Around the Net
Kitbag Snapped Up By Fanatics
- The Drum, Wednesday, February 3, 2016 6:24 AM
Sports merchandise company Fanatics has acquired online sports retailer Kitbag in a move designed to pave the way for future growth and take advantage of the growing popularity of football in the U.S. The Manchester-based company confirmed the takeover -- reported to be around £11.5m -- in a statement from its previous owners, Findel plc, which hailed the move as “a fantastic opportunity for future growth and expansion.”
