JD Sports Fashion PLC is a publicly traded company on the London Stock Exchange under the ticker symbol JD. As of 2021, JD Sports Fashion PLC was an FTSE 100 company, one of the largest 100 companies listed on the London Stock Exchange in market capitalisation. As of this post, JD Sports Share Price is at 160.85 GBx.
Brief Background of JD Sports Share Price
D Sports Fashion PLC is a British sportswear and fashion retail company founded in 1981 by John Wardle and David Makin in Bury, Greater Manchester, England.
Initially, the company was called “John David Sports” and specialised in selling football (soccer) jerseys. Over time, the company expanded its offerings to include a broader range of sports clothing and equipment, footwear, and fashion apparel.
In 1996, the company was renamed JD Sports Fashion PLC and began to focus more on fashion-oriented sportswear, becoming a leader in this market in the UK. Over the years, JD Sports Fashion PLC has acquired several other sportswear and fashion brands, including Scotts, Blacks, Millets, and Footpatrol.
JD Sports Fashion PLC has expanded internationally, opening stores in Europe, Asia, and Australia. As of 2021, the company had over 2,400 stores worldwide, with a significant presence in the UK and Europe.
In recent years, JD Sports Fashion PLC has experienced substantial growth and financial performance and has become a significant player in the sportswear and fashion retail industry.
Advantages of Investing in JD Sports Share Price
Strong financial performance: JD Sports Fashion PLC has a history of strong financial performance, with increasing revenue and profits in recent years. This may indicate that the company is well-positioned for growth and may provide a good return on investment.
Diversified product offerings: JD Sports Share Price offers a wide range of sportswear, fashion apparel, and footwear products, which may make the company less vulnerable to market fluctuations in any one particular area.
Growing international presence: JD Sports Share Price has been expanding its international presence, with stores in several countries outside the UK. This may provide opportunities for growth and increased revenue.
Strong brand recognition: JD Sports Fashion PLC is a well-known UK brand with a growing reputation internationally. This may help the company attract new customers and retain existing ones.
Main Competitors of JD Sports Share Price
JD Sports Share Price operates in the sportswear and fashion retail industry, which is a highly competitive market. As a result, the company faces competition from a range of other retailers, including:
- Sports Direct International PLC: Sports Direct is a UK-based retailer specialising in sports equipment, clothing, and footwear. The company operates over 500 stores in the UK and internationally.
- Foot Locker Inc.: Foot Locker is a US-based retailer that sells athletic footwear and apparel. The company operates over 3,000 stores in 27 countries.
- Nike Inc.: Nike is a US-based multinational corporation that designs, develops, and sells athletic footwear, apparel, and accessories. The company is a leading global brand in the sportswear industry.
- Adidas AG: Adidas is a German multinational corporation that designs and sells athletic footwear, apparel, and accessories. The company is a leading global brand in the sportswear industry.
- Under Armour Inc.: Under Armour is a US-based company that produces and sells athletic apparel, footwear, and accessories. The company has a strong presence in the US market and is expanding internationally.
