The once-quiet British firm is suddenly making big noise on the American retail scene.
Sports Direct has moved aggressively over the past few years to snap up new businesses.
Although firms can still bid on Sports Authority’s intellectual property this week, hope for saving any of its stores has all but vanished.
Sports Direct has snapped up another chunk of Iconix shares, upping its stake from 11.5 percent, to 14.4 percent.
British powerhouse Sports Direct is quietly taking stock positions in American businesses.