JD Sports Fashion Korea
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JD Sports Fashion Korea will launch with a store in Seoul’s Gangnam district on Friday week.
It is the British sports fashion brand’s first venture into the Northeast Asian market since forming a JV with Korean retailer Shoemarker in September.
By the end of the year, JD Sports hopes to have 32 stores across Korea, to be promoted and managed by Shoemarker. They will offer such global sportswear brands as Adidas, Fila, Nike and Puma.
Founded in 1981, JD Sports Fashio has more than 1250 stores in 14 countries including Australia, France, Germany and the UK. Sales reached US$3.24 billion in 2016.
Questions & Answers
Q.Who is JD Sports Fashion partnering with for their expansion into the Korean market?
Who is JD Sports Fashion partnering with for their expansion into the Korean market?
JD Sports Fashion is partnering with Korean retailer Shoemarker. They formed a joint venture in September, with Shoemarker responsible for promoting and managing the stores.
Q.What is the timeline for JD Sports Fashion's store expansion in Korea this year?
What is the timeline for JD Sports Fashion's store expansion in Korea this year?
The first store opens in Seoul’s Gangnam district on Friday week. JD Sports hopes to have a total of 32 stores across Korea by the end of the current year.
Q.Which global sportswear brands will be available in the new JD Sports Fashion Korea stores?
Which global sportswear brands will be available in the new JD Sports Fashion Korea stores?
The new stores will offer a range of global sportswear brands. These include Adidas, Fila, Nike, and Puma, among others in their product selection.
Q.How many countries does JD Sports Fashion currently operate in globally?
How many countries does JD Sports Fashion currently operate in globally?
JD Sports Fashion operates in 14 countries, including Australia, France, Germany, and the UK. They have over 1250 stores worldwide.
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