JD Sports closes UK stores and warns of price rises due to Middle East conflict

mirror.co.uk

JD Sports closed 24 UK stores as part of a strategy to focus on larger outlets, while warning of potential price increases due to Middle East conflict. The sportswear retailer cited potential future impacts of heightened uncertainty on energy, fuel, and input costs. Annual pre-tax profit is forecast to decline from last year's £852 million. The company experienced a drop in UK sales amid a tough consumer environment and recent adverse weather conditions affecting trading.


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JD Sports closes UK stores and warns of price rises due to Middle East conflict | News Minimalist