Footwear drives 20% first-half revenue rise at JD Sports
UK-based sportswear retailer JD Sports says demand for athletic footwear is behind 21% rise in revenues for the first half of the year to a record £809,901.
Profit before tax grew 88% to $44,708.
Chairman Peter Cowgill said: "In an extremely competitive market for sports fashion footwear across Europe, we must acknowledge that the levels of organic growth that we have seen over the last two years are unlikely to continue indefinitely, albeit the JD brand continues to strengthen and further opportunities prevail.