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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.
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”.
Dedicated footwear retailers came out on top of Drapers’ Hit or Miss review of Intu Watford’s spring 19 offer, despite some strong product in fashion stores.