JD Sports news and archive

Jobs at JD Sports’ Derby warehouses thrown into doubt

Employees at JD Sports’ Derby-based distribution centre are believed to be facing potential job losses, with reports suggesting that many are already being consulted about the possibility of redundancies. The future of the company’s Derby Commercial Park warehouse is also said to be under review, according to the BBC, which initially reported...

Business

Frasers Group loses appeal against NUFC regarding replica kits

In the latest development of Sports Direct against Newcastle United Football Club (NUFC), the Frasers Group-owned retailer has failed in its bid to appeal a decision made regarding the supply of the football club’s replica kit. Sports Direct had requested for the UK’s Court of Appeal to reassess the Competition Appeal Tribunal’s decision to not...

People

JD Sports non-executive director Mahbobeh Sabetnia to step down

Mahbobeh Sabetnia, a non-executive director on the JD Sports board and member of the remuneration committee has decided not to stand for re-election at the company’s annual general meeting on June 27, 2024. Sabetnia has served on the board for nearly two and a half years including as a member of the remuneration committee since November 29,...

Business

JD Sports to acquire US-based Hibbett for 1.08 billion dollars

JD Sports Fashion has announced the proposed acquisition of sports-fashion brand Hibbett. Today the group proposed to acquire 100 percent stake in Hibbett for a price of 87.50 dollars per share in cash, implying an equity value of 1,083 million dollars and an enterprise value of 1,109 million dollars. Commenting on the development, Régis...

PeoplePress Release

Connecting cultures: Tobi Brown talks life and gaming on JD Sports' Podcast

The vision of JD Sports to connect globally, inspire locally, and empower individually is vividly embodied in their 'JD in the Duffle Bag' podcast, which directly engages with its audience. This platform is the largest of its kind for interviews with artists, personalities, and entertainers, attracting the most influential figures in youth...

Retail |In Pictures

JD Sports opens global flagship in Paris

Sports fashion retailer JD Sports Fashion has opened a global flagship store in the heart of Paris. Located at 118 Avenue des Champs-Élysées, the store has been designed to create an immersive shopping experience, showcasing the brand’s latest innovations in digital technology and merchandising offering the “hottest brands and latest launches”....

Business

Sports Direct fails to secure injunction against Newcastle United over replica kits

Mike Ashley’s Sports Direct has been unable to secure an injunction against Newcastle United Football Club (NUFC) that would have allowed the retailer to sell the club’s replica kits for the 2024/25 season. The sportswear retailer filed a complaint against NUFC with the Competition Appeal Tribunal during March, in which it had alleged that the...

Business

TFG to bring JD Sports to South Africa

The Foschini Group (TFG) is set to bring British sportswear retail giant JD Sports to the South African market through a newly established franchise agreement with the group. As JD Sports’ exclusive retail partner in the region, TFG’s CEO Anthony Thunström said the company would be bolstering its existing sports positioning, building on its...

BusinessFeatured

JD Sports Q4 LFL sales improve, outlook remains 'challenging'

JD Sports annual sales were 10.5 billion pounds, up 3.6 percent on the previous year, including a negative 6.2 percent impact from disposals and a 1.4 percent benefit from the 53rd week. The company said in a statement that PBT for the year to January 2024 is expected to be in line with the revised guidance range of 915 million pounds to 935...

Business

Mike Ashley seeks injunction against Newcastle United over replica kit deal

Frasers Group owner Mike Ashley is seeking an injunction against Newcastle United Football Club (NUFC) regarding a disagreement over the distribution of the club’s replica kits. Ashley, through his group’s portfolio company Sports Direct, has filed the claim to the Competition Appeal Tribunal, in which he alleged that the club had “abused its...

Retail

Last of JD's Perry Sport, Aktiesport and Sprinter stores shutter

The doors of the final lot of JD Sports' Dutch retailers Perry Sport, Aktiesport and Sprinter will close on Tuesday. Many of the branches had already shuttered earlier this year, but the last six are now closing, curator Kees van de Meent told De Telegraaf. The stores had been operated under JD's subsidiary Sports Unlimited Retail, the company...

Business

JD Sports pulls support for Dutch retail group leading to bankruptcy

Sports Unlimited Retail had been making losses for several years, according to the trustee's first bankruptcy report. The losses were always compensated by UK parent company JD Sports Fashion Plc, but when it decided to stop doing so in November 2023, Sports Unlimited Retail filed for its own bankruptcy. Sports Unlimited Retail is the parent...