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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 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.
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]
Ark Clothing was part of Ark Fashion Limited which was subsidiary of JD Sports PLC - consisting of five stores, and an e-commerce store based in the United Kingdom. [1]They were official stockists to a number of branded fashion labels.
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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The first store to offer a number of international brands to Chester, Tessuti’s original store introduced new labels such as Stone Island, CP Company and Giorgio Armani to the city. In May 2012, JD Sports Fashion plc acquired 40% of the business and then later in 2016 took control of Tessuti in full.
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