Bury-based JD Sports announces pre-tax profits slump as inflation hits
Sportswear giant JD Sports has announced a slump in its pre-tax profits by more than £50m as bosses cautioned over inflation and supply chain disruption affecting trading over the rest of the year. Its comes days after the Bury-headquartered group handed a former executive chairman Peter Cowgill a £5.5m exit deal after he resigned in May.