All JD Sports Fashion articles – Page 3
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ArticleJD Sports doubles profits but sees flat earnings this year
U.K. retailer JD Sports Fashion has more than doubled annual profits but warns that inflationary headwinds mean that earnings could stand still in the current financial year. It has also highlighted governance issues under the regime of former chairman and chief executive Peter Cowgill, who was abruptly ousted last month. ...
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News briefsJD separates roles of chair and CEO
U.K.-based JD Sports Fashion announced that as a result of an ongoing review of its internal corporate governance and control, it has decided to accelerate the separation of the roles of chairman and chief executive officer announced last year. As a result, Peter Cowgill, executive chairman since 2004, will step ...
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News briefsJD to open four stores in Andalusia
According to CMDsport, JD will be opening four stores in Andalusia over the next several weeks, raising its total doors in Spain to 88. The first of the four is scheduled for Seville on May 28, and the first store in Alcalá de Guadaira will follow on June 11. The ...
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News briefs
JD Sports continues to strengthen its board
JD Sports Fashion has appointed Suzi Williams as a non-executive director, effective May 16. Williams has spent thirty years leading global consumer brands and businesses for blue-chip companies, including Procter & Gamble, Orange and the BBC. As chief marketing officer of BT Group, she led the transformational London 2012 Olympics ...
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ArticleJD Sports lifts annual guidance despite footwear shortages
Britain’s JD Sports Fashion raised its annual profit outlook, despite a global shortage of key footwear styles and indicated upbeat sales so far this year. The company said it now expected profit before tax and exceptional items for the year to January 29 to be about £940 million (€1.1bn) and ...
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ArticleAnalysis: Sporting Goods Industry stocks fell more than 16% in Q1 2022
According to SGI Europe’s quarterly study of selected public sporting goods industry stocks, their average share price fell by 16.25 percent on a sequential basis in the first quarter of 2022, in contrast with the performance of some major stock indexes during the same period. The Standard & Poor’s 500 ...
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News briefs
Sprinter is set to open 25 new stores in Spain
The Spanish news service Palco23 reports that JD Group is planning to open 25 new Sprinter stores in Spain this year. Sprinter, which has been part of JD Group since 2011, is one of the main sports retailers in Spain, selling both international sports brands and private labels. Plans for ...
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News briefsJD raises its profit forecast
JD Sports Fashion indicated a few days ago that it expects to report pre-tax earnings of at least £900 million (€1,074m) for the financial year ended Jan. 29, up from previous guidance of £750 million given in September and £810 million on Jan. 12. On the other hand, the international ...
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Article
ABG strikes an early deal with the JD group for Reebok
The Authentic Brands Group (ABG) has secured an agreement with JD Sports Fashion for Reebok to be available for sale in all its 2,850 stores in Europe and North America, including those operating under the JD, Size?, Finish Line, DTLR, Shoe Palace, Sprinter and SportZone and their associated e-commerce platforms. ...
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Infographics & DataTop sporting goods retailers in Europe
This exclusive interactive chart ranks the top sporting goods retailers in Europe by revenues in USD for 2020 and percentage growth in their local currency. The charts and data can be downloaded. This is exclusive data and analysis for Premium Members.
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Infographics & DataTop 50 Sporting Goods Retailers in the Galaxy
This exclusive interactive chart ranks the top 50 sporting goods retailers by revenues in USD for 2020 and percentage growth in their local currency. The charts and data can be downloaded. This is exclusive data and analysis for Premium Members.
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ArticleAnalysis: The world’s major sports retailers
This exclusive, yearly statistic shows the revenue development of the 50 largest sports retailers.
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News briefsJD Sports rents 47,000-sqm warehouse in England
JD Sports Fashion has signed a 20-year lease with Panattoni, a global logistics and industrial real estate development company based in Newport Beach, California, for a 47,770-square-meter speculatively developed facility at Derby Commercial Park in the East Midlands, England. Under the terms of the agreement, JD Sports leases Derby 515, ...
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ArticleSporting goods stocks jumped by 26.65% in Q2
The average share price of the sporting goods sector grew by 26.65 percent between March 31 and June 30, accelerating from the 10.9 percent growth recorded in the first three months of this year. As usual, the public companies in this sector scored much better than all the major stock ...
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News briefs
Andy Long replaces Andy Rubin on JD’s board
JD Sports Fashion has announced the departure of Andy Rubin, chairman of Pentland Brands, as a non-executive director of the retailer, which is controlled by the Pentland Group with a stake of 51.9 percent. He was replaced on May 6 by Andy Long, an executive director of Pentland Group that ...
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ArticleJD reports flattish annual results, despite Brexit and the pandemic
JD Sports Fashion Plc managed to report generally good results for the year ended Jan. 30, 2021 despite 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 exceptional items and taxes of 421.3 million pounds ...
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News briefs
JD takes Size? to Canada
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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News briefs
JD Sports partners with an e-sports firm in Italy
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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News briefs
First Canadian JD store may open in the second half
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 ...
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ArticleJD expands in Central and Eastern Europe
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 countries. The ...
