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JD Sports warns profit will be at lower end of range after ‘volatile’ October
The retailer warns of lower profits as October sales slip amid discounting and consumer caution, but expansion plans fuel long-term growth hopes.
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Puma maintains FY24 outlook as Q3 sales rise in all regions
The Puma group continues to expect a mid-single-digit (ca) annual sales increase and an FY24 Ebit range of €620 to €670 million, flat to up 7.8 percent for the period.
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The world’s biggest sports retailers
Our annual analysis of the world’s largest sports retailers presents the revenue of the top international sports retailers and ranks their growth year-on-year.
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Courir is planning to sell 15 French stores to Snipes
Teaser: Courir currently operates about 260 stores in France, against 34 Snipes stores across the country.
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Sprinter sees calm and growth after the storm
Sprinter is settling into life under JD and alone.
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SGI Europe Executive Edition: Vol 35 - 40+41
Nike’s FY25 gets off on the wrong foot, with Hill ready to lead the climb back | Global sports equipment contracts by 7.2% in 2023 | New Danish running shoe brand to premiere in April 2025 | New CEO for Sport 2000 Austria | Intersport Spain is raising €8 million in capital | JD Sports interims beat forecasts but Nike woes worry investors | ISPO collaborates with CIFF to put focus on sports fashion | Brooks has opened on a new Asian market | Sport 2000 introduces multi-category concept in Europe | Intersport flagship stores to open in three German cities | Elevate Outdoor Collective promotes COO to CEO | Frisk’s Reju opens its first textile regeneration center | Jürgen Klopp returns to leadership position as Red Bull’s Global Head of Soccer | German leather goods industry suffers steep sales drop | Meta introduces Orion augmented reality glasses | Atomic publishes new Impact Statement | Former NBA champion launches own performance brand | Softer consumer sentiment continues to hamper KMD Brands | Intersport Austria reports stable performance | Vail Resorts lays off 14% of corporate staff following quarterly report | Gymshark expands outside Great Britain
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JD Sports interims beat forecasts but Nike woes worry investors
JD Sports posts a better-than-expected profit increase, maintaining growth plans despite volatile conditions and Nike’s revenue decline.
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SGI Europe Executive Edition: Vol 35 - 38+39
Nike has a new CEO | Analysis: The top sporting goods industry performers by sales and profit in Q2 2024 | Global sports apparel decelerated in 2023 for third consecutive year | Frasers aims to become the largest sports retailer in Benelux | Footway has sold Footway+ and halves its net debt | EU court upholds big Google fine | PSG and Snipes announce partnership | Intersport in partnership with EA Sports FC 25 for the first time | Olympic hype drives growth in Chinese sporting goods | B Corp certification secured for Bollé Brands | Private Sport Shop receives B Corp label | The footwear production in Italy continues to decline | Golden Goose H1 sales up by 12% driven by DTC | Rockport is sued by Skechers for alleged patent infringement | Manchester United posts loss amidst record revenues | Adidas opens two flagship stores in upcoming American Olympic city | LIV Golf announces five new team General Managers | Riddell faces patent suit over helmet technology
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JD Sports announces changes in key committees
JD Sports confirms leadership transitions, including a new Remuneration Committee Chair.
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JD Sports appoints Prama Bhatt to board role
The British sportswear retailer JD Sports appoints Bhatt as a non-executive director, leveraging her expertise in digital retail to strengthen its US business strategy.