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Boss of Britain's JD Sports declines comment on recent bid speculation
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Boss of Britain's JD Sports declines comment on recent bid speculation
Aug 22, 2024 11:20 PM

LONDON, Aug 22 (Reuters) - The chief executive of

British sportswear retailer JD Sports Fashion said he had

"no comment on rumours" when asked by Reuters about recent bid

speculation in the group.

"If we had something (to say) we would have said," Regis

Schultz told reporters on Thursday after JD Sports updated on

second quarter trading.

Shares in JD Sports have slumped 23% this year, reflecting a

January profit warning and the underperformance of Nike ( NKE ),

its most important brand. Market sources in early August had

said there were reports of a potential strategic buyer being

interested in JD Sports.

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