JD Sports Fashion plc (LON:JD)

Retail

JD Sports Fashion plc (LON: JD) is a United Kingdom domiciled apparel retailing with a specialisation in sports and fashion wear. Headquartered in Bury Lancashire England the company has over time expanded its business to the United States, Europe, Asia, and Australia. Founded in 1981 with its first store opening in 1981 and the company going public in the year 1996, it is now one of the largest retailers of UK. Over the years the company has also grown inorganically through a series of acquisitions. In the year 2001, the company acquired First Sport from Blacks Leisure Group which brought nearly 200 stores to its fold. In the year 2005, it acquired 70 stores from the administrators of Allsport which went into administration earlier that year. In 2007 the company bought out Bank Stores, a retailer of fashion brands for £19 million. In 2009 the company acquired Chausport, which had 75 small store chain in France. In 2011 the company acquired Champion Sports for €19.6 million, in 2012 acquired clothing brand FLY53 for an undisclosed amount, same year acquired 40 per cent stake in fashion retailer Tessuti and acquired the rest in 2016. The company is also the official suppliers of apparel and sponsors of numerous sports associations and teams. Some famous teams being Dundee United, Blackpool, Luton Town, Oldham Athletic, Charlton Athletic and Bournemouth. The shares of JD Sports Fashion Plc are listed on the Premium main Market segment of the London Stock Exchange. Here these stocks are identified and trade with the ticker name JD. The shares of the company also are part of the FTSE 100 index at the exchange.

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