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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Nov- 2020 -27 NovemberClothing & Shoes
Arcadia ‘could collapse’ next week
Sir Phillp Green’s retail empire Arcadia is reportedly on the verge of collapse, placing around 15,000 jobs at risk. According to Sky News, the retail group, which owns Topshop, Dorothy Perkins and Burton, could be set to appoint administrators from as early as next week. An insider told Sky that…
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24 NovemberDepartment Stores
JD Sports enters Debenhams takeover talks
JD Sports has reportedly entered into talks with advisors regarding a deal which would see the sportswear company take full control of Debenhams. According to the Telegraph, the retailer is interested in purchasing the entire department store shop estate, but is not looking to convert the outlets into JD Sport…
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16 NovemberDepartment Stores
JD Sports enters race for Debenhams
JD Sports has reportedly entered the race to acquire embattled department store Debenhams, and has been granted access to Debenhams’ finances in a secure data room. According to The Telegraph, JD Sports has emerged as a potential contender after being given access to Debenhams’ finances within the last fortnight. One…
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16 NovemberSport & Leisure
Tribunal reverses CMA’s block of JD Sports’ Footasylum takeover
The Competition Appeal Tribunal (CAT) has overturned the Competition and Market Authority’s (CMA) decision to block JD Sports’ acquisition of Footasylum. In its ruling, the CAT said the CMA “acted irrationally” in its decision-making and failed to provide the essential evidence needed to block the takeover. Following this result, JD…
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Sep- 2020 -8 SeptemberHigh Street
JD Sports revenues slide in half-year results
JD Sports has reported a 6.5% decrease in total revenue to £2.5bn during the half-year period ended 1 August 2020. The decrease in revenue was split between sports fashion sales, which reduced by 4.6% to £2.4bn, and its outdoor range, which saw sales sink by 30.2% to £142.5m. Additionally, total…
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Aug- 2020 -19 AugustComment
Security: The new experience shoppers are seeking in the ‘new normal’?
Retailers have been battling COVID-19 for months. Many traditional brick-and-mortar stores closed. Workforces were scattered — either furloughed or required to work from home. Meantime, online sales have provided a lifeline, as dramatic e-commerce spikes helped firms navigate these trying times. Now, with physical stores starting to reopen, more disruption…
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Jul- 2020 -7 JulyClothing & Shoes
JD Sport welcomes ‘record’ results
JD Sport has welcomed “record” annual figures as it reported a 30% increase in revenue for the full-year period ended 1 February 2020. The retailer recorded revenues of £6.1bn, up from £4.7bn the year prior. It also reported “strong” total like-for-like sales growth of 12% in its global sports fashion…
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Jun- 2020 -22 JuneClothing & Shoes
JD Sports in talks to appoint administrators for Go Outdoors
Sports fashion retailer JD Sports is reportedly lined up to bring in administrators for its Go Outdoors business. In a statement released this morning, JD Sports said: “The group can confirm that it has considered a number of strategic options for Go and that Go’s directors have lodged the notice…
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May- 2020 -11 MayHigh Street
Mike Ashley and Peter Cowgill in race to acquire Office
Sports Direct owner Mike Ashley and JD Sports owner Peter Cowgill have both been revealed as bidders for footwear retailer Office. According to Sky News, it comes as the chain seeks funding to support it through the current coronavirus pandemic. Two other unnamed parties who have also expressed an interest…
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6 MayClothing & Shoes
CMA blocks JD Sport merger
The Competition and Markets Authority (CMA) has announced its decision to block JD Sports’ purchase of Footasylum after finding it would “leave shoppers worse off”. Following an in-depth investigation, the regulator concluded that this transaction would lead to a “substantial lessening” of competition, which would in turn leave shoppers with…
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