Retail group JD Sports, with 4,800 stores worldwide, has warned that profits are expected to fall this year due to a 'muted market' and potential impacts from the Iran war on consumer spending and prices.

The chairman of JD Sports resigned from his position after reportedly failing to convince the board to oust the company's chief executive officer. The resignation highlights internal disagreements within the company's leadership.

JD Sports has issued a warning that its profits are expected to fall in 2026, citing concerns that the Iran war could negatively impact earnings and drive up prices.

The departure of JD Sports' chairman has been met with lament and concern from financial analysts and investors. The news has prompted discussions about the company's future leadership and strategic direction.

JD Sports, known as the UK’s ‘King of Trainers,’ grew into a global powerhouse during the athleisure boom but is now facing boardroom conflict due to slowing sales.

JD Sports is expanding its use of RFID technology across its European operations to improve inventory management and efficiency.