
JD Sports Fashion has enjoyed strong sales since late summer with total revenues for the 22 weeks to January 1 up 10%. It also upgraded its profit forecast for the full year after the good trading in H2 so far.
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JD Sports Fashion has enjoyed strong sales since late summer with total revenues for the 22 weeks to January 1 up 10%. It also upgraded its profit forecast for the full year after the good trading in H2 so far.
Acquisition-hungry JD Sports Fashion has now moved into beauty. The UK-based sportswear giant has bought a stake in online hair & beauty brand Hairburst, which sells vitamins, shampoos and styling products.
In what looks to be a strong fit, retail giant JD Sports Fashion has made a multi-million-pound investment in UK performance wear/althleisure retailer Gym King, taking a “significant” minority stake in the firm.
Acquisition-hungry JD Sports Fashion has ramped up its global spending spree to buy a controlling stake in Poland-based peer Marketing Investment Group (MIG).
In May 2020, the British sneakers and sportswear retailer will set up shop at 118 rue de Rivoli, Paris, where it will replace H&M, and has already approved eight store openings in France next year.
JD Sports’ half-year results were out on Tuesday and it was yet another example of a business that seems to be getting almost everything right at present both in its core UK market and abroad.
The British sneaker and sportswear retailer will set foot in the French capital next year, on Rue de Rivoli, and will also open a store in Times Square, New York -- one year after first entering the U.S. market.
The unstoppable JD Sports issued an update on Wednesday and it showed its progress doesn't seem to be slowing down with the fiscal year starting well and the firm opening new stores in Europe, Asia Pacific and the US.
The British group will convert five Finish Line outlets into JD stores - the important American network it acquired this year - in the cities of New York, Chicago and Los Angeles.
In sports, it’s all about winning and JD Sports Fashion certainly won the sales/profits race last year. It prospered on the athleisure trend, on digital growth and investment to ensure brands want it to sell their goods.