2,000 jobs saved as Sports Direct buys Republic

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THE future of Leeds-based high street fashion retailer Republic has been secured and 2,100 jobs saved after Sports Direct International bought the chain from administrators.

The Sports World group - founded by Newcastle United owner Mike Ashley - snapped up 116 shops and stock, along with Republic’s head office in Leeds, its websites and brands SoulCal, Fabric and Crafted.

Today’s undisclosed deal comes after administrators Ernst & Young closed five Republic shops in Scotland on Tuesday, with the loss of 105 jobs, and axed another 150 jobs at its head office in Leeds.

 

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