×
202
Fashion Jobs
EXPLODE SERVICES
Quality Assurance Manager Home Furnishing Garments For Noida
Permanent · Noida
EXPLODE SERVICES
Manager ie Garment Exports
Permanent · Noida
THE BANYAN HR CONSULTS
Merchandising Manager For a Seamless Garments Textile co at Coimbatore
Permanent · Coimbatore
OPERA CLOTHING PRIVATE LIMITED
Production Manager For Garment Manufacturing Factory
Permanent · Vapi
GOKALDAS EXPORTS LTD
sr. Manager - Technical - Garments Industry Background
Permanent · Bengaluru
NIKE
Lead Technical Product Manager, ed&a – Apla
Permanent · Bengaluru
NIKE
Senior Security Incident Responder – Cis
Permanent · Bengaluru
FAABIIANA
Executive For Online Product & Order Management
Permanent · NEW DELHI
FAABIIANA
Customer Sales Executive (Female)
Permanent · NEW DELHI
PEOPLE ALLIANCE WORKFORCE PRIVATE LIMITED
Category Manager/sr. Manager-Institutional Sales - Garments Industry
Permanent · Bhiwandi
NIKE
Senior Technical Product Manager, Inventory & Order – Apla
Permanent · Bengaluru
NIKE
Senior Technical Product Manager, Finance – Apla
Permanent · Bengaluru
NIKE
Senior Technical Product Manager, Core Erp – Apla
Permanent · Bengaluru
OMREELS BIOSCOPE PVT LTD
Senior Executive Ecommerce
Permanent · MUMBAI
NIKE
Senior Technical Program Manager, Marketing Tech – Dtpo
Permanent · Bengaluru
NIKE
Service Delivery Manager, Operations Center – Tech Ops
Permanent · Bengaluru
NIKE
Director, Security Solutions & Delivery – Cis
Permanent · Bengaluru
NIKE
HR Manager - Nike India Technology Centre
Permanent · Bengaluru
NIKE
Financial Controller - India
Permanent · Bengaluru
NIKE
Software Engineering Manager, Finance & Procurement Technology – cf&c
Permanent · Bengaluru
NIKE
Service Delivery Manager, Sap & Omdl (Order Management & Delivery) – Tech Ops
Permanent · Bengaluru
NIKE
Service Delivery Manager, Batch & bi – Tech Ops
Permanent · Bengaluru
By
Reuters
Published
Jan 8, 2015
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Sports Direct to close a third of fashion unit USC

By
Reuters
Published
Jan 8, 2015

LONDON, United Kingdom - Sports Direct, Britain's biggest sporting retailer, is planning to close up to a third of its loss-making USC fashion stores, an industry source told Reuters on Thursday.

The group, majority owned by founder and Newcastle United soccer club owner Mike Ashley, has filed a notice of intention to appoint receivers to USC, which is made up of 90 UK stores selling jeans, shoes and jackets to teens and twentysomethings.


Around a third of those shops will close with the rest continuing to trade, an industry source, who did not wish to be named, said on Thursday. A formal notice of intention usually gives a company 10 days before it has to declare insolvency.

Sports Direct declined to comment.

Sports Direct, which has over 430 UK sports stores and another 270 elsewhere in Europe, has owned USC since 2011 and it makes up the majority of the company's additional premium lifestyle, or fashion division.

The division, which has already undergone restructuring and store closures following the acquisition of fashion retailer Republic in 2013, posted losses of 7.8 million pounds for the 26 weeks to Oct. 26 in December.

© Thomson Reuters 2022 All rights reserved.