UBS flags Europe and footwear as danger zones before JD Sports update Proactive uses images sourced from ShutterstockUBS has trimmed its price target for JD Sports Fashion PLC (LSE:JD., OTC:JDSPY) to 86p from 87p, warning that European demand and footwear sales are shaping up as the weak points when the retailer updates the market on 20 August. Europe accounts for roughly 34% of group sales on the bank's estimates, with footwear making up around 60%. Both are the areas where recent results from sportswear brands and retail peers point to trouble. Apparel continued to outperform footwear, though not by enough to offset weakness across several major footwear franchises. Nike, Adidas and Puma together account for more than half of JD Sports' sales, making their results a reliable read-across.