A Footasylum outlet
(Picture: Footasylum)High street sportswear retailer JD Sports has sold its Footasylum trainer outlet to private equity company Aurelius for £37.5 million taking more than a £50 million hit.
The group founded on the backstreets of Manchester suburb Bolton that has now become a household name had been order to sell the business that it acquired for £90 million in 2019 by the Competition and Markets Authority (CMA).
