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[25] [26] Sports Direct International sold its shares on 16 January 2014, although they took out an option to buy further shares up to a total of 6.6%. [27] In December 2016, Sports Direct International agreed to sell the remaining international rights to its Dunlop brand to Sumitomo Rubber Industries for £112 million ($137.5 million). [28]
In November 2019, Sports Direct International rebranded to Frasers Group as part of their "elevation" strategy as House of Fraser became their new flagship brand. [11] In March 2020, Sports Direct announced they would remain open amid the coronavirus lockdown in the UK. A day later, after receiving widespread criticism, the decision was reversed.
The company currently has 50+ locations open in the United Kingdom. In 1976, Neil Prosser founded Flannels. He remained the managing director until the brand was acquired by Frasers Group (formerly Sports Direct International) in 2017. [6]
This is an accepted version of this page This is the latest accepted revision, reviewed on 27 January 2025. British entrepreneur (born 1964) Mike Ashley Ashley in 2023 Born Michael James Wallace Ashley (1964-09-09) 9 September 1964 (age 60) Walsall, Staffordshire, England Occupation Businessman Years active 1980–present Title CEO of Sports Direct (1982–2018) Newcastle United owner (2007 ...
The first USC store opened in 1989 in Edinburgh and specialised in sports clothing. USC originally stood for 'United Sports Corporation' and was founded by Angus Morrison and David Douglas. [1] USC was purchased for £43 million by Sir Tom Hunter in 2004. [2] The company entered into administration on 29 December 2008, [3] [4] and 15 stores ...
JD Sports Fashion plc, commonly known as JD Sports, JD or JD Group [3] is a British multinational sports-fashion retail company based in Bury, Greater Manchester, England. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index .
Heatons was an Irish chain of department stores, established in 1946. It operated throughout the island of Ireland and sold fashion, homeware and sporting goods.. Heatons briefly held a franchise for British Home Stores, [1] and also co-located some shops with Iceland during their first venture into Ireland.
Sports Direct attempted to negotiate a reduction in rent for a number of stores, but the proposal was rejected by its landlords for those stores: Intu and Land Securities. As a result, 20 stores were closed. [7] The remaining Republic stores were subsequently merged with USC. [8] [9]