JD Sports confounded the sceptics in H1 with sales and profits powering ahead, despite nervousness over intense competiton and fewer major launches. And the company is expanding fast abroad as well as in the UK.
In sports, it’s all about winning and JD Sports Fashion certainly won the sales/profits race last year. It prospered on the athleisure trend, on digital growth and investment to ensure brands want it to sell their goods.
British retailer JD Sports Fashion expects to post full-year results towards the upper end of market expectations after strong demand at its core sports division helped it to achieve record first-half trading.
The British company, which owns numerous brands and licenses and is the majority owner of JD Sports, saw its sales reach more than 2.377 billion euros for its 2013 fiscal year, its organic growth exceeding 8%.