JD Sports Buys Back Go Outdoors
Just a day after appointing Deloitte LLP to administer the struggling outdoor chain, JD has re-acquired substantially all of the assets of Go for £56.5 million in a “pre-pack” administration deal. It committed to remaining in all 67 of Go’s current locations for at least a year, negotiating with landlords to determine which doors will stay open after that point. The money returns to the group as partial repayment ... Log in to view full article.