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JD Sports Offloads 15 Fashion Brands To Mike Ashley’s Frasers Group In $58 Million Deal

Por: Forbes Business December 17, 2022

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Flannels' new store in Liverpool, U.K., exemplifies Frasers Group's plans to move upmarket.Flannels Frasers Group, the owner of the Sports Direct chain founded by , has agreed to buy a string of fashion brands from the leisurewear retailer JD Sports Fashion for “up to” £47.5 million ($57.7 million) which covers the acquisition of shares in the labels and their debt. The move—announced late on Friday afternoon just before the... + full article



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