Sunday 23rd Oct 2016 - Logistics Manager

JD Sports reports sales ‘back on track’

Retailer John David Group, which owns the JD Sports clothing chain, said sales surged over Christmas as customers bought branded tracksuits and trainers. The company, which reported a loss in the first half, has since shown a “substantial improvement” in sales, margins and cost ratios, said chairman Peter Cowgill. Like-for-like sales in the eight weeks to 7 January rose 4.7 per cent. Sports clothing sales grew six per cent though fashion clothing fell 7.5 per cent.