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The Latest Breaking News from JD

The key questions as 'cartel activity' allegations surround Rangers kit sales

WHEN it comes to Rangers and their retail arrangements, it seems that nothing is ever simple. Now there is another twist in the tale.

The National (Scotland)

Just do it: time for JD Sports to return furlough money

The ‘king of trainers’ wants to signal a new era and its bumper results present a perfect opportunity

The Guardian - UK

JD Sports braced to fork out £2million after being accused of 'price fixing'

JD Sports, along with Elite Sports and Rangers Football Club, are being investigated by the competition watchdog for alleged price-fixing of football kit, meaning sports fans may have overpaid

Daily Mirror

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Rangers, JD Sports and Elite Sports accused of illegally fixing price of merchanise

JD Sports, sporting goods firm Elite Sports, and Rangers Football Club have been accused of keeping prices of club-branded replica kits high so that they could "pocket more money for themselves".

Glasgow Live

JD Sports, Elite Sports and Rangers Football Club fixed kit prices, says watchdog

Companies face fines after admitting to cartel activity that meant fans paid more for replica shirts

The Independent UK

JD Sports faces £2m fine for price-fixing of football kits

JD Sports is set be fined up to £2 million by the Competition and Markets Authority over price-fixing of Rangers replica kits.

Evening Standard

JD Sports, Elite and Rangers FC fixed kit prices to 'pocket money at expense of fans' says CMA

Provisional findings claim the three conspired to fix prices of Rangers club clothing merchandise according to a watchdog

Wales Online

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Rangers FC named among those that may have 'illegally fixed prices of merchandise'

The watchdog believes they may have colluded with Elite and JD Sports.

Irish Mirror

Rangers FC, JD Sports and Elite Sports may have 'illegally fixed prices of merchandise', watchdog rules

The Competition and Markets Authority said they are "concerned" that Elite, JD Sports and Rangers FC "colluded to keep prices high, so that the two retailers could pocket more money for themselves at the expense of fans."

Daily Record

Watchdog finds price-fixing of Rangers FC replica shirts

RANGERS FC, JD Sports and sporting goods firm Elite Sports have been provisionally found by the UK competition watchdog to have conspired to fix…

The National (Scotland)

JD Sports admits to 'cartel activity' with Elite Sports by price-fixing Rangers replica kits

Both companies applied for leniency during the CMA’s investigation

Manchester Evening News

JD Sports, Elite and Rangers fixed prices of replica shirts, says CMA

Retailers and club could face fines after watchdog finds they broke competition law

The Guardian - UK

JD Sports and Elite Sports confess to 'cartel activity' in Rangers kit price-fixing probe

Regulator releases provisional conclusions, and if confirmed, the companies involved 'can expect to face fines'

Insider UK

JD Sports and Elite Sports confess to 'cartel activity' in Rangers FC replica kit price-fixing probe

The CMA has released its provisional conclusions and if confirmed, the companies involved 'can expect to face fines'

Birmingham Post

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Benzinga

BofA 'Cautiously Optimistic' On JD.com

JD.com Inc (NASDAQ: JD) indicated that it has seen some improvement in its logistics and supply chain capacity in the recent week, while experiencing some sequential recovery and pent-up demand, according to BofA Securities.

The Guardian - UK

JD’s trainer king, Peter Cowgill, loses his crown – leaving big shoes to fill

A string of missteps saw the chief executive leave the company he built into a global brand. But one rival may be celebrating …

Benzinga

Why Alibaba, Nio, Chinese Peers Are Surging In Hong Kong Today

Shares of U.S.-listed Chinese companies rallied in Hong Kong on Friday morning, with major tech names like Alibaba Group Holding (NYSE: BABA), JD.com Inc (NASDAQ: JD), Tencent Ho

The Hindu

Botched abortion throws light on illegal sex-determination

A quack offered to determine the sex of the foetus and abort it

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The Guardian - UK

Steve Rowe’s warts-and-all M&S farewell just enhances credibility for investors

Outgoing CEO spelled out what still left undone, but retailer in better shape than in recent past

The Guardian - UK

JD Sports boss Peter Cowgill quits with immediate effect

Outspoken leader thought to have resisted board’s attempts to split the roles of chair and chief executive

Benzinga

Alibaba, Nio, Chinese Peers Slide: What's Dragging Hong Kong Stocks Today?

Shares of U.S.-listed Chinese firms were subdued on Tuesday morning in Hong Kong, with major tech names like Alibaba Group Holding (NYSE: BABA), JD.com Inc (NASDAQ: JD), Baidu In

Chronicle Live

Blue Light Card: How it works, who is eligible and where it can be used

A number of retailers are offering discounts to cardholders including Asda, Cineworld, JD, Odeon, Halfords, Alton Towers and many more

Liverpool Echo

Blue Light Card: Who is eligible and where can it be used

Asda has just reinstated 10 per cent off for holders and the card can get discounts at retailers including Cineworld, JD, Odeon, Halfords, Alton Towers and many more

Benzinga

Mizuho Remains Bullish On JD Post Q1 - Read Why

Mizuho analyst James Lee maintained a Buy on JD.com, Inc (NASDAQ:JD) with a price target of $90 (75% upside). JD beat top line and margins due to its competitive advantage in supply chain and logistics, which enabled the company to gain share. The COVID lockdown impact in 2Q22 was more than Lee's expectation at 5% YoY growth,…

Caixin Global

JD.com Quarterly Growth at Eight-Year Low Amid Virus Restrictions

E-commerce giant’s revenue beats estimates despite nationwide consumption slump amid lockdowns and snarled logistics

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