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JD Sports’ growth story set for another chapter

The Times

Plenty of British retailers have stumbled and fallen on what they hoped would be a path to riches in America — think Marks & Spencer, or Tesco — but one that seems to be walking the walk as well as talking the talk is JD Sports. In fact, it shows every sign of expanding still further in the world’s biggest economy.

Having just raised more than £460 million from a placing with its shareholders, it has about £800 million or so to put to work in an international growth drive that, in addition to furthering its American dream, is likely to take it deeper into eastern Europe and southern Africa.

The first JD Sports shop was opened in Bury, Greater Manchester, in 1981. If all