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JD Sports sales hit as cost of living crisis sees shoppers shun trainers
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Independent Business
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
20 Aug, 09:26
Guardian Business
Sales of trainers dive as cost of living pressures hit JD Sports performance
Inflation deterring shoppers from spending, especially in the US, says sportswear fashion chain
Sports fashion retailer JD has slashed its profit forecasts as cost-of-living pressures, fuelled by the US war on Iran, weighed on sales of trainers.
JD Sports, which sells a range of sports brands including Nike and Adidas, said widespread inflation had hit shoppers’ wallets, resulting in falling sales across important m…
20 Aug, 09:03
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