Sports Direct purchases majority stake in 2 fashion chains

07/6/2011 | Guardian (London), The

UK-based retailer Sports Direct aims to shed its discount image with the acquisition of 80% of USC and Cruise Clothing, two fashion chains known for selling upscale brands including Uggs and Adidas. Sports Direct, which operates 470 branded stores, will create a new luxury lifestyle division to operate the USC and Cruise stores.

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Guardian (London), The

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