Home / Knowledge / News / Apparel/Garments / Sports Direct snaps up majority stakes in Flannels
Sports Direct snaps up majority stakes in Flannels
Jul '12
Sports Direct, a leading sportswear retailer in the UK, has bought a 51 percent majority stake in the Manchester-based fashion chain Flannels at an undisclosed price. 
The Newcastle United owner Mike Ashley’s Sports Direct business operates approximately 400 stores in all over UK. The company offers sportswear and accessories of major brands, including Nike, Adidas, Reebok, Everlast, Lonsdale, Dunlop, Slazenger and Karrimor. 
For the past one year, Sports Direct has been trying to build up a premium clothing line for men and it has already bought stakes in menswear-specialized stores such as, USC and Cruise.
Founded in 1976, Flannels is one of the largest luxurious clothing chains in the UK. It operates through a network of nine shops in Manchester, Leeds, Liverpool, Cardiff and Birmingham. The fashion retailers’ merchandise includes apparels from various designers, such as Dolce & Gabbana, Paul Smith, Tom Ford, Moncler and Burberry.
Besides the UK, Sports Direct also operates stores in Ireland, Belgium, Holland, France, Cyprus, Luxembourg and Slovenia. The firm is currently exploring opportunities to set up its outlets in other countries. 

Fibre2fashion News Desk - India

Must ReadView All

'Requirement of polyester filament yarn is increasing'

Textiles | On 19th Jun 2018

'Requirement of polyester filament yarn is increasing'

The requirement of polyester filament yarn (PFY) is increasing as it...

Courtesy: SAC

Textiles | On 19th Jun 2018

SAC to release pilot of Higg Facility Social Labour Module

The Sustainable Apparel Coalition (SAC) will release this year a...

Courtesy: Ebay

Apparel/Garments | On 19th Jun 2018

eBay partners with Noon for e-commerce sales in Middle East

Noon, the $1 billion e-commerce venture backed by Dubai businessman...

Interviews View All

Janak Dhamanwala & Sunil Dhamanwala

Moving towards sustainability is also a social change

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Harsh Shah

Fynd is the central online shopping destination for fashion, offering...

Carolin Russ

Weko, Weitmann & Konrad GmbH & Co KG, based in south Germany, is...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Priya Somaiya
Usha Social Services

The Usha Silai label from Usha International is all set for a retail...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

June 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category

Related Categories:

Advanced Search