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JD Sports furthers international expansion

JD Sports Fashion has opened a further 36 stores (net) in the last four months, as the group continues to roll out its international expansion plan.

Ahead of its annual general meeting today, the business said it had opened net 109,000 sq ft between 3 February and 23 June.

This included 18 new stores across Europe and 16 shops in the Asia Pacific region. The business also opened its first stores in both South Korea and Singapore during the period.

Peter Cowgill, executive chairman of JD Sports, said: “Overall, we remain encouraged about the progress that we are making internationally and, following the recent acquisition of the Finish Line business, are excited by the opportunity ahead of us in the United States.

“The board considers that the group continues to be on track to deliver a result for the full year in line with consensus market expectations.”

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