Plus   Neg

Sports Direct Acquires Jack Wills For GBP 12.75 Mln In Cash

Sports Direct International Plc (SDIPF.PK,SPD.L) said that it acquired the business and assets of the clothing retailer Jack Wills from Jack Wills Limited, including all of the UK and Republic of Ireland stores and stock and the international Jack Wills brand, for 12.75 million pounds in cash.

For the year ended 28 January 2018 Jack Wills had gross assets of 98.97 million pounds. It reported operating loss, before exceptional items, of 14.23 million pounds and a net profit, after exceptional items, of 19.21 million pounds.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Textron Specialized Vehicles recalled 20,573 units of Gas-powered E-Z-GO, Cushman and Tracker brand off-road vehicles for possible fire hazard, a statement by the U.S. Consumer Product Safety Commission said. The company said starter generator wire can be improperly secured, allowing it to come into contact with the vehicle's exhaust that could cause a fire hazard. Delta Air Lines Inc. said Friday that it will invest $1 billion over the next decade to mitigate all greenhouse gas emissions from its global business, starting March 1, 2020. The company intends to become the first airline in the world to go carbon neutral. The airline said that over the next decade, it will spend $1 billion to drive innovation and advance clean-air travel technologies. Crown Castle International Corp. (REIT) (CCI) is currently gaining over 1% on Friday morning. Early this week, a U.S. District judge ruled in favor of Sprint and T-Mobile's long-pending $26 billion merger deal. The judge dismissed a lawsuit brought by a group of State Attorneys General. The deal is...
Follow RTT