THE RETAIL BULLETIN - The home of retail news
Lest we forget
HOME
RETAIL NEWS
RETAIL EVENTS
Fashion
Department Stores
Shopping Centres & Retail Parks
Home & DIY
Electricals
Health & Beauty
General Merchandise
Entertainment
Sports & Leisure
Retail Solutions
Food & Drink
Interviews
RETAIL INSIGHTS
RETAIL SOLUTIONS
ABOUT US
CONTACT US
SUBSCRIBE FOR FREE
Gelert rescued by Sports Direct

Camping and outdoor specialist Gelert has been saved from collapse after being bought by Sports Direct.

GENERAL MERCHANDISE

Gelert rescued by Sports Direct

Camping and outdoor specialist Gelert has been saved from collapse after being bought by Sports Direct.

The majority of the Widnes-based business and assets have been acquired by the sporting goods retailer which already has a portfolio of sport, fashion and lifestyle brands including Dunlop, Slazenger, Everlast, Lonsdale and Karrimor. 

Gelert was established in 1975 and operates as an importer, wholesaler and retailer of outdoor and camping equipment. It has retail outlets in Porthmadog, Bedgellert, Caernarfon, Betws-y-coed and Dublin, in addition to a showroom in Haydock and wholesale activities operating from its Widnes headquarters.

David Riley and Les Ross of Grant Thornton were appointed as administrative receivers of Gelert Ltd on 21 June in order to complete the sale.

The value of the deal for has not been disclosed but it will secure around 100 jobs in Wales and the North West. Grant Thornton is currently reviewing options for the Dublin retail operation, which is not included in the sale.

Commenting on the acquisition, Riley said: “Gelert is a well-established brand and we are delighted to have been able to secure a sale to set it on a new course for the future under new ownership.”

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

RETAIL EVENTS

The Retail Design Seminar 2018
The Retail Design Seminar 2018
14 November 2018
The Cavendish Conference Centre
The Retail Design Seminar 2018
Omnichannel Futures Conference 2019
Omnichannel Futures Conference 2019
6 February 2019
Cavendish Conference Centre, London WG1 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy
Customer Engagement Conference 2019
Customer Engagement Conference 2019
5 June 2019
Cavendish Conference Centre, London W1
The 10th Annual Retail Customer Engagement Summit
AI in Retail Conference 2019
AI in Retail Conference 2019
18 September 2019
Cavendish Conference Center, 22 Duchess Mews, London W1G 9DT
Retail marketing is changing pace rapidly by making communication across all platforms personalised, relevant, efficient, and helpful. AI not only helps shoppers find a perfect product but also pre-empts the shopping behaviour and speeds up payment.
The HR Summit 2019
The HR Summit 2019
Tuesday 8 October 2019
The Cavendish Conference Centre, London W1
The 11th HR Summit 2019, The Cavendish Conference Centre, London W1, 8 October 2019
Fix The Dinosaur Roundtable 2018
Fix The Dinosaur Roundtable 2018
19 October 2018
The Euston Suite, The Hallam, 44 Hallam St, London W1W 6JJ
A Masterclass in IBMi Legacy Issues