Hints and tips:
Related Special Reports
...of £1.04bn....
...JD Sports said profits for its full year ending February 3 would be between £915mn and £935mn, down from its previous forecast of £1.04bn....
...to £3bn to open as many as 1,750 stores worldwide....
...Marston’s sales climbed 8.1 per cent in the 16 weeks to January 20, while premium operator Young & Co’s Brewery said managed sales rose 4.7 per cent in the 13 weeks to January 1....
...But you might have missed one unexpected sales host: Richard Liu, founder of Chinese online retailer JD.com....
...Asia’s major stock markets declined on Wednesday, except in Hong Kong as the city’s benchmark Hang Seng index added 1.9 per cent during the morning session....
...Earlier this year he was sued by a leasing company, which alleged he failed to pay about $1.3mn in charges for a private jet. JDS has described the lawsuit as meritless....
...JD.com added 5.9 per cent and food delivery group Meituan jumped 5.6 per cent. Japan’s Topix slid 2.2 per cent....
...Australia’s S&P/ASX 200 edged up 0.1 per cent....
...Say what you will, but they’re committed to open borders,” JD Vance, the Ohio senator close to Trump, wrote on X before the deal was reached....
...Anglo American: Shares fell 1.79 per cent after the mining group’s subsidiary Anglo American Platinum announced plans to cut 3,700 jobs, almost a fifth of its headcount....
...Full-year revenues were up 10.6 per cent year on year to £1.9bn....
...Shares in JD Sports fell by as much as a quarter last week after it said sales for the coming year would be lower than expected, and flagged weak Christmas trading....
...Total US revenues were up nearly 56 per cent between January 1 and March 17. At the end of 2023, its share of the sports betting market stood at 53.4 per cent. Of course, much can still change....
...Régis Schultz, who replaced Peter Cowgill as chief executive in September, recently said he would spend nearly £3bn opening 1,750 stores over the next five years....
...Plus, an interview with Gerry Cardinale: Having just struck a £1.15bn deal to buy All3Media, the RedBird Capital dealmaker is seeking approval to complete a takeover of The Daily Telegraph newspaper....
...Retail is a theme this week, with figures also due (in no particular order) from JD Sports, Kingfisher, Walgreens Boots Alliance, Asos and Ocado....
...The move comes after Schultz set out ambitious expansion plans in February, including opening around 1,750 new stores over the next five years....
...Big share price moves in Europe today include British leisurewear retailer JD Sports, UK fashion chain Next, and UK-based maker of kettle safety controls Strix: JD Sports: Shares in the sportswear group...
...He recently said he would spend nearly £3bn to open 1,750 stores over the next five years....
...AJ Bell, an investment platform, says its top 10 UK equity funds and trusts registered a 14 per cent increase in flows from January 1 to February 14....
...The 2023 New Year honours list recognises 1,227 individuals in total. Additional reporting by Samuel Agini and Oliver Barnes...
...Full-year revenues were up 10.6 per cent year-on-year to £1.9bn....
...Fever-Tree’s market capitalisation of £1.24bn is 72 per cent below its 2018 peak when shares changed for more than 70-times forecast earnings....
...Five more top stories 1. JPMorgan Chase chief executive Jamie Dimon has warned that US inflation and interest rates could remain higher than markets expect because of high government spending....
International Edition