JD Sports Fashion has insisted its £90 million takeover of high street rival Footasylum will not be bad for shoppers as it faces a full-scale probe by the competition watchdog.
Sports Direct has weighed in on the competition watchdog’s concerns over rival JD Sports’ attempted £90 million takeover of Footasylum.
The competition watchdog has warned that JD Sports’ deal to buy high street rival Footasylum could lead to “higher prices” and “worse choice” for customers.
JD Sports has defied the high street gloom by posting a searing set of results, as bosses attempted to contrast their success with the tumultuous time faced by arch rivals Sports Direct.
A Scottish teenager attempted to go on an £1,800 spending spree at JD Sports with bank cards illegally obtained from car raids.