All JD Sports Fashion articles – Page 5
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News briefs
JD’s boss sells some of his shares
JD Sports Fashion was notified on June 5 by its executive chairman, Peter Cowgill, that he had disposed of 1,985,000 shares in the company at an average price of 671.77 pence a share, leaving him with 6,480,260 shares representing 0.67 percent of the issued share capital. He earned £13.3 million ...
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News briefs
JD doesn’t want Kate Smith at Boohoo
JD Sports Fashion has blocked the nomination of Kate Smith as a non-executive director of a rather successful British e-tailer, Boohoo. The big British sports and outdoor retailer didn’t say why it was withholding its consent, but one reason seems to be the fact that Boohoo has been developing strongly ...
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Article
Adidas fell by 19% in Q1, sees Q2 down by over 40%
The Adidas Group reported today a sharp drop in profit margins on a 19.2 percent decline in sales for the first quarter, due to the coronavirus outbreak, but warned that the second quarter will be worse. With more of its store base still closed right now, the management is expecting ...
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News briefs
JD suspends dividends
To save cash, JD Sports Fashion is suspending its annual dividend as all its stores in the U.K., the rest of Europe and the U.S. are now closed because of the coronavirus crisis. The U.K.-based retailer’s executive chairman, Peter Cowgill, is taking a pay cut of 75 percent, while members ...
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Article
How the industry is reacting to the Coronavirus
(Updated on March 27, early morning time) We have been making use of our new SGI Europe and Outdoor Industry Compass websites to give you a constant flow of new information on what the industry is doing about the spreading Covid-19 pandemic in a dedicated “Corona Ticker.” We feel that ...
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