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JD Sports Cuts Outlook as Shoppers Curb Spending on Sneakers

The retailer cut its profit outlook after weaker-than-expected sales in the quarter, as customers grapple with cost-of-living pressures and pull back on discretionary spending.

JD Sports Cuts Outlook as Shoppers Curb Spending on Sneakers

We haven't written up this one. Business of Fashion has the full story — the link below goes straight to it.

Read the original at businessoffashion.com →

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Callosum raises $100M seed round

A UK AI startup that is building software infrastructure that allows AI workloads to run on different chips and AI models has raised $100m in an exceptionally high-value European seed round.

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