Infrastructure

JD Sports steps up US push with $1.1bn Hibbett acquisition

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.

Dec 10, 2020 16:12

Jharkhand looks to build sports & tourism as economy backbone

NEW DELHI: One of the treasure troves of the country in terms of sportspersons and overall contribution to the Indian sporting landscape, the state of Jharkhand has certainly emerged as a hotbed for sports in recent years.

Dec 09, 2020 17:12

Govt to start 1,000 Khelo India centres across country: Rijiju

NEW DELHI: Union Sports Minister Kiren Rijiju said here Tuesday that the government has made various policy changes and taken up initiatives to encourage and support sportspersons and the sporting community, even after they retire.

Dec 07, 2020 17:12

Sri Lanka to host 2021 Asia Cup next June

SRI LANKA WILL HOST of Asia Cup cricket championship in June next year, Pakistan Cricket Board Chief Executive Wasim Khan has stated. Pakistan was sceduled to host the Asia Cup this year but the coronavirus pandemic resulted in its postponement. With Sri Lanka now given the rights to host the Asia Cup in 2021, Pakistan will host the event in 2022, Khan told PTI.

Nov 19, 2020 18:11

ISL7 kick-off to mark country’s 1st major post-COVID tourney

MUMBAI: The stage is set for Friday's kick-off in Goa of much awaited seventh edition of the Hero Indian Super League (ISL), the country’s first major tournament to be organised since the enforcement of a COVID-19 lockdown eight months ago.

Nov 19, 2020 13:11

Muthoot de-links as KBFC sponsor, academy assn to continue

KOCHI: Kerala Blasters FC (KBFC) Wednesday made official what was evident from the recent announcement that online education platform BYJU’S had been onboarded as the franchise's title sponsor for the seventh edition of the Hero Indian Super League. KBFC and Muthoot Pappachan Group (MPG) confirmed a "mutual adieu" Wednesday following 6 years of partnership as the title sponsor of the club.

Nov 17, 2020 15:11

5 ISL clubs fail to to meet AFC, ntl licensing criteria

NEW DELHI: Five Hero Indian Super League clubs have failed to meet the AFC and national licensing criteria and will now have to either appeal the decision or seek exemption from the AIFF in order to take part in the ISL, which kicks off Friday.

Nov 10, 2020 18:11

Oz vs IND cricket series to see 25-75% in-stadia fan attendance

MELBOURNE: Cricket Australia Tuesday released ticket prices, tickets on sale dates and projected venue capacities for all AusVInd matches of the 2020-21 Men’s International summer.

Nov 09, 2020 11:11

Sports Min clears Rs673m for 6 Khelo India state centres

NEW DELHI: The Union Sports Ministry has approved six centres as the Khelo India Centre of Excellence (KISCE) and they will now be upgraded on a consolidated budget estimated at Rs 673.2 million for FY 2020-21 and subsequent four years in an effort to identify and groom Olympic level talent, ANI reports.

Nov 06, 2020 11:11

Indonesia to prepare road map for 2032 Olympics hosting bid

JAKARTA: The success in hosting the Asian Games and the Asian Para Games in 2018 has prompted Indonesia to submit a bid to host the 2032 Olympic Games, according to President Joko “Jokowi” Widodo.

Nov 03, 2020 11:11

Rijiju inaugurates SAI's new Regional Centre in Zirakpur

NEW DELHI: Union Sports Minister Kiren Rijiju on Monday virtually inaugurated Sports Authority of India's (SAI) new Regional Centre in Zirakpur, Punjab, which will now act as one of the main SAI centres for North India.

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