20 April 2011
Sports Direct International plc
("Sports Direct")
Re: adidas AG and Reebok EasyTone shoes
We refer to the reports on Tuesday 12 April 2011 that adidas AG's Japanese unit was raided by the Fair Trade Commission for allegedly pressurising retailers not to discount Reebok EasyTone shoes, launched in Japan in 2009.
Sports Direct wishes to confirm that, since their launch in the UK in 2009 and to date, adidas AG has not supplied Reebok EasyTone shoes to Sports Direct. Should the above issue arise in the UK, Sports Direct would not face any risk of sanction.
The Office of Fair Trading's investigation under the Competition Act 1998 into the sports goods retail sector is ongoing.
For further information, please contact:
Sports Direct International plc Dave Forsey, Chief Executive Bob Mellors, Group Finance Director
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T. 0845 129 9229 |
Financial Dynamics Jonathon Brill Caroline Stewart Alex Beagley
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T. 0207 831 3113 |