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The Latest Breaking News from Footasylum

JD Sports sells Footasylum to German group for almost £40m

JD Sports first agreed to buy Footasylum in March 2019 for £90m

Birmingham Post

JD Sports 'in exclusive talks' to sell Footasylum to private equity group

JD Sports had originally agreed to buy Footasylum in a £90m deal in March 2019

Birmingham Post

Athleisure Retailer JD Sports Undergoes Corporate Governance Rejig As Planned

JD Sports Fashion PLC (OTC:JDSPY) appointed Helen Ashton as the interim Non-Executive Chair and Kath Smith, senior independent director, as interim CEO as Peter Cowgill departed on May 25. The athleisure retailer previously disclosed corporate governance rejig involving the split the role of CEO and Chair and conducting a search for CEO and…

Benzinga

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JD Sports buys group founded by former Liverpool Olympic swimmer Steve Parry

The company was also co-founded by fellow Olympians Rebecca Adlington and Adrian Turner

Liverpool Echo

Scandal-hit JD Sports warns economic crisis will hit growth after profits surge towards £1bn

JD Sports has been criticised twice by an industry watchdog this year

Manchester Evening News

JD Sports reveals £15m deal to buy group founded by former Olympic swimmers Steve Parry, Rebecca Adlington and Adrian Turner

The group has also published its latest financial results

Birmingham Post

JD’s trainer king, Peter Cowgill, loses his crown – leaving big shoes to fill

A string of missteps saw the chief executive leave the company he built into a global brand. But one rival may be celebrating …

The Guardian - UK

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JD Sports boss Peter Cowgill quits as executive chairman with immediate effect

A former CFO of ASOS will become interim non-executive chair

Birmingham Post

JD Sports boss Peter Cowgill quits with immediate effect

Outspoken leader thought to have resisted board’s attempts to split the roles of chair and chief executive

The Guardian - UK

JD Sports boss quits after £4.3 million CMA fine

The Executive Chairman of JD Sports has quit the company after it was fined £4.3 million by the Competition and Markets Authority (CMA).

Evening Standard

JD Sports profits rise to at least £900m as full-year results delayed

The retail giant was recently fined by the CMA

Birmingham Post

JD Sports and Footasylum fined almost £5 million over ‘black hole’ car park meeting

JD Sports denies deliberately deleting phone records relating to the meeting

Evening Standard

JD Sports and Footasylum fined almost £5m for breaching CMA order

Breach included sharing of commercially sensitive information concerning blocked merger

The Guardian - UK

JD Sports and Footasylum fined almost £5m over breaching merger rules

The competition watchdog also accused the firms of deleting records related to meetings between the firms but JD fiercely refuted the claim.

The Independent UK

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Wales Online

JD Sports and Footasylum fined almost £5 million for breaching rules

"There is a black hole when it comes to the meetings held between Footasylum and JD Sports."

Birmingham Post

JD Sports and Footasylum fined almost £5m for breaking CMA order

JD Sports has previously been order to sell Footasylum over competition concerns

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