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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]
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In February 2016, Findel sold its online sports retailing business, Kitbag, to the leading US provider of licensed sports apparel and merchandise, Fanatics, Inc., a snub to Mike Ashley & Sports Direct who had expressed interest in the brand. Sports Direct acquired an 18.9% share in Findel but was unsuccessful in appointing a director.
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]
In 2014 Sports Direct became a major share holder. [ 2 ] Sweatshop was voted "best retailer" by readers and website visitors of the British edition of Runner's World magazine each year from 2008 to 2013.
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