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Lack of spare cash among under-25s feeds slide in sales with annual profits to be at lower end of expectations
Unemployment among young people in the UK is hitting sales growth and profits at JD Sports, the owner of the trainer and sportwear chain has said, amid warnings about the high number of under-25s not in work, education or training.
The UK was the worst-performing market for JD Group, which also owns Blacks, Go Outdoors and a number of US and European sports chains.
Source: www.theguardian.com
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