MarketsStreet TalkStreet TalkSarah Thompson, Kanika Sood and Emma RapaportJan 14, 2024 – 9.00pmTel Aviv-listed fashion and lifestyle retailer Fox Group, owner of Sunglass Hut, Billabong and American Eagle stores across the world, wants a slice of the millions being spent by Australia’s sneakerheads.Street Talk can reveal Fox, via a subsidiary, is in advanced discussions to buy Retail Prodigy Group, which was co-founded in 20211 by ex Jeanswest boss Stephen Younane and is American athletic footwear and apparel giant Nike’s retail franchise partner in Australia and New Zealand.Sources said the deal is expected to value RPG at as much as $100 million.Israel’s…
Just do it: Nike franchisee Retail Prodigy Group in takeover talks – The Australian Financial Review
