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Struggling UK fashion chain Jack Wills has been bought by Sports Direct for £12.75 million after being placed in administration. Sports Direct, owned by retail entrepreneur Mike Ashley, has bought Jack Wills’ stock and taken over its distribution center, 100…
C.banner International has dropped its House of Fraser rescue plan, dealing what some observers in the UK are describing as a potentially fatal blow. Hong Kong-listed C.banner, which is the parent of toy retailer Hamleys, had undertaken to invest £150 million…
British retailer JD Sports Fashion is to pay US$558 million to acquire America’s Finish Line, one of the country’s largest upmarket sportswear chains. Finish Line, whose sales reached $1.84 billion in the year to March 3, is listed on the Nasdaq. It sells…
Sportsdirect.com, the leading UK sporting goods retailer, opened its 13th Malaysian store this week. The new outlet is in the Oceanus Waterfront Mall in Kota Kinabalu. Sportsdirect.com Malaysia plans a further four new stores by November. The foray marks…
