JD Sports has blamed cost of living pressures for weaker spending by younger shoppers as it reported lower sales and profits.

The sportswear chain said it was operating against a ‘tough global consumer backdrop’ – particularly in the US.

Sales totalled £5.9billion for the six months to August 1, down 0.7 per cent on the same period a year ago.

The High Street retailer, which often collaborates with TV personalities such as Maya Jama, also revealed its pre-tax profit, adjusted for one-off items, fell by a fifth to £282million.

JD Sports has previously cautioned over higher inflation eating into consumers wallets, particularly from higher fuel prices.

It flagged weaknesses in the footwear market with fewer big launches from its brand partners coupled with lower confidence to spend among its core demographic of customers, typically aged between 16 and 24.

The firm has previously cautioned over higher inflation eating into consumer budgets, particularly from higher fuel prices.

However, it highlighted good momentum for running trainers and clothing and newer styles of shoes.

Chief executive Regis Schultz said the retailer had showed a 'resilient performance against a challenging backdrop of consumer cost-of-living pressures, footwear product cycle headwinds and a highly promotional market'.

JD Sports cut its profit outlook last month, saying it was expecting pre-tax profits for the full year to be between £700million and £800million, down from a previously guided range of £750million to £850million.

It had 4,766 stores worldwide in August – meaning its chain of shops has been reduced by more than 100 since the same time last year.

Experts said JD Sports' trading is impacted by weaker sales trends affecting sportswear giant Nike.

Victoria Scholar, head of investment at Interactive Investor, said: 'The struggles at Nike also have a knock-on effect on JD Sports as one of its most significant brand partners.

'The sportswear giant has fallen out of fashion amid fickle consumers who no longer see Nike products as highly desirable.

'Preferences have shifted towards newer, more exciting, nimble brands like On and Hoka, hurting the longstanding market leaders.' 

Shares in the firm yesterday slumped 5.7 per cent, or 4.5p, to 74.22p.