// Go Outdoors close to administration as it lines up restructuring experts from Deloitte
// The outdoor retailer saw a sharp downturn in sales due to the coronavirus pandemic
JD Sports-owned outdoor clothing and footwear retailer Go Outdoors is reportedly on the brink of collapse, putting 2400 jobs at risk.
The company has lined up restructuring experts from Deloitte to review its business after suffering a sharp downturn in sales due to the Covid-19 pandemic, The Sunday Times reported.
Go Outdoors has 67 stores across the UK and has lost £291.1 million in the six months to August 3 last year.
Due to the government-mandated lockdown, Go Outdoors was forced to close its stores in March.
While high streets tentatively reopened last Monday, shops are having to limit numbers of shoppers to ensure two-metre social distancing.
Compared with last year, footfall was down 45.3 per cent on the first day of reopening, according to data from Springboard.
JD Sports, majority-owned by fashion conglomerate Pentland Group, bought Go Outdoors in 2016 for £112 million.
On Friday, the retailer filed legal notice of its intention to appoint administrators.