Trade Speculation - Office

RNS Number : 8347K

Sports Direct International Plc

30 June 2014

 



30 June 2014

Sports Direct International plc

Trade Speculation - OFFICE

Sports Direct International plc ("Sports Direct" or "the Group"), the UK's leading sports retailer, would like to address recent trade speculation regarding OFFICE - one of the UK's leading specialist footwear retailers.  Notwithstanding recent speculation, Sports Direct confirms that it is not considering an offer to acquire OFFICE. 

Such speculation is unhelpful to the customers, staff, suppliers and other stakeholders of both companies, particularly as Sports Direct focuses on building brand support for the Group's Premium Lifestyle format - USC / Republic.  The Board believes that maintaining strong brand relationships is a strategic priority for Sports Direct, particularly given the difficulties that the competition authorities appear to have in addressing the supply issues faced by the Group.

For further information, please contact:

Sports Direct International plc Dave Forsey, Chief Executive Jeff Blue, Director, Strategic Development	T. 0845 129 9229
Powerscourt Rory Godson Victoria Palmer-Moore Greg Lawless	T. 0207 250 1446

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 provides an unrivalled range of products, offering exceptional quality and unbeatable value, from a wide variety of third-party and Group-owned brands, both in-store and online. Sports Direct operates in 19 countries in Europe, including Belgium, Austria, Slovenia, Portugal and France.

The Group has an extensive brand portfolio, comprising 28 internationally recognised sports, fashion and lifestyle brands including Dunlop, Slazenger, Everlast, Lonsdale and Karrimor.

Sports Direct was founded in 1982, listed on the London Stock Exchange in 2007 and is a constituent of the FTSE 100 index.

For more information please visit: www.sportsdirectplc.com

 

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