Sumary of JD Sports takes “significant” stake in Gym King:
- Published Jul 22, 2021 Reading time 2 minutes Download Print Text size aA+ aA- Published Jul 22, 2021 In what looks to be a strong fit, retail giant JD Sports Fashion has made a multi-million-pound investment in UK performance wear/althleisure retailer Gym King.
- Gym KingJD said it had taken “significant” minority stake in the Yorkshire-based firm which was founded by Jay Parker in 2015. Its product is sold though JD Sports stores, a host of other independent sportswear retailers and via its own website.
- Jay Parker added: “This strategic partnership will help Gym King capitalise on the huge opportunity ahead of us, becoming a world renowned ‘lifestyle performance’ brand.