Pentland news and archive

JD Sports shares plummet as largest shareholder sells holdings worth 177m pounds

Shares in JD Sports plunged over 10 percent percent on Wednesday after majority shareholder Pentland reduced its stake in the fashion retailer worth 177 million pounds. Pentland, which also owns sportswear brands such as Speedo and Berghaus, said it sold 24 million shares in JD Sports at 740p each. “Pentland is committed to remaining a long-term...

People

Berghaus increasing product and innovation team

Pentland-owned outdoor brand Berghaus has announced that it will be doubling the size of its product and innovation team, as part of a major investment to support the brand’s long-term growth strategy. The investment will include a new ‘Sprint Team’ that will bring certain lines to the market quicker, to allow Berghaus to work more effectively...

People

Marc Hare named Product Director of Lacoste Footwear JV

Pentland has announced the appointment of Marc Hare as the new Product Director of the Lacoste Footwear Joint Venture. The company said, Hare joins the business after having run his own successful streetwear inspired sneaker brand, Mr. Hare, since 2008. Hare, the company added, will be leading the new ‘Mainline’ and ‘Future Concepts’ product...

People

Gianni Georgiades named new CEO of Pentland-Lacoste Footwear JV

Pentland has announced the appointment Gianni Georgiades as Chief Executive Officer of the Lacoste Footwear JV. The company said, Georgiades, will join the business on May 8, 2018, from Coach where he was vice president of wholesale partnerships in Europe. Commenting on Georgiades’ appointment, Richard Newcombe, President of Pentland’s Footwear...

Fashion

Pentland Group revenues up 10 percent in 2013

REPORT_ Pentland Group in its full year results for the year ended December 31, 2013 said that its total revenues went up 10 percent to 1.9 billion pounds (3.2 billion dollars); organic growth. Revenues from Pentland Brands and other non-retail businesses were up 11 percent to 590 million pounds(1,004.8 million dollars), fuelled by record...

Fashion

Pentland wins two European business awards

Pentland, the name behind some of the world’s best sports, outdoor and fashion brands including Berghaus, Canterbury of New Zealand and Speedo has won two major European business awards. The fashion group, which is also the majority owner of JD Sports Fashion plc, was awarded Top European Family Business of the Year at the European Families in...

Fashion

Pentland Brands named as ‘Great Place to Work’

Pentland Brands, the sports and fashion group which own Berghaus, Canterbury of New Zealand, Speedo, Boxfresh, Brasher, Ellesse, Kangaroos, Mitre, Prostar and Red or Dead, has been voted as one of the UK’s top 10 Best Workplaces 2014 in the Best Larger Company category by the GreatPlace to Work Institute (GPTW). The group, which is also the...

Design

Pentland Group revenues rise 14.2 percent FY’12

REPORT_ Pentland Group saw total revenues rise by 14.2 percent, with the Olympics fuelling growth from sportswear brands such as Speedo. Sales at Pentland Brands, which owns labels such as Berghaus, Canterbury, Mitre, Boxfresh, and Red or Dead, rose 6.8 percent. The retail division, which includes a 57 percent stake in JD Sports Fashion, saw...