Acquisition of Republic

RNS Number : 8715Y

Sports Direct International Plc

28 February 2013

 



28 February 2013

Sports Direct International plc

Acquisition of Republic

Sports Direct International plc ("the Group"), the UK's leading sports retailer, today announces the acquisition of certain of the business, assets and brands from the administrators of fashion retailer, Republic (UK) Ltd and Republic (Retail) Limited ("Republic").

The Group will acquire 114 Republic stores, substantially all of the stock in the business as well as Republic's website and own brands, including SoulCal, Fabric and Crafted.

Sports Direct will report its Pre-close (Full Year) Update on 24 April 2013 and its Preliminary Results Announcement on 18 July 2013.

For further information, please contact:

Sports Direct International plc Dave Forsey, Chief Executive Bob Mellors, Group Finance Director	T. 0845 129 9229
FTI Consulting Jonathon Brill Alex Beagley Georgia Mann	T. 0207 831 3113

Notes to Editors

Sports Direct is the UK's leading sports retailer by revenue and operating profit, with approximately 400 stores across the UK. The Group offers an unrivalled range of products at the best available prices from a variety of third-party and Group-owned brands, both in-store and online.  Sports Direct currently operates in 12 countries outside the UK, including Belgium, Slovenia, Portugal and France.

The Group has an extensive portfolio of over 20 internationally recognised sport, fashion and lifestyle brands including Dunlop, Slazenger, Everlast, Lonsdale and Karrimor.  The Group's Premium Lifestyle division currently trades under the USC, Cruise, Van Mildert and Flannels fascias.

Sports Direct was founded in 1982, listed on the London Stock Exchange in 2007 and is a constituent of the FTSE 250. 

For more information please visit www.sportsdirectplc.com

 

END

 

 

ACQNKFDKOBKKQBB