Investing.com -- British sportswear and fashion corporation, Frasers Group, announced on Monday plans to open over 350 Sports Direct (LON:FRAS) stores in Southeast Asia and India. This expansion is to be carried out under the company’s current partnership with Indonesian retailer MAP Active.
The new stores will increase the presence of Sports Direct in these regions, further cementing the company’s commitment to expanding its global footprint. The expansion is part of the group’s ongoing strategy to grow its presence in international markets.
Frasers Group, known for its diverse portfolio of sports, fitness, fashion, and lifestyle fascias, has been actively pursuing growth opportunities. The partnership with MAP Active, an Indonesian retail corporation, has been instrumental in the group’s expansion plans.
The details of the timeline for the store openings have not been disclosed yet.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.