Norway
This coverage focuses on retail developments and market trends in Norway that are relevant to UK retail professionals, executives, and brand managers. Reporting highlights store openings, cross-border investments, consumer behaviour, economic factors, and the strategies of key retailers operating in or expanding into the Norwegian market. These insights help inform strategic decisions for businesses engaging with Nordic retail or assessing international opportunities.
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May- 2025 -29 MayClothing & Shoes
Frasers closes in on ailing Norwegian sportswear giant takeover
Frasers Group has confirmed that it is close to assuming a controlling stake in Norwegian sportswear company XXL ASA, but has warned that it may not be able to save the company. The group has confirmed that should its offer be accepted it will control 92% of the company’s share…
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Mar- 2025 -26 MarchNews-In-Brief
Today’s news in brief-26/3/25
John Lewis is close to securing approval for its housing project in Reading, transforming a former customer collection facility into 215 homes, including 49% family-sized units and 10% affordable rentals. The development, featuring shared workspaces, a gym, and communal areas, is part of an £80m investment in rental housing. A…
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Feb- 2025 -21 FebruaryNews-In-Brief
Today’s news in brief-21/2/25
UK retail sales saw a 1.7% rise in January 2025, driven primarily by a 5.6% surge in food sales, the largest monthly increase since March 2020, according to the Office for National Statistics (ONS). Despite this rebound, sales volumes over the three months to January fell by 0.6% compared to…
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21 FebruarySport & Leisure
Frasers Group withdraws offer for Norway’s XXL ASA
Frasers Group has announced that it will not proceed with its intended voluntary offer for the shares in Norwegian sporting goods retailer XXL ASA at NOK 10 per share, which valued the company’s fully diluted share capital at NOK 246,357,450 (£17.45m). News comes after Frasers initially revealed its voluntary offer…
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Jan- 2025 -8 JanuaryFeatures
Mer Charging: Leading EV infrastructure innovation
As electric vehicles (EVs) continue their steady rise in popularity, the infrastructure to support them is evolving in tandem. At the forefront of this shift is Mer Charging, a company committed to delivering a seamless and sustainable EV charging experience. Speaking to Liz Warren, interim Director of Public Charging, and…
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Dec- 2024 -6 DecemberClothing & Shoes
Frasers eyes takeover deal of Norwegian sports retailer
Frasers Group has announced this morning (6 December) its intention to launch a voluntary offer for all shares in XXL ASA, a Norwegian sporting goods retailer, which has a physical and online presence in the Nordics and Australia. News comes via the Oslo Stock Exchange after Frasers “carefully considered the…
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Nov- 2024 -26 NovemberM&A
Secret Sales expands European presence with Afound acquisition
Secret Sales, the marketplace for off-price retail in fashion, sportswear and beauty, has acquired H&M Group’s digital fashion outlet, Afound. The company said the move solidifies its position in European off-price retail, establishing operations across 10 countries including Sweden, Denmark, Norway, Finland, Germany, The Netherlands, Belgium, Ireland, Spain and the…
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Apr- 2023 -28 AprilClothing & Shoes
Skechers to acquire Scandinavian distributor
Skechers has announced that it has signed an agreement to acquire its existing Scandinavian distributor, Sports Connection Holding Aps. The Sports Connection business comprises 58 existing Skechers retail locations, several e-commerce solutions as well as over 1,600 wholesale customers. It will become a wholly-owned subsidiary of Skechers, primarily responsible for…
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Feb- 2022 -24 FebruaryHealth & Beauty
CD&R rules out offer as Boots deadline hits
Walgreens Boots Alliance has reportedly set today (24 February) as the deadline to receive offers for the UK health and beauty chain Boots, according to Reuters. The outlet also revealed that private equity firm and new Morrisons owner CD&R has ruled itself out of the running amid the CMA’s ongoing…
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Jan- 2022 -31 JanuaryHigh Street
Walgreens set to start £7bn Boots sale process
Walgreens Boots Alliance has reportedly started the sales process for its Boots international drugstore unit, according to Bloomberg. Walgreens is said to be “sending out preliminary information on the business to potential suitors ahead of first-round bids due in the coming weeks”. Boots, which has 2,200 stores in Britain and…
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