Major Sportswear Retailer Closes 113 Stores Amid Financial Struggles

The global apparel company is shuttering over a hundred locations and reviewing its store portfolio as rising costs and a difficult retail landscape drive a sharp decline in share price.

26 Aug, 20:00 — 26 Aug, 20:00

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thestreet5d ago

Sportswear giant closes 113 stores as shares plunge

The retailer is reviewing its portfolio amid mounting costs and a challenging retail environment.

By Fernanda Tronco

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Major Sportswear Retailer Closes 113 Stores Amid Financial Struggles

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Sportswear giant closes 113 stores as shares plunge

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