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Chain of sports clothing shops started by David Hughes, which went into administration in 2005 with 267 shops – at the time the fourth largest sports chain. [85] JD Sports purchased the business from the administrator, including the remaining open 177 shops, which they aimed to run as a separate business. [86]
JD Sports Fashion plc, commonly known as JD Sports, JD or JD Group [3] is a British multinational sports-fashion retail company based in Bury, Greater Manchester, England. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index. The Pentland Group owns 55% of the company. [4]
The company entered administration in 2012 and is now owned by JD Sports Fashion plc. JD made a cash offer of £20 million for the majority of the retailer's 300 UK stores and said it will retain the majority of Blacks' 3,500 staff. [1] Since the acquisition by JD Sports, Blacks head offices have been relocated to JD's head offices in Bury.
Also operates a builders merchant (C.T. Baker, the original business) and two franchise branches of the Budgen's supermarket chain, including the largest by floor area in the UK in Holt and a smaller branch in Aylsham. The CT Baker group also owns a number of other retail properties in Holt. [3] Baldwins Stowmarket * Dovercourt * Ipswich: Banburys
The stake amounted to 11.9% of JD Sports in November 2013. Sports Direct formerly held 5% of Amer Sports. [19] In 2012 Sports Direct International purchased rival retailer JJB's brand name, website, 20 stores and all of their stock in a deal for approximately £24m. The deal saved around 550 jobs. [20] [21] [22] [23]
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Fuelled by a record-breaking performance from JD Sports Fashion, Pentland Group’s revenue soared 38.9% to £5.1bn for the year to 31 December 2018, with Group operating up by 9.3% to £411m. In 2018, JD Sports Fashion bought US retailer, Finish Line and opened 83 new stores, including 78 in international markets. [22]
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