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News briefs
JD Sports takes full control of MIG
JD Sports Fashion has bought a 40 percent stake in Marketing Investment Group (MIG) and is now the sole owner of the Polish-based wholesaler and multi-channel retailer. The acquisition was completed following clearance by the European Commission. JD Sports already owned a 60 percent stake in MIG, acquired in 2021. ...
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ArticleJD Sports expands into Middle East through a franchise deal
JD Sports Fashion signed the first franchise agreement for the JD banner with GMG, a Dubai-headquartered company. The partnership will enable the group ”to deliver on the roll out of its ‘JD Brand First’ strategy and is a pivotal move in the continued expansion into underpenetrated markets,” the British ...
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Article
Yue Yuen’s manufacturing revenues fall by 10%
Yue Yuen Industrial Holdings is warning investors that its results for the first quarter of 2020 will show a net loss of $50 million to $70 million, compared with a gain of $75 million in the year-ago period, because of the disruption of its supply chain and the ...
