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IN BRIEF: JD Sports Fashion Chair Andrew Higginson to leave in July

ALN

JD Sports Fashion PLC - Lancashire, England-based retailer of sports, fashion and outdoor brands - Andrew Higginson will step down as chair at JD Sports’ annual general meeting on July 21, having held the chair since 2022. Non-Executive Director Darren Shapland will become interim chair after the AGM, and Senior Independent Director Kath Smith will lead the search for a permanent successor. ‘We have focused the business back to sports fashion, bought out minority interests in subsidiaries, and accelerated our expansion outside JD’s UK market, particularly in the US,’ Higginson says of his time as chair, which he called ‘a tough period in the sportswear market’. JD Sports notes that about 40% of its business is now in North America. Regis Shultz remains chief executive officer.

Current stock price: 73.22 pence, down 4.2% in London early Wednesday

12-month change: down 4.4%

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