Mike Ashley: I was behind Peter Cowgill’s JD Sports downfall Retail Billionaire businessman Mike Ashley has admitted he masterminded the infamous car park footage leak that brought down his arch rival, JD Sports’ boss Peter Cowgill. Cowgill, who was executive chairman of JD Sports, quit the sportswear retailer in 2022 after being fined by the competition watchdog over a car park rendezvous with the boss of [...]
Will JD Sports be able to shrug off problems at Nike? Business Despite a strong set of results, with record revenue and a pick-up in sales, shares in JD Sports fell around five per cent this morning. After a tough year, which included a profit warning in January and £2bn wiped off its market cap, JD reported like-for-like sales growth in the first half of the year [...]