Mike Ashley’s retail giant Frasers Group is continuing its expansion in the EMEA market with the acquisition of the Netherlands-based sports retailer Twin Sport Holding. The company operates as part of the Intersport Franchise, owned by EKS Netherlands, through 17 stores across the country and its online presence. As such, the business as a...
11 Apr 2024
The doors of the final lot of JD Sports' Dutch retailers Perry Sport, Aktiesport and Sprinter will close on Tuesday. Many of the branches had already shuttered earlier this year, but the last six are now closing, curator Kees van de Meent told De Telegraaf. The stores had been operated under JD's subsidiary Sports Unlimited Retail, the company...
12 Mar 2024
Sports Unlimited Retail had been making losses for several years, according to the trustee's first bankruptcy report. The losses were always compensated by UK parent company JD Sports Fashion Plc, but when it decided to stop doing so in November 2023, Sports Unlimited Retail filed for its own bankruptcy. Sports Unlimited Retail is the parent...
1 Feb 2024
A relaunch is in the works for part of the Perry Sport, Aktiesport and Sprinter stores, with British retail giant Frasers Group understood to be taking on their operations. It comes after the parent company of Perry Sport, Aktiesport and Sprinter, Sports Unlimited Retail went bankrupt in December. At that time, 54 stores were owned by the...
15 Jan 2024