5371 Apparel Retailers

Sports Direct International plc Monitor

Sports Direct International plc Annual Report 2017
CR Monitor Issue: 
2018/0205
Company covered: 
Sports Direct International plc
Period End: 
30 April, 2017
Report issued on 13 February 2018 covered the following practice issues:
Restatement
Segment reporting structure altered to show international retail business separately.
Change
Aggregate information disclosed in respect of immaterial business combinations.
Change
Profit on disposal of a subsidiary highlighted on the face of the income statement.
Change
Introduction of detailed disclosure in respect of related parties.
Change
Purchase of company strategic stakes disclosed in post balance sheet events note.
Change
Identification of "brexit" as a new principal risk factor.

NEXT plc Monitor

NEXT plc Annual Report 2017
CR Monitor Issue: 
2017/1009
Company covered: 
NEXT plc
Period End: 
28 January, 2017
Report issued on 24 October 2017 covered the following practice issues:
Pronouncements
Disclosure of future impending impacts of new revenue, financial instruments, and leases standards.
Change
Defined benefit pension disclosures enhanced to include analysis of the expense recognised in other comprehensive income.
Change
Disclosure of defined benefit pension valuation assumptions and related sensitivity analysis extended.
Change
Principal risk disclosures enhanced to consider the possible impacts of Brexit.
Change
Disclosure of proposed changes in directors' remuneration policy.
Change
Enhancement of auditors’ report by inclusion of tabular presentation explaining audit scope.

JD Sports Fashion Plc Monitor

JD Sports Fashion Plc Annual Report 2017
CR Monitor Issue: 
2017/0807
Company covered: 
JD Sports Fashion Plc
Period End: 
28 January, 2017
Report issued on 15 August 2017 covered the following practice issues:
Change
Book values and provisional fair values disclosed in respect of businesses acquired.
Change
Restatement of earnings per share following share split.
Change
Brexit and cyber security identified as areas of principal risk
Change
Recognition of accelerated depreciation following a review of the useful life of assets.
Change
Introduction of glossary including discussion of alternative performance measures

Sports Direct International plc Monitor

Sports Direct International plc Annual Report 2016
CR Monitor Issue: 
2017/0412
Company covered: 
Sports Direct International plc
Period End: 
24 April, 2016
Report issued on 20 January 2017 covered the following practice issues:
Divergence
Lack of clarity as to the calculation of goodwill in a step acquisition.
Change
Improved disclosures of foreign currency contracts by type.
Change
Disclosure of non-current segment assets by geographical areas introduced.
Change
Identification of related party disclosures as a new audit risk area.
Change
Disclosures of deferred tax assets and liabilities by individual temporary difference further disaggregated.

Segment Reporting - Sports Direct International plc

Period End: 
24 April, 2016
Period End Date: 
2016-04-24
Listing Status: 
FTSE Mid 250
ICB Industry Classification: 
5371 Apparel Retailers
Auditor: 
Grant Thornton

JD Sports Fashion Plc Monitor

JD Sports Fashion Plc Annual Report 2016
CR Monitor Issue: 
2016/0906
Company covered: 
JD Sports Fashion Plc
Period End: 
30 January, 2016
Report issued on 20 September 2016 covered the following practice issues:
Divergence
Unexplained restatement in financial instrument fair values table.
Inconsistent
Reason for re-categorisation from Level 3 to Level 2 of valuation hierarchy not disclosed.
Pronouncements
Viability statement looking forward for five years presented.
New
IFRS 3 disclosures presented in respect of post balance sheet business combination.

Sports Direct International plc Interims Monitor

Interim Financial Report
CR Interim Monitor Issue: 
2015/0106
Period End: 
26 October 2014
Listing Status: 
FTSE 100
ICB Industry Classification: 
5371 Apparel Retailers
Auditor: 
Grant Thornton
Change
Financial instruments at fair value disclosed by valuation level.
Change
Exceptional gain recognised on sale and leaseback transaction.
Divergence
Finance income received reclassified to investing activities without explanation, but totals not recalculated.

N Brown Group plc Monitor

N Brown Group plc Annual Report 2013
CR Monitor Issue: 
2013/0806
Company covered: 
N Brown Group plc
Period End: 
2 March 2013
Report issued on 13 August 2013 covered the following practice issues:
Inconsistent
Non-compliance with board evaluation provisions of UK Corporate Governance Code explained.
Pronouncements
Intention to comply with impending Corporate Governance Code disclosed.
Pronouncements
Other comprehensive income reclassified.

JD Sports Fashion Plc Monitor

JD Sports Fashion Plc Annual Report 2013
CR Monitor Issue: 
2013/0805
Company covered: 
JD Sports Fashion Plc
Period End: 
2 February 2013
Report issued on 12 August 2013 covered the following practice issues:
Change
Gain on disposal of business to ultimate parent after derecognition of non-controlling interests.
Inconsistent
Board evaluation provision of the UK corporate governance code not complied with.
Change
Intangible asset impairment model assumptions given in tabular form by brand name and license.
Change
Reconciliation of movements in key money, deposits and legal fees published.