JD Sports expects young shoppers not yet saddled with household bills to defy the economic gloom and keep buying Nike trainers and other sportswear, after it posted bumper Christmas sales.
The British retailer, which sold 2.6 million pairs of Nike Air Force 1 shoes in the last three months of 2022, forecast higher profits for its current financial year and next, after revenue growth of over 20 percent in the Christmas period.
The upbeat outlook…