The well-known retailer JD Sports has just acquired outdoor clothing retailer Blacks Leisure, which also owns Milletts stores.  (BBC, 9th January 2012)

This gives JD further high street presence with the Blacks and Milletts branches and the Blacks outdoor wear brands, Peter Storm and Eurohike, add to JD’s exclusive and stylish fashion and sports product ranges.

This acquisition reflects JD’s strategy of growth both by developoing its customer base to increase revenues (organic growth) and also by acquiring new businesses and products to increase its portfolio (inorganic growth).

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