JD Sports sales slump in UK as fragile consumer confidence concerns retailers
by Sarah Butler from US news | The Guardian on (#6ZKE9)
Leisurewear firm cuts prices online amid tough market, especially in footwear for women and children
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.
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