Reporting Sharply Lower Profits, Sdi Sells Original Shoe To Jjb
While reporting a big drop in profits (see Sporting Goods Intelligence Europe for details), Sports Direct International announced last week its decision to sell the Original Shoe Company (OSC) for £5 million (€6.9m-$10.0m) in cash to JJB Sports, its leading rival in the UK sports retail business, in a deal ...
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