British sportswear retailer JD Sports on Wednesday forecast little or no profit growth this year, even before any potential impact from U.S. tariffs, with the trading environment in its key markets expected to be “volatile”. Shares in JD have lost over a third of their value so far this year on worries about consumer spending amid a downturn in demand for Nike products, which account for about 45% of JD’s sales. JD said the outcome of the tariffs “is uncertain”.Read More
