298
Fashion Jobs
L'OREAL GROUP
Assistant CRM Manager
Permanent · HONG KONG
L'OREAL GROUP
Key Account Manager
Permanent · HONG KONG
H&M
Total Rewards Manager, Supply Chain
Permanent · TSIM SHA TSUI
H&M
Accounts Specialist
Permanent · TSIM SHA TSUI
ESTÉE LAUDER COMPANIES
Assistant Demand Planning Manager
Permanent · HONG KONG
ESTÉE LAUDER - BRAND
Retail Marketing Manager, Estée Lauder
Permanent · HONG KONG
CLINIQUE
Assistant Education Manager, Clinique
Permanent · HONG KONG
CLINIQUE
Senior Marketing Manager, Clinique
Permanent · HONG KONG
TOMMY HILFIGER
Senior Manager, Creative Services, Tommy Hilfiger Asia Pacific
Permanent · HONG KONG
AESOP
Retail Consultant
Permanent · SHA TIN
NEWELL
Senior Manager, Indirect Sourcing
Permanent · HONG KONG
L'OREAL GROUP
Group Product Manager
Permanent · HONG KONG
ADIDAS
Senior Manager, Materials Availability Management
Permanent · HONG KONG
L'OREAL GROUP
Assistant Purchasing Manager (Marketing, Digital IT)
Permanent · HONG KONG
PUMA
Manager Innovation Technical Apparel
Permanent · HONG KONG
DR. MARTENS
Head of Financial Accounting, Apac
Permanent · TSIM SHA TSUI
TJX COMPANIES
Director of Sourcing, Apparel -Hong Kong
Permanent · HONG KONG
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Hysan Place
Permanent · CAUSEWAY BAY
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Yoho Mall
Permanent · HONG KONG
A & F
Abercrombie & Fitch - Brand Representative (Part-Time / Full-Time), Harbour City
Permanent · TSIM SHA TSUI
KERING EYEWEAR
Kering Eyewear Assistant Trade Marketing Manager Travel Retail
Permanent · HONG KONG
JAEGER
Training Manager
Permanent · HONG KONG
By
Reuters API
Published
Sep 20, 2019
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Sports Direct says JD Sports probe could have impact for major brands

By
Reuters API
Published
Sep 20, 2019

British sporting goods retailer Sports Direct said on Friday an antitrust investigation into rival JD Sports Fashion's takeover of Footasylum could have implications for the sector's major players, particularly their relationships with "must-have" brands.




Key suppliers to the industry include Nike , Adidas , Puma and Under Armour.

In July the Competition and Markets Authority (CMA) launched an investigation into JD Sports Fashion's completed 90 million pound acquisition of smaller rival Footasylum.

The regulator said on Thursday it planned to refer the deal to a deeper phase 2 investigation after finding it could lead to a worse deal for customers due to higher prices, poorer choice in stores or reductions in service quality.
It said JD must address its concerns or face the more in-depth probe.

Sports Direct, which is led by founder Mike Ashley, said it had received legal advice that the issues identified by the CMA regarding brand relationships are likely to be a key focus of any phase 2 investigation.

It said the issues are likely to have wider market implications beyond this transaction "as they appear to highlight the power of the 'must-have' brands and potential market-wide practices aimed at controlling the supply and, ultimately, the pricing of their products".

Sports Direct said it would continue to work constructively with all of its third-party suppliers.

Analysts said Sports Direct has long been irked by the major brands favouring JD Sports with their best ranges.

They said that as Sports Direct is pursuing what it calls its "elevation" strategy, seeking to get more access to the major brands' latest and higher tier products, it was in its interests to stir things up with the regulator.

Shares in Sports Direct were up 1.2% at 0741 GMT, while JD was up 0.3%.
 

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