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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]
By July 2008, Sports Direct was also holding a 12.3% holding in the John David Group, parent of JD Sports. [19] The stake amounted to 11.9% of JD Sports in November 2013. Sports Direct formerly held 5% of Amer Sports . [ 20 ]
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.
This offset growth across the Sports Direct brand, it added. The group also reported that revenues in its premium lifestyle business – which includes Frasers and Flannels – dropped by 14.1% ...
“With the combination of more direct to consumer from the brands, the deepening of specialists like [Dick’s Sporting Goods], the incursion of JD Sports, Foot Locker still looks risky,” said ...
The brand was established in November 2005 as a result of the merger of the former Littlewoods and Shop Direct companies. The retailer was known as Littlewoods Shop Direct Group until a corporate rebranding to Shop Direct Group in May 2008. In 2013, the company rebranded to Shop Direct, dropping the 'group' from its name. [3]
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