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Popular high street brand to close 50 stores globally in major shake-up
The sportswear retailer has not confirmed how many of the closures will be in the UK
JD Sports, one of the UK's leading high street retailers, is set to close 50 stores worldwide as part of a bold transformation plan for the next financial year. Factors such as inflationary pressures, changes in consumer behaviour, and uncertainties in international trade are contributing to a watchful outlook for the upcoming year. With tariffs and supply chain costs still uncertain, the company has confirmed ongoing discussions with brand partners such as Nike, which make up a significant part of its inventory.
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