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SGI Europe News

• Completing its acquisition of Plano Synergy, Pure Fishing divests its hunting brands 19th April 2021
  Pure Fishing has announced that it has completed the acquisition of Plano Synergy Holdings. As part of the closing, Pure Fishing has also announced the sale of Plano Synergy’s archery and hunting accessories brands to GSM Outdoors. The move is consistent with Pure Fishing’s strategy that places priority on fishing, ...
• S&P upgrades its outlook for Foot Locker 19th April 2021
  The st onger-than-expected performance of Foot Locker in the past financial year has led Standard & Poor’s to upgrade its outlook for the company from negative to stable, while affirming its BB+ issuer credit rating. Foot Locker’s leverage reached a range in the mid-1x; which was much better than the ...
• Foreign sports retailers dominate on Facebook in Spain 19th April 2021
  CMDsport has published a report on the social-media presence of the top purveyors of sporting goods and sportswear in Spain. The top platform is Facebook, followed by Instagram and Twitter, and on Facebook the top chain, by a large margin, is JD Sports, with 3.47 million followers. JD is the ...
• Asics releases new eco-friendly Earth Day Pack 19th April 2021
  Asics has launched a new Earth Day Pack, defined by the brand as “Asics’ most environmentally sustainable cross-category collection ever.” The new range of eco-friendly running shoes and apparel was obtained through a circular manufacturing approach that used around 5 tons of textile waste, the equivalent of 25,000 T-shirts, recycled ...