All Footasylum articles
Footasylum is a footwear and fashion retailer that was established by the founders of JD Sports in 2005. Like JD, Footasylum focuses on trendy sports and leisure wear aimed at young fashion-conscious consumers. Now trading through 66 stores, the business completed a flotation on the stock market in late 2017. It offers a host of branded products along with its own label. It initially focused on menswear products but has begun to extend its women’s and children’s lines.
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News
Footasylum has secured a £35m credit facility to fund UK growth ambitions
Footasylum has secured a £35m credit facility as it looks to accelerate growth in the UK.
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Retail Navigator Analysis
Footasylum (Financials)
Footasylum posted record sales for the year ending 27 January 2024 (FY2023), climbing 7% to £320m. The retailer said sales across all business channels (stores, app/website and wholesale) grew in the year, helped by “the successful opening and upsizing of a number of next generation digitally-led stores”.
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News
Footasylum profits and sales have soared after a ‘record’ year
Sportswear retailer Footasylum has reported another “record” year of profits and sales helped by its ongoing store expansion strategy and enhanced omnichannel retail technology.
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News
Footasylum names David Pujolar as new CEO
Sportswear retailer Footasylum has named David Pujolar as its new chief executive as boss Barry Bown steps down from his role as executive chair and chief executive.
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News
Footasylum sales rise across all channels in year of ‘record growth’
Footasylum has posted sales growth across all business channels as it marks another year of “record growth”.
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Data
Generation Alpha: Who’s influencing the next retail influencers?
Next year Generation Alpha will be at its peak, with 2 billion from this age group around the globe, but who is influencing the next influencers? Retail Week teams up with Beano Brain to find out what the retail world looks like through the eyes of Gen A
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Gallery
The best new stores of 2023
From soaps on sushi belts at Lush Glasgow to in-house tea rooms at Uniqlo, Covent Garden here some of the most exciting stores that opened up in 2023.
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Gallery
First look at Footasylum’s ‘most technologically advanced store yet’
Footasylum has opened the doors to its new store in Lakeside Shopping Centre, Essex, showcasing a “first-of-its-kind concept development” for the retailer.
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News
Footasylum sales rise despite fall in profits
Footasylum has posted an increase in sales, which it credited to strong store performance despite a fall in profits for the full financial year.
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News
Footasylum ramps up UK expansion plans as womenswear demand booms
Footasylum has announced plans to expand its presence in the UK this year, with the opening of new stores and the upsizing of existing stores, following a “notable increase in demand for womenswear”.
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Analysis
What’s in store for 2023? Very, Primark and Kingfisher bosses predict the year ahead
In the last year, the UK has leapt from a pandemic to a political circus straight into an economic whirlwind, begging the question: what’s next? So we’ve asked the bosses of retail to predict the unpredictable and tell us the trends they think will dominate and direct the sector in 2023
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News
JD Sports sells Footasylum to investment group
JD Sports has offloaded its Footasylum business to German investment group Aurelius.
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Data
Data: The 15 most improved retailers for gender pay equality 2022
Retail Week ranks the top-performing and most improved retailers for gender pay equality this year.
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News
JD Sports ups profit forecast but delays results to address Footasylum fallout
JD Sports has upped profit expectations but delayed its full-year results so it can address the divestment of Footasylum and complete a governance review.
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News
Cowgill hits back after JD Sports and Footasylum fined almost £5m by CMA
JD Sports has accused the Competition and Markets Authority (CMA) of using “inflammatory language” and reaching misleading conclusions after it handed down a nearly £5m fine to the retailer and Footasylum.
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News
Ashley’s Frasers Group circles Footasylum
Tycoon Mike Ashley’s Frasers Group is thought to have tabled an offer for Footasylum, which JD Sports has been ordered to sell by the competition authorities.
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News
JD Sports set to concede defeat in Footasylum takeover battle
JD Sports is on the cusp of relinquishing ownership of Footasylum following a protracted battle with the Competition Markets Authority (CMA) regarding the takeover.
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News
JD Sports lambasts CMA as regulator orders sale of Footasylum
JD Sports has hit out at the competition watchdog after a final ruling ordered the retailer to sell the Footasylum business it acquired back in 2019.
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News
JD Sports ‘perplexed’ as Footasylum deal knocked back by CMA
JD Sports faces the prospect of having to sell Footaysylum following renewed concerns about the deal from the Competition and Markets Authority.
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Retail Navigator Analysis
Footasylum (Overview)
Footasylum is a fast-growing footwear and fashion retailer that was established by the founders of JD Sports and is now trading through upwards of 60 stores. It also owns upmarket sports retailer Sevenstore, which has one shop based in Liverpool as well as its own website.