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

Leisurewear firm cuts prices online amid ‘tough comparatives’ and is ‘cautious on trading environment’JD Sports has revealed a slump in UK sales, amid mounting concern that brittle consumer confidence will damage retailers.Revenues in established UK shops fell 6.6% as the leisurewear company struggled to beat strong trading last year, when it received a boost from the men’s Euro 2024 football tournament and women’s growing taste for sports footwear such as Adidas’s Samba and Gazelle. Continue reading...

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