David Sussman founded JD Sports Group in 1981 in England. By 1996, the company was established enough to float its shares on London Stock Exchange where it trades under the symbol JD. JD operates in the retail industry, where it sells branded sportswear, equipment, and outdoor clothing. The company categorizes its operations into two segments, the Outdoor and Sports Fashion. The sportswear focuses on a broad selection of sports, including rugby and soccer. In addition, JD runs getthelabel.com, an online business catalog platform. Presently, JD has 2,400 stores spread across Europe, South East Asia, Asia Pacific, the United Kingdom, the Middle East, and Australia. The company entered the US through by acquiring The Finish Line Inc. Pentland Group Plc is the controlling organization for JD Sports Group with a 58% stake. Other shareholders in the company include Aberforth Partners, Peter Cowgill, and Fidelity Management, among other minor shareholders. JD has its headquarters in Bury, the United Kingdom.
JD Sports Fashion PLC LON:JD
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About JD Sports Fashion PLC
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JD Sports (LON: JD) reported an increase in profits on Tuesday but warned that customer traffic was still weighed in European malls due to COVID-19. The retailer also announced to have suspended its final dividend as it estimated a significant hit to its full-year financial performance in 2021 due to the ongoing health crisis. JD recently expressed plans of appointing administrators for its Go Outdoors brand. Shares of the company opened more tha...
JD Sports Fashion (LON: JD) said on Monday that it is exploring multiple options for its struggling brand, Go Outdoors. Specialising in cycling, fishing, and camping gear, Go Outdoors came under JD’s umbrella in 2016. Owing to the sharply expanding loss in this business, however, JD announced to have started legal proceedings to appoint administrators for Go Outdoors on Monday. Shares of the company were reported 2% down in premarket trading on M...
The FTSE 100 looks set to open higher this Wednesday, building on the previous session’s gains, and advancing despite mixed leads from the US and Asia. In company developments, National Grid (LON:NG) is likely to get some attention today as it called for a review of back-up power capacity. FTSE 100 seen higher IG’s opening calls suggest that the Footsie is likely to open 0.34 percent higher at 7,293 points. In the US, shares were little changed l...
The FTSE 100 has been little changed in London this Tuesday, pressured by downbeat data out of China. In individual movers, JD Sports (LON:JD) is rallying on the back of a strong set of half-year results. FTSE 100 little changed As of 12:35 BST, the blue-chip index had added 2.78 points to stand 0.04 percent lower at 7,238.59. Sentiment has been subdued in today’s session after disappointing factory data out of China, the world’s bigg...
The FTSE 100 is expected to open little moved from yesterday’s close, with investors eyeing the US-China trade talks at the upcoming G20 summit. In Footsie company news, Vodafone (LON:VOD) is expected to secure EU approval for its Liberty deal. FTSE 100 seen little changed IG’s opening calls suggest that the Footsie will start Thursday’s trading 0.06 percent higher at 7,421 points. In the US, shares fell last night, with investors staying on the...
JD Sports shines on the back of stellar earnings
JD Sports Fashion PLC provided more reasons for its investors to be cheerful on Friday as the group upgraded its guidance for the full year on the back of a jump in sales over the Christmas period
The Footsie closed in positive territory yesterday after a volatile session, finding support in precious metals miners