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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Dec- 2021 -21 DecemberClothing & Shoes
ABG signs partnership with JD to expand Reebok presence
Authentic Brands Group (ABG) has announced a new strategic partnership with the JD Group (JD) that will see it carry Reebok apparel and footwear in more than 2,850 of its company owned stores and complementary e-commerce websites. The group said the agreement covers all the banners in the JD Group…
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13 DecemberSport & Leisure
JD Sports set to concede to watchdog in Footasylum battle
The trainer and sportswear retailer JD Sports looks set to concede defeat in its battle with the takeover watchdog the Competition and Markets Authority (CMA) over its attempt to buy Footasylum. According to reports first revealed by the Sunday Times, the deadline for the retailer to appeal the CMA’s decision…
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1 DecemberClothing & Shoes
JD Sports welcomes new board director
JD Sports has confirmed that Mahbobeh Sabetnia has joined the retailer’s board as a non-executive director. It comes as Heather Jackson has stepped down from her position as non-executive director after more than six years on its board, with effect from yesterday (29 November 2021). The group described Sabetnia as…
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Nov- 2021 -4 NovemberClothing & Shoes
JD expresses frustration over CMA’s ruling to sell Footasylum
JD Sports Fashion Plc has expressed its frustration after the announcement earlier today from the Competition and Markets Authority (CMA) that it must sell Footasylum Limited. It claimed this is “the first time ever” that the CMA (including its predecessors) has decided to block or remedy a deal between competitors…
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Oct- 2021 -25 OctoberClothing & Shoes
Missguided seeks emergency funds amid supply chain crisis
Following the report from the Times, a spokesperson for Missguided told Retail Sector: “The weekend media reports regarding Missguided are not accurate – Rothschild continues to manage our investment process. “While we continue to talk to a range of parties as part of that process, this kind of incorrect speculation…
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22 OctoberClothing & Shoes
JD Sports acquires sports retailer Cosmos
JD Sports has announced it has acquired 80% of the Greek sports retailer Cosmos Sport. The group was founded in Greece in 1982 by Fragiskos Tsiknakis, who continues to be active in the business. Since founding the business, he has handed over day-to-day operational responsibilities to his three sons, CEO…
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Sep- 2021 -21 SeptemberFeatures
September’s retail results: The winners and losers
Retail can be argued as the industry that has shifted the most as a direct result of the global pandemic, and continues to change as we enter a post-pandemic period. The rise of e-commerce has been accompanied by high profile high street closures, supermarkets have become the centre of private…
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14 SeptemberClothing & Shoes
JD Sports H1 profits soar to £440m
JD Sports has seen its profits before tax and exceptional items soar to £439.5m in H1 FY21, up from £61.9m in the same period of FY20 and £158.6m in FY19. The sports fashion retailer reported a 52.7% year-on-year climb in group revenues to £3.89bn in the 26-week period ended 31…
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9 SeptemberPeople Moves
JD Sports adds Bert Hoyt as non-exec director
JD Sports Fashion has announced the appointment of Bert Hoyt as a non-executive director at the group, effective 8 September 2021. Hoyt most recently acted as VP/GM at Nike EMEA until his retirement from the role in January 2021. Having joined Nike in 1998, Hoyt presided over a period of…
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9 SeptemberClothing & Shoes
JD Sports eyes Missguided takeover
JD Sports Fashion is reportedly considering an investment into Missguided which could lead to an “outright takeover” of the online fashion business, according to Sky News. It is thought to be one business amongst a “number of parties” that are in talks to take over the brand. The group’s proposal…
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