Half of Evans Cycles stores to close as Sports Direct buys struggling chain

Sports Direct owner Mike Ashley says only 50 per cent of stores will stay open

Evans Cycles (Alamy Stock Photo)

(Image credit: Alamy Stock Photo)

Struggling high street chain Evans Cycles has been bought by Sports Direct, with half of the shops expected to be closed.

Billionaire owner of the sportswear shop Mike Ashley will take control of struggling Evans.

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