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The Latest Breaking News from JD Sports

JD Sports profits dip but ‘optimistic’ despite economic headwinds

Newly installed boss Régis Schultz looks for growth and international market share grab

Evening Standard

JD Sports ‘cautious’ over outlook amid inflation rise and strike threats

Despite 8% rise in sales over past six weeks, retailer worries that energy costs will dampen consumer spending

The Guardian - UK

Bury-based JD Sports announces pre-tax profits slump as inflation hits

'Whilst the overall performance continues to be encouraging and the result for the half year was at the upper end of the board’s expectations, it must also be recognised that the most material trading periods lie ahead'

Manchester Evening News

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JD Sports issues warning after profits cut by more than £50m

JD said the results are at the top end of its expectations

Birmingham Post

JD Sports warning as pre-tax profits tumble by more than £50m

Sportswear giant says inflation and economic uncertainty could affect trading in second half of year

Wales Online

JD Sports to pay former boss Peter Cowgill £5.5m golden goodbye

Deal prevents Cowgill, who will also receive year’s salary and potential bonus, from setting up rival retailer

The Guardian - UK

JD Sports hands former top boss £5.5m after sudden resignation

Mr Cowgill had led the Bury-headquartered group since 2004

Manchester Evening News

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JD Sports to pay ousted chairman £7m as it praises “incredible” success story

JD Sports today agreed a near £7 million pay-off deal with ousted executive chairman Peter Cowgill, who turned the sports shoe business from an also-ran into a FTSE 100 giant.

Evening Standard

JD Sports agrees £5.5m exit deal with former boss Peter Cowgill

Mr Cowgill had led the Greater Manchester-headquartered group since 2004

Birmingham Post

Profits expected to dip at JD Sports as investors seek reasons to be optimistic

The retail giant is set to published its half-year results on Thursday, September 21

Birmingham Post

Liz Truss’s energy price freeze could soften UK recession, say economists

UK retailers and pubs rise on FTSE after outline emerges of new prime minister’s plan to tackle rising bills

The Guardian - UK

400 jobs at JD Sports, GUESS, Tessuti, MAC and more going at Liverpool ONE

The jobs will all be on show early next month, with applications being accepted in-store

Liverpool Echo

Manchester creative firm for John Lewis, JD Sports and Next makes two new hires

The new appointments bolster the tech and innovation team

Birmingham Post

JD Sports worker admits to adding 'few pence' to refunds to not look 'dodgy' - he got away with £28k

Siraj Mahmood, 26, publicly apologised to his former employer saying it's been a 'big learning curve'

Manchester Evening News

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Glasgow Live

Glasgow Airport welcomes new JD Sports store to retail offering for holidaymakers

The new airport store will offer holidaymakers the chance to splash the cash on clothing, trainers and accessories from the biggest brands before they jet off.

Wales Online

Kitten stuffed into JD Sports Bag and thrown into bushes as RSPCA seek cruel owner

Despite the best efforts of vets, 'the poor little mite' had to be put down

Birmingham Post

JD Sports loses millions as it completes Footasylum sale to German group

JD Sports bought Footasylum for £90m but has now sold it for less than £40m

Daily Mirror

Save 50% on these Nike Air Max kids' trainers at JD Sports when using in app code

If your kid needs new footwear, you can't go wrong with these Kids' Nike Air Max Dawn trainers, and the good news is you can save over 50% when purchasing from the JD Sports app

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Manchester Evening News

Former Trafford Centre store to be transformed into largest ever JD Sports

An opening date has not yet been announced for the new store

Birmingham Post

JD Sports to open its largest global store in Manchester's Trafford Centre

JD Sports announced a new CEO earlier today

Manchester Evening News

JD Sports goes global to hire new chief executive to replace long-time boss

Former boss Peter Cowgill quit suddenly in May

Birmingham Post

Former B&Q boss named new JD Sports chief executive

The new CEO will join from Al-Futtaim Group, the Dubai-based conglomerate

Manchester Evening News

Bury's JD Sports sells Footasylum to German giant for £37.5m after competitions watchdog fine

JD Sports said it has 'cooperated with the CMA throughout the divestment process'

Evening Standard

JD Sports sells Footasylum for £37.5 million after watchdog probe

Retailer bought the chain in 2019 for £90 million

The Guardian - UK

JD Sports agrees £38m sale of Footasylum after UK watchdog ruling

Deal with German asset management firm Aurelius Group follows CMA concerns

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