The outdoor gear and apparel retailer has reached an agreement to sell its European e-tail subsidiary, Bergfreunde, to the globe’s largest sporting goods dealer, which operates over 1,700 stores in more than 70 countries. Terms of the deal were not disclosed. Bergfreunde was founded in Germany in 2006 and operates its e-commerce platform in 11 European countries. Revenues totaled €242 million last year, and are on track to grow double digits in 2023. Backcountry, which is now owned by PE firm TSG Consumer Partners, acquired the banner in 2013 when its ... Log in to view full article.