JD

JD Sports Cuts Profit Forecast After Weak Q2

JD Sports Fashion reported a slight revenue decline in the second quarter of its 2026/27 financial year and has reduced its full-year pre-tax profit guidance. The group’s organic revenue fell 1.3% overall (like-for-like -3.1%), with North America the weakest region (organic -4.5%; excluding remaining Finish Line stores the decline was 1.0%). Europe and the UK were broadly stable, while Asia-Pacific delivered double-digit organic growth. JD Sports now expects pre-tax profit before exceptional items of £700–800 million (previously £750–850m), but reaffirmed its free cash flow target of £460–520 million. Management cites subdued consumer demand, a difficult sneaker market and elevated promotional intensity, while continuing to invest in omnichannel, digital technologies, AI and efficiency measures. A second share buyback tranche of £200 million is progressing as planned.

YouGov Nutrition Study 2026: Seven Diet Types Identified

The YouGov Nutrition Study 2026 finds that healthy eating remains a priority for most consumers in Germany, but they prefer simple, enjoyable, and affordable solutions that fit daily life. YouGov used cluster analysis on psychological needs and shopping data to define seven nutrition types across six dimensions (health, enjoyment, self-optimization, variety, everyday practicality, and values). The study reports that 73% aim for long-term health through diet and 75% need easy day-to-day integration. YouGov recommends four strategic actions for manufacturers and retailers: optimize, activate, simplify, and support to address distinct consumer motives and market potential where health, convenience, and enjoyment intersect.

UK launches AI bootcamp for unemployed youth

The UK government has launched a pilot AI bootcamp in North West England aimed at unemployed or at‑risk young people aged 16–21. Up to 70 participants can attend a three‑week training that will teach responsible use of AI, workplace applications, basic IT and timekeeping systems, and hands‑on development with tools from providers such as OpenAI and Anthropic. The scheme is branded the "Tech First AI Apprenticeship Pathway" and is being run with local companies and public organisations including Heinz and JD Sports; it is intended to prepare a nationwide programme due to start next summer. Experts warn three weeks may be insufficient to build lasting AI skills.