Prøve GULL - Gratis
Is sports retail giant running to stand still?
Sunday Express
|September 28, 2025
THE SHARE HUNTER HARGREAVES LANSDOWN
-
MATT BRITZMAN SENIOR ANALYST Hargreaves Lansdown www.hl.co.uk
JD SPORTS is still moving, but the pace has slowed. Headline numbers looked strong last week, with first-half sales up 20%, but that's flattered by recent acquisitions. Strip those out, and like-for-like sales fell 2.5% - a meaningful drop when margins are already tight.
The UK and Europe remain soft spots. Last year's boost from the men's Euros set a tough benchmark, and this time around, the tills are quieter.
Add in higher employer taxes and minimum wage hikes, and the cost base is feeling the squeeze. Across the Atlantic, the story's been even tougher. A weak macro backdrop, delayed product launches, and aggressive discounting by rivals have all hurt.
Denne historien er fra September 28, 2025-utgaven av Sunday Express.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Sunday Express
Sunday Express
TORY 'ICE' FORCE WOULD DEPORT 150,000 A YEAR
Bold plan to tackle migrants crisis based on US agency
3 mins
October 05, 2025
Sunday Express
Specialist RAF tech boosts NATO allies
BRITAIN has deployed its most advanced counter-drone system to Denmark alongside a specialist RAF Regiment, to help our NATO ally tackle suspected Russian incursions.
1 min
October 05, 2025
Sunday Express
Maguire's in sights of Saudis
HARRY MAGUIRE could be in line for a shock move to the Saudi Pro League.
1 min
October 05, 2025
Sunday Express
Dozens hurt in ‘savage strike' on train
AT LEAST 30 people including three children were injured when a passenger train was hit by Russian drones.
1 min
October 05, 2025
Sunday Express
Barca joy at bargain Rash deal
BARCELONA believe they have struck a \"bargain\" deal to sign Marcus Rashford from Manchester United.
1 min
October 05, 2025
Sunday Express
Hundreds held as protesters defy rally calls
AT least 442 people have been arrested at pro-Palestine protests in London - held in defiance of calls by politicians and police chiefs following the synagogue attack.
1 min
October 05, 2025
Sunday Express
Sak-loads is on offer
ARSENAL have finally come up with a plan to tie down their biggest stars.
1 min
October 05, 2025
Sunday Express
Slot's Reds can't find fine margins
ARNE SLOT'S Liverpool slipped to their third loss in a row after a late winner from Chelsea's samba star Estevao.
1 min
October 05, 2025
Sunday Express
All aboard the book club bandwagon...
A HOST of actresses and pop stars are walking the line Reese Witherspoon is treading by launching their own book clubs.
1 mins
October 05, 2025
Sunday Express
Maresca's Jan plan
CHELSEA are ready to raid the January market to sign a new centre-back.
1 min
October 05, 2025
Listen
Translate
Change font size