JD steps out after Cloggs rescue
JD SPORTS, the listed retail giant, has bought ailing footwear business Cloggs Online - which sells brands including Dr Martens, Fitflop, Converse, Vans and Hunter.
Bury-based JD has acquired the Birmingham-based business out of administration for an undisclosed sum.
Cloggs' management are being retained and the business continue to be based in the West Midlands.
The sale of the business and assets secures the jobs of employees and was negotiated by joint administrators, Lila Thomas and David Acland... For the full story register now for free or login below...