Go Outdoors, the British outdoor retailer with 57 large-scale stores, is studying strategic options that could lead to a sale of at least part of its shares. Go Outdoors said it was in the initial stages of discussions with potential investors, as a means to fuel expansion. Chris Matthews, the company's chief executive, added in a statement that Go Outdoors has appointed KPMG to check out the options, but it remains unclear if the current owners may sell all or part of the company. Go Outdoors raised its turnover by 11.5 percent to £202 million (€255.5m-$291.1m) for the fiscal year to January, and its operating profit (Ebtida) increased by 21 percent to £14 million (€17.7m-$20.2m), due to the opening of new stores, strong online sales and the development of the retailer's own bike concept. More in The Outdoor Industry Compass.

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