Pentland news and archive

JD Sports shares plummet as largest shareholder sells holdings worth 177m pounds

Shares in JD Sports plunged over 10 percent percent on Wednesday after majority shareholder Pentland reduced its stake in the fashion retailer worth 177 million pounds. Pentland, which also owns sportswear brands such as Speedo and Berghaus, said it sold 24 million shares in JD Sports at 740p each. “Pentland is committed to remaining a long-term...

People

Marc Hare named Product Director of Lacoste Footwear JV

Pentland has announced the appointment of Marc Hare as the new Product Director of the Lacoste Footwear Joint Venture. The company said, Hare joins the business after having run his own successful streetwear inspired sneaker brand, Mr. Hare, since 2008. Hare, the company added, will be leading the new ‘Mainline’ and ‘Future Concepts’ product...

People

Gianni Georgiades named new CEO of Pentland-Lacoste Footwear JV

Pentland has announced the appointment Gianni Georgiades as Chief Executive Officer of the Lacoste Footwear JV. The company said, Georgiades, will join the business on May 8, 2018, from Coach where he was vice president of wholesale partnerships in Europe. Commenting on Georgiades’ appointment, Richard Newcombe, President of Pentland’s Footwear...