South African Sportswear Retailer Acquired
Studio 88 Group, which is a major retailer of sneakers and apparel from Nike, Adidas, Vans and many other sportswear brands in South Africa, has been acquired by regional retail giant, Mr Price. Mr Price is paying ZAR 3.3 billion ($227 mm) for 70% of Studio 88 parent, Blue Falcon Trading 188 (Proprietary) Limited. Studio 88 had revenues of ... Log in to view full article.
