All JD SPorts Fashion articles

  • JD Sports
    Article

    JD reports flattish annual results, despite Brexit and the pandemic

    2021-04-13T18:27:00Z

    JD Sports Fashion Plc managed to report generally results for the year ended Jan. 30, 2021 in spite of the impact from the coronavirus pandemic and Brexit, “which have severely tested all aspects of the business,” the management said. The company’s profit before tax and exceptional items of ...

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    JD takes Size? to Canada

    2021-03-24T17:43:00Z

    JD Sports Fashion has opened its first Size? sneaker shop outside Europe in Toronto. It has also launched a dedicated web store for the Canadian market, www.size.ca . The chain’s expansion in Canada is expected to continue with a store in Vancouver later this year, followed by a ...

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    JD Sports partners with an e-sports firm in Italy

    2021-03-16T18:16:00Z

    JD Sports and Qlash , an e-sports organization, have announced a new year-long partnership for 2021 that allows JD Sports to be part of the Italian e-sports scene. Under the terms of the deal, the two companies will use their physical locations to “exchange” visibility and exposure. JD Sports ...

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    First Canadian JD store may open in the second half

    2021-03-15T18:32:00Z

    JD Sports Fashion is reportedly planning to open its first JD Sports store in Canada in the second half of this year. Like it did in the U.S. with the acquisition of The Finish Line , it would utilize the platform of Onepointfive Ventures , a company based ...

  • JD Sports
    Article

    JD expands in Central and Eastern Europe

    2021-03-12T18:12:00Z

    Pursuing its international expansion, JD Sports Fashion has signed an agreement to acquire a 60 percent majority interest in the Marketing Investment Group (MIG) , a wholesaler and multi-channel retailer specializing in the sporting goods sector with a network of 410 retail stores in Poland and eight other neighboring ...

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    JD Sports in talks to acquire warehouse from Arcadia Group

    2021-03-02T10:13:00Z

    According to Sky News , JD Sports Fashion is the front-runner in negotiations to acquire Arcadia Group ’s warehouse in the English town of Daventry for around £60 to £90 million (€69m-$83m to €104m-$125m). Boohoo Group , Amazon and eBay have reportedly also expressed interest. A casualty ...

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    JD Sports on the hunt for more purchases after raising £464m

    2021-02-04T16:34:00Z

    JD Sports Fashion is on the hunt for more acquisitions after raising £464 million pounds (€529m-$634m) through a placement of 58.4 million new shares, representing about 6 percent of its share capital. They were placed at 795 pence each, offering a 2.5 percent discount on the mid-market closing price ...

  • JD Sports
    Article

    JD Sports buys another U.S. chain, wants more

    2021-02-04T13:40:00Z

    After its $558 million takeover of The Finish Line in 2018 and its more recent $680 million acquisition of Shoe Palace on the U.S. West Coast, JD Sports Fashion continues its expansion in the U.S. with the announced purchase of a 100 percent stake in DTLR ...

  • Article

    JD acquires another sports chain in the U.S.

    2021-02-01T15:14:00Z

    After its $558 million takeover of The Finish Line in 2018 and its more recent $680 million acquisition of Shoe Palace on the U.S. West Coast, JD Sports Fashion continues its expansion in the U.S. with the announced purchase of a 100 percent stake in DTLR Villa ...

  • Article

    JD confirms its search for extra funding opportunities

    2021-01-26T16:15:00Z

    JD Sports Fashion confirmed that it is exploring additional funding options, possibly involving a non-equity placing, as it looks to increase “its flexibility to invest in future strategic opportunities.” The company confirmed the move after Sky News reported the group was in talks with advisors on a ...

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    JD may want to buy Topshop in partnership with ABG

    2021-01-14T16:23:00Z

    JD Sports Fashion is partnering with the U.S.-based Authentic Brands Group (ABG) in a possible bid for Topshop , the big U.K.-based chain of fashion stores, which is regarded as the most important asset of the bankrupt Arcadia Group , according to Sky News . Other bidders for ...

  • Article

    Better-than-expected profits for JD Sports Fashion

    2021-01-11T14:02:00Z

    In an update on its performance through the Christmas selling period , JD Sports Fashion said that demand has remained robust throughout the second half of 2020, including the key months of November and December, despite temporary store closures in many territories. As a result, revenues for the 22 weeks ...

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    JD Sports Fashion acquires Wellgosh

    2021-01-06T16:48:00Z

    JD Sports Fashion has reportedly acquired Wellgosh , an independent menswear retailer based in Leicester, for an undisclosed sum. The information was first reported by Drapers . Wellgosh, a family-run business, was founded by Peter Turner around 30 years ago. The company started operations with a small store ...

  • JD Sports
    Article

    JD Sports expands on the U.S. West Coast by acquiring Shoe Palace

    2020-12-15T15:50:00Z

    JD Sports Fashion has announced the acquisition of Shoe Palace , which describes itself as “one of the most trusted athletic footwear and apparel retail chains in the United States,” and other assets in a cash and stock deal worth over $680 million in total. Acting through a wholly-owned holding ...

  • News briefs

    JD Sports’ acquisition of Footasylum faces another legal hurdle

    2020-12-04T18:41:00Z

    JD Sports Fashion ’s battle to retain ownership of the British Footasylum chain is taking another turn, with the U.K.’s Competition and Markets Authority (CMA) “applying for permission” to appeal a recent judgement by the Competition Appeal Tribunal in the case, “after careful consideration.” JD had appealed to the ...

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    Article

    Big swings in the European sports retailers’ market shares

    2020-11-26T17:32:00Z

    The overall consumption of sporting goods accelerated in Western Europe in 2019, posting increases of 4.0 percent in euros and 3.6 percent in local currencies, according to an annual study by SGI Europe . This can be compared with the increases of 2.7 percent and 1.6 percent, respetively, that we ...

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    JD may be serious about Debenhams

    2020-11-24T18:24:00Z

    JD Sports Fashion has reportedly entered exclusive negotiations for the acquisition of Debenhams , the struggling British department store chain, with FRP and Lazard , which are advising the bankrupt company’s receivers. According to the reports, JD is particularly attracted by Debenhams’ website and the locations of some ...

  • News briefs

    JD may bid for Debenhams

    2020-11-16T18:09:00Z

    JD Sports Fashion is said to be studying a possible bid for Debenhams , the biggest chain of department stores in the U.K. with 124 stores and a web shop. According to reports, JD has been given access to its financial data, which was previously denied to Frasers ...

  • News briefs

    JD wins a round in the battle for Footasylum

    2020-11-13T18:14:00Z

    JD Sports Fashion reports that the Competition Appeal Tribunal of the U.K. has “quashed” a decision by the Competition and Markets Authority (CMA) to forbid its acquisition of Footasylum , a British chain of more lifestyle-oriented sports fashion shops. As a result, the CMA will have to reconsider the ...

  • News briefs

    JD’s executive chairman sells shares

    2020-11-02T18:16:00Z

    Peter Cowgill , executive chairman of JD Sports Fashion , has sold 2,587,326 shares in the British company at a price of 745.61 pence per share, leading to total proceeds of £19,291,102 (€21,406,962-$24,889,334). The retailer’s share price has been sliding in the last five days from around 800 pence to ...