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Frasers Group's acquisition of Dutch retailer Twin Sport approved

Frasers Group is getting closer to acquiring Dutch sports retailer Twin Sport after the Netherlands' Market and Consumer Authority ruled that there would still be enough competition within the local market following the potential takeover. The British fashion and retail giant, which owns Sports Direct, House of Fraser and Flannels, had initially...

4 Jun 2024

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Business

Frasers Group snaps up Dutch retailer Twin Sport, mulls Sprinter stores takeover

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

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