JD’s policy of being more of a long-term partner to brands makes it less willing to follow suit, and although sticking to full-price sales will protect gross margins, it will mean North American sales ...
JD Sports JD-0.38%decrease; red down pointing triangle shares hit a near four-year low after the British company cut its full-year profit guidance blaming challenging market conditions.
JD’s overall portfolio includes more than 20 brands. Hibbett also owns City Gear and Sports Additions. The combined revenues of JD and Hibbett in North America would be approximately 4.7 billion ...
Credit: Shutterstock. For the nine weeks to 4 January 2025 JD Sports’ like-for-like (LFL) revenue was down 1.5% with the brand citing a challenging and volatile market that saw increased promotional ...
For the nine weeks to 4 January 2025 JD Sports' like-for-like (LFL) revenue was down 1.5% with the brand citing a challenging and volatile market that saw increased promotional activity.
Former JD Sports boss Peter Cowgill has invested in growing Merseyside sports nutrition brand Applied Nutrition and says he's proud to back a "British success story". It follows the appointment of ...
buying up brands and expanding into new markets. Analysts say that while this approach is risky at a time of weaker consumer sentiment, JD Sports should be well positioned when the economy improves.
The business said it now expects pre-tax profits of between £915 million and £935 million for the financial year to February, down from previous City expectations of around the £955 million mark.
Mamta Valechha, consumer discretionary analyst at Quilter Cheviot, said that “while JD Sports has not called out any brand in particular, it is well understood that a significant amount of the ...
She added: “While JD Sports has not called out any brand in particular, it is well understood that a significant amount of the company’s woes are related to Nike.” Sales for the US-based ...