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.
-
Oct- 2018 -5 OctoberGovernment
MPs launch inquiry into top fashion retailers
Some 10 of the UK’s leading fashion retailers have been asked to submit evidence on the steps being taken to reduce social and environmental impact. The chair of the Environmental Audit Committee Mary Creagh MP has written to the chief executives of a number of retail chains. This includes Asda,…
Read More » -
4 OctoberFeatures
Ten retailers defying high street blues in 2018
This year will likely go down in history as a turning point for high street retail in the UK, with a slew of firms going under, announcing job losses, store closures, or just going under completely. We have put together a list of those which, despite the blues, are making…
Read More » -
Sep- 2018 -14 SeptemberHigh Street
Sports Direct struggling to find auditor as EY, KPMG and PwC refuse role
EY, KPMG and PwC have all declined to take on an audit of Sports direct as the company attempts to find a replacement for Grant Thornton. According to Sky News three out of the ‘big four’ accounting firms have declined to take up the role due to potential conflicts of…
Read More » -
11 SeptemberHigh Street
JD Sports sees revenues and profits soar in ‘record result’
JD Sports has recorded a “record result” in the 26 weeks to 4 August as it posted double-digit growth in both revenues and profits. The sports and fashion retailer’s revenues increased by 35% to £1.8bn and also saw pre-tax profits jump 19% from £102.7m to £121.9m. JD Sports also reported…
Read More » -
May- 2018 -1 MayHigh Street
Sports Direct pips JD Sports, acquires 20% stake in Finish Line
Sports Direct has acquired almost 8 million shares in US sports retailer Finish Line – the company set to be bought by its rival JD Sports. In a ‘Strategic US Investments’ update the company owned by billionaire Mike Ashley revealed it currently holds 7,957,800 shares in Finish Line, representing 19.3%…
Read More » -
Apr- 2018 -17 AprilSport & Leisure
JD Sports reports record profit levels
JD Sports has seen a record increase in its profit before tax, which was at 26% in the 53 weeks to 3 February 2018. This amounted to £244.8m, falling short of the company’s projected target of £300m. Profit before tax was up 24% to £294.5m, whereas operating profit before exceptional…
Read More » -
Mar- 2018 -26 MarchClothing & Shoes
JD Sports Fashion to acquire US brand Finish Line
Fashion retailer JD Sports Fashion is set to acquire US retailer The Finish Line for $558m (£396m). Finish Line is one of the largest retailers of athletic footwear, apparel and accessories in the US and trades from 556 branded stores across 44 US states. It is also the exclusive retailer…
Read More » -
Feb- 2018 -1 FebruarySport & Leisure
JD Sports completes Sport Zone acquisition
JD Sports has announced that it has received unconditional clearance from the European Commission to acquire similar Spanish retailer Sport Zone. Sport Zone is one of the largest sports retailers in the Iberia area and consists of 94 stores in Portugal and 46 in Spain, including 20 in the Canary…
Read More » -
Jan- 2018 -16 JanuarySport & Leisure
JD Sports raises profit forecast after strong Christmas
Sportswear and outdoor retailer, JD Sports, has raised its annual profit forecast after continuing a strong performance through the second half of 2017 with an “encouraging” Christmas period. Group profit before tax for the year to February 3 is expected to reach £300m, ahead of analyst expectations of £270m –…
Read More »