industry retail founded 1989 edinburgh founder angus morrison and david douglas headquarters united kingdom number of locations 92 area served uk products clothing owner sports direct website www.usc.co.uk usc is a clothing retailer that sells branded clothing across the united kingdom . the company was founded in 1989 in edinburgh and has been owned by sports direct since 2011 . contents 1 history 1.1 2015 administration 1.2 2015 restructuring 2 references 3 external links history edit the first usc store opened in 1989 in edinburgh and specialised in sports clothing . usc originally stood for united sports corporation and was founded by angus morrison and david douglas . 1 usc was purchased for 43 million by sir tom hunter in 2004 . 2 the company entered into administration on 29 december 2008 3 4 and 15 stores were closed . the remaining 43 stores were bought in a pre packaged deal by dundonald holdings ltd also owned by sir tom hunter . 5 in july 2011 tom hunter sold 80 % of usc to mike ashley s sports direct chain . in early 2012 sports direct bought the remaining 20 % and now fully own the business . usc s head office still remains in dundonald ayrshire . sports direct purchased republic out of administration in 2013 and merged the business with usc . 6 7 2015 administration edit on thursday 8 january 2015 city a.m. reported that mike ashley was preparing to place usc into administration after filing a notice of the intention to appoint receivers at the high court on wednesday 7 january 2015 . it was further reported by city a.m. that duff & phelps will act as the administrators . on the morning of wednesday 7 january 2015 dozens of staff at the usc warehouse in dundonald ayrshire were given their notice of redundancy when trucks from sports direct arrived at the warehouse to take goods to shirebrook nottingham . citation needed in the two preceding months leases for many of usc s stores were transferred to republic and the usc trademark was transferred to another sports direct company . 8 in october 2015 the chief executive of sports direct david forsey was charged with a criminal offence for consultation failures over usc staff who only had 15 minutes notice of redundancy . 9 10 2015 restructuring edit on january 16 2015 usc was bought out of administration by another sports direct holding company republic retail limited . although controversial as a pre packed administration this move allowed the existing stores and remaining staff to continue to trade . 11 sports direct received criticism by mps for refusing to pay suppliers such as diesel and laying off staff with only fifteen minutes notice . 12 prior to the administration usc had been trading at a loss and had issues with its trade credit insurance meaning that suppliers were not covered for lost stock if the company had collapsed . the company owed money to diesel who issued a winding up order to attempt to recoup the debt ; which is what triggered usc s administration . 13 it was revealed that diesel had severed a fifteen year relationship with usc the year before . 14 as of february 25 2015 the administration process wiped 15.3 million worth of debt leaving 15.2 million remaining owed to creditors . of this amount usc owes 14.3 million to trade and expense creditors 576 499 to hmrc and 286 333 in issued gift vouchers . 15 references edit hunter steps in to snap up clothing chain usc in gbp 45m deal fashion chain jobs under threat . bbc news . 29 december 2008 . retrieved 31 december 2008 . jobs under threat after usc deal . bbc news . 29 december 2008 . retrieved 31 december 2008 . thompson james 29 december 2008 . usc set to enter administration . london the independent . retrieved 29 december 2009 . sibun jonathan 30 december 2008 . usc in administration sir tom hunter buys 43 stores . the telegraph . london . retrieved 9 february 2014 . goldfingle jemma 18 july 2013 . republic and usc to merge and brands decide which name stays says sports direct boss dave forsey . retail week . retrieved 9 february 2014 . we ve joined forces . usc . 2014 . retrieved 9 february 2014 . simon goodley 11 december 2015 . revealed how sports direct stripped usc assets before it collapsed . the guardian . retrieved 11 december 2015 . simon goodley sarah butler 9 october 2015 . sports direct chief executive charged over usc administration . the guardian . retrieved 11 december 2015 . noel o reilly 21 october 2015 . company directors face criminal charges over redundancies . personnel today . retrieved 11 december 2015 . http www.retail week.com sectors fashion usc bought out of administration by fellow sports direct fascia republic 5068129 . article http www.theguardian.com business 2015 mar 25 sports direct backstreet outfit mps parliamentary inquiry http www.thisismoney.co.uk money markets article 2913857 mike ashley buys usc store complex administration deal.html anderson elizabeth 16 january 2015 . usc bought out of administration by republic . the daily telegraph . london . https fashionunited.uk news business after administration usc owes 15 2 million to creditors 2015022515636 external links edit official website retrieved from https en.wikipedia.org w index.php title usc clothing retailer & oldid 716454314 categories clothing retailers of the united kingdomclothing companies established in 1989companies that have entered administration in the united kingdomhidden categories all articles with unsourced statementsarticles with unsourced statements from december 2015 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 21 april 2016 at 21 37 . text is available under the creative commons attribution sharealike license ; 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