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.
Authentic Brands Group has inked a deal for Reebok to be sold via nearly 3,000 JD Sports stores worldwide, the latest step in the US group’s organisational overhaul of the sport brand before its purchase’s completion.
The denim label has unveiled its first virtual store, which allows consumers to visit and shop its European flagship from their own home, while also exploring the brand’s For A World That Works sustainability platform.
UK shoppers plan to spend £8.4 billion on buying Christmas gifts from independent retailers, some £2 billion more that a year ago, new research from Direct Line business insurance shows. That's 28% of their budget.
Major London landlord Great Portland Estates has unveiled one of the latest fashion and retail-focused London developments and added an interesting and unique element to the still-recovering West End.
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.