The administrator for fashion retailer Republic has said welcomed the move to secure 2,100 jobs, after Sports Direct International bought the chain.
The 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. Administrator Hunter Kelly said:
More than 2,100 jobs have been saved by Sports Direct International's purchase of 116 stores from fashion retailer Republic.
The Sports World group has also taken over the stock, along with the group's head office in Leeds and its websites and brands SoulCal, Fabric and Crafted.
Sports Direct International has acquired 114 stores from the administrators of fashion chain Republic.
The move comes three days after Sports Direct owner Mike Ashley sold part of his stake in the firm to raise around £100m in cash.
Ernst & Young, administrator to Republic, has confirmed that it has made 150 staff redundant at the fashion chain's Leeds headquarters.
Ernst & Young, administrator to Leeds-based group, Republic, said the that 121 stores will continue to trade while it looks for a buyer for the business.
Republic, which started as a men's denim retailer in 1986 under the Best Jeans brand in Leeds, was hit by a "sudden and rapid decline" in sales at the end of last month after poor trading results over the autumn.
Fashion chain Republic has collapsed into administration, putting 2,500 jobs at risk.