Go Outdoors has been placed in and acquired back out of administration in a pre-pack deal by its former and now current owner JD Sports. A fundamental restructuring of the retailer has been deemed necessary with coronavirus having forced the closure of its 67 stores across the country.

Is Go Outdoors going out of business?

Go Outdoors' 2,400 staff have been handed a temporary reprieve, after the collapsed company was sold out of administration by professional services firm Deloitte. ... This successful sale will provide Go Outdoors with an opportunity to restructure its business to secure its future for the long term.

Who has taken over Go Outdoors?

JD Sports has bought back its Go Outdoors chain for £56.5m after putting it into administration. The move will "preserve as many jobs as possible", JD Sports said, with a major restructuring plan aimed at retaining the "majority" of stores.

Has Go Outdoors changed its name?

Unfortunely, this month everything changed and suddenly GO(ing) Outdoors became exactly the thing we can't do for a while. We realised we needed to keep our GO Outdoors community of customers and staff engaged during this challenging situation. The answer was simple; change one word in our name and GO Indoors was born.

Is Go Outdoors owned by JD Sports?

JD Sports Fashion file a notice of intention to appoint Deloitte as administrator to subsidiary, Go Outdoors. The retail giant completed the acquisition of the sports and athleisurewear retail chain in 2017. ... Go Outdoors specialises in camping, fishing and cycling equipment and trades from 67 outlets.

Go outdoors tents

24 related questions found

Is Go Outdoors owned by Sports Direct?

Retailer JD Sports has bought back its Go Outdoors business for £56.5 million after pushing it into administration. ... However, JD Sports said it will push forward with a major restructuring of Go Outdoors, which employs 2,400 staff, and intends to "retain the majority" of its retail stores.

Why is go outdoors closing?

Go Outdoors, which sells camping equipment, bikes and clothes, was forced to close all its stores in March due to the ongoing coronavirus crisis. But the outdoor activities retailer has been struggling long before the pandemic - it lost £54.9 million in the six months to August 3 last year.

Who is CEO of Go outdoors?

Paul Caplan - President - GO Outdoors LTD | LinkedIn.

Is go outdoors a British company?

Since our humble beginnings, it's our products, services and prices that have kept our customers happy. We're the only UK outdoor retailer to offer good, better and best choices from a £10 walking shoe to a £900 air tent.

Who is the managing director of Go outdoors?

“Claire Webb, the current chief financial officer, will take over as managing director of Go Outdoors reporting to JD Sports chairman, Peter Cowgill.”

Is JD going into administration?

JD SPORTS has pushed Go Outdoors into administration - but immediately bought back the business for £56.5 million. It said the move will "preserve as many jobs as possible" at the troubled retailer, which sells waterproof clothing, bikes and camping products.

How much did go outdoors sell for?

Go Outdoors has been sold back to JD Sports for £56.5 million.

Can someone else use my Go Outdoors discount card?

The discount card can be used by the person it's registered too.

Does go outdoors credit?

Credit is only available to permanent UK residents aged 18+, subject to status, T&Cs apply. Please note Pay in 30 days and Pay in 3 instalments is not regulated by the FCA. Borrowing beyond your means could seriously affect your financial status, ensure you can afford to make your repayments on time by the due date.

What does Frasers group own?

We are now a collection of the world's most iconic brands including Sports Direct, House of Fraser, Frasers, FLANNELS, GAME, Jack Wills, Sofa.com, Evans Cycles, USC, and Everlast.

Is go outdoors still in administration?

Go Outdoors has been placed in and acquired back out of administration in a pre-pack deal by its former and now current owner JD Sports. A fundamental restructuring of the retailer has been deemed necessary with coronavirus having forced the closure of its 67 stores across the country.

What is go outdoors own brand?

Go Outdoors value range is best own-brand product | Analysis | Retail Week.

Who is the owner of JD Sports?

Pentland Group acquired 45% of JD Sports Fashion plc from its founders, John Wardle and David Makin, in May 2005. Pentland Group is now the majority owner of JD Sports (55%), which has 2,500 retail outlets worldwide, including JD, Scotts, Size, Blacks, GO Outdoors and Millets in the UK.

Who is the managing director of blacks?

Lee Bagnall, CEO of JD Sports Outdoor Division and Managing Director of Blacks Outdoor Retail Group, joined the OIA Board in June 2016.

How many stores does go outdoors have in the UK?

Go Outdoors has 67 stores across the UK and has lost £291.1 million in the six months to August 3 last year.

Who owns Cotswold Outdoor?

In 2015, the PAI Partners-owned AS Adventure Group, which owns Cotswold Outdoor, acquired Snow and Rock, Cycle Surgery, and Runners Need, which at the time had 46 locations.

Is snow and rock closing down?

Two Cotswold Outdoor stores and one Snow+Rock shop are to close as part of the approved Outdoor & Cycle Concepts company voluntary arrangement (CVA). Under the CVA, approved this morning by more than 97% of creditors, four stores from the UK retailer's portfolio will close in the next three months.

Is snow and rock part of Cotswold Outdoors?

Cotswold Outdoor and the Snow & Rock Group have been merged, by parent AS Advenure Group, into a new company called Outdoor and Cycle Concepts. The move follows AS's acquisition of the Snow & Rock Group, which also includes sports specialists Cycle Surgery and Runners Need, from LGV Capital in June.