JD Sports has disclosed that it paid £600,000 for the trade
and assets of online footwear retailer Cloggs from its administrators. The
acquisition was made by via JD Sports’ new 88 percent-owned subsidiary “Cloggs
Online Limited”. Updating investors this morning, JD Sports said Cloggs’ niche
product offering of premium brands “is very complementary” to its own and gives
the company opportunities to extend its customer base and the width of its
offer.
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