Sports World acquires Gilesports
Sports World International has announced the acquisition of the 72 strong Gilesports retail chain.
The Gilesports ethos will remain but with the full support and backing of Sports World, one of the most exciting and rapidly growing retail outfits in the UK.
Andy Giles, buying and merchandising director of Gilesports said; “Today’s sport retail market is a very tough competitive environment and to compete effectively we wanted to become part of a very large group and we are delighted to be joining such a fantastic dynamic brand as Sports World.”
Bob Mellors, chief finance officer at Sports World commented; “The negotiations were exceptionally smooth with both parties working well together and we are currently undertaking a strategic review with our key suppliers to ensure of the continued success of the business.”
Sports World currently has 200 stores across the UK which are a unique mix of sporting apparel, equipment and accessories.
