JD Sports Fashion Plc
Apparel and textile industry company news
Latest Articles
JD Sports share placing adds firepower for more M&A
Sports retail giant JD Sports has raised GBP464m (US$634m) in its latest share placing to support future acquisition opportunities.>
JD Sports on acquisition spree with DTLR Villa buy
JD Sports Fashion Plc has made its third acquisition in just over a month with the purchase of US athletic footwear and apparel streetwear retailer DTLR Villa.>
JD Sports explores funding options to fuel expansion
UK sports retailer JD Sports has confirmed it is exploring additional funding options to allow it to invest in future strategic opportunities, as reports surfaced it is in talks for a GBP400m (US$547.9m) share sale as it eyes further expansion opportunities.>
JD Sports continues to prosper through heightened restrictions
JD Sports Fashion Plc says it is confident group headline profit before tax for the full year will be significantly ahead of current market expectations and total at least GBP400m (U$539.6m).>
Debenhams to begin wind-down of UK operations
UK department store chain Debenhams is to begin a wind-down of its operations after JD Sports Fashion, Britain's largest sportswear retailer, ended rescue talks this week and administrators failed to find an alternative buyer for the business.>
JD Sports eyeing Debenhams takeover?
Department store group Debenhams is reportedly in exclusive talks with JD Sports Fashion, Britain's largest sportswear retailer, about a rescue deal that could secure the jobs of thousands of retail workers.>
JD Sports granted new hope for Footasylum takeover
A decision by the UK competition watchdog to block the proposed takeover of Footasylum by JD Sports Fashion, Britain's largest sportswear retailer, has been quashed by the Competition Appeal Tribunal.>
Weak footfall and shift to online weighs on JD Sports H1
JD Sports saw both earnings and sales slide in its first half as weak footfall and additional costs associated with a shift in revenues to online channels during temporary store closures weighed on results.>
JD Sports fined over breach of order in Footasylum case
JD Sports Fashion and its largest shareholder Pentland Group have been fined by the UK Competition & Markets Authority (CMA) for breaching an order related to its acquisition of Footasylum.>
JD Sports grows FY profits but warns on future viability
JD Sports Fashion Plc saw earnings and sales grow in its last financial year but has warned the future viability of the business is uncertain due to the pandemic and has called for "realism" on rents and leases as the coronavirus continues to impact trading.>
JD Sports buys back Go Outdoors after administration
JD Sports Fashion Plc has re-acquired the Go Outdoors business in a GBP56.5m (US$70.7m) pre-pack deal after placing the specialist camping division into administration.>
JD Sports readies administrators for Go Outdoors
JD Sports Fashion Plc has filed a notice to appoint administrators to its specialist camping division Go Outdoors.>
Competition watchdog blocks JD Sports takeover of Footasylum
The UK competition watchdog has blocked JD Sports Fashion Plc's proposed takeover of Footasylum saying it would lead to "substantial lessening of competition nationally" and leave shoppers with fewer discounts or lower quality customer service.>
Global retail staff and salary reductions amid Covid-19 – Update
As the impact of the coronavirus pandemic spreads across the apparel and footwear industry, brands and retailers are moving from store closures to worker lay-offs or furloughs, as well as executive pay cuts. Here are the latest:>
Global retail closures as coronavirus spreads – Update
A raft of apparel and footwear brands and retailers including Next Plc, Primark, H&M, Nike and Gap Inc, are temporarily closing stores and suspending online operations as part of efforts to help limit the spread of the coronavirus (Covid-19) outbreak. >
JD Sports delays results on Covid-19 uncertainty
Sportswear retailer JD Sports has said it is weighing up a number of options to preserve capital across all aspects of its business after its shops were closed this morning (24 March), following a UK government directive.>
Footasylum urges competition watchdog to reconsider decision on JD merger
Footasylum has urged the UK competition watchdog to reconsider its decision to block a merger with rival JD Sports.>
JD Sports slams Footasylum merger findings as "flawed"
JD Sports says the provisional findings of the UK competition watchdog's probe into its acquisition of rival Footasylum are "fundamentally flawed" and demonstrate "a complete misunderstanding" of the market.>
JD Sports confident on FY amid positive Christmas trading
JD Sports Fashion remains confident its annual pre-tax profits will be in the upper range of current market expectations after a positive Christmas trading period.>
JD Sports to "fully cooperate" with competition watchdog on merger probe
JD Sports says it will continue to "co-operate fully" with the competition watchdog's probe into its acquisition of rival Footasylum, which the Competition and Markets Authority (CMA) says could result in a worse deal for customers, both in-store and online. >
Sports Direct worries over JD Sports probe impact on major brands
Sports Direct has criticised the competition watchdog's probe into the proposed takeover of JD Sports by rival Footasylum, saying it could have implications for the sector's major players, particularly their relationships with "must-have" brands.>
JD Sports' Footasylum bid raises competition concerns
The early findings of an investigation by UK Government watchdog the Competition and Markets Authority (CMA) into JD Sports' proposed takeover of competitor Footasylum has raised concerns that the merger could result in a worse deal for customers, both in-store and online.>
JD Sports Fashion reports 47% surge in H1 sales
JD Sports Fashion Plc has hailed "another period of significant progress" as group revenue surged by more than 47% in the first half of the year, boosted by the acquisition of Finish Line in the US.>
UK competition watchdog launches probe into JD Sports, Footasylum merger
The UK competition watchdog has launched a probe into JD Sports' proposed a takeover of rival Footasylum.>
JD Sports on track for another year of good growth
UK-based retailer JD Sports Fashion says it is on-track to deliver another year of good growth in revenues and earnings after delivering record 12-month results last year.>
Iberian Sport Retail Group joins supply chain platform
The newly formed Iberian Sport Retail Group (ISRG), owned by the JD Sports Group, is tapping in to a global cloud-based supply chain platform to help improve real time collaboration with its supplier base and will provide enhanced visibility of inbound inventory.>
JD Sports "record" FY as sales surge by almost 50%
UK retailer JD Sports Fashion has booked what executive chairman Peter Cowgill described as "excellent progress" in its last financial year, posting a double-digit hike in both earnings and revenue for the period.>
JD Sports given the go-ahead on Footasylum takeover
The GBP90.1m (US$119.4m) offer from UK sports apparel retailer JD Sports Fashion to acquire struggling rival Footasylum has been accepted by the two parties' boards.>
JD Sports buys Liam Gallagher's Pretty Green brand
Pretty Green, the boutique men’s clothing brand launched by Oasis frontman Liam Gallagher has been acquired by UK sports apparel retailer JD Sports Fashion Plc.>
JD Sports takes stake in Footasylum
Shares in UK sportswear retailer Footasylum jumped by 158% in early trading today on the announcement that rival JD Sports Fashion Plc acquired an 8.3% stake in the company.>
1
Most Popular
Insights
- Improving fashion sustainability is a team effort
- Regional flows still shape fabric & apparel trade
- Myanmar's several crises show way to better jobs
- Suppliers at breaking point on broken retail model
- How fashion benefits from on-demand manufacturing
News
- US Q4 in brief – Wolverine Worldwide, Steve Madden
- Xinjiang forced labour focus of new US legislation
- Timeline – Coronavirus and the apparel industry
- Target Corp in leadership reshuffle
- Brands urge minimum wage for Tamil Nadu workers
Market research
- Apparel Market in United States of America (USA) to 2024 with COVID-19 Impact Analysis
- Li & Fung Ltd (494) - Strategic SWOT Analysis Review
- Global Sportswear Market to 2025 with COVID-19 Impact Analysis
- Global apparel markets: business update, December 2020
- Talking strategy: the state of fashion in 2021