Harel Wiesel is in negotiations to buy 12 Nike stores in France. The company reported to the stock exchange that it is conducting negotiations to purchase the stores for 45 million euros.
Last month, Wiesel purchased Nike Australia and New Zealand for $50 million. Wiesel owns, among others, the Fox networks, which include Fox, Fox Man, Kid and Baby, Fox Home, Shilav, Lalin, the Terminal X shopping site. The group is the franchise owner and store owner of a number of international brands including Mango and American Eagle.