Pentland news and archive

JD Sports shares plummet as largest shareholder sells holdings worth 177m pounds

Shares in JD Sports plunged over 10 percent percent on Wednesday after majority shareholder Pentland reduced its stake in the fashion retailer worth 177 million pounds. Pentland, which also owns sportswear brands such as Speedo and Berghaus, said it sold 24 million shares in JD Sports at 740p each. “Pentland is committed to remaining a long-term...

People

Marc Hare named Product Director of Lacoste Footwear JV

Pentland has announced the appointment of Marc Hare as the new Product Director of the Lacoste Footwear Joint Venture. The company said, Hare joins the business after having run his own successful streetwear inspired sneaker brand, Mr. Hare, since 2008. Hare, the company added, will be leading the new ‘Mainline’ and ‘Future Concepts’ product...

Apparel

Pentland Group revenues rise 14.2 percent FY’12

REPORT_ Pentland Group saw total revenues rise by 14.2 percent, with the Olympics fuelling growth from sportswear brands such as Speedo. Sales at Pentland Brands, which owns labels such as Berghaus, Canterbury, Mitre, Boxfresh, and Red or Dead, rose 6.8 percent. The retail division, which includes a 57 percent stake in JD Sports Fashion, saw...