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// JD Sports activities buys majority stake in on-line vogue retailer Missy Empire for an undisclosed sum
// A part of wider ambitions for JD Sports activities to achieve a footprint within the younger quick vogue market
// Missy Empire to stay an unbiased enterprise from the broader JD Sports activities group
JD Sports activities has reportedly bought a majority stake in on-line vogue retailer Missy Empire.
In line with Drapers, the deal – made at an undisclosed sum and understood to be finalised this week – is a part of wider ambitions for JD Sports activities to achieve a footprint within the younger quick vogue market.
The Manchester-based Missy Empire would additionally reportedly stay an unbiased enterprise from the broader JD Sports activities group, though some crew members from the latter may assist Miss Empire scale the enterprise for future progress.
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Nonetheless, JD Sports activities majority stake may imply the net retailer would have its sportswear assortment Missy Sport bought in JD Sports activities shops and on its web site subsequent 12 months.
The information comes on the again of an acquisition spree this 12 months for JD Sports activities.
To this point it has purchased US footwear label DTLR and Manchester-based menswear retailer Oi Polloi.
On the flipside, it bought its Netherlands-based retail enterprise Sports activities Limitless Retail to Iberian Sports activities Retail Group, JD Sports activities’ 50.02 per cent-owned subsidiary primarily based in Spain, for €16.5 million (£14 million).
JD Sports activities has additionally expressed curiosity in Debenhams and was reportedly one of many suitors for Arcadia Group – however neither bids proved profitable for the retail large.
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