The pound has tumbled against the US dollar as concerns ramped up over a no-deal Brexit, but London’s top tier shrugged off big falls on Wall Street amid America’s hefty tech sell-off.
JD Sports has warned that retail footfall remains “weak” as cost rises caused by higher online sales weighed down on half-year profits.
The Competition and Markets Authority has slapped JD Sports and its biggest shareholder with a £300,000 fine for allegedly breaking an order from the watchdog over its purchase of Footasylum.
JD Sports has filed for court protection for its subsidiary Go Outdoors to keep creditors at bay as it mulls over what to do with the business.
JD Sports has shut down “essentially all” of its stores across the UK, US and Europe following the spread of coronavirus.
A major sportswear brand has announced it will open a new store in Aberdeen.
Kyle Torliefson, 28, and Rachel McRobb, 19, appeared from custody at Aberdeen Sheriff Court.
JD Sports look set to move into the former Xmas Store site opposite St Nicholas Kirk on Union Street.