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Tessuti is a chain of designer stores in the United Kingdom, retailing men’s and women’s designer collections, including clothing, shoes and accessories for men and women. Tessuti was founded in 1985 by David Light. In December 2022, Frasers Group acquired Tessuti from JD Sports who had previously owned the company in full since 2016. [2]
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 .
Founded by the Lillywhite family in Haymarket, London. Moved to their current location at 25 Regent Street, London in 1925. Opened shops in numerous city locations. At one time owned by the Forte Group, it was purchased by Jerónimo Martins in 1996. The business struggled in the competitive UK sports market and in 2002 was sold to Sports Direct.
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Pentland Group acquired 45% of JD Sports Fashion plc from its founders, John Wardle and David Makin, in May 2005. [9] Pentland Group is now the majority owner of JD Sports (55%), which has 2,500 retail outlets worldwide, including JD, Scotts, Size, Blacks, GO Outdoors and Millets in the UK.
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In January 2016, JD Sports PLC announced it planned to close all Ark Clothing stores. Ark Clothing announced this on their Instagram page and shortly after a closing down sale was launched. By mid May 2016, all Ark stores were closed and their website shut down.
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