The retailer XXL Sports & Outdoor is leaving the Austrian market. The company confirmed corresponding media reports on Monday at the request of FashionUnited. The Norwegian parent company XXL ASA had already announced the withdrawal in a statement to the Oslo Stock Exchange at the end of December.
“We have been working on building a profitable business in Austria for more than five years. Unfortunately, we didn’t succeed,” explained the sporting goods and outdoor needs provider in a statement.
The decision to close the three branches in Donau Zentrum, in Parndorf and in Shopping City Süd as well as its Austrian central warehouse has already been made, the retailer said. “Various options” are still being examined for the other locations in the country. The company also includes “a possible sale of the Austrian business”.