JD Sports Annual Profit More Than Doubles

Britain’s JD Sports Fashion on Wednesday posted an annual profit that more than doubled, and said independent probes and a governance review into its regulatory issues stressed on the need to bolster the board and improve internal controls.

The London-listed sportswear retailer has been a subject of several investigations by Britain’s antitrust watchdog. Most recently, the UK’s Competition and Markets Authority (CMA) provisionally found…