Honeysuckle is to be used as a shell group to buy sports brands and retailers specialising in skiing, surfing and climbing.
It follows the purchase by Andy Anderson of a 49.5% stake in the women’s clothing group.
Anderson made £33m when he sold Porterbrook to Stagecoach.
The Daily Telegraph 25/11/99 page 41
The Times 25/11/99 page 38