JD Sports CFO Brian Small to leave at the end of the month
JD Sports said finance director, Neil Greenhalgh, has been appointed as CFO to replace Brian Small
Company
JD Sports Fashion PLC
LON:JD.
JD Sports Fashion plc has long been established as the leading UK specialist multiple retailer of fashionable branded and own brand sports and casual wear, principally through the growth of its main retail fascia, JD Sports. The JD Group now has well over 500 stores covering both sports and branded fashion but it all started when John David Sports was founded in 1981 with one shop in Bury. By 1983 the fledgling business was expanding into the Arndale Centre in Manchester and throughout the 1980s there were further openings, largely in the North and Midlands. The first London store was opened in Oxford Street in 1989 and by the time of JD’s stock market flotation in 1996 there were 56 stores. Maximum advantage was being taken from the growth in sales of international sports brands such as adidas, Nike, Reebok and Puma and the trend to wear sportswear more and more in everyday life rather than largely on sports fields. Additionally, JD had already developed its reputation as the most innovative visual merchandiser of sportswear with the best and most exclusive and stylish ranges.
363 stories · page 14 of 19
Five reasons why JD is faring better than Footasylum
JD has a size advantage which gives it better buying power, but there are other reasons why JD is reporting record profits while Footasylum is issuing profit warnings
JD Sports delivers record first-half earnings despite tough UK retail market
JD Sports said it remains "confident that we are well positioned to deliver an outturn in line with current market expectations"
FTSE 100 stays in red at close as Brexit deal confidence wanes; trade fears persist
The UK bluechip index fell 25 points to 7,253 around 3.50pm
Archive
UK jobs and wages in focus given upcoming Bank of England policy meeting
Aside from the latest UK labour market data, Tuesday will also bring corporate updates from the likes of Ashtead Group, JD Sports Fashion, and Cairn Energy
Archive
Heatwave may help or hurt sales at Wetherspoons, JD Sports, Primark and Dunelm
The week ahead includes annual results from Wetherspoons, Galliford Try and Dunelm along with interims from Morrisons and trading updates from AB Foods and Ashtead
Footasylum: The nightmare investment that has been a nice little earner for founder's kids
Investors buying at the IPO price of 164p have lost about half of their investment so far but the kids of Footasylum founder David Makin have pocketed millions
JD Sports on track to deliver annual results in line with market forecasts, says chairman
JD Sports chairman Peter Cowgill said the company is encouraged about the progress the sportswear retailer has been making with its global expansion
Sports Direct sells out of US firm Finish Line Inc days after JD Sports completed its acquisition
In addition, Sports Direct also revealed that its strategic interest in Nasdaq-listed brand license firm Iconix Brand Group Inc was 5.66mln shares, reflecting an 8.6% interest
Footasylum’s increased investment means short-term pain for long-term gain, says City analyst
Shares in the athleisure retailer have halved this morning on news that this year’s profits will be dented by increased investment in its stores, but house broker Liberum reckons the move makes sense
Footasylum stumbles as higher investment and gloomy trading conditions to hit this year’s results
For a company whose valuation is primarily based on its ability to grow substantially in the coming years, any downgrades, especially big ones, are always going to knock the share price
Why Dixons Carphone, Just Eat and Sports Direct will be among the World Cup winners
The World Cup is just around the corner and it’s not just football fans getting excited, the tournament also tends to boost sales for a number of companies
FTSE 100 closes in the black as Shire surges; tobacco stocks drift lower
Shire shares ended 5.89% up as the group received and rejected a takeover approach from Japan's Takeda Pharma
Ascent Resources climbs as formal sale process started after producing revenues in 2017
Some of the top news-driven risers in London at 3.45pm ...
JD Sports sprints higher as athleisure craze helps to drive record profits
JD Sports’ pre-tax profits jumped by almost a quarter to £294.5mln as the younger generations continue to splash their cash on Nike jogging bottoms and EA7 t-shirts
FTSE 100 closes higher as Wall Street surges; sterling eases
FTSE 100 closed higher, as did it mid-cap cousin, FTSE 250
Archive
Wage growth could be trigger point for Bank of England interest rate hike in May
Day ahead includes the latest UK employment and average earnings data, plus trading updates from Primark owner Associated British Foods and fellow retailer JD Sports
Archive
High street issues to the fore as Debenhams, JD Sports, and Primark owner AB Foods provide updates
Week Ahead includes trading statements from Primark owner Associated British Foods, Debenhams, and JD Sports, plus Q1 numbers from Unilever, Reckitt Benckiser and Rentokil Initial
FTSE 100 closes in red as pound firms but miners add support
Sterling added 0.01% against the Euro to 1.1434, while against the US dollar, it added 0.60% to 1.4232.
Investments and investor services
Prospex Oil and Gas boosted by new discovery, Petro Matad pinched by US$16mln placing
A look at some of the top risers and fallers in London today.