Frasers Group to expand Sports Direct into Indonesia
The Asian subsidiary of Frasers Group, Frasers Group Asia Sdn Bhd (FGA), has announced a new joint venture with PT. MAP Active Indonesia that will see the introduction of Sports Direct stores into the region.
Through the deal, which incorporates both wholesale and retail components, the sportswear retailer will begin to open stores across Indonesia, the first step in what is to be a region-wide expansion, building on the 35 stores FGA already operates in Malaysia.
The stores will house a range of sports equipment across all key categories, including football, running, outdoor, swim and training, as well as the retailer’s premium fashion selection USC.
The agreement will also see a range of Frasers Group-owned brands debut in Indonesia, including Lonsdale, Slazenger, Soul Cal and Jack Wills.
In a release, Michael Murray, Frasers Group CEO, said: “As part of our continued international expansion strategy and the success of our existing business in Malaysia, we are excited to grow our Southeast Asian footprint with a presence in Indonesia.
“Today’s announcement supports our vision to build the planet’s most admired and compelling brand ecosystem.”
In addition, managing director of FGA, Paul Gibbons, said that the group entered the partnership with “a long-term view to build the best multi-sport destination” in the region.
2023-06-14 15:45:33- 上一篇
Hylo Athletics opens pop-up at Harrods
London-based Hylo Athletics, the B Corp and vegan-certified sportswear brand founded in 2020 by ex-f
- 下一篇
Clarks to expand into Kingdom of Saudi Arabia via Apparel Group deal
Footwear retailer Clarks is set to embark on a retail expansion into the Kingdom of Saudi Arabia (KS
相关文章
- 5 Trends from Milan men's fashion week
- Pharrell Williams for Louis Vuitton presents a show worthy of a Hollywood production
- Christopher Kane could shut down namesake label
- IFCO, Europe's biggest fashion fair, taking place August 9 to 11 in Istanbul
- Nike commits to Responsible Wool Standard
- Who are the winners of Mod'Art's E.Fashion Awards 2023?
- Colours trends for SS24 give the female body a voice
- Item of the week: the distressed jeans
- Scotch & Soda: All UK stores reportedly closing following rescue
- Up-and-coming fashion talant Burc Akyol: "We manage to make magic out of very little"