JD Sports Fashion posts RECORD half-year profits after demand for 'athleisure' clothing
Shares in the FTSE 250 retailer, which also includes Blacks, Millets and Go Outdoors, jumped 30¾p to 373½p as stores open for at least a year increased sales by 3 per cent, supported by double-digit online growth.
Pre-tax profit was up 33 per cent to £102.7 million on 41 per cent higher revenue of £1.37 billion as the number of stores increased by 40.
Chairman Peter Cowgill said in a statement: “We are the first choice destination for athletic footwear and clothing as the brands want their newest, top tier product in our stores because we are the choice destination for consumers.
“We also... read more
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