Football shirts joined by Ted Baker and Paul Smith lines
Sports and leisurewear retailer John David Group has acquired RD Scott for£4 million, to boost its footing in the fashion retail sector.
RD Scott's 23 stores, which stock Ted Baker, Paul Smith, Rockport and Lacoste brands, will complement John David Group's 34 stores, expanding its existing fashion division.
Despite RD Scott recording operating losses in the past two quarters, John David Group expects that the acquisition will allow it to compete on a more equal footing with multiple fashion brand retailers.
John David Group executive chairman Peter Cowgill said the acquisition 'should be the foundation of a profitable future for the combined business'.
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