JD Sports news and archive

British brand Montirex launches in Spain through JD Sports

British sportswear brand Montirex has chosen Spain as a key market in its European expansion strategy. It is leveraging the international distribution network of JD Sports for its launch into a selection of key points of sale across the country. Founded in Liverpool in 2019 by Daniel Yuen and Kieran Riddell Austin, the brand has successfully...

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JD Sports remains cautious as Q2 sales dip

British sportswear retailer JD Sports has stated that organic sales improved for Q2 2025 in North America and Europe. Sales in the UK declined, affected by tough comparisons with the same quarter last year, when the company benefited from the Euro 2024 football tournament. In its Q2 statement for the 13 weeks to 2 August, JD Sports reported that...

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JD Sports hires Nike veteran as new non-exec director

JD Sports has named Bert Hoyt as a new non-executive director. Hoyt is a sportswear veteran who spent the most part of his career at Nike, joining in 1998 and working his way up to the position of vice president and general manager of Nike EMEA before retiring in January of this year. During his time at Nike, Hoyt was credited with transforming...

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JD Sports Fashion says sees higher FY adjusted pre-tax profit

London - British sports-fashion retail company, JD Sports Fashion Plc (JD.L), in its AGM trading update, said it believes it is on track to deliver adjusted profit before tax for the full year at an increased level of no less than 550 million pounds. The Group said its forecast reflects risk of further temporary store closures and the potential...

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JD Sports faces executive pay controversy

A backlash about excessive executive pay has ensued after JD Sports remunerated its chairman Peter Cowgill nearly 5 million pounds in a salary and bonuses, despite the company receiving 61 million pounds during the UK furlough scheme and a further estimated 38 million pounds in business rates relief. Glass Lewis, a shareholder advisory company,...

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Fashion

JD Sports is the official activewear partner for Love Island

British sportswear retailer JD Sports has announced a partnership with Love Island, becoming the official activewear provider for the seventh season. The sportswear brand has also launched a personalized section for fans to order caps, towels, face coverings, bags, and more. Peter Cowgill, JD Sports fashion executive chairman told Drapers: “Love...

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JD Sports to offload Sports Unlimited Retail for 16.5 million euros

British sportswear retailer JD Sports is to offload Sports Unlimited Retail to its 50.02 percent subsidiary based in Spain for 16.5 million euros. JD Sports said its subsidiary Iberian Sports Retail Group is more focused on the sporting goods sector than the core JD brand and therefore its management team will be better placed to drive growth...

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Business

JD Sports denies rumours that CEO Peter Cowgill is stepping down

British sportswear retailer JD Sports has denied media rumours that its CEO and executive chair Peter Cowgill is planning to exit the business. In a statement released Tuesday morning, the company said: “JD can confirm to both investors and to its international brand partners that the board is not engaged in a process to recruit a chief...

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JD Sports acquires British menswear retailer Oi Polloi

UK sportswear giant JD Sports is reportedly continuing its acquisition spree following news it has snapped up Manchester-based menswear boutique Oi Polloi. JD Sports bought the Northern Quarter store and online assets of the cult brand earlier this year - and chairman Peter Cowgill has become a company director, according to filings seen by The...

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Andy Rubin steps down from JD Sports board, successor announced

JD Sports has announced that Andy Rubin has stepped down from its board as a non-executive director. “I would like to thank Andy Rubin for his valuable contribution to the board over the last five years at JD, which has been a period of substantial growth of the group in geographic reach, turnover and profitability,” said JD Sports executive...

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JD Sports completes acquisition of DTLR

JD Sports has completed its 495 million dollar acquisition of US footwear label DTLR. “We are delighted that this transaction, which gives us an enhanced presence in the north and east of the United States, has now formally completed,” said JD Sports chairman Peter Cowgill in a statement. He continued: “We look forward to working with the...

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JD Sports boss says Brexit is worse than expected, eyes EU warehouse

The executive chairman of JD Sports says Brexit has been “considerably worse” than expected so far, and that the company is considering setting up a distribution centre in the EU to avoid new tariffs. Peter Cowgill told BBC Radio that new red-tape and delays related to shipping products to the EU since the UK left the block last month have...