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The Latest Breaking News from JD Sports

Who were the winners and losers on the high street this Christmas?

Here the PA news agency looks at who the festive success stories are so far, and which retailers have appeared more downbeat.

Evening Standard

JD Sports cuts profit forecast, blaming big fashion price cuts

Stores outperform online arm, in contrast to other listed fashion retailers, such as Marks & Spencer and Next

The Guardian - UK

JD Sports cuts yearly profit outlook after rivals apply festive discounts

The sports retailer said revenues over November and December were 1.5% lower than the same period a year ago.

Evening Standard

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JD Sports warns on profits again in latest blow to high street

Latest alert takes retail giant further away from the £1 billion profit landmark

Evening Standard

UK sells £1bn of bonds on most expensive terms since 2004 – as it happened

Auction attracts solid demand; government borrowing costs ease in bond markets while pound falls again

The Guardian - UK

FTSE 100 Live 14 January: JD Sports Fashion shares slide on update, Persimmon and Ocado rally

JD Sports Fashion shares are down sharply after the retailer’s post-Christmas update disappointed the City for a second year in a row.

Evening Standard

Utilities drag on FTSE 100 after Thames Water receives rescue bid

The FTSE 100 moved 40.77 points lower, or 0.49%, to close at 8,308.61.

Evening Standard

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Frasers cuts profit outlook amid ‘weaker’ shopper confidence around Budget

It came as the Mike Ashley-founded firm revealed a slump in sales for the past half-year, and lower profits

The Independent UK

JD Sports shares slump 14% after profit warning

Lower sales in UK and North America after mild weather and discounting by rivals offset by 3.5% rise in Europe

The Guardian - UK

JD Sports warns over profit hit after October trading woes

The retailer said underlying annual profits are now expected at the lower end of its previous guidance for between £955 million to £1.04 billion.

Evening Standard

FTSE 100 Live 21 November: JD Sports Fashion shares skid, Nvidia lower as Bitcoin nears $100k

The shares of JD Sports Fashion today skidded after the retailer said trading conditions toughened in October.

Evening Standard

Coleen Rooney-backed Applied Nutrition kicks off float with £350m valuation

The group priced its initial public offering at 140p a share, which is near the bottom of the 136p and 160p per share price range unveiled last week.

Evening Standard

JD Sports’ UK business hit by bad weather and Red Sea disruption

Cold and wet spring reduces demand for camping kit and clothing, while shipping rerouting delays deliveries

The Guardian - UK

Starling Bank fined £29m for ‘shockingly lax’ sanctions breaches – as it happened

Live coverage of business, economics and financial markets as bank gave accounts to 49,000 high-risk customers and oil prices rise after Iranian missile attacks on Israel

The Guardian - UK

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The Guardian - UK

England’s Euro run helps JD Sports beat sales expectations

Share price jumps more than 8% after big improvement on previous quarter assisted by popularity of replica shirts

The Independent UK

Back to school essentials to set them up for success

Get them ready and raring for the new school year with these term time must-haves

Evening Standard

£1 billion profit target looks far away at JD Sports, but sales recover in tight market

JD Sports today bounced back from a January profit warning with sales growth in both Europe and the US. But profits for the year missed the £1 billion earlier hoped for by some way at £917 million. That was down on £991 million a year ago.

Evening Standard

Best England football kits to support the Euros and Olympics 2024

...and where to buy the 2024 England football kit

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Evening Standard

Billion-dollar deal to transform JD Sport's run into US markets

The transatlantic move features a FTSE 100 firm as the buyer, snapping up Alabama-based Hibbett

Evening Standard

JD Sports back up running after January profit warning

JD Sports says it is still battling a “challenging” market with “elevated promotional activity” by rivals.

The Guardian - UK

‘Toxic environment’: former staff of UK fashion retailer allege culture of bullying

Exclusive: Female ex-employees of Missy Empire claim they were subjected to ‘degrading’ treatment

The Guardian - UK

Too mild for fleeces? There’s more to JD Sports’ profit warning than that

Against a trading backdrop that wasn’t obviously unhelpful, overpricing may hold the key to poor Christmas sales

Evening Standard

Next is booming while JD Sports struggles — so who's the outlier?

City Comment: Were Next and JD Sports operating in parallel retailing universes in the run-up to Christmas?

The Guardian - UK

Value of JD Sports plummets by £1.8bn after profit warning

‘Mild weather and heavy discounting’ drag down pre-Christmas trade, with 23% wiped off shares

The Guardian - UK

UK mortgage approvals pick up, credit card borrowing doubles – as it happened

Consumer borrowing hits a near-seven-year high in November, according to Bank of England

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