JD Sports has said it is doing better than other struggling sportswear labels after reporting rising sales this year, as the group continues to cash in on demand for trainers around the world. The group reported total revenues of £5bn in the 26 weeks to August, which it said was a record amount.
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00:00Hello, my name is Greg Wright. I'm the Deputy Business Editor of the Yorkshire Post and
00:06here are your headlines for this morning.
00:08JD Sports said it is doing better than other sportswear labels after reporting rising
00:13sales this year as the group continues to cash in on demand for trainers around the
00:19world.
00:20The group reported total revenues of £5 billion in the 26 weeks to August, which is said was
00:28a record amount. This was 6.8% higher than the same period last year at constant currency
00:35rates.
00:36Compared like for like, sales edged up by 0.7%.
00:41So, an update this morning from JD Sports which says it is outperforming its rivals
00:47in the market as it provides an update for investors.
00:51My name is Greg Wright and I'm the Deputy Business Editor of the Yorkshire Post.