>>
Home / Knowledge / News / Apparel/Garments / Sports Direct to sell wholesale & licensing rights of Dunlop
Sports Direct to sell wholesale & licensing rights of Dunlop
30
Dec '16
Courtesy: Sportsdirect
Courtesy: Sportsdirect
UK based Sports Direct has signed an agreement to sell its wholesale and licensing business rights of the Dunlop brand to Sumitomo Rubber Industries (SRI). As part of the deal, SRI will grant Sports Direct a royalty free licence to continue to use the Dunlop brand for premium workwear and safety wear in Sports Direct owned retail outlets.

“SRI has agreed to pay $137.5 million in cash for the Dunlop business, which currently operates in the UK, Europe, USA, Canada and Asia except Japan, Korea and Taiwan,” London Stock Exchange news service RNS reported.

For fiscal ended April 24, 2016, Dunlop reported revenue of £42.64 million, gross assets of £41.76 million and pre-tax profit at £4.06 million.

According to Sports Direct, its senior management team needs to prioritise UK businesses and relationships with third party brands, while not having the resources to manage global brands at the same time.

“As such, Sports Direct intends to use the proceeds of sale to increase its commitment to its third party brand relationships,” the company added. (AR)

Fibre2Fashion News Desk – India


Must ReadView All

Pic: Shutterstock

Textiles | On 24th May 2022

US textile & apparel exports up 13% in January-March 2022

The exports of textiles and apparel from the United States were up by ...

Pic: Shutterstock

Apparel/Garments | On 24th May 2022

As German economy foresees a shrink, Bangladesh's exports may reduce

As the German economy is at the risk of shrinking by 2 per cent this...

Pic: Shutterstock

Textiles | On 24th May 2022

China to initiate steps to keep major economic indicators stable

China will adopt a slew of strong and targeted measures to stabilise...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Marry with brand ethos

Textile Industry, Head honchos

Textile Industry
Head honchos

Quality & affordability to affect market acceptability of new fibres

Textile Industry, Head honchos

Textile Industry
Head honchos

Strongly believe in 'people first' policy.

Ishak Aydin Ozturk,

Ishak Aydin Ozturk

<font face="Calibri, sans-serif">Innovative pioneer in textile production, ...

C Maennich,

C Maennich

Trützschler, one of the world's leading textile machinery manufacturers,...

Nishant Poddar,

Nishant Poddar

Since 2015, Universal Sportsbiz Pvt. Ltd. (USPL) has been shaking up the...

Steve McCullough & Marco Weichert, Functional Fabric Fair & Design and Development GmbH Textile Consult respectively

Steve McCullough & Marco Weichert
Functional Fabric Fair & Design and Development GmbH Textile Consult respectively

Functional Fabric Fair is a trade-exclusive event showcasing the latest...

Dr. Sean Blamires, Evolution and Ecology Research Centre

Dr. Sean Blamires
Evolution and Ecology Research Centre

Using spider silk for clothing may not seem to be an attractive...

Claudio Fracasso, FARÈ

Claudio Fracasso
FARÈ

Since 1970, Italy-based company FARÈ has been designing and manufacturing...

Prakruti Gupta Rao & Navin Rao, Brand - The Kaftan Company

Prakruti Gupta Rao & Navin Rao
Brand - The Kaftan Company

The Kaftan Company (TKC) is India’s most recognised brand for kaftans,...

Katie Gallagher, Label - Katie Gallagher

Katie Gallagher
Label - Katie Gallagher

An internationally recognised American fashion designer, Katie Gallagher’s ...

Frederick Anderson, Brand - Frederick Anderson

Frederick Anderson
Brand - Frederick Anderson

New York-based designer Frederick Anderson has been in the fashion...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments

ESTEEMED CLIENTS

TÜYAP IHTISAS FUARLARI A.S.
John Varvatos
Itema Weaving (India) Private Limited
Tuyap Tum Fuarcilik Yapim A.S.
Performance Days
Guess Europe Sagl,
Lacoste (Wanchai)
Puma
Gloria Jeans
International Sourcing Expo Australia
BIANCA
China World International Exhibition Company Limited
Indo Tex
Stahl Holdings B.V.,
J ;& P Coats
Tradewind International Servicing
Brückner Trockentechnik GmbH & Co. KG
Reiter India Private Limited
FULGAR SpA
USTER
Infor (Hong Kong) Limited
NITI Aayog
Sainsbury's Argos Asia Limited
Messe Duesseldorf
Equinox Impex India
TESCO INTERNATIONAL SOURCING LIMITED
Walmart
K AND D ITMACH EXPOSITIONS LLP
Hela Clothing Pvt Ltd
Nandan Denim Limited
Indofil Industries Limited - Specialty & Performance Chemicals Division
Karl Mayer Textilmaschinenfabrik GmbH
The Top Form Brassiere Manufacturing Company Limited
Tchibo GmbH
KIABI
Centric Software
Shanghai  Aige Exhibition Service Co., Ltd
Mayer & Cie. GmbH & Co. KG
Kern – Liebers Textile
Sateri (Jiujiang) Fiber Co.,Ltd
Rieter India Private Limited
Amazon China
Lifestyle
LC Waikiki
BIMBA ;& LOLA SL
Xtema - Thomas Lebherz Textilmaschinen
Sportswear Company Spa
C;&A Sourcing International Ltd
Brandix Lanka Limited
UBM China (Shanghai)
Babyshop
Bluesign Technologies Ag
Officina Meccanica Dora Enrico Srl
Calvin Klein
Jindal Worldwide Limited
Desigual - ABASIC, S.A.
Seasalt Limited
Thai Trade Center
Hirdaramani International Export Private Limited
ZAITEX spa
Recron Polyester from Reliance Industries Limited
Huntsman (Singapore) Pte Ltd
TEXVALLEY MARKET LIMITED
Meera Dyestuff Industries
Midas Clothing Limited
Kornit Digital Asia Pacific Ltd
Cat Tuong Real Estate Group Joint Stock Company
Lululemon Athletica Inc
BTC Textiles LLC
H;&M Hennes ;& Mauritz (Far East) Ltd
Green Fibre
International Textile Manufacturers Federation
Nihalani Events Management
G.A.S. unternehmenskommunikation gmbh
N9 World Technologies Private Limited
TESTEX AG, Swiss Textile Testing Institute
Gokaldas Exports Limited
Vardhman Textile Ltd
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
Mesdan SPA
Eastman Chemical Company
Arvind Limited
THE BOMBAY DYEING ;& MFG.CO. LTD
Aramark Uniform ;& Career Apparel, LLC
Asos
OVS Hong Kong Sourcing Ltd.
Vianney Textil Hogar S.A. De C.V.
Lisa S.P.A.
Grasim Industries Limited
Bluestem Global Sourcing Limited
The LYCRA Company Singapore  Pte. Ltd
FESPA (Reigate)
Esprit Europe Services GmbH
SUZHOU TUE HI-TECH NONWOVEN MACHINERY CO.,LTD
GIOVANNI BOZZETTO S.p.A.
Istanbul Fuarcilik A.S.
Groz-Beckert KG
X-Rite Asia Pacific Limited (HK)
Chori Company Limited
Palexpo SA
Sportmaster Ltd.
VNU Exhibitions Asia
Datacolor AG Europe
Marzoli Machines Textile s.r.l.
BTSR International S.P.A.
Shima Seiki Mfg. Ltd.
Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)
Aleph Srl
Abit
Rayonese Textile Inc., Division de Culp Inc.
Jiangsu Yingyang Nonwoven Machinery Company Limited
Chico’ FAS
Recron Polyester from Reliance Industries Limited
Under Armour Global Sourcing Ltd
Gap International Sourcing Limited
NV Michel Van de Wiele
Lenzing Aktiengesellschaft
IKEA of Sweden AB
Helly Hansen Far East Ltd
Flainox S.r.l.
Lottmann Communications
Eurofins BLC Leather Technology Centre Ltd
Italian Trade Commission
Permoda(Koaj/Armi/Pronto/Bkul)
G-Star Raw C.V.
Truetzschler India Private Limited
Aquarelle Clothing Limited
SYNERGIES HONG KONG LIMITED
Phong Phu international JSC (PPJ)
Newtech Textile Technology Development (Shanghai) Company Limited
Weitmann & Konrad GmbH & Co. KG
KAS Direct Sourcing
APLF Limited
MAS Active / MAS Kreeda / MAS Bodyline
Groz-Beckert East Asia LLP
Coats Digital Limited
EMBEE CORPORATION
EPCH
Comasia Limited
Woolmark Services India Pvt. Ltd.
Maceton Limited
CSGIA(China Screen Printing & Graphic Imaging Association)
Varner AS Retail
Benetton Group
Colours India Inc
Zünd Systemtechnik AG
ITMA Services Pte Ltd
Rosset ;& Cia Limited
H. Stoll AG & Company KG
SHAHI Exports Pvt Ltd
IDH – The Sustainable Trade Initiative
JES MEDIA, INC
Lenzing Aktiengesellschaft - India
Etam Group Strategy Hong Kong Limited
GERBER TECHNOLOGY LTD.
The LYCRA Company Singapore  Pte. Ltd
Alison Hayes Romania
Splash
Thai Acrylic Fibre Company Limited
BRINKMANN GMBH
PVH Corporation
Tory Burch Hong Kong Ltd
Messe Frankfurt Exhibition GmbH
Decathlon
Alix Partners
EUROVET ASIA LTD
Taiwan Textile Federation (TTF)
Loris Bellini S.r.l.
Target Corporation (MN)
Lectra Technologies India Pvt Ltd.
Gatsby Africa
IFF Media Ag - International Media Services
Savio Macchine Tessili S.P.A.
Tommy Hilfiger
Thermore (Far East) Ltd.
DuPont de Nemours, Inc.,
Copenhagen Fashion Summit
CGS Inc.
Dow Silicones Corporation
Pt. Peraga Nusantara Jaya Sakti
Landmark Group
Boardriders Asia Sourcing Limited
GHCL LIMITED
Haelixa AG
Zydex Industries
Saurer Textile Solutions Pvt. Ltd.
IIGM Private Limited
DyStar India Pvt. Ltd
Datatex Consulting Srl
Restoque S.A.
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
T.T. Limited
Page Industries Limited (Bangalore)
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
Inter Expo Center Ltd.
COTTON COUNCIL INTERNATIONAL
Color Service s.r.l.
Applied DNA Sciences Inc

May 2022

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


Advanced Search