Sports Direct rescues Jack Wills and adds it to its high-street empire

Latest deal means a stay of execution for staff at 100 UK stores and six franchises

Sports Direct has bought fashion firm Jack Wills out of administration, as retail mogul Mike Ashley presses on with an acquisition spree that has appeared to be backfiring badly in recent weeks.

The deal means a stay of execution for 1,700 staff working in Jack Wills’ 100 UK stores and its six franchises, including several in the Middle East.

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From our friends over at the : Business | The Guardian

 

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