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Michelle Russell

JD Sports share placing adds firepower for more M&A

4 February 2021 | Michelle Russell

Sports retail giant JD Sports has raised GBP464m (US$634m) in its latest share placing to support future acquisition opportunities.... read more


JD Sports on acquisition spree with DTLR Villa buy

1 February 2021 | Michelle Russell

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.... read more


Asos in exclusive talks to buy Arcadia brands

25 January 2021 | Michelle Russell

UK online fast fashion retailer Asos is said to be the frontrunner to acquire the Topshop, Topman and Miss Selfridge brands from retail giant Arcadia.... read more


Debenhams to begin wind-down of UK operations

1 December 2020 | Michelle Russell

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.... read more


Pentland Brands appoints new CEO in management reshuffle

9 September 2020 | Michelle Russell

Pentland Brands has made a number of management changes, including the appointment of Chirag Patel as chief executive officer.... read more


Weak footfall and shift to online weighs on JD Sports H1

8 September 2020 | Michelle Russell

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.... read more


JD Sports fined over breach of order in Footasylum case

5 August 2020 | Michelle Russell

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.... read more


JD Sports grows FY profits but warns on future viability

7 July 2020 | Michelle Russell

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.... read more


JD Sports slams Footasylum merger findings as "flawed"

11 February 2020 | Michelle Russell

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.... read more


Pentland Brands strengthens Berghaus product team

18 December 2019 | Michelle Russell

Pentland Brands has appointed former Nike and Columbia Sportswear executive Paul Anderton as head of category for product innovation for the Berghaus brand.... read more


Arcadia Group in FY profit slip

24 May 2018 | Michelle Russell

Arcadia Group, owner of the Topshop and Miss Selfridge brands, saw earnings slide last year as the retail giant struggled in what has been a challenging period for the high street.... read more


JD Sports ups guidance on strong sales growth

16 January 2018 | Michelle Russell

UK retailer JD Sports Fashion has upped its full-year guidance on the back of positive second-half sales and continued momentum in its international business.... read more


Topshop/Topman to relaunch in Australia

29 August 2017 | Michelle Russell

Fashion retailer Arcadia Group is to relaunch four Topshop/Topman stores in Australia just months after its franchise business fell into administration.... read more


Pentland Brands FY boosted by sports brands

17 July 2017 | Michelle Russell

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.... read more


Topshop Australia placed into administration

25 May 2017 | Michelle Russell

Fashion retailer Topshop Australia has been placed into voluntary administration, putting its nine standalone stores, 17 Mya concessions and online business under review.... read more


JD Sports to merge Iberian business with Sport Zone

9 March 2017 | Michelle Russell

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.... read more


Arcadia faces supply chain disruption amid fresh strikes

15 February 2017 | Michelle Russell

Arcadia's Topshop, Miss Selfridge and Burton Menswear stores could face stock disruption later this month as logistics workers prepare for fresh industrial action with a two-day strike over wages.... read more


JD Sports snaps up distribution firm 2Squared Agency

24 January 2017 | Michelle Russell

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


JD Sports says FY profit to exceed expecations

12 January 2017 | Michelle Russell

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%.... read more


JD Sports refutes warehouse worker investigation claims

14 December 2016 | Michelle Russell

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.... read more


Topshop supply chain workers strike over pay

8 December 2016 | Michelle Russell

Topshop owner Sir Philip Green may be in for a turbulent Christmas after the chain's supply chain workers in the UK voted for fresh industrial action. ... read more


JD Sports shares rise on Go Outdoors acquisition

28 November 2016 | Michelle Russell

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). ... read more


Sir Philip Green blamed for the collapse of BHS

25 July 2016 | Michelle Russell

"What kind of man is it who can count his fortune in billions but does not know what decent behaviour is?" The words of Rt Hon Frank Field MP, chair of the Work and Pensions Committee, will be stark reading for retail tycoon Sir Philip Green after British MPs today (25 July) published a damning report into the collapse of the BHS retail chain.... read more


JD Sports FY earnings nearly double amid expansion

14 April 2016 | Michelle Russell

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


JD Sports confident on "strong" FY trading

4 December 2015 | Michelle Russell

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


Arcadia focuses on supply chain as FY earnings climb

30 November 2015 | Michelle Russell

UK retail giant Arcadia Group said ensuring it has a well-audited supply chain will remain a priority as it revealed an increase in earnings for the full year, but a decline in like-for-like sales. ... read more


JD Sports makes "strong" start to year

17 June 2015 | Michelle Russell

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.... read more


Administrators make Bank Fashion redundancies

16 January 2015 | Michelle Russell

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


JD Sports offloads Bank Fashion unit to Hilco

25 November 2014 | Michelle Russell

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


Topshop teams with Beyoncé for fashion line

29 October 2014 | Michelle Russell

American popstar Beyoncé has joined forces with Topshop boss Sir Philip Green to launch a global athletic street wear brand.... read more


US: JD Sports should capitalise on Europe opportunity

18 September 2014 | Michelle Russell

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.... read more


JD Sports H1 trading update: What the analysts say

17 September 2014 | Michelle Russell

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.... read more


UK: JD Sports shares climb on "record" H1

17 September 2014 | Michelle Russell

JD Sports Fashion saw its share price climb over 4% in early trading as the UK retailer revealed a "record" set of first-half results that beat market expectations.... read more


CHINA: Online deal signed for Topshop and Miss Selfridge

14 August 2014 | Michelle Russell

Retail giant Arcadia Group is to launch its Topshop and Miss Selfridge brands in China through a partnership with online multi-brand retailer ShangPin.com.... read more


Mauritius overview: Textile and apparel firms talk tactics

13 May 2014 | Michelle Russell

The Mauritian textile and apparel industry has overtaken sugar to become the country's largest export, with a turnover of around US$885m in 2013, a marginal increase of just 0.07% over the year before. Local textile and clothing manufacturers are working hard to sustain this growth, with several sharing their future ambitions with just-style.... read more


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