×
100 352
Fashion Jobs
BLOOMINGDALE'S
Registry Consultant, Bergen County - Full Time
Permanent · Hackensack
BLOOMINGDALE'S
Asset Protection Detective, Full Time: Short Hills
Permanent · Millburn
ULTA BEAUTY, INC.
Retail Sales Manager
Permanent · Beavercreek
ULTA BEAUTY, INC.
Retail Operations Manager
Permanent · Meridian charter Township
ULTA BEAUTY, INC.
co - Sales Manager
Permanent · Henderson
L'OREAL GROUP
Account Executive - Skinceuticals (North Alabama)
Permanent · Birmingham
L'OREAL GROUP
Manager/Associate Principle Engineer-Packaging
Permanent · Clark
L'OREAL GROUP
Manager Data Quality
Permanent · Clark
L'OREAL GROUP
Finance Analyst (Retail Store Operations)
Permanent · Saint Petersburg
L'OREAL GROUP
Manager, PR & Influencer - Essie Global Marketing
Permanent · New York
SALLY BEAUTY CORPORATE
District Manager
Permanent · Syracuse
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · Elizabethtown
KOHLS
Full-Time Loss Prevention Officer
Permanent · Cerritos
KOHLS
Full-Time Loss Prevention Officer
Permanent · Cherry Hill
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · Highland
MACY'S
Asset Protection Detective, Mall at Prince Georges - Full Time
Permanent · Hyattsville
MACY'S
Manager, Recruitment Operations
Permanent · Tampa
L BRANDS
Lead Asset Protection Officer - Broad st , 2nd Shift (3pm-11pm)
Permanent · Reynoldsburg
H&M
Digital Product Owner
Permanent · Secaucus
BLOOMINGDALE'S
Registry Consultant, Roosevelt Field - Part Time
Permanent · Garden City
BLOOMINGDALE'S
Registry Consultant, North Michigan - Full Time
Permanent · Chicago
BLOOMINGDALE'S
Trade Area Asset Protection Manager, Northern California
Permanent · San Jose
By
Reuters
Published
Apr 17, 2013
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

JD Sports year profit falls on Blacks loss

By
Reuters
Published
Apr 17, 2013

LONDON - British retailer JD Sport Fashion posted a 20 percent fall in full-year profit as operating losses from its Blacks Leisure acquisition weighed on the group.

JD, which sells clothing and footwear from brands including Nike and Adidas, on Wednesday said profit before tax and exceptional items for the year fell to 60.5 million pounds ($92.5 million) in the 53 weeks to February 2, in line with analyst forecasts.

Last year the firm paid 20 million pounds to bring outdoor clothing retailer Blacks Leisure out of administration and has been busy pulling the business into shape since.

JD said its outdoor stores posted an operating loss of 14.9 million pounds during the year, but a new management team had started to improve the unit's performance.

British retailers have been battling inflation, subdued wages growth and government austerity measures leading to tightened household budgets.

The company's core sports stores delivered like-for-like growth of 2.5 percent during the year and was up 1.9 percent in the 9 weeks to April 6, it said.

Group revenue rose 18.8 percent to 1.26 billion pounds.

"Whilst the board recognises that recent acquisition activity has impacted on short-term returns, it remains confident that the group is well positioned to deliver earnings growth and increased shareholder returns over the longer term," said executive chairman Peter Cowgill.

The company paid increased the total dividend by 4 percent to 26.30 pence a share.

Shares in the FTSE 250 listed group, which have fallen 7 percent in the last month, closed at 742 pence on Tuesday, valuing the business at 348 million pounds.

© Thomson Reuters 2021 All rights reserved.