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 27, 2020 19:01

Odisha gears up for 1st Khelo India University Games

BHUBANESWAR: After the success of the recently concluded 3rd Khelo India Youth Games, which witnessed over 10,000 participants from across India taking part in the U-17 and U-21 age categories, the Odisha state government, under the aegis of Sports Authority of India and Ministry of Youth Affairs and Sports, will host the first-ever Khelo India University Games at the Kalinga Institute of Industrial Technology (KIIT) in Bhu

Jan 23, 2020 17:01

FIFA, hosts Qatar present WC 2022 sustainability strategy

ZURICH: In 2022, the FIFA World Cup will be held in the Arab world for the first time, in a fast-growing economy and in the most geographically compact area since the inaugural edition of the tournament in 1930. As any host, Qatar presents common and unique challenges to be addressed, as well as unparalleled opportunities to leave a lasting positive legacy beyond the event.

Jan 22, 2020 18:01

Gokulam FC inaugurates 5th football school in TVM

THIRUVANANTHAPURAM: I-League side Gokulam FC inaugurated its fifth football academy in the Venpalavattom suburb of Thiruvananthapuram recently. The academy, the first by Gokulam FC in south Kerala, launched in association with Sparta Sports Arena, a city-based sports club, will serve to find and nurture young talents from the region, New Indian Express reports.

Jan 22, 2020 18:01

BCCI releases RFP for provision of LED services for IPL

MUMBAI: The Board of Control for Cricket in India Wednesday invited Request for Proposal (RPF) to acquire the right and obligation to provide LED Services for the next three years of the VIVO Indian Premier League – from 2020 to 2022. Interested parties can seek clarification related to the RFP till January 28 and the deadline for proposal submission is February 5 by 11 am.

Jan 21, 2020 17:01

Pro league in India work in progress: NBA's Rajesh Sethi

KOLKATA: The National Basketball Association (NBA) India is "collaborating with all the stakeholders" to make a league in the country a reality at the earliest, Rajesh Sethi, managing director of its India business, has told IANS. NBA Commissioner Adam Silver had spoken of launching a league in India during his visit for the first-ever NBA Games in the country last October.

Jan 21, 2020 17:01

Under Armour targets 25 stores by end-2020

MUMBAI: Under Armour, the US-headquartered premium sportswear brand, plans to open 15 stores in India at an investment of Rs 20-30 million per store, this year, Hindu Businessline reports. The sportswear brand incorporated its India subsidiary - Under Armour India Trading Pvt Ltd - in October 2018 and opened its first 1,900 sq ft store in Delhi at the DLF Promenade Mall, in March 2019.

Jan 16, 2020 16:01

MA cricket stadium in Jammu upgraded under PM's grant

JAMMU TAWI: Girish Chandra Murmu, Lieutenant Governor of J&K Union Territory, Wednesday inaugurated the renovated Maulana Azad Cricket Stadium here. The MA Cricket Stadium was upgraded under the Prime Minister’s Development Package (PMDP).

Jan 15, 2020 17:01

Odisha wins ‘Best State For Promotion Of Sports’ award

MUMBAI: Odisha beat Telangana and Tamil Nadu when it was adjudged as the Best State for Promotion of Sports at the Sportstar Aces Awards here Monday evening. The winner was decided on basis of the budgetary allocation (Odisha had Rs 2.2 billion for 2019-20), stadium infrastructure, management of nation-level and international-level events and other important criteria.

Jan 06, 2020 18:01

Odisha CM launches Khelo India University Games

BHUBANESWAR: With a vision to promote culture and excellence in competitive sports, the first edition of Khelo India University Games was announced Monday by Odisha Chief Minister Naveen Patnaik.

Jan 04, 2020 14:01

Stadium a fortress ahead of 1st T20I between India and Lanka

GUWAHATI: Taking no chances in the wake out of the massive protests against the Centre's Citizenship (Amendment) Act that has roiled the state in particular and the Northeast in general, the Assam Cricket Association (ACA) Barsapara Stadium resembles a fortress ahead of the opening encounter of the three-match T20I series between hosts India and Sri Lanka on Sunday.

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