JD Sports ‘absorbing extra costs’ from weaker sterling post-Brexit



Info from
211  5.00  10  0

The headline rate of inflation was driven up partly by a spike in footwear and clothing costs. Prices in the shops jumped by 4.6% year-on-year, the highest level since records began. Ian King speaks to JD Sports’ Executive Chairman Peter Cowgill, whose company reported a 33% rise in pre-tax profits, to a record £102.7 million, for the six months to the end of July.

SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews

Follow us on Twitter: https://twitter.com/skynews and https://twitter.com/skynewsbreak

Like us on Facebook: https://www.facebook.com/skynews

For more content go to http://news.sky.com and download our apps:

iPad https://itunes.apple.com/gb/app/Sky-News-for-iPad/id422583124

iPhone https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8

Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB

source

Tags:
2 Comments
  1. Hamzah Farooq 2 months ago

    1st

  2. Andrew Tarr 2 months ago

    He doesn't sound very confident. 'I think' it's the weaker pound…

Leave a reply

Your email address will not be published. Required fields are marked *

*

CONTACT US

We're not around right now. But you can send us an email and we'll get back to you, asap.

Sending

©2017

Log in with your credentials

Forgot your details?