Sports Division
Company type | Public company |
---|---|
Industry | Retail |
Founded | 1984 |
Defunct | 1998 |
Successor | JJB Sports |
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.
Categories:
- 1984 establishments in the United Kingdom
- 1998 disestablishments in the United Kingdom
- Clothing retailers
- Clothing retailers of the United Kingdom
- Sporting goods retailers
- Retail companies of the United Kingdom
- Retail companies established in 1984
- Retail companies disestablished in 1998
- Defunct retail companies of the United Kingdom
- United Kingdom retail company stubs