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DARK SECRETS: Jd sports | Vintage Vibes

JD Sports boss is still struggling to turn up the heat on a tepid trainer market

Latest profit warning is particularly disappointing in a World Cup year, which should have given the global business a sporty buzz

The Guardian - UK

FTSE 100 drifts as miners offset JD Sports tumble

The FTSE 100 index closed up just 4.81 points at 10,748.16.

Evening Standard

JD Sports sales hit as cost of living crisis sees shoppers shun trainers

The company’s share price dropped by about 14 per cent on Thursday following the update

The Independent UK

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JD Sports cuts £50m from profit forecast as cost of living pressures hit trainer sales

Inflation fuelled by Iran conflict deterring shoppers, especially in the US, says high street chain

The Guardian - UK

JD Sports says cost-of-living squeeze hitting sales despite football kit boost

The retail chain said it was downgrading its profit outlook in a ‘tough’ market.

Evening Standard

Growth plans in focus at JD Sports after pressure on chief executive

On Thursday August 20, boss Regis Schultz will unveil a trading update for the sportswear retailer’s performance.

Evening Standard

JD Sports appoints former Ikea chief as chairman

The UK retail firm said Peter Agnefjall will take over the role from September 1.

Evening Standard

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Was the viral 'sold out of Argentina football tops' photo really taken in Scotland?

Claim: JD Sports shops “across Scotland have had to put signs up saying they have sold out of [Argentina] jerseys” ...

The National (Scotland)

Sports retailer announces closure of 175 underperforming stores nationwide

The additional closures come after JD Sports shuttered 39 stores overall last year

The Independent UK

Mike Ashley admits he was behind video that brought down JD Sports chair

Sports Direct founder says people in his employ recorded footage of Peter Cowgill meeting another retail boss

The Guardian - UK

JD Sports cautions that Iran war could weigh on profits and push up prices

The retail chain said uncertainty about the geopolitical situation could weigh on its profits in the year ahead.

Evening Standard

JD Sports warns Iran war could push up price rises

The retail chain closed 24 stores, on a net basis, in the UK over the past year

The Independent UK

Blue chips close lower amid US-Iran stalemate

For the week, the FTSE 100 fell 2.7%, the FTSE 250 also declined 2.7% and the AIM All-Share dipped 1.7%.

Evening Standard

JD Sports reveals Christmas sales fall

The group reported a 5.3% drop in UK like-for-like sales in the nine weeks to January 3 as it said demand ‘softened’ in the first half of December.

Evening Standard

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The Guardian - UK

JD Sports plans to let shoppers buy through AI platforms

Retailer to allow ‘one-click purchases’ through assistants such as ChatGPT and Microsoft Copilot, beginning in US

The Independent UK

JD Sports reveals plans to enable shoppers to buy products through AI platforms

The sportswear giant’s tech boss told the Press Association it believes AI is ‘the future of how people will shop’.

The Independent UK

Student awarded £65k after JD Sports supervisor sexual harassment case

The student worked part-time while studying for her A-levels

The Guardian - UK

The best UK Christmas gifts for teens, chosen by teenage boys and girls

Young people talked, and we listened. Here are their dream picks of gym gear, games consoles, stationery, beauty products – and lots of joggers

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Creative Bloq

Gen Alpha is already transforming branding

Gen Alpha loyalty is all about world-building, and brands need to keep up.

Evening Standard

FTSE 100 up but mixed US jobs data tempers gains

The FTSE 100 index closed up 20.24 points, or 0.2%, at 9,527.65. It had earlier traded as high as 9,593.83.

The Guardian - UK

UK is worst-performing market for JD Sports as youth unemployment hits sales

Lack of spare cash among under-25s feeds slide in sales with annual profits to be at lower end of expectations

The Independent UK

Rising unemployment hitting shopper confidence, says JD Sports

The retailer said clothing sales in September were also impacted by unusually warm weather.

The Guardian - UK

Reeves expected to scrap ‘low-value imports’ loophole that benefits Shein and Temu

Chancellor reportedly plans to close tax loophole in budget, after complaints by UK retailers of uneven playing field

The Guardian - UK

JD Sports profits and sales fall amid ‘strained consumer finances’

Leisurewear firm reports 13.5% decline in profits in six months to 2 August, with sales drop worst in North America

The Independent UK

Business news live: Another pharma firm criticises UK, Spanish energy company to invest €20bn in Britain

Stock market news plus latest business and personal finance updates from Wednesday

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