THE RETAIL BULLETIN - The home of retail news
Click here
Home Page
News Categories
Commentary
CX
Department Stores
Electricals and Tech
Entertainment
Fashion
Food and Drink
General Merchandise
Grocery
Health and Beauty
Home and DIY
Interviews
People Matter
Retail Business Strategy
Property
Retail Solutions
Electricals & Technology
Sports and Leisure
Christmas Ads
Shopping Centres, High Streets & Retail Parks
Uncategorized
Retail Events
People in Retail Awards 2024
Retail HR Summit
THE Retail Conference
Retail HR North 2025
Retail Ecom North
Omnichannel Futures 2025
Retail HR Central 2025
The Future of The High Street 2025
Retail Ecom Central
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
JD Sports set to concede to watchdog in Footasylum battle

JD Sports is on the cusp of relinquishing ownership of Footasylum following a protracted battle with the Competition Markets Authority (CMA) regarding the proposed rival takeover…. View Article

FASHION RETAIL NEWS UK

JD Sports set to concede to watchdog in Footasylum battle

JD Sports is on the cusp of relinquishing ownership of Footasylum following a protracted battle with the Competition Markets Authority (CMA) regarding the proposed rival takeover.

JD Sports’ £90m acquisition of Footasylum has been under investigation by the CMA since the deal was first announced in March 2019.

After a decision from the watchdog, JD was instructed to sell the smaller company in November. The CMA decided the takeover could slash competition and result in a worse deal for Footasylum customers.

Peter Cowgill, executive chairman of JD Sports called the CMA’s decision “inexplicable” at the time.

However, the deadline for the retailer to appeal the decision to the Competition Appeal Tribunal passed earlier this month.

Subscribe For Retail News