Acquisition-hungry JD Sports Fashion has now moved into beauty. The UK-based sportswear giant has bought a stake in online hair & beauty brand Hairburst, which sells vitamins, shampoos and styling products.
In what looks to be a strong fit, retail giant JD Sports Fashion has made a multi-million-pound investment in UK performance wear/althleisure retailer Gym King, taking a “significant” minority stake in the firm.
An ambitious plan to transform Oxford Circus into pedestrian-friendly piazzas has been announced with an international design competition kicking off to decide just how the key shopping area will look for decades ahead.
JD sports has been on the acquisition trail again with news that it's bought menswear retailer Oi Polloi. It's also been reported that CEO Peter Cowgill could step back from day-to-day control of JD this year.
JD Sports continued its long run of powerful results reports on Tuesday. And the theme was ‘retention’ as it retained most of the sales and profits that would have happened in stores when it was trading online only.
Rakuten Inc’s shares jumped as much as 24% on Monday after the Japanese e-commerce firm said it would raise $2.2 billion through a stake sale to companies including Japan Post and Tencent as it takes on Amazon.