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The Latest Breaking News from JD Sports

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

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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

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 Guardian - UK

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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 Independent 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

The Guardian - UK

Gen Alpha is already transforming branding

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

Creative Bloq

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.

Evening Standard

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 Guardian - UK

Rising unemployment hitting shopper confidence, says JD Sports

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

The Independent UK

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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

Evening Standard

JD Sports says consumer finances ‘strained’ as sales and profits drop

The drop was partly linked to a fall in sales in the UK, where it was also impacted by a number of store closures.

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Evening Standard

FTSE 100 Live 24 September: Defence stocks rally, On The Beach slides on profit miss

JD Sports Fashion, which generates about 40% of its revenues in the US, today reported lower profits for the first half of the financial year.

The Guardian - UK

JD Sports sales slump in UK as fragile consumer confidence concerns retailers

Leisurewear firm cuts prices online amid tough market, especially in footwear for women and children

Evening Standard

JD Sports ‘cautious’ over consumer finances as UK sales slide

The sportswear retailer said it has made ‘strong progress’ in recent months and pointed to improvements in the US.

Evening Standard

FTSE 100 Live 27 August: US trading lifts JD Sports Fashion, energy bills to rise

A North American sales beat today fired up JD Sports Fashion shares during a lacklustre session for the FTSE 100 index ahead of tonight’s Nvidia results.

Evening Standard

Stocks dip amid Trump’s Fed move and French worry

The FTSE 100 index closed down 55.60 points, 0.6%, at 9,265.80.

The Independent UK

JD Sports shareholders hoping for progress amid US consumer weakness

The retail firm’s performance in the US will be particularly in focus when it provides a half-year trading update on Wednesday August 27.

Evening Standard

JD Sports shareholders hoping for progress amid US consumer weakness

The retail firm’s performance in the US will be particularly in focus when it provides a half-year trading update on Wednesday August 27.

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