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JD Sports Fashion Plc

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UK retailer JD Sports Fashion this morning (17 September) revealed a “record” set of first-half results that beat market expectations. But while the group saw momentum pick up at its Outdoor arm, and strong progress at its UK and European sports fascias, the retailer continues to experience difficulties at its fashion unit. Overall, analysts offered a positive view of the trading update.

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UK retailer JD Sports Fashion this morning (17 September) revealed a “record” set of first-half results that beat market expectations. But while the group saw momentum pick up at its Outdoor arm, and strong progress at its UK and European sports fascias, the retailer continues to experience difficulties at its fashion unit. Overall, analysts offered a positive view of the trading update.

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The UK's Office of Fair Trading is expected to investigate any attempt by Sports Direct to acquire 180 stores from rival JJB Sports, which is expected to file for administration this week, according to reports.

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Pinning your hopes on the success of the England football team can be a soul-destroying business, as any long-suffering fan will tell you. So it’s as well that the success of retailer Sports Direct International is built on more than the penalty-taking prowess of Rooney, Gerrard, Lampard and co.

Pentland Brands, owner of the Berghaus, Speedo and Ellesse labels, achieved record performances for a number of its sports brands in its last fiscal year despite challenging global market conditions.

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UK retailer JD Sports Fashion has booked another period of "very significant" progress as continued demand for athletic leisure products contributed to an 81% jump in pre-tax profits.

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Focus International, part of retailer JD Sports Fashion Plc, is implementing a new suite of software products to streamline processes across the business and replace its existing systems.

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UK retailer JD Sports Fashion is looking to expand its business in Europe after signing an agreement to merge its existing divisions in Spain and Portugal with the Sport Zone business of retailer Sonae SGPS SA.

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UK retailer JD Sports Fashion has confirmed its acquisition of Manchester-based sales and distribution company 2Squared Agency.

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UK retailer JD Sports Fashion says positive trading has continued throughout the second half of its financial year and that it expects full-year earnings to exceed expectations by up to 15%.

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JD Sports has hit back at claims by a Channel Four television investigation that the UK retailer is employing warehouse staff in conditions "worse than a prison," and that it operates a "three strikes and you're sacked" policy.

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Shares in JD Sports were up 3% this morning (28 November) on news the UK-based sports, fashion and outdoor brand retailer has acquired rival Go Outdoors in a deal worth GBP112m (US$139.2m). 

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JD Sports Fashion has booked record half-year results as strong demand for athletic leisure products contributed to a 73% jump in pre-tax profits.

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UK retailer JD Sports saw its earnings nearly double last year, boosted by sales in its sports fashion division and continued expansion across Europe. 

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With the holiday season done and dusted, UK apparel and footwear retailers are counting the cost. In the most recent Christmas trading reports, JD Sports, SuperGroup, Fat Face and Debenhams saw sales rise over the all-important trading period, while Tesco and Matalan recorded a decline in revenue. Sainsbury's posted an increase in clothing sales, Shop Direct delivered "record breaking" results, and Ted Baker enjoyed a "good retail performance". 

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Relatively strong trading has continued for JD Sports this fiscal, the UK retailer has said, with earnings set to exceed market estimates.

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Strong revenue growth helped UK retailer JD Sports to book an 88% hike in first-half profit.

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UK retailer JD Sports Fashion has said its full-year profit will beat forecasts, thanks to better than expected first-half sales, but warned currency headwinds will impact margins.

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UK retailer JD Sports said it has made a strong start to the year and offered an optimistic outlook, despite “challenging comparatives” for the remainder of the year.

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UK retailer JD Sports has said a double-digit increase in annual profit, driven by an “outstanding performance” in its sports fashion fascias, provides a “robust” platform for further growth.

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UK retailer JD Sports says it expects full-year profit to be at the top end of its guidance after booking a strong sales performance over the Christmas trading period.

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The joint administrators of Bank Fashion have made 35 redundancies at the retailer's head office.

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The joint administrators of Bank Fashion have made 35 redundancies at the retailer's head office.

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Struggling UK clothing chain Bank Fashion has collapsed into administration, after a solvent turnaround proved impossible, leaving 1,555 jobs at risk.

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Struggling UK clothing chain Bank Fashion has collapsed into administration, after a solvent turnaround proved impossible, leaving 1,555 jobs at risk.

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UK retailer JD Sports Fashion has sold its struggling young fashion brand Bank to a subsidiary of Hilco Capital Limited.

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UK retailer JD Sports Fashion has sold its struggling young fashion brand Bank to a subsidiary of Hilco Capital Limited.

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After seeing a substantial increase in sports retail profits over the last year, JD Sports now has the opportunity to push ahead with developing its concept in Europe, analysts have said.