Brexit is costing JD Sports millions
The executive chairman of JD Sports, Peter Cowgill, has said the retail group will consider opening a new distribution centre in the European Union, creating around 1,000 new jobs.
He said the new trading arrangements with the European Union following the UK’s exit were costing JD Sports “double-digit millions”. The group sources sports shoes and clothing from Asia and distributes them to its stores in the EU from a distribution centre in Rochdale, near Manchester.