JD Sports in exclusive talks with Debenhams over takeover
JD Sports reported to be in further discussions over a Debenhams acquisition. Executive chairman Peter Cowgill is believed to have his eye on Debenhams' website. News comes after Mike Ashley withdrew from list of bidders to acquire Debenhams.
Nike to increase dividend by 12% ahead of sales growth forecast
Nike has revealed it plans a double-digit increase in its quarterly dividend as it forecasts a sales bounce due to the (...)
Lululemon announces first female CFO
Lululemon has promoted its interim co-chief financial officer Meghan Frank to chief financial officer on a permanent basis (...)
Halfords recruiting 1100 temporary jobs for Christmas
Halfords launches recruitment drive to meet rising demand for cycling. The bicycle and car part specialist looks to add 1,100 temporary staff for the festive period.
Sports Direct launches first ever Christmas advert
Sports Direct has unveiled its first ever Christmas advert, which showcases the Mike Ashley-owned retailer's new (...)
JD Sports granted data room access for Debenhams deal
JD Sports is still in the running for Debenhams. The retailer has reportedly gained access to "secure data room" in order to examine a bid. News comes days after Mike Ashley withdrew from the running after claims of being "excluded" from sales process.
Tribunal overturns CMA ban on JD Sports’ £90m Footasylum takeover
The CMA's decision to block JD Sport's £90 million takeover of Footasylum has been overturned by the (...)
Frasers Group confirms closure of English stores & M&S shuts clothing & home areas
Frasers Group has confirmed it will not open any stores in England while M&S has been forced to shut off half of its (...)
Sweaty Betty seeks investor to value company at £250m
Sweaty Betty is reportedly seeking further investment to benefit from the ongoing demand for athleisure during the Covid-19 pandemic.
Frasers Group to open “game changing” new store in Portsmouth
Frasers Group opens first multi-brand store in Portsmouth. Launch comes one day after Flannels announces ambitious 17 store expansion plan.