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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May- 2022 -3 MayNews
Missguided gains interest from Asos, Shein, JD Sports and Frasers Group
Online womenswear retailer Missguided is reportedly attracting interest from Asos, Shein, JD Sports, the Frasers Group and the Issa brothers (the owners of Asda), all of whom are said to be in talks to buy the company. According to Drapers, private equity giants are also circling and sales documents are…
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Apr- 2022 -25 AprilClothing & Shoes
JD Sports tipped as potential Missguided suitor
JD Sports has reportedly been tipped as a potential suitor to acquire online retailer Missguided after it appointed advisors to seek a buyer last week. According to This is Money, while muted to be at “a very early stage”, bosses at the sportswear retailer are said to be discussing a…
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4 AprilNews
JD opens new 12,000sq ft Leicester store
JD has announced it has opened a new store at Leicester’s Fosse Park, which has created over 100 new jobs. The sports fashion retailer previously occupied a lot in Fosse Park North, but the move sees JD acquire a unit double the size at the retail park’s new ‘West’ development.…
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Mar- 2022 -4 MarchClothing & Shoes
Authentic Brands completes Reebok acquisition
Authentic Brands Group (ABG) has announced that it has completed the acquisition of Reebok from Adidas in a £1.75bn deal. As it ushers in its “largest acquisition to date”, the global brand development, marketing and entertainment company said it is charting a new path for Reebok. With Reebok, ABG said…
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Feb- 2022 -28 FebruaryNews
JD names Kath Smith as new senior independent director
JD Sports Fashion Plc, retailer of sports, fashion and outdoor brands, has announced that Kath Smith has been appointed as the senior independent director and chair of the nominations committee. Smith joined the board in May 2019 bringing “substantial” experience of working with world leading brands, particularly those in the…
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18 FebruaryClothing & Shoes
JD Sports delays annual release but lifts outlook
JD Sports has announced the release of its annual results for FY22 are set to be delayed, however it added it expects the results to come in “slightly ahead of expectations”. JD revealed it has agreed with its auditors, KPMG, to delay the announcement to ensure that KPMG have “sufficient…
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14 FebruaryClothing & Shoes
CMA fines JD Sports £4.3m for breaching rules
The Competition and Markets Authority (CMA) has issued JD Sports a penalty of £4.3m for failure to comply in certain respects with an Interim Order issued by the CMA on 19 May 2021 as part of the CMA’s review of the Footasylum acquisition. The CMA reported reason to suspect a…
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Jan- 2022 -26 JanuaryOnline & Digital
Debenhams hires former JD Sports director as CEO
Debenhams has hired former JD Sports multichannel director Daniel Finley as its new CEO. Finley spent 10 years at the sportswear retailer where he was responsible for all multi-channel operations at the group. He was also previously group business development director at the Peacocks Group. Commenting on his appointment in…
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14 JanuaryNews
Peter Cowgill nets £21m after selling 10 million JD shares
Peter Cowgill, director of JD Sports, has taken £21m after selling 10 million company shares. The news comes after the retailer revealed it expects full-year profits of at least £875m following a successful black friday and Christmas period, which the firm accredited to the fiscal stimulus in the United States…
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12 JanuaryClothing & Shoes
JD Sports raises profit forecast to £875m
JD Sports Fashion Plc has raised its pre-tax profits forecast to an average £875m for the full year to 29 January 2022, compared to the previous expectation of £810m, due to “sustained” consumer demand through the second half of the year. Additionally, total like-for-like revenues were more than 10% ahead…
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