The U.S., Britain and other large, rich nations reached a landmark deal on Saturday to squeeze more money out of multinational companies and reduce their incentive to shift profits to low-tax offshore havens.
JD sports has been on the acquisition trail again with news that it's bought menswear retailer Oi Polloi. It's also been reported that CEO Peter Cowgill could step back from day-to-day control of JD this year.
A busy weekend of action at the virtual Paris Fashion Week, where most of the online videos were shot thousands of miles away from the French capital. We look at five of the most notable houses over this past 48 hours.
JD Sports said Wednesday it plans to sell about 6% of its shares to build a warchest as the biggest sportswear retailer in the UK seeks further acquisitions. Its current market capitalisation is around £7.95 billion
JD Sports hasn’t stopped looking for acquisitions and on Monday it said that it has reached a conditional agreement to buy US-based DTLR Villa, the “hyperlocal athletic footwear and apparel streetwear retailer”.