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Business

JD Sports appoints new non-exec director

Sportswear retailer JD Sports has announced the appointment of Suzi Williams as its new non-executive director, effective May 16. Williams comes to the firm with 30 years of experience in running consumer brands and businesses, including the likes of Procter and Gamble and the BBC. She is currently a non-executive director at Telecom Plus Plc...

May 13, 2022

Business

JD Sports ceases online sales and wholesale in Russia

British retailer JD Sports Fashion Plc (JD.L) confirmed on Friday that it has ceased all trading in Russia across both its brand websites and wholesale channels. These sales represented less than 0.05 percent of annual revenues. JD Sports added that it has no facilities or employees in either Russia or Ukraine. JD Sports said it is "shocked and...

Mar 4, 2022

Business

JD Sports appoints new senior independent director

UK sportswear giant JD Sports has announced the appointment of Kath Smith to senior independent director and chair of the nominations committee, effective immediately. Smith, who joined the board in May 2019, is said to be bringing “substantial experience” from working with leading brands. Previously acting as interim chair of the remuneration...

Feb 28, 2022

BusinessFeatured

JD Sports and Footasylum fined for breach of CMA order

British sportswear retailers JD Sports and Footasylum have been fined a combined 4.7 million pounds for breaching an order by the UK’s Competition and Markets Authority (CMA). The CMA, which in November ordered JD Sports to sell Footasylum over competition concerns, said the CEOs of the two companies breached its order by sharing “commercially...

Feb 14, 2022

PeopleFeatured

Debenhams taps JD Sports veteran Daniel Finley as new CEO

Debenhams has appointed JD Sports veteran Daniel Finley as its new chief executive officer. “After an incredible decade as Group Multi Channel Director at JD Sports Fashion plc, I decided it was time to take up a new challenge,” Finley announced on LinkedIn. “Today, I am excited to have started my new role as chief executive of Debenhams,...

Jan 25, 2022

Business

JD Sports reportedly signs deal with Excel Esports

British sportswear brand JD Sports has reportedly signed a deal with Excel Esports that will see the gaming organisation’s roster of around 3,000 UK-based players don the retailer’s logo. It will also include exclusive naming rights to Excel’s academy roster, which is to be rebranded to JDXL. The deal displays the continued interest in esports...

Jan 14, 2022

BusinessFeatured

Frasers Group reportedly offers to acquire Footasylum from JD Sports

Frasers Group has reportedly tabled an offer for Footasylum after JD Sports was ordered by the UK’s Competition and Markets Authority (CMA) to sell the company earlier this year. The CMA told JD Sports in November it would have to sell Footasylum’s 65 stores after ruling the merger between the two sportswear retailers would “leave shoppers worse...

Dec 29, 2021

Retail

JD Sports opens second flagship store in Amsterdam

Sports retailer JD Sports has opened its second flagship store in Amsterdam. Located on the Kalverstraat, the store is divided into two floors, dedicated to a variety of footwear and apparel. The 736 square meter store features brands such as Nike, Jordan, Adidas, New Balance, Puma, Converse and Vans. When asked about any plans for further JD...

Nov 29, 2021

BusinessFeatured

JD Sports responds to media reports of alleged Footasylum meeting

Sportswear retailer JD Sports Fashion plc has released a response to media reports that its executive chairman Peter Cowgill had been holding meetings with Footaslyum’s chairman, Barry Bown, possibly in breach of competition rules. Initially reported by The Sunday Times, video footage released back in July shows Cowgill and Bown sitting in a...

Nov 8, 2021

BusinessFeatured

JD Sports snaps up Greek retailer Cosmos Sport

JD Sports has snapped up an 80 percent stake in Greek retailer Cosmos Sport for an undisclosed sum in what is the latest in a string of acquisitions by the British sportswear giant. Cosmos is based in Crete and operates 57 stores across Greece and three in Cyprus under a variety of retail banners and associated trading websites. The principal...

Oct 22, 2021

BusinessFeatured

JD Sports steps into beauty with acquisition of Hairburst

JD Sports is stepping into the UK’s red-hot beauty market after acquiring a majority stake in haircare brand Hairburst for an undisclosed sum. Founded in 2014 by James Hill, Henry Gwilliam and Matthew Cragg, Hairburst sells vitamins, shampoos and styling products for hair. “We are very proud to be the first beauty business to partner with JD on...

Sept 28, 2021

Business |ANALYSIS Featured

US buyers of athleisure and trainers drive record earnings at JD Sports

Boosted by sales of trainers in the US and the ongoing demand for athleisure, British sports apparel retailer JD Sports reported record earnings for the first half of the year. On the back of the news, the company’s shares reached historic heights. The business “continues to demonstrate outstanding resilience in the face of numerous challenges”...

Sept 15, 2021