JD Sports buys Go Outdoors - BikeBiz

JD Sports buys Go Outdoors

Go Outdoors snapped up by JD Sports
Author:
Publish date:
1-symf-ozg.jpeg

Sportswear retailer JD Sports Fashion has purchased Go Outdoors for £112.3 million.

The 58-store Go Outdoors was founded in 1998 by Paul Caplan and John Graham and is headquatered in Sheffield. It made a pretax profit of £4.9 million on revenue of £202 million pounds in 2015-16. Caplan and Graham will not be staying with the business.

JD Sports already owns Blacks, Millets, Ultimate Outdoors and Tiso, with a combined revenue of over £155 million, and 182 stores, reports Reuters.

The JD Sports group had revenue of £1.82 billion in 2015, with gross profit of 48.5 percent, which is high for a retailer.

Featured Jobs

the cycle hub

Workshop Manager

The Cycle Hub I Dubai, United Arab Emirates I Competitive Package & Bonus I Date Published Wednesday 3rd October 2018

jc cook bike promo

Mechanic/Sales Assistant

JC Cook I Grimsby/Scunthorpe I Salary: 20k Plus Commission I Date Published Tuesday 16th October 2018