Sport & Leisure

Nike to cut 1,600 jobs in cost trimming measure

Nike is set to cut 1,600 jobs, around 2% of its workforce, in an attempt to trim its costs after…

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Halfords maintains FY guidance despite weak December sales

Halfords has maintained its full-year guidance despite December sales being “much weaker” than expected.  In its third quarter, total revenues…

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JD Sports lowers guidance after underwhelming Christmas sales

JD Sports has lowered its full year profit guidance to between £915m – £935m, down from its ambitious £1bn target…

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Nike lowers sales forecast amid $2bn cost savings plan

Nike has announced that it is set to make cost savings of $2bn (£1.57bn)across the next three years and has…

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Castore secures £145m investment

Castore, the performance sportswear brand and technology-enabled, end-to-end digital platform for global sports teams, has secured significant growth investment in…

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Decathlon launches nationwide buyback service

Decathlon has announced the launch of a buyback service in 50 of its stores across the country. The scheme will…

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Angling Direct revenues up 11.4% in H1

Fishing and tackle equipment retailer, Angling Direct, revealed that group revenues increased by 11.4% to £43.3m in the six months…

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ON aims to double net sales in three years

Swiss running retailer ON has announced its target to double its net sales 2026 to at least £3.19bn. The company…

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Nike revenues up 2% in Q1 as higher prices offset waning demand

Nike revenues increased 2% to $12.9bn (£10.5bn) in the first quarter ended 31 August due to a 2% increase in…

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Geek Retreat revenues rise 36% amid strong store sales

Geek Retreat, the geek culture retailer, gaming café, community hub and events venue, has reported a “record” August with average…

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