×
1 259
Fashion Jobs
VANS
Account Coordinator - French Speaking - Vans
Permanent · NOTTINGHAM
ESTÉE LAUDER
Tom Ford - Business Manager - Selfridges, Birmingham - 37.5 Hours - Full Time, Permanent
Permanent · Birmingham
ESTÉE LAUDER
Marketing Executive, Tom Ford Beauty, Kilian, Darphin And le Labo - Travel Retail Emea (Based London)
Permanent · London
ESTÉE LAUDER
Corporate Account Executive, Lagardere, Dfs, Inflight And Aquatic - Travel Retail Emea (Based London)
Permanent · London
ALEXANDER MCQUEEN
Collection Coordinator Assistant
Permanent · LONDON
ESTÉE LAUDER
Clinique - Consultant - Boots, Oxford - 24 Hours - Part Time, Permanent
Permanent · Oxford
ESTÉE LAUDER
Clinique - Consultant - Boots, Sedley Place London - 37.5 Hours - Full Time, Permanent
Permanent · London
PAUL SMITH
Office Administrator
Permanent · NOTTINGHAM
FRASERS GROUP
Trainee Commercial Manager
Permanent · SHIREBROOK
FOREO
Key Account Manager
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - John Lewis Edinburgh - 26 Hours - Part Time, Permanent
Permanent · Edinburgh
BEARA BEARA
Marketing Executive (Taiwanese)
Permanent · LONDON
BRANDLAB 360 - HULA
Hula by Barbara Hulanicki – Wholesale Sales Manager
Permanent · LONDON
HOMEGOODS
Loss Prevention Detective
Permanent · Countryside
TK MAXX
10933-Loss Prevention Officer Sth Ruislip
Permanent · Ruislip
TK MAXX
10933-Loss Prevention Officer Haringey
Permanent · London
ESTÉE LAUDER
Aveda Haircare Category & Marketing Planning Manager
Permanent · London
ESTÉE LAUDER
Mac - Area Sales And Education Manager - London - Maternity Cover
Permanent · London
RALPH LAUREN
Operations Manager - Gretna
Permanent · Gretna
LUXURY RECRUIT
Head of Digital - Luxury
Permanent · LONDON
LUXURY RECRUIT
Brand Director - Luxury
Permanent · LONDON
LEVI'S
Mobile App Trading & Operations Manager
Permanent · London
Published
Apr 17, 2018
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

JD Sports upbeat as latest year proves strong

Published
Apr 17, 2018

The phenomenally successful JD Sports chain has always been one to watch and since we learned about its takeover of US-based Finish Line it has found a place on the watchlists of many in the US as well as in Europe and Asia.


JD Sports is going from strength to strength - DR



That made its results announcement on Tuesday morning all the more interesting and the company certainly had a bright story to tell about the 53 weeks to February 3.

Its pre-tax, pre-exceptionals profit surged 26% to £307.4 million. That came as revenue bounced ahead even further with a 33% rise to £3.16 billion. Comparable store sales rose too with a 3% increase, although that wasn't as much as the double-digit growth it has seen in the three previous years.

And the online performance was spectacular with website comp sales up an undeniably impressive 30%.

Even though the total gross margin for the year at 48.4% was slightly behind the prior year’s 48.9%, the dip was due to a full year of Go Outdoors being included in the results with the Outdoor business being lower margin. 

It all suggests a company in robust good health and one uniquely well-positioned to help Finish Line prosper too. And growth overseas is clearly important for JD with it adding 56 stores in its core Europe business after opening 54 in the previous year. The latest raft of openings included its debut in Finland. The company also promised “significant expansionary momentum [in Europe] in the new financial year.”

And it's been expanding in Asia-Pacific too with new stores in Malaysia, Australia and South Korea.

By division, the company also said its Sports Fashion unit had “another exceptional year” with pre-exceptionals operating profits up 22% to £300m. And Outdoor core earnings (with Go Outdoors included for the first time) rose to £23 million from £7 million a year ago.

Copyright © 2022 FashionNetwork.com All rights reserved.