Home / Knowledge / News / Apparel/Garments / Marginal rise in like-for-like sales at JD Sports
Marginal rise in like-for-like sales at JD Sports
29
Nov '12
JD Sports Fashion Plc, the leading retailer and distributor of branded sportswear, fashionwear and outdoor clothing and equipment, releases the following Interim Management Statement for the period to 20 November 2012.

The Group's interim results on 18 September 2012 reported like for like sales in the core UK Sports and Fashion Fascias of  +1.1% (Sports Fascias +1.2%; Fashion Fascias +0.7%)  for the 26 week period to 28 July 2012.

We are pleased to report that for the sixteen week period to 17 November 2012 the like for like sales growth for these Fascias has been +1.5% overall.

The trading environment in our markets remains tough and particularly so for the Fashion Fascias. This is reflected in the split of the like for like sales in the sixteen week period, being Sports Fascias +3.5% and Fashion Fascias -6.6%.

The new Managing Director of Blacks, who was previously Buying and Merchandising Director at Cotswold Outdoor, joined us this month and we expect to provide an update on the business strategy and outlook in the post Christmas trading update. We have commenced investment into the Blacks stores and early signs are encouraging for the future.

The result for the full year remains, as usual, substantially dependent on the performance through the Christmas period and particularly in the last two weeks of December. At this stage the Board believes the Group remains on course to deliver earnings in line with current expectations.

The Group will issue its post Christmas trading update on 10 January 2013.

JD Sports Fashion Plc

Must ReadView All

Apparel/Garments | On 23rd Feb 2017

Pakistan invites Chinese firms to invest in Apparel Park

At a road show to set up the Quaid-e-Azam Apparel Park, Pakistan's...

Information Technology | On 23rd Feb 2017

Lectra unveils supply chain programme for fashion industry

Lectra, the world leader in integrated technology solutions dedicated ...

Textiles | On 23rd Feb 2017

Gujarat govt announces Rs 1,000 cr package for MSMEs

In its state budget for 2017-18, the Gujarat government has announced ...

Interviews View All

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search