JD saves jobs with Ark rescue

BURY-based JD Sports Fashion has saved 160 jobs after buying fashion retailer  Ark out of administration.

The listed company will retain 10 stores, but "uneconomic" sites in Cambridge, Norwich and Merry Hill in the Midlands and a Hearts and Bows store in Manchester have been closed by administrators Begbies Traynor.

Ark's parent company Rett Retail will contined to be based in Leeds office and  its current management team has been retained.

A spokesperson for JD Sports Fashion Ltd, said: “We are delighted t... For the full story register now for free or login below...