Tag : JD Sports
CMA blocks JD Sports' Footasylum takeover Subscription
JD Sports Fashion’s executive chairman Peter Cowgill has described the competition watchdog’s decision to prohibit his company’s acquisition of rival retailer Footasylum as “absurd”.
JD Sports' Peter Cowgill takes 75% salary cut Subscription
JD Sports has Implemented measures to help preserve capital across the business, and has announced a further delay in publishing its full-year results, amid the coronavirus pandemic.
JD Sports withholds rent and service chargesSubscription
JD Sports has withheld rent and service charges for the quarter, amid warnings that the coronavirus crisis will have a “significant impact” on its outlook.
Coronavirus: JD Sports closes storesSubscription
JD Sports has announced the immediate closure of all stores in the UK, Europe and the US until further notice.
Footasylum has broken its silence on the JD Sports takeover ruling, urging the competition watchdog to “reconsider” its provisional ruling and to regard the impact that Covid-19 will have on the business.
CMA's JD Sports ruling a 'watershed' momentSubscription
As the competition watchdog decides whether to block JD Sports Fashion’s takeover of rival Footasylum, Drapers explores what the “landmark ruling” will mean for the future of the fashion retail sector.
New signings for Edinburgh St JamesSubscription
Edinburgh St James has announced five new fashion retail signings, including & Other Stories and Mango, ahead of its launch in October.
How JD Sports became a retail powerhouseSubscription
JD Sports Fashion executive chairman Peter Cowgill reveals how he built a multi-billion pound sportswear behemoth.
The retail industry is calling for urgent action on business rates from the government as high streets across the UK prepare for another wave of store closures.
JD Sports to take lease of Topshop WestfieldSubscription
JD Sports has signed a 10-year lease on a second store at London’s Westfield Stratford City, taking over the Topshop Topman unit.
'Positive' festive trading at JD Sports Subscription
JD Sports Fashion has reported “positive like-for-like sales” over the Christmas trading period, particularly across international markets.
JD Sports to debut in ParisSubscription
JD Sports has announced that it will be opening a new 21,500 sq ft flagship store in Paris, France, at the start of the summer.
JD Sports defends Footasylum takeover bidSubscription
JD Sports has defended its Footasylum takeover bid by claiming major sportswear brand owners, namely Nike and Adidas, set the competitive framework between retailers.
JD Sports to open Brighton superstore Subscription
JD Sports is relocating its store in Brighton-based shopping centre Churchill Square to a new 16,500 sq ft superstore in spring 2020.
Drapers investigates the dominance of Nike and Adidas in the sportswear industry as they both shift toward direct-to-consumer strategies.
Pentland sells £177m stake in JD Sports Subscription
Pentland Group, the largest shareholder in JD Sports, has sold a stake in the sportswear retailer worth £177m.
The UK’s competition watchdog has warned that JD Sports’ move to acquire Footasylum for £90m could hurt competition on the high street, referring it for a further investigation.
Why JD Sports is outpacing its rivalsSubscription
Knowing its customer and its place in the market has allowed JD Sports to thrive while its rivals struggle in a tough environment
JD Sports opens Essex superstoreSubscription
Retailer JD Sports has opened a new store in Essex-based shopping centre Eastgate.
JD Sports opens first store in Austria Subscription
JD Sports has opened its first store in Austria, on Vienna’s Mariahilfer Strasse, as it continues to expand its global portfolio.
Peter Cowgill, the executive chairman of JD Sports Fashion, will announce later today that he remains confident that the group will deliver ”headline” profit before tax in its full year results.
Cowgill set for £6m JD Sports bonusSubscription
Peter Cowgill, the executive chairman of JD Sports, is set to receive a one-off bonus of £6m in recognition of his “exceptional performance” at the helm of the sportswear giant.
The competition and markets authority (CMA) is planning to review JD Sports Fashion’s acquisition of smaller rival Footasylum.
JD Sports to wholesale own-label brandsSubscription
JD Sports Fashion will wholesale at least 20 of its private-label brands to retailers including Simply Be, Very.com and Zalando for the first time, Drapers can reveal.
JD Sports refutes health and safety claimsSubscription
JD Sports has denied poor working conditions at its warehouse after figures revealed under the Freedom of Information Act showed ambulances were called to its Rochdale site 40 times last year.
Boohoo hires former JD Sports CFO Subscription
The Boohoo Group has appointed former JD Sports chief financial officer Brian Small as an independent non-executive director with immediate effect.
Record results for JD SportsSubscription
Revenue at JD Sports Fashion almost doubled to £4.7bn for the 52 weeks to 2 February 2019, as the retailer defied high street gloom by steering clear of reactive discounting and maintaining a clear customer proposition.
Ex-Jigsaw CEO joins Size? Subscription
Former Jigsaw chief executive Chris Stephenson has been appointed managing director of JD Sports Fashion-owned footwear fascias Size? and Footpatrol.
Sales up as JD Sports expands internationallySubscription
Total sales were up 15% at JD Sports for the 48 weeks period to 5 January 2019, compared with the year before.
Peter Cowgill continued the global march of JD Sports Fashion this year. In June, the group bought US retailer Finish Line for $588m (£396m), adding to its fascias, Tessuti, Size?, Footpatrol, Mainline and Scotts.
Drapers’ Power 100 list of the people shaping the fashion retail industry today
JD Sports CFO to step downSubscription
JD Sports has announced that chief financial officer, Brian Small, is retiring after 15 years at the business.
The chief financial officer of JD Sports Fashion Group, Brian Small, has said the retailer is unfazed by the tough UK trading climate and the struggles affecting Debenhams and House of Fraser.
Gyms in stores: workout winner or fitness flop? Subscription
As Sports Direct, JD Sports and now Debenhams launch on-site fitness centres, Drapers investigates whether this growing trend set to continue.
JD Sports pumps up Pentland profitsSubscription
Pentland Group, the brand management company and majority stakeholder in JD Sports Fashion, announced an increase in group revenue of 25% to £3.6bn, driven by “a record performance” from the sportswear retailer, in the 12 months to 31 December 2017 year on year.
JD Sports faces executive pay rebellionSubscription
An influential investor group has urged JD Sports shareholders to vote down its pay report at its annual general meeting on 28 June.
Marks & Spencer could lose its status as the UK’s top clothing retailer to Primark following plans to close 100 stores.
Debenhams logistics head joins JD Sports Subscription
The head of logistics at Debenhams, Duncan Aspden, has joined JD Sports in the same role.
JD Sports to open new Dublin flagshipSubscription
JD Sports has signed a deal to open a 35,000 sq ft flagship in Jervis Shopping Centre in Dublin city centre.
High-profile company voluntary arrangements from New Look and Select have sent shockwaves across fashion retail.
JD Sports Fashion’s executive chairman Peter Cowgill has said he is hopeful for success in the US, as the retailer becomes “an iconic player in the worldwide sports fashion market”, following another set of record financial results.
Record profits at JD Sports Subscription
JD Sports Fashion has posted record full-year results. Profit before tax and exceptional items was up 26% year on year to £244.8m for the year to 3 February.
JD Sports FashionSubscription
Includes Size?, Footpatrol, Tessuti, Mainline, Go Outdoors
When we asked retailers at the end of last year for their predictions for 2018, there were a few recurring themes: uncertainty around Brexit, the importance of product and the increasing need to offer exceptional customer service.
JD Sports lifts profits forecastsSubscription
JD Sports has upgraded its profit forecast for the second time in four months.
2017's fashion retail winners and losersSubscription
As ever in retail, this year there were some retailers flying high, while others were battling bigger challenges in what was already a difficult trading environment. Drapers assesses who will be looking at back at 2017 with fondness and who will see it as a year to forget
Last year: 2
First look: JD Sports' Liverpool megastore Subscription
JD Sports has opened a 40,000 sq ft megastore at the Liverpool One shopping complex.
Footasylum shares leap following IPOSubscription
Footasylum’s share price was up 23.41% following its admission to the London Stock Exchange’s Aim on 2 November.
Footasylum confirms IPO as ex-JD boss Bown joins Subscription
Shoe retailer Footasylum has confirmed it is to float on the London Stock Exchange’s junior Aim market in November, in a listing estimated to value the retailer at £150m.