World Footwear

Companies

Dick's Sporting Goods buys Sports Authority name

Jul 4, 2016 United States
Dick's Sporting Goods buys Sports Authority name
The Pennsylvania-headquartered company triumphed at the auction for Sports Authority Holdings Inc.’s brand name and intellectual property rights with a bid of 15 million US dollars
Dick’s Sporting Goods beat out competitor Sports Direct International PLC. Sources close to the matter confirmed that the British retailer came in second place at the auction with a 13 million US dollars.

In addition to the intellectual property rights, including the usage of the name, Dick’s Sporting Goods also acquired 31 Sports Authority store leases

All winning bids are subject to the approval of the US Bankruptcy Court in Wilmington, which is overseeing Sports Authority’s chapter 11 case.

There are no official comments yet from none of the involved parties.

The liquidation of Sports Authority’s is being conducted by Hilco, Gordon Brothers Retail Partners LLC, and Tiger Capital Group LLC, in a process started at the end of May.

Related Events

  • Jul
    22
    Jul 22-Jul 24, 2025 | San Diego; Las Vegas (summer edition), United States

    The IR Show

  • Jul
    27
    Jul 27-Jul 28, 2025 | Lexington, Kentucky, United States

    Bluegrass Buyers Market

  • Jul
    30
    Jul 30-Jul 31, 2025 | Chicago, United States

    Chicago Shoe Market

  • Aug
    2
    Aug 2-Aug 4, 2025 | Livonia, United States

    Michigan Shoe Market

Related Organizations

  • USFMA - United States Footwear Manufacturers

    USFMA - United States Footwear Manufacturers

    United States
  • Two Ten Footwear Foundation

    Two Ten Footwear Foundation

    United States
  • FFANY - Fashion Footwear Association of New York

    FFANY - Fashion Footwear Association of New York

    United States
  • The Museum at FIT

    The Museum at FIT

    United States