JD Sports facing fine for Rangers FC 'price rigging'
JD and Elite fixed prices on Rangers replica kits and short-sleeve shirts, the CMA alleges
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.
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Will JD Sports live to regret Peter Cowgill's departure?
Since taking control at the helm in 2004, Cowgill has overseen the company’s share price grow by somewhere in the region of 5,000%
JD Sports tumbles as boss Peter Cowgill steps down
Kath Smith, a non-executive director and senior independent director, will become interim chief executive
RBC slash target price for retailers JD Sports, Superdry and Halfords
Superdry had the largest target price cut out of the three London listed retailers
JD Sports is the king of brand relationships
JD is known for its strong relationships with brands such as Nike and Adidas
JD Sports reports trainer shortage but profits still expected to rise
The retailer's like-for-like sales were more than 5% higher year-on-year, driven by both the "strength and breadth" of its brand relationships and category offerings
JD Sports one of the 'more resilient models', says broker
JD remains well-positioned to be a key global partner for big brands
JD and Footasylum fined by CMA
The two failed to disclose information shared to the regulator
JD Sports brushes aside supply problems as athleisure demand soars
Profit before tax (PBT) for the year ended 29 January will be at least £875mln
Travel, retail and housebuilders on the agenda for Wednesday
Trading updates are due from DFS Furniture, JD Sports, Sainsburys, Just Eat, Nichols, Pagegroup, Vistry and Whitbread
JD Sports rallies as Nike performs better than expected
Shares in the trainer and sportswear retailer have been under a cloud recently
JD backs down from Footasylum takeover
It has faced several obstacles since it announced the purchase over two years ago
JD Sports awarded 'A-' rating for climate change for second year
The company achieved an A star rating for the second consecutive year
JD Sports responds to media reports on boss meeting Footasylum counterpart
In a video obtained by the Sunday Times, the FTSE 100 group’s executive chairman Peter Cowgill is shown meeting Barry Bown in what is being investigated as a breach of CMA orders
JD Sports ordered to sell Footasylum by UK competition watchdog
JD Sports said the decision to block the acquisition “defies logic” and that it will carefully consider its options
JD Sports upgraded to ‘buy’ at UBS as it weathers supply chain problems better than peers
The broker is forecasting a pre-tax profit of £859mln for the athleisure retailer for full-year 2022, well above the company's own guidance of “at least £750mln”.
Archive
FTSE 100 ends higher as miners rebound
US stocks lower at the midday point on Friday on tech sector weakness
JD Sports, what’s your secret?
The athleisure retailer is going from strength to strength: what sets it apart from its competitors?
JD Sports eyes huge full-year profit jump after record interims
The retailer still maintained a cautious stance as footfall remains weak in many countries, while the peak Christmas period won’t benefit from stimulus cheques in the US and might be hit by further restrictions
China and the luxury goods sector: Berenberg cautious on short term but positive on long term outlook
The Chinese government has yet to announce the details of its wealth distribution plans, but they are likely to involve higher taxes for the wealthy