Signa Sports United takes drastic steps to face economic headwinds
BERLIN, Germany - Online vendor Signa Sports United is taking instant action to face continuing macroeconomic headwinds, oversupply in the market and severe liquidity and profitability challenges. The company announced a series of restructuring measures including the termination or winding down of non-performing assets, the rightsizing of under-performing business units as well as the evaluation of disposals of non-core assets.
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