIH Odisha Men’s Hockey World Cup India 2023

2 yrs to go: HI, Odisha govt look ahead to 2023 Men’s Hockey WC

NEW DELHI: With exactly two years to go, Hockey India and the Odisha government are gearing up to host the all-important 2023 FIH Men’s Hockey World Cup. In 2023, the nation will host the competition for a record fourth time since its inception in 1971. The 2023 FIH Men’s Hockey World Cup is slated to be held in Bhubaneswar and Rourkela from 13 January 2023 to 29 January 2023.

Jan 11, 2021 11:01

Brisbane Test on; 50% crowd capacity at The Gabba

MELBOURNE: Acting on the advice of the Queensland Health and the Queensland government, Cricket Australia and Stadiums Queensland are working together to ensure the safety of patrons attending the Vodafone Brisbane Test on January 15, with a crowd capacity of 50% at The Gabba.

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