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- Shares in JD Sports have plummeted by more than 20% after the sportswear seller issued an profit warning. The company said its profits would be about £125m lower than previously predicted after a worse-than-expected festive trading period.
www.bbc.co.uk/news/articles/c842301ldlmo
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BIRMINGHAM, Ala., April 23, 2024 -- (BUSINESS WIRE)--Hibbett, Inc. ("Hibbett") (Nasdaq:HIBB), an athletic-inspired fashion retailer, today announced a definitive agreement in which JD Sports...
Apr 23, 2024 · JD Sports says it has entered a binding agreement to fully acquire Hibbett for $87.5 (€82) per share in cash, offering a 21% premium over the US company's Monday price and valuing it at...
Jan 4, 2024 · Nearly 2 billion pounds was wiped off JD Sports Fashion's market value on Thursday, after the British sportswear giant warned on annual profit, citing tepid consumer spending that bruised peak...
- Eva Mathews
Apr 23, 2024 · JD Sports’ announcement on Tuesday that it plans to acquire Hibbett in a deal valued at $1.1 billion could spark the latest power shift in the American athletic retail landscape.
Feb 14, 2022 · Sportswear retailers JD Sports and Footasylum have been fined almost £4.7m after breaching the rules around an attempted merger last year. The deal, which was later blocked, was put under...
Sep 2, 2021 · In its 2021 annual report, JD Sports reported an increase in sales to £6.2bn, up from £6.1bn in 2020, although profits were dented by store closures during lockdowns. The competition watchdog...
Jan 4, 2024 · The rare warning from JD Sports comes weeks after Nike, the world’s largest sportswear manufacturer, announced plans to cut $2bn in costs over the next three years due to softening consumer...
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