JD Sports Fashion PLC Acquisition (0776A)
18 Enero 2024 - 1:00AM
UK Regulatory
TIDMJD.
RNS Number : 0776A
JD Sports Fashion PLC
18 January 2024
18 January 2024
JD SPORTS FASHION PLC
Marketing Investment Group S.A. - completed acquisition
JD Sports Fashion Plc ('JD' or the 'Group') is pleased to
announce it has completed the acquisition of the 40% minority stake
in Marketing Investment Group S.A. ('MIG' or 'Company') and is now
the 100% sole owner.
This acquisition has been completed following receipt of a
decision from the European Commission declaring the transaction
compatible with the internal market.
As a result of taking full control of MIG, JD has both
simplified further its European operations and created the
opportunity to accelerate the rollout of the JD brand in Central
and Eastern Europe.
In the financial year to January 2024, MIG generated revenues of
approximately GBP270m. As at 30 December 2023, MIG operated a total
of 403 stores across 13 countries, including 23 JD stores.
Enquiries
JD Sports Fashion Plc Tel: 0161 767 1000
Régis Schultz, Chief Executive Officer
Dominic Platt, Chief Financial Officer
Mark Blythman, Director of Investor Relations
Advisors
Investec Bank Plc - David Flin Tel: 0207 597 5970
Peel Hunt LLP - Dan Webster Tel: 0207 418 8869
FGS Global - Rollo Head, Jenny Davey, James Thompson Tel: 0207
251 3801
About JD Sports Fashion Plc
Founded in 1981, the JD Group ('JD') is a leading global
omnichannel retailer of Sports Fashion brands. JD provides
customers with the latest exclusive products from its strategic
partnerships with the most-loved premium brands - including Nike,
adidas and The North Face. The vision of JD is to inspire the
emerging generation of consumers through a connection to the
universal culture of sport, music and fashion. JD focuses on four
strategic pillars: global expansion focused on the JD brand first;
leveraging complementary concepts; moving beyond physical retail by
creating a lifestyle ecosystem of relevant products and services;
and doing the best for its people, partners and communities. JD is
a constituent of the FTSE 100 index and had 3,329 stores worldwide
at 30 December 2023.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
ACQGPUMGGUPCPPM
(END) Dow Jones Newswires
January 18, 2024 02:00 ET (07:00 GMT)
Jd Sports Fashion (LSE:JD.)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024
Jd Sports Fashion (LSE:JD.)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024
