JD Sports is an English sports and outdoor wear retailer, founded in 1981, based in Lancashire. It also trades online and is expanding internationally throgh strategic acquistions. Retail Week provides news, analysis, features and opinion about JD Sports and the sports and fashion retail sectors.
After trimming its profit outlook for the full year, analysts and insiders worry it’ll be an uphill battle for JD Sports to get back on firmer footing.
JD Sports has trimmed its full-year profit outlook this morning (August 20), citing weak consumer demand as sales fell across key markets, including the UK and the US.
JD Sports has appointed former Ikea Group CEO Peter Agnefjäll as its new chair, effective September 1.
JD Sports has begun the second phase of a £200m share buyback programme.
Retailers and data providers reported accelerating TV and sportswear sales − despite the heatwave.
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