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JD Sports Fashion plc, commonly known as JD Sports, JD or JD Group [3] is a British multinational sports-fashion retail company based in Bury, Greater Manchester, England. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index .
Rebel store in Stockland shopping centre, Rockhampton, Queensland, 2022. Rebel Sport was established in 1985 with its first store in Bankstown. [2] After being listed on the Australian Securities Exchange in 1993, [3] it was purchased by Harvey Norman in July 2001.
The company was launched in 2011 and is one of Australia’s largest fashion, sports, beauty, kidswear and homewares destinations. [2] [3] with over 1500 brands and 165,000 items, [4] [5] including Australian labels P.E Nation, Sass & Bide, Camilla and Marc, Country Road, Witchery and Lorna Jane.
JB Hi-Fi was established in the Melbourne suburb of Keilor East by John Barbuto in 1974, selling music and specialist hi-fi equipment. [3] Barbuto sold the business in 1983 to Richard Bouris, David Rodd and Peter Caserta, who expanded JB Hi-Fi into a chain of ten stores in Melbourne and Sydney turning over $150 million by 2000, when they sold the majority of their holding to private equity.
Fuelled by a record-breaking performance from JD Sports Fashion, Pentland Group’s revenue soared 38.9% to £5.1bn for the year to 31 December 2018, with Group operating up by 9.3% to £411m. In 2018, JD Sports Fashion bought US retailer, Finish Line and opened 83 new stores, including 78 in international markets. [22]
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The stake amounted to 11.9% of JD Sports in November 2013. Sports Direct formerly held 5% of Amer Sports. [20] In 2012 Sports Direct International purchased rival retailer JJB's brand name, website, 20 stores and all of their stock in a deal for approximately £24m. The deal saved around 550 jobs. [21] [22] [23] [24]
In 2024, QIC sold Westpoint for A$900 million to Australian fund manager Haben and United States real estate investor Hines. At the time, it was the largest single property asset in Australia to be traded, and it beat the record for largest single retail asset transaction in Australia previously set by the sale of Indooroopilly Shopping Centre ...