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JD Sports buys back Go Outdoors brand from administrators

JD Sports has announced that it has bought back its Go Outdoors brand from administrators in a pre-pack deal worth 56.5 million pounds. The deal will initiate a restructuring which aims to “preserve as many jobs as possible” and retain “the majority” of Go Outdoors’ stores. The news came in the same announcement that Deloitte had been appointed...

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Business

JD Sports exploring 'strategic options' for Go Outdoors brand

JD Sports has confirmed that it is considering a number of ‘strategic options’ for its Go Outdoors brand, which is likely to see the chain enter into administration. The company said on Monday: “The group can confirm that it has considered a number of strategic options for Go and that Go's directors have lodged the Notice in Court. This Notice...

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