UK-based sports fashion powerhouse JD Sports is set to make its debut in the Philippines through a strategic franchise agreement with local retail leader SSI Group. This expansion marks another milestone in JD Sports’ global growth strategy and Southeast Asia penetration. First JD Sports Stores Coming to Metro Manila The first two JD Sports locations…
By Yadarisa Shabong (Reuters) -JD Sports Fashion has proposed to buy American athletic fashion retailer Hibbett Inc for about $1.08 billion, the companies said on Tuesday, as Britain’s biggest sportswear retailer looks to expand across the southeastern U.S. The deal comes as shares in athletic clothing retailers come under pressure globally after weak outlooks from…
Preparation work for the Olympics is in full swing in Paris, and a strong sporting vibe is spreading through the city’s main thoroughfares. Last week, Puma and Nike were the first to stage press conferences, and are setting up Parisian homes for their teams and athletes this summer. In retail too, the Olympic spirit is permeating the streets of Paris. Canadian…
JD Sports has a documented international franchise strategy built around substantial regional operators. Its agreements with GMG and Grupo Axo show the proposition clearly: multi-store development, local operating capability and, in Mexico, an integrated e-commerce business. Investors need to present a retail platform capable of delivering that scale.