Sales up and margins down at JD Sports Fashion

JD Sports Fashion gave some indications of its performance in the financial year ended last Feb. 2. According to preliminary figures, the total revenues of the U.K.-based fashion and sports retail group increased by 18.8 percent to £1,258.9 million (€1,493.0m-$1,951.5m), but the gross margin declined to 48.7 percent from 49.2 ...

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