All the updated news related to peter cowgill

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City

JD Sports offloads Footasylum for £37.5m

Retailer JD Sports Fashion has agreed a deal to sell Footasylum for £37.5 million after being ordered to offload the footwear firm by the UK’s competition watchdog. The sportswear group – which owns Tessuti and Go Outdoors – will sell Footasylum to ...

01 Aug 2022 at 12:04

City

JD Sports posts record profits but warns economic woes will hold back growth

Scandal-hit retailer JD Sports Fashion has unveiled a record £947.2 million annual profit haul, but warned that earnings will remain flat in the current financial year amid the cost-of-living crisis. The group, whose long-term boss, Peter Cowgill, ...

22 Jun 2022 at 12:08

City

JD Sports to pay £5.5m to departed boss Peter Cowgill

JD Sports has agreed to pay £5.5 million to former boss Peter Cowgill after he stepped down from the sportswear giant in May. The long-serving executive chairman announced his departure after the retailer was slapped with a £4.3 million fine for ...

21 Sept 2022 at 10:59

City

JD Sports pledges governance overhaul in wake of Cowgill’s departure

Retailer JD Sports Fashion has unveiled plans to overhaul its corporate governance and internal controls as it looks to “draw a line in the sand” after the departure of its long-term boss and a string of competition probes. The sportswear group ...

22 Jun 2022 at 12:28

City

JD Sports to sell Footaslyum in cut-price £37.5m deal after CMA ruling

JD Sports has agreed to sell Footaslyum for £37.5 million and incur a hefty loss after being ordered to offload the high street footwear firm by the UK competition watchdog. It represents a more than £50 million loss for the retail group after ...

01 Aug 2022 at 13:02

City

JD Sports boss Cowgill steps down after 18 years in charge

The long-term boss of JD Sports whose company was recently fined for sharing commercially sensitive information has stepped down. Peter Cowgill resigned from his position as executive chairman after 18 years in the role, the company said on ...

25 May 2022 at 18:21

Popular sportswear company set to match record profits as sales growth continues

Business

JD Sports has said it expects another year of record profits after sales continued to grow last month despite pressure on customers’ finances. The high street chain told shareholders before its annual general meeting on Friday that ...

22 Jul 2022 at 13:33

City

Ex-Morrisons chairman joins JD Sports after Cowgill exit

JD Sports has hired former Morrisons boss Andrew Higginson to take over from Peter Cowgill as its new chairman. Mr Cowgill stepped down in May after 18 years as the sportswear retailer’s executive chairman. His resignation came ...

08 Jul 2022 at 09:07

City

High street rivals JD Sports and Frasers sign £50m deal

Two high street rivals, JD Sports and the company behind Sports Direct, have struck a multi-million pound deal as Mike Ashley’s Frasers Group said it would buy 15 brands from its competitor. Frasers said that it had agreed to ...

16 Dec 2022 at 16:57

City

JD Sports set to match record profits as sales growth continues

22 Jul 2022 at 11:10

City

Retailer Quiz to ‘run out of cash’ in early 2025 after poor Christmas trading

Clothes seller Quiz has warned it will run out of cash in early 2025 unless it gets more funding. The struggling retailer said sales had been “disappointing” in the Christmas trading period and that its cash reserves ...

27 Dec 2024 at 16:11

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