A major retailer of US-focused sports merchandise has fallen into voluntary administration amid the triple threat posed by lower discretionary spending by consumers, inflation, and fierce competition from global retail platforms.
Stateside Sports was founded in 2017 and operates 31 retail stores across the country, as well as an online shopfront.
The retailer specialises in licensed merchandise from major US sporting codes, including the National Basketball Association (NBA), the National Football League (NFL), and Major League Baseball, as well as clothing from brands including Nike, Mitchell & Ness, and New…