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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 .
In 1999, it was sold to Louis Vuitton Moët Hennessy, which paid about €48 million for 70% of the company. [1] [2] [8] [9] At the time, the company had 20 shops, including 17 in the UK, one in Dublin and two in the United States. [10] LVMH bought the remaining 30% of the company in 2003. [9]
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Blacks is the largest outdoor retailer in the UK with stores nationwide. 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]
Louis Vuitton is one of the world's leading international fashion houses. It sells its products through standalone boutiques, lease departments in high-end departmental stores, and through the e-commerce section of its website. [5] [6] Louis Vuitton merged with Moët Hennessy in 1987 to create LVMH, of which it is a subsidiary.
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. Shops were changed to Sports Direct or closed between 2002 and 2012, leaving the Regent Street shop as the sole location.
[10] [11] It was also rumoured at the same time that LVMH were considering Anderson for the role of creative director at Louis Vuitton. [12] It was announced in September 2013 that LVMH had acquired a minority stake in JW Anderson. [13] As part of the deal, Anderson was announced as creative director of the Spanish fashion house, Loewe. [14]
In 2022, Louis Vuitton announced a €1 million donation to UNICEF to help the Ukrainian victims of the Russian invasion. [106] On 2 March 2022, LVMH Group pledged €5 million to the Red Cross to those affected by the war. [107] [108] In addition, the company closed 124 of its stores in Russia. [109]
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