JD Sports Fashion is turning its attention to esports, the booming international video games competition arena. The UK’s biggest athletic sportswear retailer has signed a commercial partnership deal with Excel Esports.
JD Sports Fashion has enjoyed strong sales since late summer with total revenues for the 22 weeks to January 1 up 10%. It also upgraded its profit forecast for the full year after the good trading in H2 so far.
Authentic Brands Group has inked a deal for Reebok to be sold via nearly 3,000 JD Sports stores worldwide, the latest step in the US group’s organisational overhaul of the sport brand before its purchase’s completion.
Missguided on Monday announced that Alteri Investors, the turnaround specialist that focuses on the European retail sector, has made “a significant investment” in the firm. The price of this investment wasn’t disclosed.
Hotter is a footwear brand that's riding the wave of older consumers switching to online shopping, as well as the comfort trend that's permeating the footwear market from the high-end to the mass-market.
It’s being billed as an “exciting new era of Thomas Pink”. Although there has been no official announcement, “English shirting from the heart of London for life in the 21st Century” is back as a pureplay digital store.