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- 2020 -1 DecemberClothing & Shoes
Debenhams to be wound down, 12,000 jobs at risk
Embattled department store chain Debenhams is to be wound down, placing 12,000 jobs at risk, after talks with JD Sports over a potential rescue deal failed. The business will continue to trade through its 124 UK stores, as well as online. If it does not receive any alternative offers from…
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1 DecemberDepartment Stores
Debenhams fears collapse as JD exits rescue talks
JD Sports has confirmed it has pulled out of rescue deal talks for Debenhams earlier today (1 December). The sports retailer is said to have been closing in on a deal up until the end of last week and was the firm’s last remaining bidder, which is in administration. Retail…
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Nov- 2020 -30 NovemberCoronavirus
Arcadia collapse could throw JD’s Debenhams takeover into doubt
A potential collapse at its largest concession holder Arcadia could reportedly throw the takeover of Debenhams by JD Sports into doubt. According to the Sunday Times, JD’s board were due to confirm whether they were going to go through with the acquisition by the end of last week (27 November)…
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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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