SUTL Divests Nike Stores to GMG
Marking the end of a 12-year partnership, the Singapore-based distribution company for consumer and lifestyle products has divested its owned and operated Nike-only retail stores in Singapore and Malaysia to GMG for undisclosed terms. SUTL was one of three companies appointed by the Eager Beavertons to operate their retail stores in 2010, eventually becoming the exclusive operator in Singapore and then ... Log in to view full article.