JD Sports sales and profits surge, driven by fashion
JD Sports has posted an increase in sales and profits at its half-year results bolstered by an improvement in sports fashion sales.
The sports retailer registered a 46.9% jump in group sales to £2.7bn for the 26 weeks to August 3. The sportswear retailer posted a 6.6% increase in profit before tax to £129.9m for the same period up from an increase of £121.9m the same period the previous year.
The winning results were boosted by its sports fashion sales which registered a 12% increase in like-for-like sales.
Group like-for-like store and online sales both increased 7% and 10% respectively.
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