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.

Sep 13, 2019 13:09

DDCA to open 2 academies for underprivileged kids: Rajat Sharma

NEW DELHI: Delhi and Districts Cricket Association (DDCA) president Rajat Sharma Thursday announced the setting up of two cricket academies for under-privileged children here.

Sep 13, 2019 13:09

DDCA renames Kotla stadium after Jaitley; Kohli stand unveiled

New Delhi: The Delhi and District Cricket Association (DDCA) on Thursday renamed Feroz Shah Kotla Cricket Stadium after former Union minister and president of the Delhi & District Cricket Association (DDCA) Arun Jaitley, who died last month.

Sep 10, 2019 13:09

Decathlon opens first Bangla store in Dhaka

DHAKA: Just under two months since opening its first store in Dhaka’s Uttara, French sporting goods retailer Decathlon's management team is "happy with the first month sales" and "quite optimistic" about Bangladesh’s growing market of health consciousness and fitness .

Sep 10, 2019 11:09

Sports facilities provider raises $1.5m pre-series A funding

NEW DELHI: Indian full-stack sports facilities provider, Fitso, has raised $ 1.5 million in pre-series A funding from a group of investors including SRI Capital, Sprout Capital, IPV Capital, Pankaj Chaddah (co-founder, Zomato), Ashish Gupta (co-founder, Helion Venture Partners)

Sep 05, 2019 19:09

Infosys Foundation commits Rs160m to Padukone Academy

BENGALURU: Infosys Foundation, the philanthropic and CSR arm of Infosys, has signed a Memorandum of Understanding (MoU) with the Prakash Padukone Badminton Academy to support the academy's talented players to compete and excel in various national and international sporting competitions.

Sep 03, 2019 18:09

Aim to make OFC feel like an Odia club: director

BHUBANESWAR: Rohan Sharma, director of freshly minted Indian Super League franchise Odisha FC, has offered details of what the five-year agreement Delhi Soccer Private Limited, parent company of OFC (ertswhile Delhi Dynamos), signed with the Sports and Youth Services Department of the Odisha government, entails in an interview to The Hindu.

Aug 30, 2019 17:08

PUMA opens tech-driven immersive flagship store in NY

NEW YORK: PUMA opened the doors to its first-ever North American flagship store Thursday, located at 609 Fifth Avenue in New York City.

Aug 28, 2019 18:08

U-17 Women’s WC host venues: Kalinga Stadium shortlisted

BHUBANESWAR: Kalinga Stadium was on Tuesday given provisional clearance to host FIFA Under-17 Women’s World Cup 2020 to be played in India.

Aug 28, 2019 17:08

Qatar to set up sports affairs organization

DOHA: Qatar will establish the first of a kind organization for sports affairs in the middle East to accommodate offices of the world's leading sports companies by the end of this year, the CEO of state-run Aspire Academy, Mohamed Khalifa Suwaidi, said on Tuesday.

Aug 27, 2019 17:08

Kotla to be renamed Arun Jaitley Stadium

NEW DELHI: The capital's Feroz Shah Kotla Stadium is all set to be renamed as the Arun Jaitley Cricket Stadium. The development comes days after former finance minister Arun Jaitley, who was also the vice president of the Board of Control for Cricket in India (BCCI) and the president of Delhi and District Cricket Association (DDCA), passed away on Saturday.

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