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Evening Standard
Evening Standard
Business
Mark Banham and Simon English

JD Sports highlights “regulatory issues” under ousted chair Peter Cowgill

Retailer JD Sports, sporting goods firm Elite Sports and Rangers Football Club have been found provisionally by the UK competition watchdog to have conspired to illegally fix prices of Rangers club clothing merchandise (PA)

(Picture: PA Wire)

JD SPORTS today issued a scathing assessment of how the business was run under former executive chairman Peter Cowgill, who was ousted last month after two decades of building one of the most successful retailers in Britain.

Investors had become increasingly concerned about the power Cowgill wielded, although they enjoyed a stunning surge in the shares under his tenure that took the business from an also-ran into a FTSE 100 company worth nearly £6 billion.

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