Azrieli mulls bringing UK chain JD Sports to Israel

JD Sports  / Photo: Shutterstock, Shutterstock.com

The range of brands JD Sports sells includes Nike, Adidas, Puma, North Face and its own brands.

Israeli shopping mall giant Azrieli Group Ltd. (TASE: AZRG) is considering bringing UK sports chain JD Sports to Israel. Founded in 1981, the JD Group has 2,400 stores in 18 countries including 690 JD Sports stores and annual revenue of £4.7 billion. The range of brands JD Sports sells includes Nike, Adidas, Puma, North Face and its own brands.

Azrieli is eager to bring new anchor store brands to Israel itself and offer a package that helps the chains and increases traffic in the company's malls. In the past "Globes" has reported such talks with Swiss company Intersport and Canada's Lululemon Athletica.

Azrieli said, "The Azrieli Group neither denies nor confirms matters concerning the internal management of the company."

Published by Globes, Israel business news - en.globes.co.il - on January 7, 2020

© Copyright of Globes Publisher Itonut (1983) Ltd. 2020 .

JD Sports  / Photo: Shutterstock, Shutterstock.com
JD Sports / Photo: Shutterstock, Shutterstock.com
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