Fashion chain JD Sports is leaving Israel and will close all its branches
The famous British sports chain JD Sports announced this week that it is ceasing its operations in Israel. The company, which entered the Israeli market about four years ago, has decided to close all six of its branches across the country.
The decision to close the chain is expected to be implemented this coming February. Following the move, the company's employees in Israel have already received notices summoning them to pre-dismissal hearings, a move that marks the end of the chain's journey in the local market.
JD Sports is considered one of the largest sports companies in the world, and its arrival in Israel was accompanied by high expectations from local consumers. However, it appears that difficulties in the retail market and changes in consumption habits led the chain's management to make the decision to exit the country.
The closure of the branches joins other changes in the fashion and sports market in Israel recently. Now, Israeli customers will have to return to purchasing the brand's products through international websites or other means, as the physical stores will soon disappear from the malls.