Weekly Recap: Fiscal 2027 profit guidance and weaker footwear demand

JD Sports Fashion Plc (LSE:JD.) reaffirmed FY2027 adjusted pretax guidance of £700—800m as CEO said strategy is progressing despite weak footwear demand, heavy promotions and margin pressure; the group named John Mersho CEO North America, struck a Mexico franchise with Grupo Axo and declared a 0.40…