JD Sports divesting 15 non-core fashion brands

By 2022-12-19T08:21:00

JD Sports Fashion

JD Sports is selling 15 non-core, U.K.-based fashion businesses to Frasers Group for cash consideration of up to £47.5 million (€54.9m). The divestiture will result in JD taking a non-cash exceptional charge of up to £100 million and shifting more focus to the international and digital businesses of its core ...

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