Sports Division
| Public company | |
| Industry | Retail |
| Successor | JJB Sports |
| Founded | 1984 |
| Defunct | 1998 |
| Products | Clothing, Sportswear, Sports equipment |
Sports Division was one of the biggest sports retailers in the United Kingdom during the 1990s.[1] In 1998, it was sold to its main competitor, JJB Sports for approximately £295m.
In 1984, it was set up by Sir Tom Hunter, to sell trainers. Sir Tom started out selling trainers from the back of a van, subsequently borrowing £5,000 from his father and £5,000 from RBS to set up Sports Division. In 1995 Tom Hunter along with business partner Philip Green purchased larger rival Olympus Sports from Sears[2] and merged them into the Sports Division brand.[3]
References
- ↑ "JJB kicks off £290m sports deal". BBC News. 23 July 1998. Retrieved 17 November 2015.
- ↑ "MAYFIND ACQUIRES OLYMPUS AND OLYMPUS SPORTSWORLD FROM SEARS - PR Newswire". Retrieved 13 November 2015.
- ↑ "Who Runs Britain?: ...and who's to blame for the economic mess we're in By Robert Peston". Retrieved 13 November 2015.
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