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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.
It was no surprise when JD announced on Tuesday (November 25) that it was offloading loss-making fashion chain Bank, with many in the industry saying it should have happened “years ago”.
Drapers explores the rise of try before you buy initiatives across the retail industry and examines whether the latest payment trend will bolster sales or hit the bottom line.