With many in UK retail reporting sales falls for the Christmas trading period it was encouraging on Friday to see JD Sports Fashion talking about “positive like-for-like trends in the group's global fascias”.
Sports Direct's latest acquisition is a retail park in Hertfordshire that it bought for a third of the price paid by its previous owners. The company said it's planning to transform it into an aspirational destination.
FashionNetwork.com visited the European offices of the US sportswear giant to find out about its plans for Europe, where, hit by the ‘yellow vest’ protests in France, it is concentrating on London and Milan.
Britain's competition watchdog on Tuesday said it has referred JD Sports Fashion's acquisition of smaller rival Footasylum to an in-depth investigation, as it believes the completed deal may stem market competition.