DENMARK: Sportswear Company Gives Up On Denmark
The sports trade in Denmark is going so badly that Intersport Denmark's biggest shareholder, Norwegian Gresvig ASA, is withdrawing from the Danish market totally. Gresvig will sell all of its 16 sports shops. Last year the Gresvig group made a loss of DKK64m, with 17 million of that spent on just keeping the Danish Intersport shops open.
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