JD Sports bemoans ‘tough trading’ as US sales slip Retail JD Sports has seen revenue and profit slip so far this year, as weak consumer confidence in its key US market drives a “tough trading environment”. Régis Schultz, chief executive of the so-called ‘King of Trainers’, said on Wednesday that he is “encouraged” by the progress towards his growth plan while admitting that cost-of-living pressures [...]
JD Sports launches in Mexico amid North American slowdown Retail JD Sports has announced plans to open more than 140 shops in Mexico, as the ‘King of Trainers’ battles to halt falling sales and move on from a recent boardroom bust-up. The FTSE 100 retailer said it has reached an agreement with Axo, a Mexico-based retail distributor, to operate its stores in the country. JD [...]
JD Sports shares crater after ‘King of Trainers’ warns on profit Retail JD Sports has slashed its profit target as the growth plan led by chief executive Régis Schultz loses steam, sending its share price into a tailspin. The sports and fashion retailer saw sales performance improve in the UK, but a slowdown in the US and intense discounting by rivals is dragging on the firm’s profit, [...]
Mike Ashley: I was behind Peter Cowgill’s JD Sports downfall May 10, 2026 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 [...]
JD Sports warns of ‘muted growth’ amid weak consumer spending May 7, 2026 JD Sports has seen profit fall as the sportswear retailer warned it is preparing for a period of “muted” growth amid weak consumer spending and potential Iran war cost pressures. Pre-tax profit at the FTSE 100 firm fell by 12 per cent to £629m in the year to January, even as sales rose by 12 [...]
JD Sports boss quit after failed coup attempt April 24, 2026 The chair of JD Sports quit earlier this week because he failed to convince its board to eject its chief executive, it has been revealed. Andy Higginson quit as chair of the FTSE 100 sportswear retailer on Wednesday, with his tenure set to complete after the firm’s annual meeting in July. He said he was [...]
Meet the best friends behind fast-growing Castore rival Montirex May 2, 2025 Montirex, a sportswear brand founded by two best friends, has predicted another huge jump in its sales and profit this year as it seeks to take on rival Castore. The Liverpool-headquartered business has revealed it is eyeing a turnover of around £130m for 2025, up from the £76.7m it achieved last year and £33.4m in [...]
Puma to move UK head office from London to Manchester May 1, 2025 Puma is to relocate its UK head office from London to Manchester after signing up to take space in a new £87m building. The global sportswear brand is to take 20,000 sq ft at 3 Circle Square in the city centre, which is due to open this summer. The head office will become home to [...]
Exclusive: Macron to announce Gloucester Rugby deal as UK revenues soar April 29, 2025 Italian sportswear brand Macron will today add Gloucester Rugby to their growing English sports kit portfolio as part of a long-term agreement, City AM can reveal. Gloucester, whose deal with Oxen ends this season, will join Premiership Rugby champions Northampton Saints and Sale Sharks under the Macron umbrella, alongside World Rugby and Uefa refereeing agreements. [...]