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.

Mar 01, 2023 17:03

F1 announces 15-yr partnership with Tottenham Hotspur

Formula 1 has agreed a 15-year strategic partnership with Premier League football club Tottenham Hotspur that will see the delivery of the world’s first-in stadium electric karting facility and London’s longest indoor track below the state-of-the-art Tottenham Hotspur Stadium.

Feb 28, 2023 18:02

Tiger 5 launches multi-sport facility in Bengaluru

BENGALURU: Sports infrastructure development firm Tiger 5 has launched its newest arena in Dairy Circle on Bannerghatta Main Road in association with IBC knowledge park. The multi-sport facility has AstroTurf courts suitable for playing a variety of games like football, cricket, volleyball, throw-ball and ultimate frisbee.

Feb 27, 2023 18:02

Heartfulness International Sports Centre inaugurated

HYDERABAD: Heartfulness, in association with the Union Sports Ministry, Khelo India, FIT India and Pullela Gopichand Badminton Academy inaugurated the Heartfulness International Sports Centre at Kanha Shanti Vanam, the spiritual centre of the movement founded by the Shri Ram Chandra Mission that is located in in Chegur Village, Ranga Reddy District, Hyderabad.

Feb 24, 2023 18:02

India-Oz Test series: Nagpur, Delhi pitches get average rating

India's pitches in Nagpur and Delhi for the first two Tests of the Border-Gavaskar Trophy against Australia, both of which had concluded within three days, have reportedly received an average rating from the International Cricket Council (ICC). The playing surfaces were a subject of huge discussion ahead of the blockbuster series.

Feb 22, 2023 19:02

LaLiga sets roadmap for football development training centre in India

MUMBAI: LaLiga, in partnership with India On Track, has announced a new ‘Development Program’ under LaLiga India’s focal grassroots development project, LaLiga Football Schools (LLFS) that brings together the best players across LLFS centers in Mumbai.

Feb 20, 2023 13:02

2nd Test in Delhi: Top economists slam sorry state of Indian stadia

Two renowned Indian economists - former Chief Economic Advisor (CEA) Krishnamurthy Subramanian and former executive director of IMF for India Surjit Bhalla - have offered scathing comments about the pathetic state of stadiums in the country. Bhalla Was there as well for a 10 wkts extravaganza- but Kotla Jaitley stadium is an embarrassment beyond compare - even pathetic will be a compliment

Feb 14, 2023 19:02

LaLiga ambassador visits women residential academy in Anantapur

MADRID: The growing interest in football within the rural areas of India is evident, and proof of this can be seen in the exponential growth of the number of participants in the project that the Vicente Ferrer Foundation, through the Rural Development Trust (RDT), and LaLiga, through its Women's Football department and its Foundation, have been developing for more than 5 years.

Feb 13, 2023 20:02

3rd Ind-Oz Test shifted out from Dharamsala to Indore

MUMBAI: The third Test of the Mastercard Australia tour of India for the Border-Gavaskar Trophy, originally scheduled to take place at the HPCA Stadium, Dharamsala from 1st to 5th March, has now been moved to Holkar Stadium, Indore. The BCCI stated the move had been necessitated due to the "state of the outfield" at the HPCA Stadium.

Jan 31, 2023 19:01

Jodhpur on BCCI radar to host some IPL 2023 matches: Report

Top officials of the Rajasthan Cricket Association (RCA) have reportedly pitched Jodhpur’s Barkatullah Khan Stadium as a venue for the upcoming season of the Indian Premier League. The IPL will see multiple matches across different venues for the first time since the pandemic this year.

Jan 27, 2023 16:01

SMAAASH expands Delhi presence, opens outlet in Rajouri

NEW DELHI: SMAAASH, a sports-centric digital entertainment company backed by cricketer Sachin Tendulkar, has opened a new center at R Cube Monad Mall in Rajouri, New Delhi. Flagship games at the new centre include Twilight Bowling & Cricket, Virtual Games, Vending and Arcade Games, Redemption Games, and virtual reality games.

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