5 February 2020
The Weekly
Germany

Signa Retail is officially the new owner of SportScheck. The Bundeskartellamt (Federal Cartel Office) has approved the purchase of the sporting goods specialist by the parent company of Galeria Karstadt Kaufhof. The sports business is an important growth market for Signa Retail. With Karstadt Sports, the Galeria-Karstadt-Kaufhof department stores and several specialized sports providers such as Tennis Point and Outfitter, the company has become one of the leading sports goods providers in Germany in recent years. With the acquisition of SportScheck, 19 additional shops and an online shop have been added to the portfolio.