Thursday, 20 August 2026 · World
USD/EUR 0.8584 USD/GBP 0.7359 USD/JPY 158.5 USD/CNY 6.746 All rates →
RSS
EUROS The World Financial Report
Nº 40 Thursday, 20 August 2026 · World Edition
LATEST
Front Page

JD Sports boss is still struggling to turn up the heat on a tepid trainer market

Business | The Guardian · 1h ago
JD Sports boss is still struggling to turn up the heat on a tepid trainer market

Latest profit warning is particularly disappointing in a World Cup year, which should have given the global business a sporty buzz JD Sports cuts £50m from profit forecast as cost of living pressures hit trainer sales It was a slower quarter for “high-heat footwear product”, said JD Sports . It didn’t mean it was struggling to shift sandals during a heatwave. Rather, it was referring coyly to the big global trainer brands’ failure to come up with hot new designs. When Nike and Adidas, reckoned by City analysts to account for slightly more than half JD’s sales, are on tepid form, the self-style

Read the full story at Business | The Guardian →