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UK activewear label JD Sports will withdraw from South Korea after five years of operation, due to a deepening deficit since the Covid-19 pandemic.
All JD Sports Korea personnel have been informed of the withdrawal plan.
JD Sports entered the South Korean market in 2017 through a joint venture with South Korean footwear manufacturer Shoemarker. In April 2018, the first JD Sports location opened.
The business currently runs 14 directly managed locations around the country, including Lotte World Tower in Jamsil, Seoul, and Starfield Goyang.
