Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

JD Sports Invests in Footasylum, Boosting Shares at Both Retailers

When it’s deliver-or-die, supply chains become the lifeblood of a company. To that end, the fashion industry has embraced technology to navigate today’s hyper-complicated supply chain, with myriad solutions shaping the first, middle and last mile. Call it Sourcing 2.0.

U.K. athletic apparel retailer, JD Sports, has purchased an 8.3 percent stake in footwear retailer Footasylum, with a stated interest to acquire more shares over time. Footasylum has been facing tough times of late, issuing two trading updates in 2018 lowering expectations for the year’s earnings—including the most recent update in Jan. 2019 that announced…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!