XXL refinances itself as sales and profits decline

2019-10-18T00:00:00

XXL ASA's ongoing problems will lead to a change of ownership in the framework of a new refinancing program. The Norwegian Altor fund will become the largest shareholder of the leading Nordic sporting goods retailer, replacing Øivind Tidemandsen, who founded it in 2001. Altor, the former controlling shareholder of Helly ...

SIGN-IN  if you are already a subscriber of SGI Europe

Gated access promo

Become an SGI Europe Professional subscriber

Get access to what the top decision makers are reading in the sporting goods industry:

  • Access  to all SGI Europe news across 14 coverage areas (Retail, Corporate & M&A, Financial, Product, Marketing, Trade & Sourcing, Sustainability, Technology,…)
  • Access exclusive content  before it breaks to the public, scoops and breaking news
  • Essential E-mail Briefings  with the latest analysis and most important industry developments of the international market
  • C-Suite Interviews, guest chronicles  from industry experts and leaders that are shaping the future of the industry
  • Organisation-wide access  across offices, people and devices

SUBSCRIBE TODAY!

View all subscription plans on our subscription page.