JD Sports ‘Cautious’ over Consumer Finances as UK Sales Slide - Rother Radio
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Consumers “very selective” about their purchases says JD Sports Fashion CEO - InternetRetailing
Consumers remain “resilient” although they are very selective about their purchases, said Regis Schultz, CEO of JD Sports Fashion at the company’s latest trading update today. He said the business remained cautious about consumer confidence for the second half of 2025 given continued strains on consumer finances and unemployment risk. Schultz said JD continued to make strong progress in developing its omnichannel customer proposition, store foot…
JD Sports ‘cautious’ over consumer finances as UK sales slide - Rother Radio
JD Sports said it is “cautious” about trading over the rest of the year due to pressure on consumer finances and the risk of rising unemployment. The sportswear retailer however added that it has made “strong progress” in recent months and pointed to improvements in the US after it had been impacted by weak consumer sentiment. It came as the sportswear retailer revealed a 2.5% drop in like-for-like sales over the six months to August 2, compared…
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