JD Sports buys menswear retailer Wellgosh
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The British sports-fashion retailer JD Sports acquired the Leicester-based menswear retailer Wellgosh. The financial terms of the transaction were not disclosed yet
Wellgosh, now acquired by JD Sports, owns a store located in Leicester’s pedestrianised High Street and has an online operation. The store has a portfolio of footwear and clothes from brands such as Adidas, Fred Perry, Admiral, New Balance and Y-3.
According to Companies House, JD Sports Fashion Plc took a significant controlling interest in the autumn, and Wellgosh moved its registered office address to the JD Sports HQ in Bury, Lancashire.
This announcement comes after JD Sports bought US-based trainer retailer Shoe Palace for 325 million US dollars (243.8 million British pounds), just a few weeks ago.