JD Williams’ claim against Allianz Insurance over PPI damages has hit problems. The insurance company has now pushed back against the N Brown-owned retailer, increasing its original claim by up to £36 million.
Bonuses paid out to JD Sports Fashion executive chairman Peter Cowegill have come under fire with advisory firm Glass Lewis recommending shareholders vote against the firm's “inappropriate” pay policy.
JD Sports Fashion is selling Dutch business Sports Unlimited Retail to Iberian Sports Retail Group. But that’s less of a change that it might at first appear given that the Iberian business is also majority owned by JD.
Fashion e-tailer N Brown has delivered full-year results for the period to the end of February and it's no surprise that they were weaker than the previous financial year. But the company seemed upbeat for the future.