JD Sports Fashion PLC news and archive

JD Sports navigates weaker consumer confidence in Q3, adjusts outlook

JD Sports Fashion plc reported delivered stable trading despite persistent macroeconomic pressures and softer consumer confidence across key markets in the third quarter. Total Group sales for the 13 weeks to 1 November rose 8.1 percent at constant exchange rates, including contributions from recent acquisitions, while organic sales increased...

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Business

JD Sports posts steady Q4, announces medium-term growth strategy

Sports fashion retailer JD Sports has provided its fourth-quarter trading update and initial outlook for the new financial year, highlighting a resilient performance in a challenging market. The Group reported LFL revenue growth of 0.3 percent and organic revenue growth of 5.8 percent for FY25, with adjusted pre-tax profit landing within the...

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Retail

JD Sports and Nike expand connected rewards progams to the US

JD Sports has been named the first global retail partner for Nike’s Connected Membership program as the reward program expands to the US. The extension follows on from JD’s successful launch of Nike’s reward program to the UK as its first European sports retail partner back in September 2022. Following the rollout of the Nike Connected...

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Business

JD Sports Fashion delivers sales growth, maintains profit outlook

JD Sports Fashion reported unaudited full year revenue increase of 2.7 percent to 10.4 billion pounds with constant currency sales growth of 2.9 percent. Organic sales growth was 9 percent comprising 3.8 percent like-for-like sales growth and 5.2 percent sales growth from net new space. Premium sports fashion organic sales growth was 10.9...

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Business

JD Sports Fashion acquires majority stake in Deporvillage

JD Sports Fashion Plc has announced that on June 25, 2021, Iberian Sports Retail Group SL (‘ISRG’), its existing 50.02 percent intermediate holding company in Spain acquired 80 percent stake in Deporvillage for 140.4 million euros. Commenting on the transaction, Peter Cowgill, executive chairman of JD Sports Fashion Plc, said: “Deporvillage has...

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Business

JD Sports confirms positive sales momentum, raises outlook

JD Sports Fashion Plc announced in a media statement that the positive levels of performance announced in its interim results statement continued through the second half, including the key Christmas period. Like for like store sales in the second half to date across the group’s combined sports and outdoor fascias, including those in Europe, were...

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...