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- 2019 -31 MayClothing & Shoes
JD Sports’ Peter Cowgill to receive £6m bonus
JD Sports chairman Peter Cowgill is set to receive a £6m bonus following his “exceptional performance” at the sportswear retailer. The retailer’s remuneration committee recommended the payment due to the fact that Cowgill has not received any awards under the company’s incentive plans. The committee also found that Cowgill has…
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29 MayHigh Street
WHSmith ranked worst retailer in Which? Survey
WHSmith has finished bottom of Which?’s annual UK high street shops survey rankings of more than 100 shops, while specialist retailers came out on top. The annual survey of more than 7,700 Which? members looked at the bricks-and-mortar shops offering the best in-store experiences. WHSmith finished with a customer score…
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20 MayClothing & Shoes
JD Sports’ takeover of Footasylum to be investigated by CMA
The CMA has announced it is investigating the completed acquisition by JD Sports of Footasylum. The CMA said it has “reasonable grounds” for suspecting that it may be the case that JD Sports and Footasylum have “ceased to be distinct”. It added that the merger may be expected to result…
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Apr- 2019 -25 AprilClothing & Shoes
Shareholders approve JD Sports’ £90m Footasylum takeover
JD Sports has announced its £90.1m Footasylum takeover has been given the go-ahead by shareholders, after it was voted through at a meeting on 12 April. Over 78 million Footasylum shareholders voted for the JD Sports deal, which is said to represent around 75% of the retailer’s capital. Following the…
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16 AprilHigh Street
JD Sports reports ‘record’ 15.4% profits jump
Sportswear retailer JD Sports has reported a 15.4% increase in pre-tax profits to £339.9m for the year ending 2 February 2019. Total like-for-like sales grew by 6% for global Sports Fashion fascias, against a backdrop of “widely reported retail challenges” in the group’s core UK market. The retailer also recorded…
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5 AprilClothing & Shoes
JD Sports acquires Pretty Green from administration
Liam Gallagher’s Pretty Green, the boutique men’s clothing brand, has been acquired by JD Sports out of administration. The sale includes the business, brand, online and wholesale business as well as a flagship store in Manchester, securing the future of 67 employees. The remaining 11 stores and 33 House of…
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Mar- 2019 -18 MarchClothing & Shoes
JD Sports to buy Footasylum for £90.1m
JD Sports has revealed it has made an offer to buy its remaining shares in struggling rival retailer Footasylum in a £90.1m takeover. JD Sports said it had “reached [an] agreement on the terms of a recommended cash offer” which will be financed from JD’s existing cash resources and facilities.…
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15 MarchHR
JD Sports named among businesses ‘failing’ on gender diversity
The Investment Association and the Hampton-Alexander Review have written to 69 of the FTSE 350 companies, including fashion retailer JD Sports, outlining concerns about the lack of gender diversity on its boards. The letter, which has been sent to companies who have no women or just one woman on their…
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Feb- 2019 -19 FebruaryClothing & Shoes
JD acquires 8% stake in Footasylum
Sportswear retailer JD Sports has acquired an 8% stake in footwear retailer Footasylum. JD said it had purchased the stake “for investment purposes”. The company said it was prepared to take on an interest of 29.9%, hovering just below the limit for a mandatory takeover bid, however it added it…
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8 FebruaryClothing & Shoes
JD Sports removes advert for Scotland shirt following ‘#everydaysexism’ complaints
Sports retailer, JD Sports, has removed an advert for the football shirt of the Scottish national team following Twitter complaints accusing the company of “#everydaysexism”. The advert for the men’s and children’s kit showed the models as athletes, however the advert for the women’s shirt showed a women wearing ripped…
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