UK: JJB Sports Chairman Not Seeking Sale
Sportswear chain JJB Sports Plc's chairman David Whelan doesn't plan to sell off or reduce his current 39 per cent stake in the company, according to chief executive Tom Knight.
Knight spoke out in answer to suggestions that Whelan wants to sell off some or all or some of his stake in the company and feed the proceeds into his soccer club Wigan Athletic.
The business was reported to have ended acquisition discussions with a potential suitor last November after the two parties were unable to reach an agreeable deal.
Help test our new apparel sourcing tool.
Sportswear chain JJB Sports Plc has said it may up its aggressive pricing strategy during the second half of the year after recording a steep drop in first-half profits....
- "Power of the many" drives change at Otto Group
- Hard hit Turkish industry is not knocked out
- China leads US apparel sources with falling prices
- US apparel sector braces for potential cost hikes
- Vietnam grows share of US apparel imports in 2016
- US Q4 in brief – Foot Locker, Nordstrom, Carter's
- JC Penney to close 140 stores amid lower sales
- Inditex and H&M boycott Dhaka Apparel Summit
- Bangladesh government steps in on labour crackdown
- Macy's will "do the right thing", says Lundgren
- When Things Go Wrong - A Practical Guide to Managing Common Problems in Apparel Sourcing
- Outdoor performance apparel 2016: A broader perspective
- Technical textile markets: product developments and innovations, December 2016
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- Global market review of lingerie – forecasts to 2022