From Yahoo Finance: 2025-04-09 12:40:00

British sportswear retailer JD Sports remains optimistic about its relationship with Nike, despite challenges from trading and tariffs. Nike’s shares have dropped 42% over the past year, impacting JD’s sales. JD’s global managing director expressed confidence in Nike’s new CEO’s strategy to refocus on sport and premium pricing. JD forecasts minimal profit growth due to volatile trading conditions and potential U.S. tariffs. CEO Regis Schultz is actively addressing the tariff issue.



Read more at Yahoo Finance: Britain’s JD Sports backs Nike strategy, says relationship good