×
205
Fashion Jobs
H&M
Chemical Compliance Specialist Cosmetic Products
Permanent · Stockholm
H&M
3d Business Expert - Competence Lead to h&m Business Tech
Permanent · Stockholm
H&M
Product Owner For One of The Style Products Within Customer Engagement Area
Permanent · Stockholm
H&M
Buyer to h&m Home – Kids Section
Permanent · Stockholm
H&M
Product Owner to Global Connectivity, h&m Group
Permanent · Stockholm
H&M
Merchandise Manager
Permanent · Stockholm
H&M
Cross Delivery Coordinator to Sap Test Management, h&m Group
Permanent · Stockholm
H&M
Data Analyst to Allocation Precision Team to Business Tech
Permanent · Stockholm
H&M
Head of Expansion & New Business - h&m Beauty
Permanent · Stockholm
H&M
Data Analyst to h&m Business Tech - Payments Area
Permanent · Stockholm
H&M
HR-Specialist Within Labour Law
Permanent · Stockholm
H&M
Business Developer to The Laboratory
Permanent · Stockholm
H&M
Product Area Analyst For Customer Commerce Delivery @h&m Business Tech
Permanent · Stockholm
H&M
Packaging Solution Business Expert, h&m Group
Permanent · Stockholm
H&M
Product Owner to Sap Release & Delivery Management, h&m Group
Permanent · Stockholm
H&M
Area Operation Manager - Network, h&m Group
Permanent · Stockholm
H&M
Marketplace - Business Expert / Project Manager to External & New Sales Channel
Permanent · Stockholm
H&M
Business Expert / Compliance to Checkout at h&m
Permanent · Stockholm
H&M
Product Owner to Store Lifecycle
Permanent · Stockholm
H&M
Product Owner Within Cloud Platform
Permanent · Stockholm
H&M
Product Owner For Finance Automation to h&m Group
Permanent · Stockholm
H&M
Information Security Specialist
Permanent · Stockholm
Published
Jan 14, 2022
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

JD Sports executive chairman halves stake in group

Published
Jan 14, 2022

JD Sports Fashion shares fell this week, despite a strong trading update being released. And now we know the reason why — its executive chairman sold a huge chunk of shares.


JD Sports Fashion



When the leadership team sells a significant number of shares, it’s often seen a a sign of low confidence in the business. However, that’s unlikely to be the case here. Top executive Peter Cowgill is the man who has led the group to its current elevated position. He remains at the helm and is upbeat about its future prospects.

He sold 10 million shares, which was just over half his holding in the fast-growing retail group. Selling the shares at an average price of 213.22p each, brought in £21.3 million.

JD didn’t give any reason for the sale when it announced it had happened.

The deal leaves Cowgill with 9.7 million shares and a 0.19% stake in the company. The group’s shares are listed on the London Stock Exchange but Speedo and Berghaus owner Pentland Group holds a controlling 51% stake in the firm.

Copyright © 2022 FashionNetwork.com All rights reserved.