For the UK, the working portion of the target 16-24 year old demographic will be benefiting from the large increase in the minimum wage, and are probably shielded from some cost increases, such as rising energy and council tax, as most will be living with parents. New holder (before reading this article).
It’s an interesting point. That said, I’m less optimistic about the extent to which price hikes from brands like Adidas and Nike can be absorbed by JD and ultimately passed on to the customer. As I mentioned in the article, I’d really like to see stronger growth in JD’s own-brand offering — something along the lines of what we’ve seen with Next plc
For the UK, the working portion of the target 16-24 year old demographic will be benefiting from the large increase in the minimum wage, and are probably shielded from some cost increases, such as rising energy and council tax, as most will be living with parents. New holder (before reading this article).
It’s an interesting point. That said, I’m less optimistic about the extent to which price hikes from brands like Adidas and Nike can be absorbed by JD and ultimately passed on to the customer. As I mentioned in the article, I’d really like to see stronger growth in JD’s own-brand offering — something along the lines of what we’ve seen with Next plc