JD Sports warns of ‘muted growth’ amid weak consumer spending Retail JD Sports has seen profit fall as the sportswear retailer warned it is preparing for a period of “muted” growth amid weak consumer spending and potential Iran war cost pressures. Pre-tax profit at the FTSE 100 firm fell by 12 per cent to £629m in the year to January, even as sales rose by 12 [...]
FTSE 100 Live: Stocks down on election day; oil back below $100 as Iran deal hangs in balance Markets Good morning and welcome back to the CityAM liveblog. It’s local election day in the UK and Keir Starmer’s premiership is hanging in the balance as his Labour Party prepares to take a drubbing in council boroughs across the country. Gilt yields rose at their fastest rate earlier this week as the market prepares [...]
JD Sports boss quit after failed coup attempt Retail The chair of JD Sports quit earlier this week because he failed to convince its board to eject its chief executive, it has been revealed. Andy Higginson quit as chair of the FTSE 100 sportswear retailer on Wednesday, with his tenure set to complete after the firm’s annual meeting in July. He said he was [...]
JD Sports to provide update after tariff sales crunch August 23, 2025 JD Sports investors will be hopeful the retailer can show signs of progress next week after sales came under pressure at the start of the year. The impact of US tariffs and its overall performance in the US will be particularly in focus when it provides a half-year trading update on Wednesday August 27. Shares [...]
JD Sports: Retailer partners with UFC ahead of London Fight Night March 17, 2025 UK retailer and FTSE 100 giant JD Sports has partnered with fighting organisation UFC in a deal that begins this weekend at London’s Fight Night. The Manchester-headquartered brand forms half of a European partnership, which will see it become a key partner across UFC despite it issuing a profit warning in January. JD Sports forecast [...]
Chinese shopping giant JD pulls out of Currys takeover race March 15, 2024 Chinese online shopping giant JD.com has pulled out of the race to acquire Currys, just one week after another potential suitor pulled out of the race.