The Guardian Australia – Business
·business
·1 hour ago
JD Sports warns Iran war could hit consumer spending and raise prices
Sports retailer JD Sports warned Thursday that Middle East conflict could raise costs and prices, as it forecast profit declines this year amid weak consumer spending. The company operating 4,800 stores globally expects profits of £750m-£850m, down from £852m previously, citing muted market conditions and younger shoppers pulling.
Summary by Glance · The Guardian Australia – Business
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