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
Log in to post comments

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.

Aug 14, 2020 18:08

Inspire Institute of Sport celebrates 2nd anniversary

VIJAYANAGAR: Inspire Institute of Sport (IIS), the flagship High Performance Training Centre set up by the JSW Group in Bellary, Karnataka, celebrated its 2nd year anniversary on the eve of Independence Day and staked its claim among the preferred training destinations for Indian athletes aiming for Olympic glory.

Aug 12, 2020 19:08

Birmingham 2022 will use multi-site Athlete Villages

LONDON: The orgtanising committe of the 2022 Commonwealth Games in Birmingham have announced that athletes and team officials will be housed in three ‘campus’ villages at The University of Birmingham, The University of Warwick, and The NEC Hotel Campus, rather than at one "athletes' village".

Aug 12, 2020 17:08

Emirates Cricket Board gets official BCCI nod to host IPL

DUBAI: The Emirates Cricket Board Tuesday confirmed they have received the official clearance from the BCCI to host the 13th edition of the Indian Premier League.

Aug 04, 2020 20:08

Tiger Woods, USTA, others pledge $50m toward LA youth complex

CARSON, Calif.: Tiger Woods’ TGR Foundation, the United States Tennis Association (USTA), The Walt Disney Company, philanthropist Doug Kimmelman and the Karsh Family Foundation have committed $50 million toward America's largest academic and athletic complex dedicated to expanding opportunities for at-risk youth and fostering social equity in the heart of the Los Angeles region.

Jul 31, 2020 19:07

Emirates Cricket planning for 50% 'fans in the stands' during IPL

WE TOLD YOU SO. The Emirates Cricket Board secretary Mubashshir Usmani said Friday that the ECB is eager to fill up 30-50 per cent of the stadiums with spectators when the Indian Premier League is held in the UAE, provided the Emirati authorities approve.

Jul 28, 2020 18:07

Qatar declares intent to bid for 2032 Olympic Games

DOHA: Qatar has expressed interest in bidding to host the 2032 Olympic Games, in what, if its bid is accepted, would be the first time a Middle Eastern nation organises the world's biggest sporting event.

Jul 27, 2020 18:07

Haryana to host Khelo India Youth Games in end-2021

NEW DELHI: Haryana will host the fourth edition of the Khelo India Youth Games in Panchkula next year. The decision was announced by Union Sports Minister Kiren Rijuju here Sunday.

Jul 24, 2020 19:07

MLB marks 1 yr in India; outlines plan to grow game in country

NEW DELHI: Major League Baseball (MLB) led off the 2020 season Friday with the defending World Series Champions Washington Nationals playing against the iconic franchise New York Yankees. It also marks one year since the launch of the India Office for MLB which has made rapid strides to increase participation in the game, promoting the sport and league across the country.

Jul 22, 2020 18:07

Indianapolis 500 protocols limit attendance to 25% capacity

NEW YORK: Based on policies and procedures put into effect by the Indianapolis Motor Speedway, IMS officials announced Tuesday that attendance for the 104th Running of the Indianapolis 500 on Sunday, Aug. 23 will be approximately 25 percent of capacity.

Jul 18, 2020 14:07

Confirmed: IPL in UAE from Sep-end; with 'fans in the stands'

MUMBAI: The Indian Premier League will kick off in the UAE from the last week of September, SportzPower can confirm, with the announcement to be made once the International Cricket Council (ICC) makes it official that the T20 World Cup, scheduled to be held in Australia in October-November, will not happen this year.

Subscribe to Infrastructure