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JD Sports enters into a joint venture with South Korean footwear retailer

London - JD Sports Fashion has shaken off fears of a nuclear threat from North Korea by entering a joint venture agreement with South Korean footwear maker SMK, which sees JD Sports Fashion acquire 15 percent of the multi-branded retailer Hot-T for 5.5 million pounds. As part of the joint venture, JD Sports Fashion has the option to acquire an...

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