If anyone was in any doubt about the ongoing strength of the athleisure trend, then JD Sports’ decisions to double the size of its already-large store in the Bluewater mall in Kent should cure them of that.
The Very brand boosted Shop Direct in its latest year with sales and customer numbers rising. But while operating profit is rising too, one-off items kept it lossmaking, although it's upbeat for the future.
Sports Direct said on Monday that any suggestion that it wants to block the potential sale of Debenhams' Magasin du Nord was “irresponsible and incorrect” as it denied claims that it wants the chain to collapse.
Mike Ashley, the founder and majority owner of sportswear retailer Sports Direct , said he had been "stabbed in the back" by shareholders, warning that future engagement with them would be "extremely challenging".
Walmart’s Jet.com said on Thursday it will sell Nike Inc products and offer more delivery options, beginning in New York City, in a bid to sharpen its aim for affluent consumers and better compete with e-commerce rivals.
The VF-owned youth brand announced on Wednesday that it plans to reach $5 billion in revenue by fiscal 2023, a $2 billion increase that Vans is hoping to drive with strong growth in its direct-to-consumer business.