All Footasylum articles – Page 2
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Opinion
‘JD-Footasylum case shows how retail mergers have just got tougher’
The Competition and Markets Authority (CMA) last week slapped JD Sports and its largest shareholder with a £300,000 fine for allegedly breaking an order from the watchdog over its acquisition of Footasylum.
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News
CMA chair forced out following row with directors
The chair of the UK’s competition watchdog was forced to step down three years before his term after a row with its chief executive.
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Video
Face time: JD Sports boss Cowgill slams CMA’s ‘reckless’ Footasylum ruling
JD Sports’ executive chair Peter Cowgill speaks to Retail Week about the CMA’s ‘pre-judged’ decision to block its acquisition of Footasylum, despite the operational challenges faced by all retailers as a result of the coronavirus pandemic.
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News
CMA blocks JD Sports-Footasylum merger despite coronavirus uncertainty
Following a phase two investigation, the CMA found the merger would “lead to a substantial lessening of competition nationally” in the footwear sector and would leave customers with “fewer discounts or receiving lower quality customer service”.
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News
CMA holds firm on JD Sports-Footasylum acquisition despite coronavirus crisis
The Competition and Markets Authority (CMA) is set to maintain its stance on JD Sports’ acquisition of Footasylum despite the damaging impact coronavirus has had on the latter’s finances.
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Opinion
Opinion: Amazon-Deliveroo CMA verdict must spark more collaboration
It was a judgement that should have been reached a long time ago, but one that, given its timing, could carry far greater significance for retail.
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Analysis
Data: The UK’s 15 most improved retailers for gender pay equality
Retail Week ranks the top-performing and most improved UK retailers for gender pay equality.
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Opinion
Opinion: The CMA is on a power trip – and retail should be worried
Lord Andrew Tyrie hasn’t written his memoirs yet. If and when he does, he might want to consider borrowing the title: How to Lose Friends and Alienate People.
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News
JD Sports condemns ‘fundamentally flawed’ CMA decision on Footasylum
JD Sports executive chairman Peter Cowgill has lambasted the competition regulator’s provisional findings on the retailer’s acquisition of Footasylum.
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Analysis
Analysis: Is the CMA killing retail?
Asda-Sainsbury’s, JD Sports-Footasylum and potentially Amazon-Deliveroo – the CMA has been taking a tough stance on retail M&A over the past two years. But is the watchdog’s clampdown on mergers actually hurting the industry?
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News
JD Sports insists Footasylum deal ‘will benefit consumers’
JD Sports has insisted its £90m takeover of rival Footasylum “will benefit consumers” as it wrestles to convince competition watchdogs of the merits of the deal.
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News
JD Sports’ Footasylum acquisition put on hold by CMA
JD Sports planned £90m takeover of struggling footwear firm Footasylum has been halted by an ongoing investigation by the Competition and Markets Authority (CMA).
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News
CMA escalates investigation into JD Sports’ Footasylum acquisition
The Competition and Markets Authority has today escalated its probe into JD Sports’ £90m swoop for Footasylum, after the footwear retailer decided there wasn’t any “appropriate remedies” to avoid the phase 2 probe.
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News
Sports Direct says JD Sports probe could impact major brands
Sports Direct has said that the Competition and Markets Authority’s (CMA) investigation into rival JD Sports’ acquisition of Footasylum could have implications for the wider sector, by restricting supply and increasing prices.
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News
JD Sports’ £90m Footasylum deal faces full competition probe
JD Sports’ £90m swoop on high street rival Footasylum is facing an in-depth probe from the competition authorities.
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News
CMA kicks off probe into JD Sports’ Footasylum acquisition
The Competition and Markets Authority (CMA) will kick off an investigation into JD Sports’ acquisition of rival Footasylum tomorrow.
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News
JD Sports faces CMA probe over Footasylum acquisition
The Competitions and Markets Authority (CMA) has launched an investigation into JD Sports over its £90m acquisition of Footasylum.
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Opinion
Why JD Sports' play for Footasylum makes tactical sense
What a difference a month makes. In February, after securing an 8.3% stake in Footasylum, sports fashion titan JD Sports insisted it was “not intending to make an offer” for its athleisure rival.
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News
JD Sports to buy Footasylum in £90m deal
JD Sports has made a recommended cash offer for embattled counterpart Footasylum.
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News
Footasylum partners with new payments service Laybuy
Footasylum has partnered with new buy now, pay later service Laybuy which has today launched in the UK.
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