 Financial difficulties beginning in the late 1990s led to the company entering receivership in March 2003, after which the trademark was acquired by Sports Direct and is now used for various budget outdoor and running products.Karrimor was founded and based in Lancashire, England, following World War II, with the company moving early on from Rawtenstall shop premises to nearby Clayton-le-Moors.Its history began in 1943, when Waterfoot bicycle shop owner Charles Parsons (1910–?)