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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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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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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