JD Sports shares slump after stockbroker downgrade August 12, 2024 Shares in JD Sports slumped more than four per cent on Monday morning after analysts at stockbroker Deutsche Numis questioned the retailer’s ability to generate cash. Analysts downgraded the stock from a ‘buy’ to a ‘sell’ and lowered the share price target from 115p to 110p. Deutchse’s forecast was 6.5 per cent below the fashion [...]
UK high street faces shareholder backlash over low pay July 2, 2024 UK high street shops like Sainsbury’s, Marks & Spencer and JD Sports are facing a shareholder backlash after failing to commit to pay all their staff and third-party contractors a real living wage. Big financial names backing a campaign against low pay include LGIM, HSBC Asset Management, Aviva, and Scottish Widows. In total, the institutions [...]
Pure Gym, Gym Group, Nuffield: Who owns Britain’s biggest gym chains? June 24, 2024 Following a forced shutdown during the pandemic, Brits have been heading back to the gym in droves helping many of the countries biggest chain to achieve bumper results over the past couple of years.
JD Sports: Can London’s retail success story keep making investors happy? May 31, 2024 By almost any measure, JD Sports is one of the most successful companies in the UK - but can it keep on making its investors happy?
JD Sports profit slips in ‘challenging and volatile’ market May 31, 2024 Investors were left surprised earlier in the week after the 'kings of trainers' said it would delay publication of its full-year results for two days, with no explanation given.
JD Sports: ‘King of Trainers’ delays full year results by two days May 28, 2024 JD Sports said it is delaying the publication of its full year results until Friday 31st May - two days later than initially planned.
Applied Nutrition flexes muscles with plans for £500m float May 20, 2024 Performance supplement manufacturer Applied Nutrition has stepped up its plans for a half-a-billion pound float on the London Stock Exchange by meeting over 25 City fund managers in recent weeks.
After its latest deal, could JD Sports be the next FTSE 100 company to move to the US? April 23, 2024 A decision by JD Sports to pick up an American listed retailer will increase North America’s share of group sales from approximately 32 per cent to approximately 40 per cent.
JD Sports picks up US retailer as stateside focus increases April 23, 2024 JD Sports has proposed to buy US-based sportswear retailer Hibbett for around $1.08bn (£880m), creating a business worth £4.7bn in North America.
Peter Cowgill: Former JD Sports boss set to take stake in Applied Nutrition April 14, 2024 The former boss of JD Sports is eyeing a stake in Applied Nutrition, the budding sports nutrition company which is eyeing a flotation on the London market.