Uncertainty over future of Go Outdoors and 2,400 jobs
JD Sports has filed for court protection for its subsidiary Go Outdoors to keep creditors at bay as it mulls over what to do with the business.
The camping and hiking specialist’s owner said a 10-day moratorium would ensure that creditors cannot take legal action without permission of the court.
Go Outdoors employs around 2,400 people across the UK, with stores in many towns and cities including Preston, Wigan and Southport.
It sells waterproof clothing, tents and other camping equipment.
Go Outdoors has suffered hugely during lockdown as all of its 67 stores were forced to close.
The business relies on its physical stores for most of its sales.
The news follows reports over the weekend that JD Sports was on the brink of plunging its struggling subsidiary into administration.
A JD spokesman said yesterday: “The group can confirm that it has considered a number of strategic options for Go and that Go’s directors have lodged the notice in court.”