All Sportamore articles
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News briefsFootway seeks new owners for Sportamore and other e-commerce brands
Footway OaaS AB has started the sale of twelve debt-free e-commerce brands, aiming to find suitable new owners.
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ArticleFootway has sold Footway+ and halves its net debt
Footway Group has announced the sale of its subsidiary Footway OaaS AB (Footway+) for SEK 27 million (€2.4m).
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News briefs
Footway widens e-commerce for its brands to 24 markets
Footway, the international Swedish-based shoe e-tailer, has launched a new integrated internet platform for all its operations including Sportamore, the sporting goods e-tailer that it recently acquired, widening its presence to a total of 24 markets all over Europe. The platform also houses a couple of house brands, Hoppe and ...
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ArticleMore action in Sweden’s sports retail landscape
Intersport Sverige, Stadium, Sportamore and Gekås had all something new to announce in the last few days. To start with the Swedish Intersport organization indicated that it should be able to come out of its insolvency status in mid-October or later in the month, limiting the number of store closures ...
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OpinionOpinion: The short- vs long-term perspective of retail recovery
Guest Article by Magnus Ohlsson The pandemic has led consumers to shift interests and behavior for now, but not necessarily forever. This also means that short-term gains and losses should not be translated into an everlasting future. It is important to take into the equation the brand performance of the ...
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News briefs
Footway replaces Sportamore’s CEO with an integration specialist
Johan Ryding is leaving as chief executive of Sportamore, the Swedish-based online sports retailer, following the company’s acquisition by another Swedish e-tailer, Footway, in the spring, as part of the integration process. Henrik Martin took over his place as interim CEO on Aug. 12. Described as an integration specialist, Martin ...
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ArticleFootway wants to buy a streetwear specialist
The Footway Group, the increasingly international Swedish online shoe retailer that recently agreed to merge with Sportamore, wants to create a leading platform for e-commerce in sports and fashion by also acquiring an online retailer of streetwear and sneakers, Californian Roots, or Caliroots for short. Caliroots has been undergoing a ...
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News briefs
Footway’s bid for Sportamore has succeeded
The tender offer launched by Footway for Sportamore has been accepted by 95.9 percent of the Swedish sports e-tailer’s shareholders. Footway, a more international-oriented online shoe retailer, is paying a total of 439 million Swedish kronor (€40.4m-$43.9m) for Sportamore. Because of its de-listing from the Nasdaq Stockholm exchange, the publication ...
