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Find below a selection of recent announcements and press releases of SIGNA Sports United and its partners
SIGNA Sports United, a leading Global Sports E-Commerce and Technology Platform, to go public on NYSE through Combination with Yucaipa Acquisition Corporation
BERLIN, and LOS ANGELES, June 11, 2021 – SIGNA Sports United (“SSU” or the “Company”), has entered into a business combination agreement with Yucaipa Acquisition Corporation (NYSE: YAC) (“Yucaipa” or “YAC”), a publicly-traded special purpose acquisition company led by Chairman and President Ron Burkle and CFO and COO Ira Tochner. The combination also includes the … Continued
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New Study reports $1.1 Trillion Global Sports Market and Predicts 3.5 Billion in Global Sports Participation by 2025
New Insights Highlight Attractive Growth Characteristics of Sports E-commerce and Advantages of Online Vertical Sports Specialists BERLIN & BOSTON -SIGNA Sports United (SSU), the leading sports e-commerce and tech platform, and Boston Consulting Group (BCG), today shared a new report predicting global sports participation will reach 3.5 billion people by 2025 and puts the size of … Continued
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SIGNA Sports United acquires Tennis Express and becomes a leading online tennis platform in the U.S.
BERLIN – SIGNA Sports United (SSU), the leading sports e-commerce and tech platform, today announced a binding agreement to acquire Tennis Express, a leading online tennis retailer in the United States. The closing of the acquisition is subject to certain conditions. Together with the acquisition of Midwest Sports that closed in April, SSU and its … Continued
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SIGNA Sports United bolsters leadership team to drive continued growth and international expansion
BERLIN – SIGNA Sports United (“SSU” or the “Company”), the leading sports commerce and tech platform, today announced the strengthening of its executive leadership team with five new appointments. These moves further position SSU to accelerate the Company’s growth strategy and international expansion. Stephan Zoll, CEO of SIGNA Sports United, commented, “We are thrilled to … Continued
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ATP and Tennis-Point – a SIGNA Sports United Subsidiary – Announce Multi-Year Partnership
The ATP Tour and Tennis-Point, the tennis brand of SIGNA Sports United, have announced a multi-year partnership today, which sees the global tennis online retail platform become the Official Racket Sports Products Retailer of the ATP Tour until 2025. Through the partnership, Tennis-Point will look to broaden its global reach and awareness through dedicated brand … Continued
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SIGNA Sports United acquires online tennis company Midwest Sports and enters the U.S. market
With the acquisition of Midwest Sports, SIGNA Sports United – parent company of Tennis-Point – strengthens its position as the world’s largest platform of tennis products and tennis experience. Tennis-Point is known for the central role it plays in the global tennis community – connecting customers, enthusiasts, coaches, players, clubs and brands across its platforms. … Continued
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SIGNA Sports United is growing by 39% with significantly increased profitability
Accelerated digitisation and technology in sports will also drive growth and profitability in the coming years The company is strategically expanding its platform for industrial, commercial and technology partners The #1 sports online platform – SIGNA Sports United – is growing by 39% in the third quarter of the current financial year ending September 2020. … Continued
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The Global SportsTech VC Report
SportsTechX announced the release of a new publication: The Global SportsTech VC Report. Powered by SIGNA Sports United, the data-driven report focuses on the SportsTech investment space globally and offers insights on funding and investor activities in the industry. The report is available now and, in typical SportsTechX fashion, it is completely free to download. The report highlights … Continued
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SIGNA Sports United expands its shareholder circle with R+V Insurance Group
The SIGNA Sports United Group continues its growth strategy and expands its shareholder base with one of Germany’s largest insurance companies, the R+V Insurance Group. As part of a capital increase, R+V takes over 11.6% of the sports online platform as a financial investor. As a joint shareholder, the largest Japanese retail group AEON also … Continued
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SIGNA Sports United takes over the leading tennis online retailer in France and Southern-Europe
Acquisition of TennisPro Group perfectly complements SIGNA Sports United’s subsidiary Tennis-Point Tennis-Point is manifesting its strong leading position in Europe’s tennis market SIGNA Sports United continues successful track record of bolt-on acquisitions to build global #1 sports platform SIGNA Sports United has signed the contracts for the acquisition of TennisPro Group – the leading tennis … Continued
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SIGNA Sports United forges a strategic alliance with digital innovation leaders
SIGNA Sports United is starting an initiative with soccerwatch.TV and TRACKTICS to digitalize amateur and popular sports OUTFITTER, a subsidiary, is offering athletic clubs cutting-edge, fully automated, AI-based camera systems and GPS-based team performance tracking devices free of charge, starting immediately An exclusive partner program with digital innovation leaders is being aggressively expanded Berlin, April … Continued
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SIGNA Sports United forms strategic partnership
SIGNA Sports United forms strategic partnership with Asia’s largest retail companies AEON and Central Group AEON Co. acquires 7.5% and Central Group 4% share in SIGNA Sports United, continental Europe’s leading sports e-commerce platform through issuance of new shares The partners have agreed on a long-term strategic partnership to develop the Asian sports retail market … Continued
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