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JD Sports Slams UK Watchdog’s ‘Absurd’ Decision Blocking Footasylum Merger

Rivet's 2020 Denim Circularity report takes a deep dive into how the global denim industry is plotting its circular future amidst a worldwide pandemic.

On Wednesday, the U.K.’s Competition and Markets Authority (CMA) handed down its decision to block the merger between JD Sports and Footasylum, a decision JD Sports said fails to take into account the lasting impact of the coronavirus pandemic. A merger between the larger JD Sports and smaller competitor Footasylum would result in fewer discounts…

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