Cross out the wrong variant
JD steps across the Channel to buy Chausport
by Samantha Pearson
JD Sports Fashion kicked off its plans for international expansion by
- buying
- to buy
Chausport, a French sportswear chain, for €8m cash, or roughly £7m.
The UK's third-biggest sportswear retailer by turnover said it would acquire all 78 stores and share capital of Chausport, which
- is based
- bases
in northern France, and inherit its net debt of €2m.
Young shoppers — less affected by the recession than their parents —
- did continue
- have continued
to queue for popular brands of trainers and tracksuits in the downturn, allowing JD
- performing
- to perform
better than some on the British high street.
The company
- was saying
- said
: "This strategic acquisition gives JD the opportunity for further growth by entering a new and sizeable European market outside of its established bases in the UK and Ireland."
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- [ ].
- [ ].
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