• Loading stock data...
Monday, July 14, 2025

Acquisitions Pay Off for JD Sports in $4.8B First Half

  • JD Sports opened 51 new brick-and-mortar locations in Europe in H1 2022.
  • It has a total of 101 stores in the U.S. and plans to open a flagship location in Chicago.
Shutterstock

JD Sports posted strong results in its latest earnings report after expanding its business through acquisitions over the last year.

The sports, outdoor, and fashion brand retailer generated $4.8 billion in revenue in the first half of FY2022, up from $4.2 billion during the same period last year.

  • JD Sports opened 51 new brick-and-mortar locations in Europe in H1 2022.
  • It has a total of 101 stores in the U.S. and plans to open a flagship location in Chicago.
  • The company faced a dockers’ strike in England, which hampered sales in H1 2022.

JD Sports continues to expand its reach through acquisitions and distribution deals. 

In 2021, it bought clothing retailer Oi Polloi for an undisclosed amount and an 80% stake in Greece-based Cosmos Sports. It also secured a deal to sell Reebok products at its stores.

JD Sports Call to Sell

In 2019, JD Sports acquired rival fashion retailer Footasylum for $124 million. The acquisition was flagged by the Competition and Markets Authority — the U.K.’s antitrust regulator — which cited potential market competition problems.

The CMA ordered JD Sports to sell Footasylum, an order unsuccessfully appealed in June 2020.

Last month, JD Sports completed the disposal of Footasylum to asset management company AURELIUS Group for $40 million.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

DeChambeau Set to Negotiate LIV Deal Amid U.S. Open Defense

Bryson DeChambeau confirmed his LIV contract expires in 2026.
July 9, 2009; Auburn Hills, MI, USA; Detroit Pistons president Joe Dumars during the press conference to introduce their new head coach John Kuester at their practice facility.

Joe Dumars Leaving NBA League Office to Run Pelicans

Joe Dumars was the architect of the 2004 champion Pistons.
Mar 20, 2025; Providence, RI, USA; Arkansas Razorbacks forward Karter Knox (11) controls the ball against Kansas Jayhawks during the first half at Amica Mutual Pavilion.

Men’s March Madness Sets Opening-Day Viewership Record

CBS Sports and TNT Sports scored big with Arkansas–Kansas.

Influencer Soccer Match Sells Out Wembley Stadium, Draws Over 14M Views

The match raised over $6 million for charity and sold out in under three hours.

Featured Today

May 31, 2025; Philadelphia, PA, USA; Sydney McLaughin-Levrone (USA) reacts before the women's 100m hurdles during the Grand Slam Track Philadelphia at Franklin Field
exclusive

Track’s New Money Is Running Into Old Problems

The sport’s big-money era has hit some speed bumps in 2025.
Bobbleheads are seen at Vintage Indy Sports, Tuesday, April 29, 2025 in Speedway. The local sports memorabilia store opened recently.
July 12, 2025

Baseball’s Bobbleheads Are the Center of the Collectibles Universe

Baseball’s most important keepsake drives long lines—and big business.
Rimouski, QC - JUNE 1: Final Game of the 2025 Memorial Cup between the Medicine Hats Tigers and the London Knights on June 1, 2025, at the Colisée Financière Sun Life in Rimouski, Qc.
July 11, 2025

CHL Is Facing a ‘Pandora’s Box’ of Questions Amid NCAA Talent Departure

As players defect to college, the Canadian Hockey League won’t cede ground.
Jun 28, 2025; Arlington, Texas, USA; Seattle Mariners catcher Cal Raleigh (29) bats during the game between the Texas Rangers and the Seattle Mariners at Globe Life Field.
July 9, 2025

The Torpedo Bat Business Is Still Going Strong: ‘Here to Stay’

Demand for the oddly shaped bats has stayed strong across the sport.
Jonathan Mariner

Former MLB CFO Jumps to PE, Says Teams Are Undervalued

Mariner worked in Major League Baseball for 24 years.
March 20, 2025

Nike Struggles Continue, but Signs of Turnaround Appear

The embattled company beats tepid expectations in both revenue and earnings.
James Harden
April 24, 2025

Adidas Posts Big Profits in First Quarter Without Yeezy

Profits and sales are up after selling off remaining Yeezys last year.
Sponsored

Game On: Portfolio Players Stories, Brought to You by E*TRADE from Morgan Stanley

Dealmaker Jeffrey Kaplan maps the evolution of sports as an asset class
Oracle Park
March 18, 2025

S.F. Giants Selling Stake to Private Equity to Pay for Facility Upgrades

The team said the cash would not be used to grow payroll.
Aug 11, 2024; Paris, France; Medals are carried out on Louis Vuitton trays after the women's volleyball gold medal match during the Paris 2024 Olympic Summer Games at South Paris Arena
February 16, 2025

LVMH’s New Push: World’s Most Powerful Luxury Group Is Coming for Sports

LVMH is making long-term deals—and they’re not done.
February 14, 2025

DraftKings Turns First Full-Year Profit, Stock Up 47% in 2025

The company’s sports betting business continues to grow despite headwinds.
Billie Jean King
February 13, 2025

Billie Jean King: ‘Billionaires, Not Millionaires’ Are Fueling Women’s Sports Boom

Billie Jean King wants more women involved in team ownership, too.