Sports World acquires Gilesports

British retailer Sports World has acquired sports retailer Gilesports. Andy Giles, buying and merchandising director for Gilesports said: "Today's sport retail market is a very tough competitive environment and to compete effectively we wanted to become part of a very large group and we are delighted to be joining such a fantastic dynamic brand as Sports World," said Andy Giles, buying and merchandising director of Gilesports, which has a network of over 80 stores in the South West, the Midlands and Wales.

Bob Mellors, CFO of Sports World, said: "The negotiations were exceptionally smooth with both parties working well together and we are currently undertaking a strategic review with our key suppliers to ensure the continued success of the business." Sports World has 200 stores throughout the UK , offering sporting apparel, equipment and accessories.