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JD Sports ends year with sales growth
13 April 2021 | Beth Wright
Sports retail giant JD Sports Fashion Plc has emerged from a year of disruption in a position of sales growth, one analyst says, with revenues for the year up GBP56.5m (US$77.8m) on the previous twelve months. ... read more
JD Sports completes US$495m DTLR Villa purchase
18 March 2021 | Beth Wright
Sports retail giant JD Sports Fashion Plc has completed its US$495m acquisition of US athletic footwear and apparel streetwear retailer DTLR Villa in a move that extends its presence in the north and east of the United States.... read more
JD Sports expands European footprint with MIG
12 March 2021 | Beth Wright
Sports retail giant JD Sports Fashion Plc has struck a deal to acquire a 60% stake in Poland's Marketing Investment Group (MIG), which sells a range of sports fashion footwear and apparel from leading global brands, primarily under the Sizeer and 50 Style fascias.... read more
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
JD Sports explores funding options to fuel expansion
26 January 2021 | Hannah Abdulla
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.... read more
Pentland Brands hires first "positive business" director
21 January 2021 | Beth Wright
Pentland Brands has appointed its first positive business director to drive the company's strategy to deliver on its commitment to take action for people and the planet. ... read more
JD Sports continues to prosper through heightened restrictions
11 January 2021 | Beth Wright
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).... 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
JD Sports eyeing Debenhams takeover?
24 November 2020 | Hannah Abdulla
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.... read more
JD Sports granted new hope for Footasylum takeover
13 November 2020 | Beth Wright
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.... read more
Pentland Brands names new brand boss for Canterbury and Mitre
13 October 2020 | Beth Wright
Pentland Brands has named Jodie Soussan as the new global brand director for its Canterbury and Mitre brands in the latest of a series of management changes.... 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 buys back Go Outdoors after administration
24 June 2020 | Beth Wright
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.... read more
JD Sports readies administrators for Go Outdoors
22 June 2020 | Beth Wright
JD Sports Fashion Plc has filed a notice to appoint administrators to its specialist camping division Go Outdoors.... read more
Competition watchdog blocks JD Sports takeover of Footasylum
6 May 2020 | Hannah Abdulla
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.... read more
Global retail staff and salary reductions amid Covid-19 – Update
1 May 2020 | just-style
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:... read more
Gerson to return to Pentland Group as president of Speedo North America
30 April 2020 | Beth Wright
Jim Gerson is to return to Pentland Group as president of Speedo North America following the US$170m acquisition of the business from PVH Corp last month. ... read more
Global retail closures as coronavirus spreads – Update
15 April 2020 | just-style
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. ... read more
JD Sports delays results on Covid-19 uncertainty
24 March 2020 | Hannah Abdulla
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.... read more
Footasylum urges competition watchdog to reconsider decision on JD merger
18 March 2020 | Hannah Abdulla
Footasylum has urged the UK competition watchdog to reconsider its decision to block a merger with rival JD Sports.... 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
JD Sports confident on FY amid positive Christmas trading
13 January 2020 | Beth Wright
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.... 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
JD Sports to "fully cooperate" with competition watchdog on merger probe
1 October 2019 | Hannah Abdulla
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. ... read more
Sports Direct worries over JD Sports probe impact on major brands
24 September 2019 | Hannah Abdulla
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.... read more
JD Sports' Footasylum bid raises competition concerns
19 September 2019 | Beth Wright
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.... read more
Speedo trials augmented reality in sportswear
11 September 2019 | Beth Wright
UK-based Pentland Brands, one of the world's largest sports, outdoor and fashion companies, has trialled a new augmented reality (AR) fit technology that it says could be applied to any footwear, apparel or accessories that are custom-fitted.... read more
JD Sports Fashion reports 47% surge in H1 sales
10 September 2019 | Beth Wright
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.... read more
UK competition watchdog launches probe into JD Sports, Footasylum merger
29 July 2019 | Hannah Abdulla
The UK competition watchdog has launched a probe into JD Sports' proposed a takeover of rival Footasylum.... read more
JD Sports on track for another year of good growth
3 July 2019 | Beth Wright
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.... read more
Pentland Brands launches ethical trade app to tackle modern slavery
18 June 2019 | Beth Wright
UK-based Pentland Brands, one of the world's largest sports, outdoor and fashion companies, has launched a new app to help people throughout its supply chain spot potential ethical trade issues.... read more
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