JD Sports ‘absorbing extra costs’ from weaker sterling post-Brexit

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The headline rate of inflation was driven up partly by a spike in footwear and clothing costs. Prices in the shops jumped by 4.6% year-on-year, the highest level since records began. Ian King speaks to JD Sports’ Executive Chairman Peter Cowgill, whose company reported a 33% rise in pre-tax profits, to a record £102.7 million, for the six months to the end of July.

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