JD Sports profit hit by losses in Blacks

LONDON - Britain's JD Sports Fashion reported an expected 82 percent drop in first half pretax profit as operating losses from its Blacks Leisure acquisition weighed on the group, but said it remained well positioned to hit full-year targets. The clothing and footwear firm, which sells merchandise from top brands like Nike and Adidas, said on Tuesday profit before tax and exceptional items for the six months to July 28 was almost 2.9 million pounds ($4.72 million), down from 16 million pounds a

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