JD Sports’ UK business hit by bad weather and Red Sea disruption
by Sarah Butler from World news | The Guardian on (#6R5RX)
Cold and wet spring reduces demand for camping kit and clothing, while shipping rerouting delays deliveries
JD Sports' UK business has been hit by falling sales after disruption in the Red Sea stalled deliveries and the cold, wet spring reduced demand for camping kit and clothing.
The retail group, which owns Millets and Blacks in the UK, said sales at the outdoor kit chain were down 5.3% in the six months to 3 August as key product lines" had been affected by Houthi attacks off Yemen delaying or rerouting shipping and the early date of Easter fell outside the camping season for the first time since 2018.
Continue reading...