Wednesday, July 9, 2008

United in Sports gives fund USG Sports China

Four company of sport supply retails in China agree merger to form USG Sports that in Shanghai. Fourth that company is Shanghai Rui Li, Shenyang Peng Da, Sichuan Jin Lang and Shenzhen Ling Pao. In this release, USG Sports mentions management just agree to operate 3.000 retail stores in 22 provinces in China. Retail Format variated between big sport store and special store. Both of them sell brands is recognized like Nike, Adidas, Li Ning, Puma and Umbro.


Founding USG Sports is supported by United in Sports, an investment companies that focus in area of sport business. United are managed by Robert Louis-Dreyfus, former CEO Adidas and Sandrine Zerbib, former president Adidas China for 14 year. In United Zerbib sits as chairman.

CEO USG Sports Dan Loeb, veteran Nike that has worked for company that The United States for 17 year and former GM Nike China for 10 year. Sit as VP in USG Sports is Mike Wilkes, former VP and GMM Dick’s Sporting Goods. USG Sports also seats Luke Luang, former executive Wal-Mart as VP retail operational.

USG Sports are viewed as extensive experience combination, have the scale of national and supported by strong team. USG have plane to offer notable products from around the world to society China

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