JD Sports
This coverage tracks JD Sports’ activities and performance within the UK retail sector, including store openings, acquisitions, financial results, leadership changes, and marketing initiatives. Reporting focuses on the company’s strategic decisions, market positioning, and impact on the sportswear and footwear landscape, offering insights for retail managers and executives monitoring competitive trends and growth strategies.
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Jul- 2022 -22 JulyClothing & Shoes
JD Sports expects repeat ‘record’ profits amid strong sales
JD Sports has said it expects its full-year profit before tax to be in line with its previous “record” performance after welcoming strong sales in the first four months of the year, with total sales in its like-for-like businesses up 5% against the prior year. It noted this positive performance…
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21 JulyClothing & Shoes
JD Sports and Aurelius Group enter talks on Footasylum sale
JD Sports has reportedly entered discussions to sell Footasylum to Aurelius Group, a private equity firm, following a “costly” clash with the CMA, Sky News has reported. Sky News said it has learnt that the group is now attempting to negotiate a sale of the brand “despite growing difficulties in…
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12 JulyHigh Street
Joe Browns appoints new CEO
Joe Browns, the home and fashion retailer, has announced that Peter Alecock will join its board as chief executive officer. He joins from JD Sports Fashion PLC where he held the role of chief operating officer of the retailer’s fashion division having worked for the company for 16 years. It…
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8 JulyPeople Moves
JD Sports appoints former Morrisons boss as chair
JD Sports has announced the appointment of Andy Higginson as the brand’s new chair, effective on 11 July 2022. This appointment is said to follow an extensive search process undertaken by the board with the support of an external executive search firm. Higginson is reportedly a highly experienced and proven…
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1 JulyClothing & Shoes
New JD store in Aberdeen to create over 30 jobs
JD Sports is set to open a new store in Aberdeen on Saturday and has created over 30 local jobs. Store positions have been filled for store assistants and managerial positions for the new location at Kittybrewster retail park. The store is JD Sports’ third location in Aberdeen, in addition…
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Jun- 2022 -27 JuneClothing & Shoes
JD Sports opens Gateshead flagship store
JD Sports has opened its latest flagship store at Gateshead’s Metrocentre on 25 June. The store is 18,000 square feet and has over 40 brands, including Nike, Adidas and The North Face, and JD Sports offered shoppers the chance to customise a pair of trainers, purchased in-store, for free at…
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22 JuneHigh Street
JD Sports profits double to £947m in FY22
JD Sports has recorded a “record” pre-tax profit of £947.2m in FY22, more than double the previous record set in the year to 1 February 2020. The group reported a strong performance from sports fashion retail in the UK and Republic of Ireland in particular, with profits in this area…
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7 JuneClothing & Shoes
JD Sports faces fine over price-fixing allegations
JD Sports is facing a potential fine after the CMA provisionally found that the group, alongside Elite Sports and Rangers Football Club, broke competition law by fixing the retail price of Rangers FC merchandise. The regulator alleged that JD Sports and Elite Sports fixed the prices of a “number” of…
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May- 2022 -31 MayClothing & Shoes
Missguided collapses into administration, 140 jobs at risk
Online fashion retailer, Missguided, has fallen into administration after failing to secure a rescue bid for the company. According to the Guardian, the collapse puts approximately 140 jobs at risk, with over 80 employees having reportedly been made redundant immediately. Teneo Financial Advisory revealed Dan Smith, Daniel Butters and Benji…
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26 MayNews
JD Sports chair Peter Cowgill steps down with immediate effect
JD Sports Fashion Plc has announced that Peter Cowgill, currently executive chairman, will step down from his role with immediate effect. As a consequence of an ongoing review of the company’s internal governance and controls, JD Sports has decided to accelerate the separation of the roles of chair and chief…
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