JD Sports has announced that total revenues for the 22-week period to 1 January 2022 were more than 10 per cent ahead of the same period in 2020.
It said that performance across the Black Friday and Christmas period was equally positive.
As a result, the company expects full year results to be slightly ahead of previous predications.
Pre-tax profit before tax for the 2021 is expected to be “at least” £900 million, according to the sports retailer.
Last month JD Sports said that increased consumer demand meant that operating profit for the year would be ahead of market expectations of £810 million, predicting this would rise to at least £875 million for the 12-month period.
On Monday JD Sports and Footasylum were fined nearly £5 million for breaking competition rules after the Competition and Markets Authority blocked a merger between the two sports brands.
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Poundland significantly reduces antisocial behaviour, aggression and shoplifting with Motorola Solutions VT100 body cameras
Retail should not be a high-risk occupation. As a company, we are focused on listening to our colleagues and customers to help them with the issues they are facing in-store and so far, the feedback on our body cameras has been excellent. They act as a great visual deterrent, help to de-escalate situations and overall, this project has significantly aided our goal to make the retail environment safer.
For further information on Motorola Solutions’ retail security products, including body cameras, click here.
For further information on Motorola Solutions’ retail security products, including body cameras, click here.
Supplying demand: how fashion retailers can meet the needs of customers and still be sustainable
The fashion industry is no stranger to breaking the mould and setting trends, but the pursuit of style can come at a huge cost to the environment.
New legislation, such as the European Union's Ecodesign for Sustainable Products Regulation, will set mandatory minimums for the inclusion of recycled fibres in textiles, making them longer-lasting and easier to repair.
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