All articles tagged with #jd sports
A former JD Sports employee settled a sexual harassment case for £65,000 after being slapped on the bottom by a male supervisor while working part-time during her A-Levels. The company acknowledged the incident, apologized, and agreed to review its policies with the Equality Commission for Northern Ireland. The case highlights the importance of workplace policies and zero-tolerance approaches to harassment.
European stocks closed higher on Friday, with the Stoxx 600 index up 0.28%, as investors assessed euro zone inflation data, which rose to 2.6% in May. The ECB is expected to cut interest rates at its June 6 meeting. JD Sports shares fell 12.4% after reporting a decline in first-quarter U.K. sales. Italy's economy grew by 0.3% in the first quarter.
European stocks saw a slight increase, with the Stoxx 600 index up 0.3%, despite mixed sector performance and previous declines. Retailer Next PLC's shares hit a record high after raising its profit forecast, while JD Sports' shares plummeted by 24% due to disappointing sales and margins. French inflation rose slightly in December, and Euro zone PMI figures indicated continued contraction. U.S. stocks opened mixed, with the Nasdaq falling for a fifth consecutive day. U.K. Prime Minister Rishi Sunak anticipates a general election in the second half of 2024. Shipping giant Maersk's shares climbed despite a JPMorgan downgrade, and China's service sector PMI showed expansion.