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JD Sports sales rise despite high street gloom

JD Sports has issued what it called a "robust" Christmas trading update as it rolls-out its clothing chain overseas.
The UK's largest sportswear retailer said like-for-like sales increased 5% in the 48 weeks ending 5 January, including the critical Christmas trading period.
The company said it was confident that full-year pre-tax profit will be at the upper end of market expectations, which currently ranges from €325m to €352m.
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