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UK Court Overturns Ban on JD Sports’ Proposed Footasylum Takeover

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.

A heated battle between one of the U.K.’s chief judicial bodies and one of the nation’s biggest commerce regulators just tilted in JD Sports Fashion’s favor as the casual sports apparel retailer may be able to complete its contested merger with Footasylum after all. The Competition Appeal Tribunal (CAT) overturned the Competition and Markets Authority’s (CMA)…

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