Footasylum
This coverage explores Footasylum’s presence and strategy in the UK retail market. Reporting includes store network changes, product range updates, marketing campaigns, partnerships, and leadership moves — all analysed for relevance to brand growth, market positioning, and youth-focused retail operations. The content is tailored for retail managers, brand executives, and professionals working in sportswear and streetwear retail.
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Apr- 2019 -25 AprilClothing & Shoes
Shareholders approve JD Sports’ £90m Footasylum takeover
JD Sports has announced its £90.1m Footasylum takeover has been given the go-ahead by shareholders, after it was voted through at a meeting on 12 April. Over 78 million Footasylum shareholders voted for the JD Sports deal, which is said to represent around 75% of the retailer’s capital. Following the…
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17 AprilFeatures
Google it, Uber it, Laybuy it
New Zealand’s largest buy now, pay later service, Laybuy has officially launched in the UK with footwear retailer Footasylum confirmed as its first major retail partner. Laybuy allows consumers to spread the cost of purchases over six interest-free payments, with the first being made at the point of sale. The…
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Mar- 2019 -18 MarchClothing & Shoes
JD Sports to buy Footasylum for £90.1m
JD Sports has revealed it has made an offer to buy its remaining shares in struggling rival retailer Footasylum in a £90.1m takeover. JD Sports said it had “reached [an] agreement on the terms of a recommended cash offer” which will be financed from JD’s existing cash resources and facilities.…
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12 MarchClothing & Shoes
Laybuy launches in the UK with Footasylum partnership
Laybuy, New Zealand’s largest buy now, pay later service, has officially launched in the UK with footwear retailer Footasylum confirmed as its first major retail partner. Laybuy allows consumers to spread the cost of purchases over six interest-free payments, with the first being made at the point of sale. The…
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Feb- 2019 -21 FebruaryClothing & Shoes
Footasylum removes ‘stab-proof vest’ from stores
Footwear retailer, Footasylum has removed a “stab-proof vest” from its shelves after a youth worker suggested it could attract unwanted attention. Damian Henry, who works with young people involved in gangs or who have been involved in gangs, told the BBC he was “appalled” when he saw the item in…
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19 FebruaryClothing & Shoes
JD acquires 8% stake in Footasylum
Sportswear retailer JD Sports has acquired an 8% stake in footwear retailer Footasylum. JD said it had purchased the stake “for investment purposes”. The company said it was prepared to take on an interest of 29.9%, hovering just below the limit for a mandatory takeover bid, however it added it…
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Jan- 2019 -8 JanuaryClothing & Shoes
Footasylum issues profit warning after ‘challenging’ Christmas trading conditions
Footwear retailer, Footasylum has issued a profit warning following “challenging trading conditions” during the festive period. Footasylum said it would cut costs after it changed expectations for gross margin in the 2019 financial year, despite revenue still expected to remain as forecast. The retailer blamed “market backdrop, promotional activity and…
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Oct- 2018 -16 OctoberClothing & Shoes
Footasylum slips to half-year loss
Footwear retailer Footasylum has reported a £4m loss in its half-year financial results for the 26 weeks year ending 25 August 2018. Despite the loss, the company’s revenue was up 19% to £98.6m from £83.2m in the previous year. It saw growth in sales all across the board; store revenue…
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Sep- 2018 -3 SeptemberClothing & Shoes
Footasylum shares drop by 50% as company warns of losses
Footasylum has this morning issued a profit warning that said it expects to report lower than expected revenue and a loss in EBITDA. Shares in the company dropped by 50% this morning (3 September) following the warning. The footwear retailer blamed “weak consumer sentiment on the high street” for the…
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