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22.11 - 16:09
JD Sports furious as regulator orders it to sell Footasylum
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JD Sports has been ordered to sell Footasylum, the trainer retailing rival it bought in 2019, after the competition regulator once more found that the takeover had reduced competition for high street shoppers.
The retailer reacted with fury, saying that the Competition and Markets Authority (CMA) was in a “minority of one” and that the decision was “inexplicable” and “defies logic”.
The CMA will oversee the sale of Footasylum, which has been fully integrated into JD Sports, and must approve the
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