Date: October 2022
Buyer: Frasers Group
Target: Base Childrenswear, Choice, Clothingsites (including Brown Bag Clothing), Cricket, Giulio, Kids Cavern, Missy Empire, Nicholas Deakins, Pretty Green, Prevu Studio, Rascal Clothing, Tessuti (including Xile), Scotts, Watch Shop and Topgrade Sportswear (including Get The Label).
Business: Luxury clothing
Value: £47.5 million
Details: In a surprise turn of events, JD sports has sold 15 of its “non core” fashion businesses which includes the luxury boutiques Gioulio and Cricket to its former rival Frasers Group. The sale of Cricket, Tessuti Scotts, Giulio, Choice, Rascal Clothing and Topgrade Sportswear (including Get The Label) are expected to complete in early 2023 whilst the sale of the other businesses were completed on exchange of contracts.